HomeMy WebLinkAboutRESOLUTION - 40-03 - 6/17/2003 - CLASS 6B STATUS/1401 HIGGINS RDRESOLUTION NO. 40-03
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B
STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION
ORDINANCE AS AMENDED JANUARY 1, 2000 FOR CERTAIN REAL ESTATE
LOCATED AT 1401 HIGGINS ROAD (221 LIVELY BLVD. BUILDING VENTURE)
WHEREAS, the Village of Elk Grove Village desires to promote the development
of industry in the Village of Elk Grove, and
WHEREAS, the Cook County Assessor is operating under an ordinance enacted
by the Cook County Board of Commissioners, and amended from time to time, the
most recent amendment becoming effective as of January 1, 2000, which has
instituted a program to encourage industrial and commercial development in Cook
County known as the Cook County Real Property Classification Ordinance; and
WHEREAS, 221 Lively Blvd. Building Venture has applied for or is applying for
Class 6B property status pursuant to said aforementioned ordinance, for certain real
estate located at 1401 Higgins Road, in the Village of Elk Grove Village, Cook
County, Illinois, with the Property Index Number 08-22-402-089-1003 has proven to
this Board that such incentive provided for in said ordinance is necessary for
development to occur on this specific real estate.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of
the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
Section 1. That the request of 221 Lively Blvd. Building Venture to have certain
real estate located at 1401 Higgins Road, Elk Grove Village, Cook County, Illinois,
legally described as follows, and with the Property Index Number 08-22-402-089-
1003, declared eligible for Class 6B status pursuant to the Cook County Real
Property Classification Ordinance as amended January 1, 2000, is hereby granted in
that this Board and the Village of Elk Grove Village, Illinois, has determined that the
incentive provided by the said Class 6B Tax Incentive Ordinance is necessary for the
said development to occur on the subject property:
LOT 45 IN HIGGINS INDUSTRIAL PARK UNIT 27, BEING A SUBDIVISION IN THE
WEST % OF THE SOUTHEAST X OF SECTION 22, TOWNSHIP 41 NORTH,
RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, WHICH SURVEY IS
ATTACHED A EXHIBIT "C" TO THE DECLARTION OF CONDOMINIUM
OWNERSHIP RECORDED AS DOCUMENT NUMBER 85050428, TOGETHER
WITH THEIR UNDIVIDED PERCENTAGE INTEREST IN THE COMMON
ELEMENTS IN COOK COUNTY, ILLINOIS.
Section 2. That the Village of Elk Grove Village, Illinois hereby supports and
consents to the Class 6B Application and approves the classification of the subject
property as Class 6B property pursuant to the Cook County Real Property
Classification Ordinance and the Class 6B tax incentives shall apply to the property
identified as Permanent Real Estate Index Number 08-22-402-089-1003.
Section 3. That the Mayor and Village Clerk are hereby authorized to sign any
necessary documents to implement this Resolution.
Section 4. That this Resolution shall be in full force and effect from and after its
passage and approval according to law.
VOTE: AYES: 6 NAYS: 0 ABSENT. 0
PASSED this 17'h day of June 2003
APPROVED this 17m day of June 2003
APPROVED:
Craig B. Johnson, Mayor
ATTEST.
Ann 1. Walsh
Village Clerk
Res6b r&x1401Higgins.doc