HomeMy WebLinkAboutRESOLUTION - 50-13 - 10/8/2013 - CLASSES-820 GREENLEAFRESOLUTION NO. 50-13
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 820 GREENLEAF 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 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 820 Greenleaf Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the
Property Index Number 08-34-100-064-0000, 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 820
Greenleaf Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-34-100-064-0000 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 1 IN MIDCO RESUBDIVISION, A RESUBDIVISION OF LOT 240 IN
CENTEX INDUSTRIAL PARK UNIT 129, A SUBDIVISION IN THE
NORTHWEST %4 OF SECTION 34 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 08-34-100-064-0000.
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 atter its passage
and approval according to law.
VOTE: AYES: 6 NAYS: 0 ABSENT: 0
PASSED this 81h day of October 2013.
APPROVED this 8`h day of October 2013.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keegan, Village Clerk
Res6b1'ax820Greenleafspecial
Exhibit "A"
_ THE'I:AW'oFFICEB OF
LIBTON & TSANTILI8
A PROFESSIONA1; ORPORATION
39 NORTHrI.A9AI.I F STREET. STH FLOOR CH ICAOO: ILLINOIS 80804
HRIAN�P: LIBTOI`7(Sl£) 680.1693 PETER,TBANTiT:I64(3 9 80i-9808 FA.CS�I MILE (914) 680-LSBO
instanc
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=Specie L Circa es..
820• Greenleaf -LLC, o%1TtsTAssienee
820?Grcenlea`frAvc°�nae��F,lk;GroJe�V.illaec;,Ilfinoisi60007?
`-(PIN .08'34"100"-06*0060)
826 GreenleafpLLC,or. its assignee (collectively, the "Applicant'") plans'on purchasing the
:property"located at 820 Giee_nleaf Aveenhcsr- inE,Elk'Grode Village PIN: M34-10,0'-064,-0000) and
leasinOhe,same,to a _related entity, Ultimate Stone; -Inc: a ltirriate SStone"), focus use,as°a•stone
fabricator for custom countertops;
The subject property consists of an approximately 1-5,240 square foot building on -a
.roughly 3.1 900 square;fo6tsife The prroperiy'lias been 100%vacan"t and unused since January
20I_2, when the previous tenant;'Novi Express, Inc.,'completely vacatedethe site.
The subjecttpioperty is in,need of signifiicanianiprovements, and t
'has allotted approximately $('10;000 to rehabilitatethesarue. The improve
roximately 5 construction jobs to the comma
Ultimate Stone's operations are currently located at the -6;400, square foot-fa_cilityit leases
at;1445 Tonne Road in EIk Grove -Village. With its'busine,ss'expanding,)Ultimate Stone has
outgrown,the available square footage;atthis facility" lt,plans to transfer its,entire operations to
the subject property, including allLof its 4 full' -time employees and 4_fullaime-subcontractors.
Withiri two_years of operating at the -subject property Ultirnate,Stone plans 16 hired 3' additional
fullbtime employees and Zadditional`part-time employees.,The_Qpplicant will look,to.hire all
,qualified Village,of Elk' -Grove Villageiesidents'forTutuie lures 'howeverL the above'is all
1 - e m _
.contingent on the Applicanbrecervmg a.Class 6b,T4ILI riti'
stated
lo. the
_a Class 6b=Tax :Incentiv6 .f6Fthe, subject pri
operations to the subject property It will:otherwise t'ifor
tak.bur6h; such.as piope"rties outside: of Cook�,Counly or
Class`6b Tax Incentive.'
Ili is'116ithese reasons and mor64hat it is ne_cessary-to
_ _ , ___ __
supporting and consenting; to: a-Class.6b Tax. lnccntive:foLth&above-referenced pFopeii'y'base&