HomeMy WebLinkAboutRESOLUTION - 38-98 - 8/25/1998 - CLASS 6B STATUS/1280 LANDMEIER RDRESOLUTION NO. 38-98
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 1280 LANDMEIER ROAD, ELK GROVE VILLAGE, ILLINOIS
(GUT -LO INTERNATIONAL 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 1280 Landmeier Road, in the Village of Elk Grove
Village, Cook County, Illinois, with the Property Index Number 08-27-
400-094-0000. It has been 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 1280 Landmeier Road, Elk Grove Village, Cook County, Illinois,
legally described as follows, and with the Property Index Number 08-
27-400-094-0000, 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 9 in Gullo International Contemporary Park, being
a Resubdivision of Lot 230 in Higgins Industrial Park
Unit 165, being a subdivision in the Southeast
Quarter of Section 27, Township 41 North, Range 11,
East of the Third Principal Meridian, (excepting
therefrom the North 220.0 feet of the East 420.0 feet
thereof), 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 08-27-400-094-0000.
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
25th
day of
August
1998.
APPROVED
this
25th
day of
August
1998.
ATTEST:
Patricia S. Smith
Village Clerk
Craig B. Johnson
Village President
reso332a.doc