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RESOLUTION NO. 26-03 <br />A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B <br />STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY <br />CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 2000 FOR CERTAIN <br />REAL ESTATE LOCATED AT 1800 TOUHY AVENUE, ELK GROVE VILLAGE, <br />ILLINOIS (Chem Plate Industries, Inc.) <br />WHEREAS, the Village of Elk Grove Village desires to promote the development of <br />industry in the Village of Elk Grove; and <br />WHEREAS, the Cook County Assessor is operating under an ordinance enacted <br />by the Cook County Board of Commissioners, and amended from time to time, the most <br />recent amendment becoming effective as of January 1, 2000, which has instituted a <br />program to encourage industrial and commercial development in Cook County known <br />as the Cook County Real Property Classification Ordinance; and <br />WHEREAS, in the case of abandoned property, if the municipality or the Mayor <br />and Board of Trustees, finds that special circumstances justify finding that the property <br />is "abandoned" for purpose of Class 6B, even though it has been vacant and unused <br />for less than 24 months, that finding, along with the specification of the circumstances, <br />shall be included in the resolution or ordinance supporting and consenting to the Class <br />68 application. Such resolution or ordinance shall be filed with the eligibility application. <br />If the ordinance or resolution is that of a municipality, the approval of the Board of <br />Commissioners of Cook County is required to validate such shortened period of <br />qualifying abandonment, and a resolution to that effect shall be included with the Class <br />6B eligibility application tiled with the Assessor. <br />WHEREAS, Chem Plate Industries, Inc. has applied for or is applying for Class 6B <br />property status pursuant to said aforementioned ordinance, for certain real estate <br />located at 1800 Touhy Avenue, in the Village of Elk Grove Village, Cook County, <br />Illinois, with the Property Index Number 08-26-303-027-0000 has proven to this Board <br />that such incentive provided for in said ordinance is necessary for development to occur <br />on this specific real estate. <br />