HomeMy WebLinkAboutRESOLUTION - 18-94 - 4/12/1994 - CLASS 6B STATUS/1313 LUNT AVERESOLUTION NO. 18-94
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS
6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY
CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 1990 FOR
CERTAIN REAL ESTATE OWNED BY SBCO PROPERTIES, L.L.C.,
1313 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, 1990,
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, SBCO Properties, L.L.C. has applied for or is applying for
Class 6B property status pursuant to said aforementioned ordinance, for
certain real estate located at 1313 Lunt Avenue, in the Village of Elk
Grove Village, Cook County, Illinois, with the Property Index Number
08-34-204-010 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 SBCO Properties, L.L.C., to have
certain real estate located at 1313 Lunt Avenue, Elk Grove Village, Cook
County, Illinois, legally described as follows, and with the Property Index
Number 08-34-204-010 declared eligible for Class 6B status pursuant to the
Cook County Real Property Classification Ordinance as amended January 1,
1990, 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 94 in Centex Industrial Park Unit Number 53,
being a Subdivision in Section 34, 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 08-34-204-010.
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.
PASSED
this
12th
day
of
April ,
1994,
APPROVED
this
12th
day
of
April ,
1994.
ATTEST:
Patricia S. Smith
Village Clerk—
- 2 -
Dennis S. Gallitano
Village President