HB6291 Summary

• Amends the Illinois Municipal Code Section 11-74.4-3.5 to add the City of Batavia as a municipality eligible for a 35-year completion date for redevelopment projects if the ordinance was adopted on March 15, 2004

• Allows redevelopment project areas and retirement of obligations to be extended to December 31 in the 35th calendar year after the ordinance's adoption for the City of Batavia, consistent with other similarly situated municipalities

• Permits the City of Batavia to extend the life of its redevelopment project area to 35 years through municipal ordinance after providing 14-30 days' written notice to taxing bodies

• Takes effect upon becoming law