HomeMy WebLinkAboutRESOLUTION - 42-95 - 7/11/1995 - CLASS 6B STATUS/353/355 CROSSEN AVERESOLUTION NO. 42-95
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 TO
BE PURCHASED BY GULLO INTERNATIONAL DEVELOPMENT CORPORATION,
353-355 CROSSEN 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, Gullo International Development Corporation has applied for or
is applying for Class 6B property status pursuant to said aforementioned
ordinance, for certain real estate located at 353-355 Crossen Avenue, in
the Village of Elk Grove Village, Cook County, Illinois, with the Property
Index Number 08-27-200-046-000, 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 Gullo International Development
Corporation, to have certain real estate located at 353-355 Crossen Avenue,
Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-27-200-046-000, 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 218 in Higgins Industrial Park Unit 153, being a
subdivision of Lot 201 in Higgins Industrial Park Unit
Number 142, being a subdivision in the North East 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 08-27-200-046-000.
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 11th day of July , 1995.
APPROVED this 11th day of July , 1995.
ATTEST:
Patricia S. Smith
Village Clerk
By: Ann I. Walsh
Deputy Village Clerk
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Dennis J. Gallitano
Village President