HomeMy WebLinkAboutRESOLUTION - 40-01 - 10/9/2001 - CLASS 6B STATUS/700 TOUHYRESOLUTION NO. 40-01
A RESOLUTION RESCINDING RESOLUTION NO. 18-01 ADOPTED APRIL 10, 2001
THEREBY 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 700 TOUHY AVENUE,
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
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, certain owners have applied for or are applying for Class
6B property status pursuant to said aforementioned ordinance, for
certain real estate located at 700 Touhy Avenue, in the Village of Elk
Grove Village, Cook County, Illinois, with the Property Index Number
08-27-303-076-0000, 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 said owners to have the real estate
located at 700 Touhy Avenue, Elk Grove Village, Cook County, Illinois,
legally described as follows, and with the Property Index Number 08-
27-303-076-0000, 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 1 in Virginia Resubdivision, being a resubdivision
of Lot 402 in Centex Industrial Park Unit 249, being a
subdivision in the Southwest Quarter of Section 27 and
the Northwest Quarter of Section 34, all in Township 41
North, Range 11, East of the Third Principal Meridian,
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 08-27-303-076-0000.
Section 3. That the Mayor and Village Clerk are hereby authorized
to sign any necessary documents to implement this Resolution.
Section 9. That this Resolution shall be in full force and effect
from and after its passage and approval according to law.
VOTE: AYES: 6 NAYS:
PASSED this 9th day of
0 ABSENT: 0
October 2001.
APPROVED this 9th day of October , 2001.
ATTEST:
Ann I. Walsh
Ann I. Walsh, Village Clerk
Res6bTax700Touhy2.doc
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Craig B. Johnson
Craig B. Johnson, Mayor