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RESOLUTION NO. 3-08 <br />A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS <br />PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION <br />ORDINANCE AS AMENDED FEBRUARY 15, 2006 FOR CERTAIN REAL ESTATE <br />LOCATED AT 1400 CHASE AVENUE, ELK GROVE VILLAGE, ILLINOIS <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 by the <br />Cook County Board of Commissioners, and amended from time to time, the most recent <br />amendment becoming effective as of February 15, 2006, which has instituted a program to <br />encourage industrial and commercial development in Cook County known as the Cook County <br />Real Property Classification Ordinance; and <br />WHEREAS, the Petitioner has applied for or is applying for Class 6B property status <br />pursuant to said aforementioned ordinance, for certain real estate located at 1400 Chase <br />Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index <br />Number 08-27-402-057-0000, has proven to this Board that such incentive provided for in said <br />ordinance is necessary for development to occur on this specific real estate. <br />NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the <br />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 at <br />1400 Chase Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, <br />and with the Property Index Number 08-27-402-057-0000, declared eligible for Class 613 <br />status pursuant to the Cook County Real Property Classification Ordinance as amended <br />February 15, 2006, is hereby granted in that this Board and the Village of Elk Grove Village, <br />Illinois, has 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 property: <br />LOT 1 IN GULLO CHASE AVENUE INDUSTRIAL PARK, BEING A <br />RESUBDIVISION OF LOT 2 IN FRISBY RESUBDIVISION OF LOT 318 IN <br />CENTEX INDUSTRIAL PARK UNIT NO. 194, BEING A SUBDIVISION IN THE <br />SOUTHEAST'/4 OF SECTION 27, TOWNSHIP 41 NORTH, RANGE 11, EAST OF <br />THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. <br />