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RESOLUTION NO. 23-95 <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 FOR <br />CERTAIN REAL ESTATE OWNED BY GEORGE GULLO DEVELOPMENT <br />CORPORATION, LOT #159 SOUTHEAST CORNER OF OAKTON STREET <br />& HIGGINS ROAD, ELK GROVE VILLAGE, ILLINOIS. <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, George Gullo Development Corporation has applied for or is <br />applying for Class 6B property status pursuant to said aforementioned <br />ordinance, for certain real estate located at Lot #159 Southeast Corner of <br />Oakton Street and Higgins Road, in the Village of Elk Grove Village, Cook <br />County, Illinois, with the Property Index Number 08-27-201-002-0000, has <br />proven to this Board that such incentive provided for in said ordinance is <br />necessary for development to occur on this specific real estate. <br />NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees <br />of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: <br />Section 1. That the request of George Gullo Development Corporation, <br />to have certain real estate located at Lot #159 Southeast Corner of Oakton <br />Street and Higgins Road, Elk Grove Village, Cook County, Illinois, legally <br />described as follows, and with the Property Index Number 08-27-201-002-0000, <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, <br />