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HomeMy WebLinkAbout2024-10-31 Letter to Terminate TIF6101 Capulina Avenue Morton Grove, IL 60053-2985 Tel: 847 965-4100 www.mortongroveil.org Fax: 847 965-4162 NOTICE OF ADOPTION OF AN ORDINANCE TERMINATING TAX INCREMENT ALLOCATION FINANCING FOR THE LEHIGH AVENUE / FERRIS AVENUE TAX INCREMENT FINANCE REDEVELOPMENT PROJECT AREA AND AUTHORIZING PAYMENT OF REDEVELOPMENT PROJECT COSTS October 31, 2024 To Area Taxing Body: Please be advised that, on November 26, 2024, the Morton Grove Village Board will be adopting the following Ordinance, a copy of which will be available online and provided via the United States Post Office following the formal adoption: ORDINANCE 24-20 AN ORDINANCE TERMINATING TAX INCREMENT ALLOCATION FINANCING FOR THE LEHIGH AVENUE / FERRIS AVENUE TAX INCREMENT FINANCE REDEVELOPMENT PROJECT AREA AND AUTHORIZING PAYMENT OF REDEVELOPMENT PROJECT COSTS Pursuant to 65 ILCS 5/11-74.4-8, a copy of the foregoing is being served upon you as a taxing district that would be affected by the natural termination of the life of the tax increment financing district. Village of Morton Grove Eileen Scanlon Harford Village Clerk