HomeMy WebLinkAboutRESOLUTION - 46-95 - 8/8/1995 - CLASS 6B STATUS/LOT 159RESOLUTION NO. 46-95
A RESOLUTION RESCINDING RESOLUTION NO. 23-95 AND
ADOPTING 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 METAL IMPACT CORPORATION
LOT #159 SOUTHEAST CORNER OF OAKTON STREET & HIGGINS ROAD,
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, Metal Impact Corporation has applied for or is applying for
Class 6B property status pursuant to said aforementioned ordinance, for
certain real estate located at Lot #159 Southeast Corner of Oakton Street
and Higgins Road, in the Village of Elk Grove Village, Cook County,
Illinois, with the Property Index Number 08-27-201-002-0000, 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 Resolution No. 23-95 adopted on April 11, 1995
approving a Class 6B status for real estate located at Lot #159 Southeast
corner of Oakton Street and Higgins Road indicating ownership as George
Gullo Development Corporation, is hereby rescinded.
Section 2. That the request of Metal Impact corporation, to have
certain real estate located at Lot #159 Southeast Corner of Oakton Street
and Higgins Road, Elk Grove Village, Cook County, Illinois, legally
described as follows, and with the Property Index Number
08-27-201-002-0000, 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 159 in Higgins Industrial Park Unit 112, being a
Subdivision in the Northeast Quarter of Section 27,
Township 41 North, Range 11 East of the Third
Principal Meridian, in Cook County, Illinois.
Section 3. 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 08-27-201-002-0000.
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 8th day of August , 1995.
APPROVED this 8th day of August , 1995.
ATTEST:
Patricia S. Smith
Village Clerk
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Dennis J. Gallitano
Village President