Notice of Proposed First Street TIF District Amendment Availability
City of St. Charles
Notice of a Proposed Amendment
First Street Tax Increment Financing District Amendment Availability
This Notice is being given for the purpose of advising to all interested persons that the City of St. Charles is pursuing an Amendment to the First Street Tax Increment Financing District (TIF #4) and the Amendment document is available for public viewing at the City of St. Charles City Hall (2 East Main Street, St. Charles IL 60174) at the City Clerk's office. The Amendment document is also available digitally on this webpage under the Related Information tab. For more information about the First Street TIF extension, please see the project webpage.
Pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq., on March 18, 2002, the City of St. Charles approved the First Street Redevelopment Project Area Tax Increment Financing Redevelopment Plan & Project, designating the First Street Redevelopment Project Area as a redevelopment project area and adopting tax increment allocation financing for the First Street Redevelopment Project Area (RPA). In January 2025, the City engaged SB Friedman Development Advisors to prepare a TIF amendment document to support the extension of the RPA for twelve (12) years beyond its original completion date of December 31, 2025 to December 31, 2037 and update components of the financial plan.
Pursuant to section 5/11-74.4-4.2 of the Tax Increment Allocation Redevelopment Act (65 ILCS 5/11-74.4-4.1 et seq.) (the “Act”), the City of St. Charles (the “City”) is required to establish an Interested Parties Registry (“Registry”) for each Tax Increment Financing (“TIF”) Redevelopment Project Area created pursuant to the Act, whether existing as of the date of this notice or hereinafter established. The City has adopted an Ordinance authorizing the establishment of such registries by the City Clerk (“Clerk”) and adopting Registration Rules for such registries. The purpose of this notice is to inform Interested Parties of the Registries and Registration Rules and to invite Interested Parties to participate in the Registry of a Redevelopment Project Area(s) in St. Charles.
Any individual or organization interested in obtaining information pertaining to activities within a particular Redevelopment Project Area(s) is entitled to register in the appropriate Registry. Organizations include, but are not limited to, the following: businesses, business organizations, civic groups, not-for-profit corporations and community organizations.
An Interested Parties Registry has been created for the following proposed TIF Redevelopment Project Area: First Street Redevelopment Project Area Tax Increment Financing District
An individual or organization seeking to register as an Interested Party with respect to the above-listed Redevelopment Project Area Amendment must complete a registration form, available at the Office of the City Clerk located at the St. Charles City Hall, Two East Main Street, St. Charles, Illinois 60174. Completed forms may be returned by mail or in person to the Office of the City Clerk.
Upon registration, Interested Parties will be entitled to receive all notices and documents required to be delivered under the Act and the City’s Registration Rules with respect to the Redevelopment Project Area. The Clerk will provide written notice to the registrant confirming such registration. If the Clerk determines that a registrant’s registration form is incomplete or does not comply with the Registration rules adopted by the City, the Clerk will give written notice to the registrant specifying the defects. The registrant will be entitled to correct any defects and resubmit a new Registration Form. An Interested Party’s registration will remain effective for a period of three years. Rules for the renewal or amendment of an Interested Party’s registration are included with the Registration Form that may be obtained as described herein.
Interested Parties will be sent the notices and other information to which they are entitled under the Act and the City’s Registration Rules with respect to the applicable Redevelopment Project Area Amendment.
Registration forms can be found below under Related Information or picked up at the Office of the City Clerk, Two East Main Street, St. Charles, Illinois 60174. Registration forms will not be mailed, emailed or faxed. For more information, please call the Office the City Clerk at (630) 377-4422.
Dated: June 5, 2025
Marzena Sheets
Deputy City Clerk
City of St. Charles