HomeMy WebLinkAboutRESOLUTION - 44-08 - 9/9/2008 - CLASS 6B/123 KING STREET AMENDEDRESOLUTION NO. 44-08
A RESOLUTION AMENDING RESOLUTION NO. 9-08 TO INCLUDE BOTH
PERMANENT REAL ESTATE INDEX NUMBERS (P.I.N.) AND 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 123 KING STREET, 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 6B property status
pursuant to said aforementioned ordinance; for certain real estate located at 123 King Street; in
the Village of Elk Grove Village, Cook County, Illinois; with the Property Index Numbers 08-
22-300-036-0000 and 08-22-300-035-0000, 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 123
King Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and with
the Property Index Numbers 08-22-300-036-0000 and 08-22-300-035-0000, 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:
THE NORTH 0.71 FEET OF LOT 3, THE SOUTH 114.29 FEET OF LOT 4, LOT 4
(EXCEPT THE SOUTH 114.29 FEET THEREOF) AND THE SOUTH 4929 FEET
OF LOT 5 INT HIGGINS ROAD COMMERCIAL SUBDIVISION, UNIT NO. 4
BEING A RESUBDIVISION IN THE WEST/20F SECTION 22, TOWNSHIP 41
NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN,
ACCORDING TO THE PLAT THEREOF REGISTERED IN THE OFFICE OF THE
REGISTRAR OF TITLES OF COOK COUNTY, ILLINOIS ON DECEMBER -3 0,
1963 AS DOCUMENT NUMBER 2129003, 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 613
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
Numbers 08-22-300-036-0000 and 08-22-300-035-0000.
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 law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 9th day of September 2008
APPROVED this 9" day of September 2008
APPROVED:
Mavor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Ann I. Walsh, Village Clerk
Res6bTax 123 KingstAmend