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RESOLUTION NO. 19-98 <br />A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS <br />6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY <br />CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 1995 <br />FOR CERTAIN REAL ESTATE LOCATED AT 800 WEST ARTHUR AVENUE, <br />ELK GROVE VILLAGE. ILLINOIS (MISSNER DEVELOPMENT CORPORATION) <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 time to <br />time, the most recent amendment becoming effective as of January 1, 1995, <br />which has instituted a program to encourage industrial and commercial <br />development in Cook County known as the Cook County Real Property <br />Classification Ordinance; and <br />WHEREAS, an application has been submitted for Class 6B property status <br />pursuant to said aforementioned ordinance, for certain real estate located at <br />800 West Arthur Avenue, in the Village of Elk Grove Village, Cook County, <br />Illinois, with the Property Index Number 08-34-301-029-0000, has proven to <br />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 President and Board of Trustees of <br />the Village of Elk Grove Village, Counties of Cook and DUPage, Illinois: <br />Section 1. That the request to have certain real estate located at 800 <br />West Arthur Avenue, Elk Grove Village, Cook County, Illinois, legally <br />described as follows, and with the Property Index Number 08-34-301-029-0000, <br />declared eligible for Class 6B status pursuant to the Cook County Real <br />Property Classification Ordinance as amended January 1, 1995, is hereby <br />granted in that this Board and the Village of Elk Grove Village, Illinois, has <br />determined that the incentive provided by the said Class 6B Tax Incentive <br />Ordinance is necessary for the said development to occur on the subject <br />property: <br />