HomeMy WebLinkAboutRESOLUTION - 25-10 - 4/13/2010 - CLASS 6B/880 LIVELY BOULEVARDRESOLUTION NO. 25-10
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 880 LIVELY 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, 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 880 Lively
Boulevard, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index
Number 08-27-301-022-0000, 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 880
Lively Boulevard, Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-27-301-022-0000 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 1 in T & G Resubdivision, being a Resubdivision of Lot 156 in Higgins Industrial
Park Unit 109 and of Lot 178 in Higgins Industrial Park Unit 122 being subdivisions in
the Southeast Quarter and the Southwest Quarter of Section 27, 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 08-27-301-022-0000.
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 13" day of April 2010.
APPROVED this 13'h day of April 2010.
APPROVED:
Mayor Craill B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keeizan, Village Clerk
Res6bTax8801,ivelyspecial
Exhibit "A"
AFFIDAVIT OF MARIO GULLO
I, Mario Gullo, duly sworn under oath depose and state that:
1. I am over the age of 18 and competent to attest to the allegations in this Affidavit.
2. I am an authorized representative of George Gullo Development Corporation
("GGDC"), an Illinois corporation in good standing, with its office located in the Village of Elk
Grove Village.
3. GGDC is engaged in the business of construction development/renovation and real
estate management, specializing in industrial properties.
4. GGDC manages the in property commonly known as 880 Lively
Boulevard, Elk Grove Village, Illinois (the "Property").
5. The Description of Property attached hereto is true and accurate.
6. The Property has been vacant, un -used and non -income producing since December
2007.
7. The Property has been listed for rent at or below market value for over 2 years and
any negotiations for lease terms failed because of the amount of the real estate taxes.
8. GGDC continues to lose prospective tenants to neighboring industrial parks in
DuPage County, especially neighboring towns of Wood Dale, Bensenville, Itasca and Addison, as
a result of the lower real estate taxes.
Mario Gullo
GEORGE GULLO DEVELOPMENT
CORPORATION
Subscrib and sworn to before me
this�ay of March, 2010.
OFFICIAL S-
otary Public NOTARNPPUg PUBLIC - I LOOIS
1 '' COMIMISSION EXPik`S.03/26/12