HomeMy WebLinkAboutRESOLUTION - 13-98 - 3/24/1998 - CLASS 6B STATUS/1595 OAKTON STRESOLUTION NO. 13-98
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS
6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY
CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 1995
FOR CERTAIN REAL ESTATE LOCATED AT 1595 OAKTON STREET,
FLK GROV Vr ..AGE, rLLrNOT (A M FrNTSHTNG COMPA�?vl
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, 1995,
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, Acme Finishing Company has applied for or is applying for Class
6B property status pursuant to said aforementioned ordinance, for certain
real estate located at 1595 Oakton Street, in the Village of Elk Grove
Village, Cook County, Illinois, with the Property Index Number 08-27-201-
003, 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 President and Board of Trustees of
the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
Section 1. That the request of Acme Finishing Company to have certain
real estate located at 1595 Oakton Street, Elk Grove Village, Cook County,
Illinois, legally described as follows, and with the Property Index Number
08-27-201-003, declared eligible for Class 6B status pursuant to the Cook
County Real Property Classification Ordinance as amended January 1, 1995, 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 160 in Higgins Industrial Park Unit 112, being
a Subdivision in the Northeast 1/4 of Section 27,
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 08-27-201-003.
Section 3. That the Village President and Village Clerk are hereby
authorized to sign any necessary documents to implement this Resolution.
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 24th day of March _ 1996.
APPROVED this 24th day of March , 1998.
ATTEST:
Patricia S. Smith
Village Clerk
2
Craig B. Johnson
Village President