HomeMy WebLinkAboutRESOLUTION - 76-95 - 12/12/1995 - CLASS 6B STATUS/W OF LIVELY/N OF CHASE RESOLUTION NO. 76-95
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 LOCATED AT LOT 4, WEST SIDE OF LIVELY
BOULEVARD NORTH OF CHASE 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, an application has been submitted for Class 6B property status
pursuant to said aforementioned ordinance, for certain real estate located
at Lot 4, west side of Lively Boulevard immediately north of Chase Avenue,
in the Village of Elk Grove Village, Cook County, Illinois , with the
Property Index Number 08-27-303-025-000. 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
Lot 4, west side of Lively Boulevard immediately north of Chase Avenue, Elk
Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-27-303-025-000, 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 4 in Centerpoint-Chase Subdivision, being a
resubdivision of Lot 220 in Centex Industrial Park
Unit 117, a subdivision of part of the Southwest
Quarter 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 08-27-303-025-000.
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 12th day of December , 1995.
APPROVED this 12th day of December , 1995.
Dennis J. Gallitano
Village President
ATTEST:
Patricia S. Smith
Village Clerk
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