HomeMy WebLinkAboutRESOLUTION - 48-14 - 10/28/2014 - CLASSES-55 GAYLORDRESOLUTION NO. 48-14
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS
PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION
ORDINANCE AS AMENDED JULY 17, 2013 FOR CERTAIN REAL ESTATE
LOCATED AT 55 GAYLORD 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 July 17, 2013, 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, the Petitioner has applied for or is applying for Class 6B property status
pursuant to said aforementioned ordinance, for certain real estate located at 55 Gaylord Street,
in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number
08-22-300-045-0000, 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
55 Gaylord Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-22-300-045-0000, declared eligible for Class 6B status
pursuant to the Cook County Real Property Classification Ordinance as amended July 17,
2013, 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 HIGGINS ROAD COMMERCIAL SUBDIVISION UNIT NUMBER 7, A
RESUBDIVISION OF PART OF LOTS 50 AND 53 IN HIGGINS ROAD
COMMERCIAL SUBDIVISION UNIT NUMBER 2 ALSO PART OF LOT I IN
SCHARRINGHAUSEN SUBDIVISION OF PART OF LOTS 3 AND 4 IN ARTHUR B.
SCHARRINGHAUSEN RESUBDIVISION IN SECTIONS 21 AND 22 TOWNSHIP 41
NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN IN COOK
COUNTY, ILLINOIS.
Section 2. That the Village of Elk Grove Village, Illinois hereby supports and consents
to the Class 613 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
613 tax incentives shall apply to the property identified as Permanent Real Estate Index
Number 08-22-300-045-0000.
Section 3. That the Mayor and Village Clerk are hereby authorized to sign any necessary
documents to implement this Resolution subject to the petitioner completing the following
conditions within twelve months of closing:
a. Replace Roof, concrete apron and rear asphalt parking lot.
b. Install storm drain in rear parking lot.
c. Repair existing masonry.
d. Install new landscaping, stucco fagade, HVAC, electrical wiring and plumbing.
e. Replace back overhead door, two main doors and frames, and front windows.
Section 4. 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 28`" day of October 2014.
APPROVED this 28'h day of October 2014.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keegan, Village Clerk
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