HomeMy WebLinkAboutRESOLUTION - 10-15 - 3/24/2015 - CLASS 6B-321 BOND STREETRESOLUTION NO. 10-15
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 321 BOND 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 321 Bond Street,
in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers
08-22-102-153-0000,08-22-102-154-0000 and 08-22-102-155-0000, 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
321 Bond Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Numbers 08-22-102-153-0000, 08-22-102-154-0000 and 08-22-102-
155-0000, 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 79, 80, 81 AND 82 AND THE WEST 91.21 FEET OF LOT 83 IN HIGGINS
ROAD COMMERCIAL SUBDIVISION, UNIT NO. 3, BEING A SUBDIVISION IN
THE WEST Y2 OF SECTION 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
Numbers 08-22-102-153-0000, 08-22-102-154-0000 and 08-22-102-155-0000.
Section 3. That the Mayor and Village Clerk are hereby authorized to sign any necessary
documents to implement this Resolution.
Section 4. 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 24`h day of March 2015.
APPROVED this 24`h day of March 2015.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keegan, Village Clerk
Class613321 F3ond