HomeMy WebLinkAboutRESOLUTION - 30-22 - 6/21/2022 - Class 6B 1020 Bonaventure DriveRESOLUTION NO.30-22
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
AT 1020 BONAVENTURE DRIVE, ELK GROVE VILLAGE, ILLINOIS
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 1020 Bonaventure Drive,
in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-
31-400-042-0000, has proven to this Board that such incentive provided for in said
ordinance/resolution 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 at
1020 Bonaventure Drive, Elk Grove Village, Cook County, Illinois, and identified by Property
Index Number 08-31-400-042-0000, 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 6B Tax Incentive Ordinance is necessary for the said development to
occur on the subject property, legally described as follows:
LOT 2 IN JUST PANTS RESUBDIVISION OF LOT 2 IN ROHLWING GROVE
UNIT 4, BEING A SUBDIVISION OF PART OF THE SOUTH HALF OF SECTION 31,
TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL
MERIDIAN, ACCORDING TO THE PLAT THEREOF REGISTERED IN THE OFFICE
OF THE REGISTRAR OF TITLES OF COOK COUNTY, ILLINOIS ON DECEMBER 31,
1985 AS DOCUMENT LR3487187, ALL IN COOK COUNTY, ILLINOIS.
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 613 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 Number 08-31-
400-042-0000. 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 30,653
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: 5 NAYS: 0 ABSENT: 1
PASSED this 21' day of June 2022.
APPROVED this 21St day of June 2022.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy, Village Clerk