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RESOLUTION NO. 11-04 <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 79 BOND STREET, ELK GROVE VILLAGE. ILLINOIS <br />WHEREAS, the Village of Elk Grove Village desires to promote the development <br />of 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 <br />most recent amendment becoming effective as of January 1, 2000, which has <br />instituted a program to encourage industrial and commercial development in Cook <br />County known as the Cook County Real Property Classification Ordinance; and <br />WHEREAS, the Petitioner has applied for or is applying for Class 6B property <br />status pursuant to said aforementioned ordinance, for certain real estate located at <br />79 Bond Street, in the Village of Elk Grove Village, Cook County, Illinois, with the <br />Property Index Numbers 08-22-301-006-0000 and 08-22-301-008-0000, has proven <br />to this Board that such incentive provided for in said ordinance is necessary for <br />development to occur on this specific real estate. <br />NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: <br />Section 1. That the request of the Petitioner to have certain real estate located <br />at 79 Bond Street Elk Grove Village, Cook County, Illinois, legally described as <br />follows, and with the Property Index Numbers 08-22-301-006-0000 and 08-22-301- <br />008-0000, declared eligible for Class 6B status pursuant to the Cook County Real <br />Property Classification Ordinance as amended January 1, 2000, is hereby granted in <br />that this Board and the Village of Elk Grove Village, Illinois, has determined that the <br />incentive provided by the said Class 6B Tax Incentive Ordinance is necessary for the <br />said development to occur on the subject property: <br />Lot 23 and the North 308.00 feet of Lot 24 in Higgins Road Commercial <br />Subdivision, Unit No. 1 a Subdivision in the West % of Section 22, Township <br />41 North, Range 11, East of the Third Principal Meridian, in Cook County, <br />Illinois <br />