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HomeMy WebLinkAboutRESOLUTION - 12-13 - 3/12/2013 - CLASS 6B-1410 JARVISRESOLUTION NO. 12-13 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 1410 JARVIS 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 6B, 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 for or is applying for Class 613 property status special circumstances pursuant to said aforementioned ordinance, for certain real estate located at 1410 Jarvis Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-27-400-045-0000, 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 1410 Jarvis Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-27-400-045-0000 declared eligible for Class 6B special circumstances 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 101 IN HIGGINS INDUSTRIAL PARK UNIT 69, A SUBDIVISION IN THE SOUTHEAST V4 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 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 08-27-400-045-0000. 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 12th day of March 2013. APPROVED this 12`h day of March 2013. APPROVED: Mavor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Res6b I ax 141 Warvisspccial SARNOFF & BACCASH Exhibit "A" Special Circumstances Requested by 1410.1arvis, LLC 1410 Jarvis Ave., Elk Grove Village, Illinois (PIN: 08-27-400-045-0000) 1410 Jarvis, LLC ("Applicant') plans on purchasing the properly located at 1410 Jarvis Ave. in Elk Grove Village, Illinois (PIN: 08-27-400-045-0000) and leasing the same to a related entity, Kitchen Transformation, Inc., for its own operations consisting of the refiguring, warehousing and distribution of granite countertops for commercial and residential use. The subject property consists of an approximately 9,400 square foot building on a roughly 19,499 square foot site that has been 100% vacant and unused for over one year. The subject property is in need of significant improvements, and therefore, the Applicant has allotted approximately $50,000 to $75,000 to refurbish the existing facility and site. Based on initiafinspecii'ons, ttic irfiprovemenis4ill be made with regard to, but not limited to updating the water drainage, walls, office and carpet and to install machinery as well as for other general maintenance. Further inspections of the subject property may require additional improvements. Kitchen Transformation, Inc. currently leases and opera,tes,out of an approximately 6,800 square foot facility located at 3017 Malmo Dr. in Arlington,Heigtits,,Illinois',Kitchen Transformation, Inc. plans to move its entire operation to the subject xo ert and,brin all 8 -of i P r J „_ 1 , ,p, ,y, g,• , is currenEemployeesto the same. do addition, Kitchen Transformation, lnc. pfans'bn adding appr6zoriately 3 toy employees�as soori as possib16'at the subject property and will look to hire all qualified Village of Elk Grove Village residents for future hires. However, the above is all contingent on ,thc Applicant receiying a Class.6b Incentive Based on our research and the additional costs that must be incurred,to.rehabilitate the building,in order_ for this to be a successful endeavor, the Applicant must possess a Class 6b Incentive to purchase the facility, complete the substantial rehabilitation thereof and have Kitchen Transformation, Inc. successfully operate out of the subject property..Without-a Class hb Incentiye;,howeyer,;the Applicant will not purchase the site:, It is for these reasons that it is necessary, to -grant the Applicant a Resolution -supporting an&consenting to a Class 6b:,Incentive on the above -referenced property'based,on occupation of abandoned property ,for less.,than twenty-four (24) months continuousvacancy with apurchase for value, special circumstances and substantial rehabilitation. � � S