HomeMy WebLinkAboutRESOLUTION - 42-92 - 6/23/1992 - CLASS 6B STATUS/1100 CHASE AVERESOLUTION NO. 42-92
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 THE STANLEY COMPANY, A
PARTNERSHIP - 1100 CHASE AVENUE, ELK GROVE VILLAGE, IL
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, The Stanley Co., A Partnership has applied for or is applying
for Class 6B property status pursuant to said aforementioned ordinance, for
certain real estate located on the vacant east half of the existing Florida
Tile property, 1100 Chase Avenue, in the Village of Elk Grove Village, Cook
County, Illinois, with the Property Index Number 08-27-402-020-0000 and 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:
1. That the request of The Stanley Co., A Partnership, to have certain
real estate located on the vacant east half of the existing Florida Tile
property, 1100 Chase Avenue, Elk Grove Village, Cook County, Illinois,
legally described as follows, and with the Property Index Number
08-27-402-020-0000, 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 234 in Centex Industrial Park Unit 124, being a
Subdivision in Section 27, Township 41 North, Range 11,
East of the Third Principal Meridian in Cook County,
Illinois.
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
08-27-402-020-0000.
3. That the Village President and Village Clerk are hereby authorized
to sign any necessary documents to implement this Resolution.
4. That this resolution shall be in full force and effect from and
after its passage and approval according to law.
PASSED
this
23rd
day
of
June
, 1992.
APPROVED
this
23rd
day
of
June
, 1992.
ATTEST:
Patricia S. Smith
Village Clerk
- 2 -
Charles J. Zettek
Village President