Section 26.34
Within 90 days of May 20, 1997, the village treasurer shall prepare the initial base year assessment roll. The base year assessment roll shall list each taxing jurisdiction in which the downtown development authority district is located, the initial assessed value of the development district on May 20, 1997, and the amount of tax revenue derived by each taxing jurisdiction from ad valorem taxes on the property in the development district. The village treasurer shall transmit copies of the base year assessment roll to the county treasurer, the downtown development authority and each taxing jurisdiction, together with a notice that the assessment roll has been prepared in accordance with this article and the development plan and tax increment financing plan approved by this article. (Ord. No. 118, § 4, 5-20-1997)