A metes-and-bounds description of the TIF district boundary suitable for recording and ordinances.
Prepared and sealed by an Illinois Professional Land Surveyor for use in official TIF documents.
The description defines the exact area included in the tax increment financing district.
A companion boundary exhibit can accompany the description to illustrate the district area.
A metes-and-bounds description defines the redevelopment project area clearly so the included parcels and rights-of-way are unambiguous.
Descriptions are drafted to accompany TIF ordinances, redevelopment plans, and related documents municipalities rely on.
Each description is prepared under the responsible charge of an Illinois Professional Land Surveyor and carries a professional seal.
A written description can be paired with a boundary exhibit so the described area can be reviewed visually alongside the text.
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Find answers to commonly asked questions about ALTA/NSPS Land Title Surveys, providing clarity and information for property transactions.
Tax Increment Financing is an Illinois economic development tool that lets municipalities fund improvements in a designated redevelopment project area using future property tax increment. The area must be clearly described.
The redevelopment project area boundary must be defined precisely and defensibly. A licensed surveyor prepares a metes-and-bounds description that accurately delineates the area.
Yes. A written legal description is commonly accompanied by a sealed exhibit drawing so the described boundary can be reviewed graphically.
