ELIGIBLE USES Permissible redevelopment project costs or expenses include but are not limited to: Acquisition, demolition, clearance and other land assembly and site preparation activities. Relocation assistance Professional services such as architectural, engineering, legal, property marketing and financial planning Financing costs, including interest assistance Area-wide public infrastructure improvements such as road and sidewalk repairs, utility upgrades, water and sewer projects. Rehabilitation or renovation of existing public or private buildings. Correction or mitigation of environmental problems and concerns. Job training, workforce readiness, and other related educational programs. Incentives to retain or attract private development. Marketing Redevelopment project costs shall not include costs incurred in connection with the construction of buildings or other structures to be owned by or leased to a Developer, except for multi-level parking facilities. FUNDING The City may use proceeds of special obligation bonds or full faith and credit tax increment bonds to finance the undertaking of a redevelopment project. The maximum maturity of any such special obligation bonds or full faith and credit tax increment bonds shall be 23 years. The City may also issue revenue bonds, or private activity bonds to benefit a Developer located within a redevelopment district. Special Obligation Bonds: The City may special obligation bonds to finance permissible expenses of a redevelopment project. Principle and interest on such bonds may be payable: From tax increments allocated to, and paid into a special fund of the City; From revenues of the City derived from or held in connection with the undertaking and carrying out of any redevelopment project; From private sources, contributions, or other financial assistance from the state or federal government; From any combination of these methods. Special obligation bonds are not general obligations of the City, nor in any event shall they give rise to a charge against its general credit or taxing powers or be payable out of any funds or properties other than those sources set forth above. Should the annual increment fall short of the amount necessary to pay the principal and interest of the special obligation bonds issued under this policy, the remaining amount payable is the responsibility of the
sections of sidewalk. Slope: There must be a slope of ¼” per foot to drain water toward the street. Thickness: All residential standard sidewalks not including driveway sections must be 4” thick. Driveway sections and all commercial standard sidewalks must be 6” thick. Subgrade: All subgrade material must be well tamped and watered before concrete is poured. Concrete: Concrete must be B” State mix. Contraction Joints: Same as the (The length of each slab should be the same as the width). Finish: Broom Finish (Smooth finish sidewalks are prohibited). Curing: Concrete must be covered with burlap and kept wet or covered with impermeable paper of polyethylene sheeting method for 72 hours or other methods approved by the City. Inspections: An inspection must be performed by the City Engineering Department or the Community Development Department after the forms are set. This inspection MUST be performed before concrete is poured. Final Inspection: After the concrete is poured, call the City Engineering Department or the Community Development Department again and we will measure the sidewalk. You will be reimbursed $1.50 per square foot for residential 4” sidewalk and $2.50 per square foot for 6” driveway sections and 6” commercial sidewalk. APPLICATION/APPROVAL PROCEDURE Applications are available at City Hall and online through the City’s website and must be completed and approved prior to the commencement of work on the project. Approval of applications, though dependent upon available funding as budgeted by the City Council, is a ministerial act conducted at the level based on project eligibility and applicability, requiring no action from the governing body. CONTACT City of Kewanee Dale Nobel, City Engineer 401 E. Street Kewanee, IL 61443 (309)852-2611 Ext. 231 Fax: (309)856-6001 Email: Website: www.cityofkewanee.com Keith Edwards, Director of Community Development 401 E. Third Street Kewanee, IL (309)853-2611 Ext. 267 Fax: (309)856-6001 Email: Website: www.cityofkewanee.com