PUBLIC NOTICE
VILLAGE OF FRANKLIN PARK, COOK COUNTY, ILLINOIS
October 05, 2021
Public Notice, pursuant to 65 ILCS 5/11-74.4-4(c), is hereby given that the Village President and Board of Trustees of the Village of Franklin Park, Cook County, Illinois (the “Village”), an Illinois municipal corporation, will contemplate the execution of a redevelopment agreement for the purchase and sale of a parcel of vacant property within both the Mannheim-Grand TIF District and the West Mannheim Residential TIF District on Monday, October 18, 2021, at 7:00 p.m. in the Community Room, Franklin Park Police Station, 9451 W. Belmont Avenue, Franklin Park, Illinois. The proposed agreement is being contemplated in connection with a Redevelopment Plan and Project (the “Project”) for the designated Redevelopment Project Areas known as the Mannheim-Grand TIF Redevelopment Project Area and the West Mannheim Residential TIF Redevelopment Project Area (the “Project Areas”), pursuant to the Illinois Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et seq., (the “Act”).
A copy of the terms of the redevelopment agreement for the construction of an approximately 116,000 square foot building on a 2.76 acre vacant parcel of property owned by the Village and known as Lot 8 in the Franklin Marketplace located at the southwest corner of Crown Road and the Franklin Marketplace access drive is on file and available for examination during normal business hours, Monday through Friday, 8:00 a.m. through 4:30 p.m. in the office of the Village Clerk, located at 9500 W. Belmont Avenue, Franklin Park, Illinois 60131, (847) 671-4800.
In accordance with the Act, all interested persons or parties are further notified and invited to submit an alternative bid for the Village owned property in the Project Area to the Village Clerk at the address identified in the preceding paragraph for consideration by the Village from this time and until Monday, October 18, 2021, at 3:00 p.m.
In the event of questions, all persons or parties should contact John Schneider, Community Development Director, Village of Franklin Park, Village Hall, 9500 W. Belmont Avenue, Franklin Park, Illinois 60131, (847) 671-4800.
April Arellano, Village Clerk