HomeMy WebLinkAboutRESOLUTION - 38-95 - 6/27/1995 - CLASS 6B STATUS/2400 E. LUNT AVERESOLUTION NO. 38-95
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 OWNED BY CIRCUIT SYSTEMS
2400 EAST LUNT 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, 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, Circuit Systems has applied for or is applying for Class 6B
property status pursuant to said aforementioned ordinance, for certain real
estate located at 2400 East Lunt Avenue, in the Village of Elk Grove
Village, Cook County, Illinois, with the Property Index Numbers
08-35-202-042 and 08-35-202-041 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 Circuit Systems, to have certain real
estate located at 2400 East Lunt Avenue, Elk Grove Village, Cook County,
Illinois, legally described as follows, and with the Property Index Numbers
08-35-202-042 and 08-35-202-041 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:
Centex Industrial Park, Unit 5, a Sub in Section 35-41-11
recorded September 28, 1960 Torrens Document 1944839
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 08-35-202-042 and 08-35-202-041.
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 appr=oval according to law.
VOTE:
AYES:
5 NAYS: 0
ABSENT: 1
PASSED
this
27th day of
June 1995.
APPROVED
this
27th day of
June 1995.
ATTEST:
Patricia S. Smith
Village Clerk
- 2 -
Ronald L. Chernick
Village President Pro tem