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Home My WebLink AboutRESOLUTION - 10-08 - 2/12/2008 - CLASS 6B/2195 ARTHUR STREETRESOLUTION NO. 10-08 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 2195 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 613, even though it has been vacant and unused for less than 24 months, 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 such shortened period of qualifying abandonment, 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 iur or is applying fur Class 6B property status pursuant to said aforementioned ordinance, for certain real estate located at 2195 Arthur Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-35-301-066-0000, 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 2195 Arthur Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-35-301-066-0000 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 613 Tax Incentive Ordinance is necessary for the said development to occur on the subject property: LOTS 189 AND 190, EXCEPT THE SOUTHERLY 65 FEET THEREOF, TOGETHER WITH LOT 191, EXCEPT THE WESTERLY 45 FEET AND EXCEPT THE SOUTHERLY 65 FEET THEREOF, IN CENTEX INDUSTRIAL PARK UNIT 16, BEING A SUBDIVISION IN SECTION 35, 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 Class 613 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 08-35-301-066-0000. 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: 5 NAYS: 0 ABSENT: 1 PASSED this 12`h day of February 2008. APPROVED this 12`h day of February 2008. APPROVED: Mavor Craill B. Johnson Village of Elk Grove Village ATTEST: Ann I. Walsh, Village Clerk Res0h"rax2195Art11urAve.S'peci d ---- -- - ... .., � .. -. ... v z ... v v u u L L 11 IN III jf J I V I r. V V 1 / V V L EXHIBIT "A" GULLO INTERNATIONAL DEVELOPMENT CORPORATION 11.00 LANDM1;1FR. R 0 A D H 1,K (;ROVE VILLAC,F., T.L.LINOIS 60007 PH ON U. (847)364-7000, FAX (847)364-7030 FACSIMILE? TRANSMiTTAL SH F{K'I' I,xO-1& ._ Ms. Nancy Carlsrtn Mariann ("11110 COMPANY: DA'1'1 Village.: of T?(',V JAN(IARY23, 200$ AX: TOTAL NO. UI; PAGKS INCLUMNG COVRR: (817) 357-4022 1 PrrC1Nr. NL1MnP,iZ: ry (84.0 439-3900 RE: YOUR RrFI?RRvf:P. NUNMER: 2195 Arthur Avenue Elk Grove. Village, IL 60067 1:1 UtiGENT X l'bR RL••V1L''W X PLEASl-: COMMENT X PLEASE REPLY ❑ PLL•'ASE RECYCLE Dear Nancy, We are W661.lg to YOU to tecluest aliproval of a .tminicipal rr-.solurion for a 01i Tax incentive and cxphd11 aur intended usage. of the property we have purch;ised Ar 2195 Arthur, Elk Grove. Village, IL 60007. G'ullo International Development Corporation is a real estate development firm located in Elk Grove Village Business District. As an ac:tiv& real esra.le developer and a member of tb.c Elk Grove Rusiness Park 'We. are seeking to obtain a glass 613 based on vacancy and snhsra.nrial improvements to rhe faciliry. The property was built in early 1970's. 'Flee special circumstances on this property are as follows: It i.s iti dire teed of Lu11.1l)lLAC renovation of existing offices, additi,u,al, la:+dijig doclrs are required and DID, suLstuntial rcpaM to (lie. roof, COundarions and me.c.11anical systems. from curb appeal pc-IspecLive, we. will resurfar:r. and a.spha.lr driveways and parking lilt, rrhlac:c. the Metal sidiiiZ, Of the building and acid landscaping. Only until these renovations are. completed will this etlahle lis to arrra.et potential users seeking; this ideal lUca.lion witli the amenities to meet today's demands. Such businesses typically offer approximately 20 full.timc and 10 part time eniployrxlc.i,t opportunities. G11110 PU1'Chu:,L:d 11LU ptu},erty un 10/27/06 Cur $1,300,000.00. The property was1:1.t;t occupied by Annsuong Rclocation as of lite closing date- "Total value of improvements a.1:e . estimated to be $165,000.00 +. Please let u:+ lomw wheel we will be placed on dic lluutd'S Agenda for disciissi )n of flit: 613 ul,l,it,vttl. We appruiAte lllc 11ourd's conside-Ation. Sbould you need my additionnl iiifcuuiadon please contact me at. 847.364.7000. UULLV 11,411, 219.5 ARTn.l.l.lz .A.VENUE, ELK (GRovE VILLAGE., fi.mNo s 60007 THE SPECIAL CIRCIJMSTANChiS ON'CIIIS PROPERTY ARE AS FOLEOWC_ ffJ101 Y.VUL /UUL - l.. PROPERTY HAS BEEN VACANT SrNC:E OCTOBER 2006 2. IT IS IN DIRE. NJ"ED OF COMPLETE RENO'VAT'ION OF F:XIS'1'IN(.'- OFFICES AND WAREHOUSE 3. ADD LOADING DOCKS ANI) DTF)S 4. REPLACEROOF, 5. PL PAIR CRACKED FOUNDATIONS 6. RERAM STRUC:1'URAL WALLS, COLUMNS, STEEL, 7. REPLACE MF(.1 SYSTfiMS. b.. FOR CURB APPEAL, WE NEED TO RFS(J tFACF THE PARKINO LOT AND DRIVEWAYS, 9. RYPAtK AND RI -STORE THE. METAL SIDING OF THE BUILDING AND SOFFITS, CANOPY AND FASCIA 10: Al,).ITIS'I'1)X)-:)'I(11F])I.A'NI)SC:AI'ING AND ADI) NF?W 1 1 _ FS'll- iA'IM) COSTS POR SAID WORK: $185,000.00 + OKLY IR0111HESE RtE'N0VA'11'ONS ARE COMPLETED WILL THIS ENABLE US TO ATTRACT POTENTIAL USERS SEEKING THIS IDEAL LOCATION WITH THE AMENITtE• S TO MEET TODAY'S DEMANDS. m