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HomeMy WebLinkAboutRESOLUTION - 26-08 - 5/13/2008 - CLASS 6B/1601 NICHOLAS BLVD.RESOLUTION NO. 26-08 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 1601 NICHOLAS BOULEVARD, 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, the Petitioner has applied for or is applying for Class 613 property status pursuant to said aforementioned ordinance, for certain real estate located at 1601 Nicholas Boulevard; in the Village of Elk Grove Village; Cook County; Illinois, with the Property Index Numbers 08-35-202-027-0000 and 08-35-202-028-0000, 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 1601 Nicholas Boulevard, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Numbers 08-35-202-027-0000 and 08-35-202-028-0000, 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: THE WEST 520.00 FEET AS MEASURED ALONG THE SOUTH LINE THEREOF, OF LOT 21 IN CENTEX INDUSTRIAL PARK UNIT NO. 5, 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 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 613 property pursuant to the Cook County Real Property Classification Ordinance and the Class 613 tax incentives shall apply to the property identified as Permanent Real Estate Index Numbers 08-35-202-027-0000 and 08-35-202-028-0000. Section 3. That the Mayor 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 laxv. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 13'h day of May 2008. APPROVED this 13'h day of May 2008. ATTEST: Ann 1. Walsh, Village Clerk Res6bTax 1601 Nicholas. 2 APPROVED: Mayor CraijZ B. Johnson Village of Elk Grove Village