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Home My WebLink AboutRESOLUTION - 20-13 - 4/9/2013 - CLASS 6B-70 GORDON ST.RESOLUTION NO. 20-13 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 70 GORDON 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, 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 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 6B property status special circumstances pursuant to said aforementioned ordinance, for certain real estate located at 70 Gordon Street, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-21-401-019-0000, 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 70 Gordon Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-21-401-019-0000 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 613 Tax Incentive Ordinance is necessary for the said development to occur on the subject property: LOT 76 IN HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NO. 46, A RESUBDIVISION OF PART OF LOT 4 IN ARTHUR B. SCHARRINGHAUSEN'S RESUBDIVISION OF LOTS 3 TO 8 OF SCHARRINGHAUSEN'S SUBDIVISION OF SECTIONS 21 AND 22 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 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 Number 08-21-401-019-0000. 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 9th day of April 2013. APPROVED this 9th day of April 2013. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Res6hrax 70Gordonspcc m Exhibit "A" SARNOFF & BACCASH Special Circumstances Requested by John O'Keefe or Assignee 70 Gordon St., Elk Grove Village, Illinois (PIN: 08-21-401-019-0000) John O'Keefe or Assignee ("Applicant") plans on purchasing the property located at 70 Gordon Sl. in Elk Grove Village, Illinois (PIN: 08-21-401-019-0000). The Applicant plans on purchasing the subject property and leasing approximately 50% of the same to a related entity, O'Keefe Management Company, for its own operations consisting of the warehousing and distribution of records and paperwork for McDonald's franchises as well as the repair, warehousing and distribution of equipment used at McDonald's franchises. The Applicant also plans on leasing the remaining approximately 50% of the subject property to Restaurant Fab & Maintenance, Inc., for its own operations consisting of the manufacturing, warehousing and distribution of metal fabrication for McDonald's franchises. The subject property consists of in approximately 13,000 square foot site with an approximately 5,400 square foot building thereon that has_been,100% vacant and unused since December, 2011. The subject property is in need of significant improvements, and therefore, the Applicant has allotted approximately $50,000 to $60,000 to refurbish "tho°existing facility'andsile. Qased on initial inspections, the improvements will be made with reg ird'h) but nqt hd� miteto'pamting the,6xterior of the building, updating the exterior lighting,vpdating the hmdscaping'ar d-remodelin" g't vdfficc as -well asfor°othsr general maintenance. Further inspections of the subject property may require additional improvements. O'Keel'e ivlanagement'Company cur�entl'y', eases and oparales bkt of 3'4 small storage umi;s. locat'e'd m Arlington Heights Illinois`. O'Keefe Management Cotrip'an} plans to move its entire operation to the subject property and bang its• 1 employee to the serL In addition �O°Keete Management Coin py.pl`ans oii adding approximately'2 to 3 employees as soon as postiihle til the subject'property and will`look to hire all qualified Village of Elk' Grove Village residents for huture�hires. Restaurant Fab & Maintenance, Inc. currently Ieases and opicmtcs at a'property loc'ated'in Johnsburg, Illinois. kestauranl Fah & MamCeiiance, Inc:;plans to move its entire operation to the subject property and bring all 4 of its current employees to the same. In addition, Restaurant Fab & Maintenance, Inc. plans on adding approxigiately,2� to 3 employees •as soon as possible at the subject propertyand will ook,to hire all qualified Village of.Elk�Grove Village, residents'for futurChires: Howicvu„thv-above is all,contiugcnt oil the Applicant receiving a CI tss'66 Incentive Based on oui tcse uch and the addlt on l:costs thaDmusl be reviled, tb,rzhlbibtai_e;the buildingin order for this to be a'successful endeavor, the Applicant must possess.a Class 66 Incenuye,. Without a Class 6b Incentive; however, the Applicant will not purchase the site. Itis for, these reasons. Chat it'i's,necessapy to,grant the Apphean[;a Reso.lution'suppoi,-ting'and' consenting to ri Glass 6b•Incentive'on the abo.vo-referencedproperty'based on occugation'o_f abdndoned.i property. for less than twenty-four (24)tmonths, continuous, vacancy with a'purchase for yalue .special` , circumstances and'substantial rehabilitation.,