TIF #2 Information

The downtown TIF #2 qualification report was prepared by Kane, McKenna and Associates for the Village of Lake Zurich in November 2014.  Downtown TIF #2 Qualification Report

The downtown TIF #2 redevelopment plan and project report was prepared by Kane, McKenna and Associates for the Village of Lake Zurich in November 2014.  Downtown TIF #2 Redevelopment Plan and Project Report 

 Pursuant to Section 5/11-74.4-4.2 of the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et seq. (the “Act”), the Village of Lake Zurich (the “Village”) is establishing an interested parties registry (“Registry” or “Registries”) for a proposed redevelopment project area known as Downtown TIF #2, generally described as follows:

An area generally bounded by Route 22 and the CN railroad tracks to the south, S. Old Rand Road to the east, and W. Main Street to the north and west, as depicted on the map attached hereto as Exhibit A (the “Area”).

A more specific description of the Area and the Registry will be available for public inspection at the office of the Village Clerk during normal Village business hours.

Any resident of the Village and organization active within the Village are entitled to register in the Registry to become an “Interested Party” for the Area. Organizations include, but are not limited to, businesses, business organizations, civic groups, not-for-profit corporations, and community organizations within the Village or the proposed Area. The Registry will include the name, address, and telephone number of each Interested Person and, for organizations, the name and phone number of a designated contact person. Individuals and organizations wanting to register as an Interested Party with respect to the Area must complete and submit an Interested Parties Registration Form with the Village Clerk.

The registrant must submit a copy of a current driver’s license, lease, voter registration card, utility bill, financial statement, or such other evidence that may be acceptable to the Village Clerk to establish the individual’s current residency. If the registration form and/or supporting documentation are incomplete, the Clerk will give written notice of a defective application to the registrant. The registrant will be entitled to correct any defects and resubmit a new registration form and supporting documentation.

Registered residents and organizations will be entitled to receive notices of public meetings, public hearings, and the availability of redevelopment plans and eligibility reports. Registration forms must be picked up and filed with the following office:

TIF Interested Parties Registry
Village of Lake Zurich c/o Village Clerk
70 East Main Street
Lake Zurich, Illinois 60047

Notice of Interested Party Registry