'Largely Successful': Clarendon Hills Ending Ogden Tax District

CLARENDON HILLS, IL – A special tax district on Ogden Avenue in Clarendon Hills has been "largely successful," according to the village. Now, officials want to end it.

In a memo this week, Village Manager Zach Creer said the tax increment financing district, or TIF, was responsible for attracting an Infiniti car dealership.

The district, which was established in 2005, has also been credited for the removal of the Mayflower Hotel, which was seen as problematic.

"Assembling projects beyond that initial success proved to be more difficult," Creer said in the memo.

Under state law, tax districts last 23 years. The Ogden district has three more.

Under state law, a tax district's growth in property tax income is diverted for use in the district itself, rather than taxing bodies such as schools.

If the Clarendon Hills district is terminated, its remaining $235,000 would be distributed to local taxing bodies, less any outstanding legal or accounting fees, Creer said.

The Village Board is expected to review the issue Monday.

In November, the board approved a tax district designed to spur development along 55th Street. This was after months of controversy.