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HomeMy WebLinkAboutRESOLUTION - 27-15 - 5/26/2015 - CLASS 6B- 1825 GREENLEAFRESOLUTION NO. 27-15 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 1825 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 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, 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 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 pursuant to said aforementioned ordinance, for certain real estate located at 1825 Greenleaf Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-35-104-052-0000 and 08-35-104-059-0000, 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 1825 Greenleaf Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Numbers 08-35-104-052-0000 and 08-35-104-059-0000, declared eligible for Class 6B special circumstances 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: PARCEL l: THE EAST 293.10 FEET OF LOT 191N CENTEX INDUSTRIAL PARK UNIT 4 (HEREINAFTER DESCRIBED) (EXCEPTING THEREFROM THAT PART THEREOF BOUNDED AND DESCRIBED AS FOLLOWS): BEGINNING AT THE NORTHEAST CORNER OF SAID LOT 19; THENCE WEST ALONG THE NORTH LINE OF SAID LOT 19, A DISTANCE OF 293.1 FEET TO A POINT ON THE WEST LINE OF SAID EAST 293.1 FEET AFORESAID; THENCE SOUTH ALONG SAID WEST LINE A DISTANCE OF 20 FEET TO A POINT; THENCE NORTHEASTERLY ALONG A STRAIGHT LINE A DISTANCE OF 293.78 FEET MORE OR LESS TO THE POINT OF BEGINNING; IN CENTEX INDUSTRIAL PARK UNIT 4, BEING A SUBDIVISION IN SECTION 35, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED OF SAID CENTEX INDUSTRIAL PARK UNIT 4 REGISTERED IN THE OFFICE OF THE REGISTRAR OF TITLES OF COOK COUNTY, ILLINOIS ON NOVEMBER 2, 1959 AS DOCUMENT NUMBER 1894159 IN COOK COUNTY, ILLINOIS PARCEL2: THE WEST 150 FEET OF THE EAST 443.10 FEET OF LOT 19 (EXCEPTING THEREFROM THE NORTH 20 FEET THEREOF) IN CENTEX INDUSTRIAL PARK UNIT 4, BEING A SUBDIVISION IN SECTION 35, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID CENTEX INDUSTRIAL PARK UNIT 4, REGISTERED IN THE OFFICE OF THE REGISTRAR OF TITLES OF COOK COUNTY, ILLINOIS, ON NOVEMBER 2, 1959, AS DOCUMENT NUMBER 1894159 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 Numbers 08- 35-104-052-0000 and 08-35-104-059-0000. Section 4: 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: Exterior upgrades (replace dock to match the ICRC detail; remove the concrete from the area where the dock door was removed and restore with grass; replace the service walk to the front door; remove the boulders from within the right of way; full depth patches in parking lot where necessary; replace broken parking bumpers; sealcoat and stripe the lot; install handicap parking signs; clean all storm structures; the storm sewer outlet to the drainage ditch has failed and will need to be repaired; drainage ditch on the property shall be cleared of all vegetation and debris and restored to a grass lined ditch). Manufacturing plant improvements will include general office improvements; landscaping; and construction of a demonstration room. Section 5: That this Resolution shall be in fill force and effect from and after its passage and approval according to law. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 26`h day of May 2015. APPROVED this 26`h day of May 2015. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Cln,,6k 1825(rcccnIcit f Exhibit "A" SARNOFF!BACCASH SBCO Properties L.L.C. ("Applicant") is requesting a Resolution in support and consent of a Class 6b Incentive on the property located 1825 Greenleaf Ave. in Elk Grove Village, Illinois (PINS: 08-35-104-052/-059) based on occupation of an abandoned property that has been vacant for less than twenty-four (24) continuous months with a purchase for value, special circumstances and substantial rehabilitation. The Applicant plans on purchasing the subject property and its related entity, Savage Bros. Company, plans on occupying the same for its own use consisting of the manufacturing of machinery used primarily for the confectionary industry but also with applications for bakery and other food processing industries. The subject property consists of an approximately 145,566 square foot site with a roughly 81,000 square foot building that has been 100% vacant and unused since February 27, 2015. The property is in need of substantial rehabilitation in order for any occupant to use the same. Therefore, the Applicant plans to invest approximately $600,923 to immediately rehabilitate the subject property. Based on initial inspections these improvements will be to improve the fagade, install a new illuminated monument sign, improve the landscaping, improve the warehouse (including installing energy efficient lighting and upgraded electrical), install a new demonstration room, and improve the offices as well as to complete other general maintenance. Further inspections of the subject property may require additional improvements. This rehabilitation will create approximately 12 to 15 construction jobs. Savage Bros. Company currently operates out of three spaces in Elk Grove Village totaling approximately 43,900 square feet, which includes a 30,000 square foot building at 1125 Lunt Ave. and two approximately 6,950 square foot buildings that are leased at 113-119 Lively Blvd. Savage Bros. Company needs to expand its operations as soon as possible because its business has been growing and because of a need for increased efficiency. Savage Bros. Company plans to move its entire operation to the subject property and bring all 62 (59 full-time and 3 temporary) of its current employees to the same. In addition, Savage Bros. Company plans on adding approximately 5 to 10 new employees within the first few years at the subject property and will look to hire all qualified Village of Elk Grove Village residents for future hires. The Village of Elk Grove Village can also expoct that Savage Bros. Company and its employees will continue to invest commercially back into the community by visiting local establishments such as restaurants, gas stations, grocery stores and more. In addition, the Village of Elk Grove Village can expect that Savage Bros. Company will continue to attract business and various customers to the Village in the couise of its operations. Additionally, Savage Bros. Company's expansion will likely increase the above. Based on our research and the additional costs that must be incurred to rehabilitate the building in order for this to be a successful endeavor, the Applicant must possess a Class 6b Incentive to complete the substantial rehabilitation thereof and to successfully operate the subject property. It is for these reasons that it is necessary to grant the Applicant a Resolution in support and consent of a Class 6b Incentive for the above -referenced property based on occupation of an abandoned property that has been vacant for less than twenty-four (24) continuous months with a purchase for value, special circumstances and substantial rehabilitation.