Loading...
HomeMy WebLinkAboutRESOLUTION - 37-13 - 7/16/2013 - CLASSES 189 GORDON ST.RESOLUTION NO. 37-13 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 189 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 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 special circumstances pursuant to said aforementioned ordinance, for certain real estate located at 189 Gordon Street, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-21-202-033-0000, 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 189 Gordon Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-21-202-033-0000 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 51 in Higgins Road Commercial Subdivison Unit No. 33, A Resubdivison on Section 21, 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 08-21-202-033-0000. 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: 5 NAYS: 0 ABSENT: 1 PASSED this 16th day of July 2013. APPROVED this 16'h day of July 2013. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Res6bTax 189Gordonst. Exhibit A Peric LLC Series 189 Gordon St 1816 Avalon Drive Wheeling, Illinois 60090 Special Circumstances Requested by Peric LLC Series 189 Gordon St 189 Gordon St., Elk Grove Village, Illinois (PIN: 08-21-202-033-0000) Peric LLC Series 189 Gordon St ("Applicant") plans to lease the above entity to Chicago Metro Construction, Inc., for its own operations consisting of the refiguring, warehouse and distribution of glass & metal for commercial and residential use. The subject property consists of an approximately 15,000 square foot building on a roughly 30, 000 square foot site that has been vacant and unused for almost two years. The subject property was in need of significant improvements, and therefore, the Applicant has sent approximately $150, 000 to refurbish the existing facility and site. Based on initial inspections, the improvements were made with regards to updating electrical, resealing the parking lot, installing two overhead doors, painted the building and overall cleaning. Chicago Metro Constructions, Inc. currently leases and operates out of approximately 25, 000 square foot facility located at 4547 N. Milwaukee Ave in Chicago, Illinois. Chicago Metro Construction, Inc. plans to move it's entire operation to the subject property and bring all 25 of its current employees to the same. In addition, Chicago Metro Construction, Inc. plans on adding approximately 15 to 20 employees as soon as possible at the subject property and will look to hire all qualified Village of Elk Grove residents for future hires. However, the above is all contingent on the Applicant receiving a Class 6b Incentive. Based on our research and addition costs for rehabilitating the building in order to be a successful endeavor, the Applicant must possess a Class 6b Incentive to lease the facility, and have Chicago Metro Construction, Inc. successfully operate out of the subject property. Without a Class 6b Incentive; however, the Applicant will not be able to lease the site. It is for these reasons that it is necessary to grant the Applicant a Resolution supporting and consenting to a Class 6b Incentive on the above- referenced property based on occupation of vacant property for less the twenty-four months continues vacancy, special circumstances and substantial rehabilitation.