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Home My WebLink AboutRESOLUTION - 66-07 - 12/11/2007 - CLASS 6B1450 ARTHUR AVENUE RESOLUTION NO. 66-07 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED FEBRUARY 15, 2006 FOR CERTAIN REAL ESTATE LOCATED AT 1450 ARTHUR 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 February 15, 2006, 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, in the case of abandoned property, if the municipality or the Mayor and Board of Trustees, finds that special circumstances justify finding that the property is "abandoned" for purpose of Class 6B, even though it has been vacant and unused for more than 24 months and there has been no purchase for value,that finding, along with the specification of the circumstances, shall be included in the resolution or ordinance supporting and consenting to the Class 6B application. Such resolution or ordinance shall be filed with the eligibility application. If the ordinance or resolution is that of a municipality, the approval of the Board of Commissioners of Cook County is required to validate that the property is deemed"abandoned" for purposes of the incentive, and a resolution to that effect shall be included with the Class 6B eligibility application filed with the Assessor; and WHEREAS,the Petitioner has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance, for certain real estate located at 1450 Arthur Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-34-402-047-0000, 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 Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: Section 1: That the request of the Petitioner to have certain real estate located at 1450 Arthur Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 09-34-402-047-0000 declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance as amended February 15, 2006, 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 399 in Centex Industrial Park Unit Number 246, being a Subdivision in the southeast quarter of Section 34, Township 41 North, Range 11, East of the Third Principal Meridian, in Cook County, Illinois. Section 2: That the Special Circumstances as outlined by the petitioner are attached hereto as Exhibit "A" and made a part thereof. Section 3: That the Village of Elk Grove Village, Illinois hereby supports and consents to the amended 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 08-34-402-047-0000. Section 4: That the Mayor and Village Clerk are hereby authorized to sign any necessary documents to implement this Resolution. Section 5: 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 December 2007. APPROVED this I I th day of December 2007. APPROVED: Mayor Craig B.Johnson Village of Elk Grove Village ATTEST: Ann 1.Walsh Village Clerk Res6h lax EXHIBIT A M"Ma momm-so LLC. 2050 1K. IHGGM ROAD ELK 640VE VILLALUdE. IL 60007 847.439-4400 FAM 947.439-1465 October 2,2007 Elk Grove Village 901 Wellington Avenue Elk Grove Village,Illinois 60007-3499 Attention: Nancy Carlson Economic Development RE: RE-QUIE-ST FOR RESOLUTION CONCERNING CLASS 68 TAX ABATEMENT 1450 ARTHUR ELK GROVE VILLAGE,IL 60007 P.I.N.08-34-402-M-0000 Dear Ms.Carlson: Please lot INs letter serve as a formal written notice,whereby Chadmar Properties,LLC,representing ownership of Me above referenced real estate.hereinafter,referred to as"subject properv,would like to notify the Village of Elk Grove Village of their Intentions to reutilize and reoccupy the abandoned Industrial building located on subject property,which has been vacant and unused for more than two 42)years. Chadmar Properties,U-C also Intends to perform substantial rehabilftation to the eyisfing structure for industrial purposes. Our prellmInary project plans for this existing Industrial structure,currently include the rehabilitation of an approximate 50,0W S.F. Industrial facility,with an estimated priclect cost,excluding land cost,of approximately$100.00a.ao. We believe that during the construLtion of this project at least 75 jobs will be created. We feet that after the completion of this Mollity,a potential of a at least 35 additional jobs could be created. In addition to the notiflication of real estate reutilized and reoccupied,Chadmar Properties,LLC would like to request the Village of Elk Grove Village to adopt a resokAon to have subfact property located at 1450 Arthur, rzlk Grova Village,Illinois,Cook Courrty, Iffinols,legally described below,and with the Property Index Number 08-34-402-047-0000 declared eligible for Class 68 Status pursuant to the Cook County Real Property Classification Ordinance as amended January 1, 1990. Chadmar Properties,LLC also wishes the Village ot Elk Grove VIllage tosupport and consent to the Class 6B Applimbon and approval of the classification of the subject property as Class 613 property pursuant to the Cook County Real Property Classification Ordinance. LOT 399 IN CENTEX INDUSTRIAL PARK UNIT NUMBER 246.BEING A SUBDIVISION IN THE SOUTHEAST QUARTER OF SECTION 34.TOWNSHIP 41 NORTH.RANGE 11,EAST OF THE THIRD PRINCIPAL MERIDIAN,IN COOX COUNTY.ILLINOIS� We look forward hearing from you,and also appreciate your att"on with respect to this matter. ;:�Dn�ralco Manager