HomeMy WebLinkAboutRESOLUTION - 9-01 - 2/13/2001 - CLASS 6B STATUS/1850 TOUHY AVE RESOLUTION NO. 4-01
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 1850
TOUHY AVENUE, ELK GROVE VILLAGE, ILLINOIS (ZARAGON HOLDINGS, 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, Zaragon Holdings, Inc. has applied for or is applying for
Class 6B property status pursuant to said aforementioned ordinance,
for certain real estate located at 1850 Touhy Avenue, in the Village
of Elk Grove Village, Cook County, Illinois, with the Property Index
Numbers 08-26-303-004, 08-26-303-005, 08-26-303-006, 08-26-303-007,
08-26-303-015, 08-26-303-016, 08-26-303-017, and 08-26-303-018, 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 Zaragon Holdings, Inc. to have
certain real estate located at 1850 Touhy Avenue, Elk Grove Village,
Cook County, Illinois, legally described as follows, and with the
Property Index Numbers 08-26-303-004, 08-26-303-005, 08-26-303-006,
08-26-303-007, 08-26-303-015, 08-26-303-016, 08-26-303-017, and 08-26-
303-018, 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:
Parcel 1:
Lots 89, 90, 91 and Lot 92 (except that part thereof described as
follows: beginning at the Southeast corner of said Lot 92; Thence
North along the East line of said Lot 92, 38 .0 feet; Thence
Southwesterly along a curve concave Northwesterly and having a
radius of 38 .0 feet to a point on the South line of said Lot 92,
38 .0 feet West of the Southeast corner of said Lot 92; Thence
East along said South line of Lot 92, 38 .0 feet to the Southeast
corner thereof and the place of beginning) , all in Centex
Industrial Park Unit 10, being a Subdivision in Section 26,
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 February
28, 1963 as document number 2079626.
Parcel 2:
Lots 152, 153, 154, and 155 in Centex Industrial Park Unit 12,
being a Subdivision in Section 26, Township 41 North, Range 11
East of the Third Principal Meridian, according to Plat thereof,
Registered in the Office of the Registrar of Titles of Cook
County, Illinois on April 29, 1963, as document number 2088355.
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 Numbers 08-26-303-004, 08-26-303-005, 08-
26-303-006, 08-26-303-007, 08-26-303-015, 08-26-303-016, 08-26-303-
017, and 08-26-303-018 .
Section 3 . That the Mayor and Village Clerk are hereby authorized
to sign any necessary documents to implement this Resolution.
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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 13th day of February 2001.
APPROVED this 13th day of February 2001.
Craig B. Johnson
Mayor
ATTEST:
Ann I. Walsh
Village Clerk
Res6bTax1850Touhy.doc
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