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RESOLUTION NO. 26-00 <br />A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS <br />PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE <br />AS AMENDED JANUARY 1, 2000 FOR CERTAIN REAL ESTATE LOCATED AT 70 <br />KING STREET, ELK GROVE VILLAGE, ILLINOIS (ABM INTERNATIONAL, INC.) <br />WHEREAS, the Village of Elk Grove Village desires to promote the <br />development of industry in the Village of Elk Grove; and <br />WHEREAS, the Cook County Assessor is operating under an ordinance <br />enacted by the Cook County Board of Commissioners, and amended from <br />time to time, the most recent amendment becoming effective as of <br />January 1, 2000, which has instituted a program to encourage <br />industrial and commercial development in Cook County known as the <br />Cook County Real Property Classification Ordinance; and <br />WHEREAS, ABM International, Inc. has applied for or is applying <br />for Class 6B property status pursuant to said aforementioned <br />ordinance, for certain real estate located at 70 King Street, in the <br />Village of Elk Grove Village, Cook County, Illinois, with the <br />Property Index Numbers 08-22-300-039-0000 and 08-22-300-052-0000, has <br />proven to this Board that such incentive provided for in said <br />ordinance is necessary for development to occur on this specific real <br />estate. <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of <br />Trustees of the Village of Elk Grove Village, Counties of Cook and <br />DuPage, Illinois: <br />Section 1. That the request of ABM International, Inc. to have <br />certain real estate located at 70 King Street, Elk Grove Village, <br />Cook County, Illinois, legally described as follows, and with the <br />Property Index Numbers 08-22-300-039-0000 and 08-22-300-052-0000, <br />declared eligible for Class 6B status pursuant to the Cook County <br />Real Property Classification Ordinance as amended January 1, 2000, is <br />hereby granted in that this Board and the Village of Elk Grove <br />Village, Illinois, has determined that the incentive provided by the <br />said Class 6B Tax Incentive Ordinance is necessary for the said <br />development to occur on the subject property: <br />A Higgins Road Resubdivision Units #5 and #17, a Subdivision in <br />the west ;i Section 22, Township 41 North, Range 11, East of the <br />Third Principal Meridian in Cook County, Illinois. <br />