HomeMy WebLinkAboutRESOLUTION - 19-98 - 5/26/1998 - CLASS 6B STATUS/800 W. ARTHUR AVERESOLUTION NO. 19-98
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 800 WEST ARTHUR AVENUE,
ELK GROVE VILLAGE. ILLINOIS (MISSNER DEVELOPMENT CORPORATION)
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, an application has been submitted for Class 6B property status
pursuant to said aforementioned ordinance, for certain real estate located at
800 West Arthur Avenue, in the Village of Elk Grove Village, Cook County,
Illinois, with the Property Index Number 08-34-301-029-0000, 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 President and Board of Trustees of
the Village of Elk Grove Village, Counties of Cook and DUPage, Illinois:
Section 1. That the request to have certain real estate located at 800
West Arthur Avenue, Elk Grove Village, Cook County, Illinois, legally
described as follows, and with the Property Index Number 08-34-301-029-0000,
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 2 in C.M.S. Resubdivision of Lot 282 (except the South
108.00 feet of the West 65.00 feet) in Centex Industrial Park
Unit 162 being a Subdivision in the Southwest 1/4 of Section
34, Township 41 North, Range 11, East of the Third Principal
Meridian, and Lot 1 in Resubdivision of Lot 388 in Centex
Industrial Park Unit 236 being a Subdivision in the South 1/2
of the Southwest 1/4 of Section 34 aforesaid, and the South
108.00 feet of the West 65.00 feet of Lot 282 in Centex
Industrial Park Unit 162 aforesaid, 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 08-34-301-029-0000.
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 26th day of May , 1998.
APPROVED this 26th day of May , 1998.
ATTEST:
Patricia S. Smith
Village Clerk
reso405e.doc
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Craig B. Johnson
Village President