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Home My WebLink AboutRESOLUTION - 30-02 - 6/18/2002 - CLASS 6B STATUS/1111 CHASE AVERESOLUTION NO. 30-02 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 1111 CHASE AVENUE. ELK GROVE VILLAGE, IL•L•INOIS (ALL TILE. INC.) 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, in the case of abandoned property, if the municipality or the Mayor and Board of Trustees, finds that special circumstances justify finding that the property is "abandoned" for purpose of Class 6B, even though it has been vacant and unused for less than 24 months, that finding, along with the specification of the circumstances, shall be included in the resolution or ordinance supporting and consenting to the Class 6B application. Such resolution or ordinance shall be filed with the eligibility application. If the ordinance or resolution is that of a municipality, the approval of the Board of Commissioners of Cook County is required to validate such shortened period of qualifying abandonment, and a resolution to that effect shall be included with the Class 6B eligibility application filed with the Assessor. WHEREAS, All Tile, Inc. has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance, for certain real estate located at 1111 Chase Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-27- 303-017 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 All Tile, Inc. to have certain real estate located at 1111 Chase Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-27-303-017 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 124 in Centex Industrial Park Unit 90, being a Subdivision in Sections 27, Township 41 North, Range 11, East of the Third Principal Meridian, in Cook County, Illinois. Section 2. That the Special Circumstances as outlined by the petitioner are attached hereto as Exhibit "A" and made a part thereof. Section 3. 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 08-27-303-017. Section 4. That the Mayor and Village Clerk are hereby authorized to sign any necessary documents to implement this Resolution. 2 Section S. 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 18`" day of June 2002. APPROVED this 18°h day of June 2002. ATTEST: Ann I. Walsh Village Clerk Res6bTa 1111ChaseSpecial.doc 3 Craig B. Johnson, Mayor "EXHIBIT A" • Designed specifically for a steel processing facility • Completely vacant for 20 months - September 2000 ((Owner's Affidavit Attached) • No Loading Docks or required warehouse amenities • Limited interest due to lack of functionality - (Real Estate Broker Letter Attached) • All Tile, Inc. is only interested due to the proximity with their existing location • Inadequate sprinkler system 4 "EXHIBIT A" STATE OF ILLINOIS ) ) SS COUNTY OF COOK ) AFFIDAVIT I Q,CNA<D A. hw�So being first duly sworn on oath, depose and state that I am a Corporate Officer of Olympic Steel, Inc, the owner of the land and building located at 1111 Chase Avenue, Elk Grove Village v and more properly identified for real estate tax purposes as, Permanent Index Number 08-27-303-017, and that I have knowledge of the following facts: 1. Olympic Steel, Inc, is the current owner of the industrial building located at 1111 Chase Avenue, Elk Grove Village, IL. 2. Olympic Steel ceased operations at the aforementioned facility in September, 2000. At which time our personnel and operating equipment were moved to our plant in Schaumburg and 1111 Chase was listed for sale. 3. The Chase building has not been in operation since September, 2000 but some old equipment and excess inventory was stored at 1111 Chase until it could be moved to other company locations. 4. An employee remains on site for security purposes. Further, Affiant sayeth not. Q4 AF iIANT Subscribed and sworn to before me, day ou 1 I, DLAMLOEBS NOVEMBER 1 1. NOTARY PUBLIC 05-10-02 13:25 FROM -COLLIER BENNET 18478286000 T-374 P.02/03 F-228 "EXHIBIT A" May 9, 2002 Ms. Nancy Carlson Economic Development Office The Village of Elk Grove Village 901 Wellington Elk Grove Village, IL 60007 RE- Class 6B Tax Incentive Application 1111 Chase, Elk Grove Village, Illinois Dear Nancy: 9700W. Bryn Mawr Rosemonc.115nois 60018 Tel 847-671-7111 Fart 847-9284000 w ..collicnbk.wm This letter is written in support of granting the applicant, Rado LLC (All Tile, Inc.), Class 6B real estate tax status for 1111 Chase Avenue. All Tile, Inc. moved to Elk Grove Village in 1988 when I sold them their current 71,000 sq. ft, building located at 1201 Chase Avenue. They have remained a very valued client of mine and through the course of assisting them with their current expansion requirements, we have analyzed the different alternatives to accommodate their increased space needs. Their two largest competitors have already moved out of Elk Grove Village to lower tax counties. I have done everything 1 can to keep them from relocating out of Elk Grove Village and need your support. As the current listing broker for the property next door to them located at 1111 Chase, I have demonstrated to All Tile the advantages of buying this building and significantly retrofining the building to accommodate their warehouse needs. The building was formerly occupied by Olympic Steel. This building is specifically designed for the warehousing of steel. Thus, the building cannot be utilized by general purpose warehousers because it has no truck docks, a poor sprinkler system and crane rails that inhibit the warehouse usage. The current condition of this functionally obsolete building is the reason the property has been on the market for sale for over 20 months. The first broker originally listed the property September 1, 2000. I then took over the listing September 1, 2001. Therefore, the building has been on the market for over 20 months. Due to the building's lack of functionality, it has received very little attention from prospective buyers. Besides All Tile, the other interested buyers have been developers that were possibly interested in "stealing" the building and redeveloping it on speculation for warehouse usage. All Tile's acquisition and redevelopment of this building for the sole purpose of expanding their operation in Elk Grove Village demonstrates the proper and intended usage of the 6B class incentive program. I respectively request the Village of Elk Grove to grant the 6B classification to the applicant. coilien Beanaa & Knhnwcller i.e. 'AV' Individual Membenhipe Society o/ Industrial and orllee 8eahon 05-10-02 13:25 FROW1-COLLIER BENNET 18478286000 T-374 P.03/03 F-228 Ms. Nancy Carlson May 9, 2002 Page 2 Thank you for your attention to this matter. Most sincerely, COLLIERS BENNETT & KAHNWEILER INC. Ronald I Behm, SIOR Senior Vice President /mak W. Don Rado — All Tile, Inc. — Via Fax 847-364-9207 Len Motisi — Amari & Locallo — Via Fax 312-255-8551 Robert Welsh — Amari & Locallo — Via e-mail rew@amari-locallo.com