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HomeMy WebLinkAboutRESOLUTION - 63-21 - 11/16/2021 - Northwest Point Class 6B, 08-21-202-023, 024, 84RESOLUTION NO.63-21 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED JULY 27, 2018 FOR CERTAIN REAL ESTATE LOCATED IN ELK GROVE VILLAGE, ILLINOIS 08-21-202-023-0000, 08-21-202-024-0000 AND 08-21-202-084-0000 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 July 27, 2018, 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, the Petitioner has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance for certain real estate located in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-21-202-023-0000, 08-21-202-024-0000 and 08-21-202-084-0000, 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 the Petitioner to have certain real estate located in Elk Grove Village, Cook County, Illinois, and identified by Property Index Numbers 08-21-202-023- 0000, 08-21-202-024-0000 and 08-21-202-084-0000, declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance as amended July 27, 2018, 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 613 Tax Incentive Ordinance is necessary for the said development to occur on the subject property, legally described as follows: LOT 9 IN THE PARK AT NORTHWEST POINT, BEING A SUBDIVISION OF PARTS OF SECTIONS 15, 16, 21 AND 22 ALL IN TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS EXCEPT THAT PART OF LOT 9 DESCRIBED AS FOLLOWS: THAT PART OF LOT 9 IN THE PARK AT NORTHWEST POINT, A RESUBDIVISION OF PART OF LOT 3 IN THE DIVISION OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 21, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF LOT 9 AFORESAID; THENCE NORTH ALONG THE EAST LINE THEREOF 200 FEET; THENCE WEST PARALLEL WITH THE SOUTH LINE 20.0 FEET TO THE POINT OF BEGINNING, IN COOK COUNTY, ILLINOIS TOGETHER WITH: THAT PART OF LOT 9 IN THE PARK AT NORTHWEST POINT, A RESUBDIVISION OF PART OF LOT 3 IN THE DIVISION OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 21, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF LOT 9 AFORESAID; THENCE WEST ALONG THE SOUTH LINE 20.0 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE WEST ALONG SAID SOUTH LINE THEREOF 80.0 FEET; THENCE NORTH PARALLEL WITH THE EAST LINE THEREOF 10.0 FEET; THENCE EAST PARALLEL WITH THE SOUTH LINE THEREOF 60.0 FEET; THENCE SOUTH 10.0 FEET TO THE POINT OF BEGINNING, ALL IN COOK COUNTY, ILLINOIS. 08-21-202-084-0000 LOT 17 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 14, A RESUBDIVISION OF PART OF LOT I IN SCHARRINGHAUSSEN'S SUBDIVISION OF THE NORTH 50 ACRES OF THE SOUTH 1/2 OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN IN COOK COUNTY, ILLINOIS. 08-21-202-024-0000 LOT 18 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 14, BEING A RESUBDIVISION OF PART OF LOT 1 IN SCHARRINGHAUSSEN'S SUBDIVISION OF THE NORTH 50 ACRES OF THE SOUTH 1/2 OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN IN COOK COUNTY, ILLINOIS. 08-21-202-023-0000 Section 2: That the Village of Elk Grove Village, Illinois hereby supports and consents to the Class 613 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 613 tax incentives shall apply to the property identified as Permanent Real Estate Index Numbers 08- 21-202-023-0000, 08-21-202-024-0000 and 08-21-202-084-0000. Elk Grove Village is in receipt of an economic disclosure statement that is included with the application packet. Section 3: That the Mayor and Village Clerk are hereby authorized to sign any necessary documents to implement this Resolution including the Elk Grove Village Class 6b Property Tax Incentive Terms and Agreement subject to the petitioner completing new construction of a 147,066 square foot industrial building, in substantial conformance with the Applicant completing the improvements stated in their application. 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 1611 day of November 2021. APPROVED this 1611 day of November 2021. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphy, Village Clerk