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Village of Rockton, Illinois Blackhawk Boulevard and Main Street Business District

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Village of Rockton, Illinois Blackhawk Boulevard and Main Street Business District Village of Rockton, Illinois Blackhawk Boulevard and Main Street Business District Business District Plan September 2015 Prepared by Village of Rockton, Illinois Blackhawk Boulevard and Main Street Business District Business District Plan Table of Contents I. Introduction ..................................................................................................... 1 A. The Village of Rockton ............................................................................ 2 B. Blackhawk Boulevard and Main Street Business District ........................ 4 II. Business District Act ....................................................................................... 6 A. Statutory Basis for a Business District .................................................... 6 B. Municipal Powers Under the Business District Act .................................. 7 III. Business District Eligibility Analysis .............................................................. 10 A. Qualifications for a Business District ..................................................... 10 B. Business District Boundaries ................................................................. 10 C. Eligibility Analysis Methodology ............................................................ 11 D. Business District Eligibility Findings ...................................................... 11 E. Summary Business District Eligibility Findings ...................................... 16 IV. Business District Development Plan .............................................................. 18 A. Objectives and Policies ......................................................................... 18 B. Business District Boundaries and Map .................................................. 19 C. Project Description ................................................................................ 19 D. Business District Name ......................................................................... 20 E. Business District Project Costs ............................................................. 20 F. Anticipated Sources of Funds to Pay Business District Project Costs ... 22 G. Anticipated Type and Source of Any Obligations to be Issued .............. 22 H. The Rate and Period of Business District Taxes to be Imposed ........... 23 V. Comparison of Business District Plan to Comprehensive Plan ...................... 24 VI. Establishment and Term of the Business District ........................................... 27 VII. Formal Findings ............................................................................................. 28 VIII. Provisions for Amending the Business District ............................................... 29 Village of Rockton, Illinois Page i Blackhawk Boulevard and Main Street Business District September 2015 Business District Plan Exhibits Exhibit A: Business District Map.................................................................... 31 Exhibit B: Business District Legal Description ............................................... 32 Exhibit C: Business District Parcel List .......................................................... 36 Exhibit D: Business District Address List ....................................................... 37 Exhibit E: Survey of Parcels by Block ........................................................... 38 Exhibit F: Representative Photographs of Conditions in the Business District ........................................................................................... 40 Exhibit G: FEMA Flood Maps and Engineer’s Certification of Flooding......... 48 Exhibit H: Future Land Use Map ................................................................... 49 List of Tables Table 1: EAV History of Business District..................................................... 16 Table 2: Estimated Business District Project Costs ..................................... 21 Village of Rockton, Illinois Page ii Blackhawk Boulevard and Main Street Business District September 2015 Business District Plan I. Introduction Municipalities are authorized to create Business Districts by the Illinois Municipal Code, specifically in 65 ILCS 5/11-74.3 et seq., as amended (the “Business District Act” or the “Act”). This document, entitled Village of Rockton, Blackhawk Boulevard and Main Street Business District, Business District Plan (the “Business District Plan”), is to serve as a Business District Plan for the property that is in the vicinity of Blackhawk Boulevard from State Highway 2 on the north and east sides to the Rock River on the south side, and along Main Street from State Highway 2 on the east side to Cottage Street on the west side in Rockton, Illinois. The Village has determined that this area would benefit from designation as a Business District, as specifically provided for in the Business District Act. This area is subsequently referred to in this Business District Plan as the “Blackhawk Boulevard and Main Street Business District” or the “Business District.” Ehlers & Associates, Inc. (“Ehlers”) was retained to assist the Village in assessing the qualifications of the Blackhawk Boulevard and Main Street Business District for Business District designation under the Business District Act and in preparing this Business District Plan. In accordance with the Business District Act, this Business District Plan includes the following: A specific description of the Business District boundaries and a map illustrating the boundaries. A general description of each project proposed to be undertaken within the Business District, including a description of the approximate location of each project and a description of any developer, user, or tenant of any property to be located or improved within the proposed business district. The name of the proposed Business District. The estimated Business District Project Costs. The anticipated sources of funds to pay Business District Project Costs. The anticipated type and term of any obligations to be issued. The rate of any tax to be imposed pursuant to the Business District Act and the period of time for which the tax shall be imposed. The Blackhawk Boulevard and Main Street Business District boundaries are generally described in Sections III and IV, depicted in maps in Exhibit A (including one version with property identification numbers (“PINs”) and one with block numbers), and specifically described in Exhibit B, all of which are contained in this Business District Plan. All exhibits to this Business District Plan are incorporated herein by this reference thereto. Village of Rockton, Illinois Page 1 Blackhawk Boulevard and Main Street Business District September 2015 Business District Plan A. The Village of Rockton Development of the Village of Rockton started with Stephen Mack, Jr., a fur trader and the area’s first permanent settler. In 1835, Mack settled along the confluence of the Pecatonica and Rock Rivers and named the area Pekatonic. Entrepreneur William Talcott built a mill race on the rivers in 1838 to harness the waterpower need to drive rapid industrial growth. In 1844, Talcott filed the town plat and changed its name to Rockton. Downtown Rockton, within the Business District, is one of Northern Illinois’ earliest settlements. The Village of Rockton (5.5 square miles) is located in far northern Illinois in Winnebago County near the Wisconsin border, approximately 15 miles north of Rockford and 5 miles south of Beloit, Wisconsin. The Village is about 100 miles northwest of Chicago and 60 miles southeast of Madison. The community is served by U.S. 251 and State Highway 2 and on the east side of the Village and State Highway 75 running through downtown. Rockton also has close proximity to I-90. Charter flights are available at the Greater Rockford International Airport. Larger air carrier and passenger facilities are located approximately one hour away at Chicago O’Hare and Madison’s Dane County Regional Airports. Canadian Pacific Rail Company (Iowa, Chicago & Eastern Railroad) operates freight rail service through Rockton, south to Rockford and north to Janesville, Wisconsin. According to the 2010 U.S. Census, the Village’s population is 7,685 persons. (The 2013 estimate, the most recent data available, is 7,613). For the years 2009-2013, the Village was comprised of 2,694 households, with a median household income of $76,437. The Village is served by one elementary school district, Rockton School District #140, and one high school district, Hononegah Community High School District #207. Several colleges, technical schools and universities are located a short distance from Rockton, including Rockford College, Beloit College, Rock Valley Community College, Northern Illinois University, and Blackhawk Technical School. Library services are provided by the Talcott Free Public Library District. The Village operates and maintains: several small neighborhood parks, the 2.2 acre Village Park near the center of the community, a boat launch on the Rock River, and the 16+ acre woodlands park on the Village’s south side. The Winnebago County Forest Preserve District operates three forest preserves in the Rockton area, including the Macktown Forest Preserve, which is home to the historic Stephen Mack residence. The Rockton area is served by three hospitals in Rockford, a newer facility in neighboring Roscoe, as well as one in Beloit, Wisconsin. Fire protection and emergency medical services are provided by Rockton Fire Protection District. Village of Rockton, Illinois Page 2 Blackhawk Boulevard
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