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HomeMy WebLinkAboutRESOLUTION - 26-13 - 5/14/2013 - CLASS 6BRESOLUTION NO. 26-13 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 61 GARLISCH DRIVE, 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 abandomnent, 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 61 Garlisch Drive, in the Village of Elk Grove Village, Cook Comity, Illinois, with the Property Index Number 08-22-400-024-0000, 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 1T 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 61 Garlisch Drive, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-22-400-024-0000 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 5 in Garlisch Subdivision Unit Number 5 being a Subdivision of part of the West half of the East half of Section 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 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 08-22-400-024-0000. 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 hill force and effect from and after its passage and approval according to law. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 14`h day of May 2013. APPROVED this 14'h day of May 2013. APPROVED: Mayor Craie B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Rcs6h ]'a\61 Gad ischspec ial Exhibit "A" LAW OFFICES OF MORRISROE & ASSOCIATES, LTD. SPECIAL CIRCUMSTANCES As previously expressed in the letter, the special circumstances for allowing the 6B classification prior to the expiration of the required 2 year period are: 1. Extra cost would prevent the contract The contract is already near the maximum budget 520 Machinery Sales, LLC is capable of paying. The increase in tax would make finalizing the contract impossible and would force 520 Machinery Sales, LLC to locate a new location for its base of operations. Signing this contract without the Class 6B Tax Abatement classification would be economically impossible when factoring tax rates as the company is still developing. 2. Loss of jobs This property is the only location that 520 Machinery Sales, LLC has found that appears to satisfy all its requirements within Elk Grove Village. An inability to close on this deal will likely cause 520 Machinery Sales, LLC to leave the village, costing their current employees their jobs and preventing the opportunity for future expansion and addition of future employees. This is damaging to 520 Machinery Sales, LLC, the seller of the property, and the Village of Elk Grove who lose a valuable tax -paying and job -creating local business.