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HomeMy WebLinkAboutRESOLUTION - 38-10 - 6/15/2010 - CLASS 6B/2195 ARTHUR AVENUERESOLUTION NO. 38-10 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 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 more than 24 months and 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 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 amended 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 613 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: 6 NAYS: 0 ABSENT: 0 PASSED this 151h day of June 2010. APPROVED this 151h day of June 2010. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Res6bTa\2195 Anhur2010 JUN.09.2010 09:56 13473647030 GULLO IN 19 R N AT I o N A I GULLO INTL 2195 Arthur Avenue, Elk Grove Village, filinois 60007 The special circumstances on this property are as follows: EXHIBIT A 1. Abandoned property for greater than twenty four months continuous vacancy without purchase; for Value; special circumstances" 2. Property has been vacant since May 2007 2. It'.t/as in dire need of complete renovation of e)Jsti-ug offices and warehouse 3. Gullo added 1 1 brand new .loading docks and 4 DTDS 4. Repaiied roof 5. Repaired foundations G. Rewired structural walls, columns, steel 7. Replaced mechanical syste-uis. 8_ For curb appeal, 'We resurfaced tb.e parking lot and driveways, 9. Repaired and restored tlnc metal siding, of the bid1d ng and soffits, canopy and fascia and added new brick facade 10. Adjusted landscaping and add new 1.1. Estimated costs for said work: $225,000.00 + GULLO ll'I PNATIONAL DEVELOPMENT CORPORATION • GULLO INTERNATIONAL REALTY GROUP LTD, 1 L00 Londmeier Road • Elf, Grove Village, Illinois 60007 • TEL 847.364.7000 • FAX 847.364.7030 www.gullo,com • infoftullo.com