HomeMy WebLinkAboutRESOLUTION - 37-17 - 7/18/2017 - Class 6B 165 N. Lively RESOLUTION NO. 37-17
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 165 NORTH LIVELY BOULEVARD, 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 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 613 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 165 North Lively
Boulevard, in the Village of Elk Grove Village, Cook County, Illinois,with the Property Index
Number 08-22-205-010-0000, and 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 165 North
Lively Boulevard, Elk Grove Village, Cook County, Illinois, identified by Property Index
Number 08-22-205-010-0000 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
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that the incentive provided by the said Class 6B Tax Incentive Ordinance is necessary for the
said development to occur on the subject property, legally described as follows:
LOT 2 IN HARTMAN'S SUBDIVISION, A RESUBDIVISION OF LOT 26 IN
GARLISCH SUBDIVISION UNIT NUMBER 24 PART OF THE WEST 1/2 OF THE
NORTHEAST 1/4 OF SECTION 22 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 613
tax incentives shall apply to the property identified as Permanent Real Estate Index Number 08-
22-205-010-0000.
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:
a. Update the fagade, landscaping, and signage;
b. Repair all concrete aprons and docks;
c. Replace and stripe all asphalt surfaces;
d. Install new outdoor lighting; and
e. Clear the property's drainage system.
Section 5: 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 1811 day of July 2017.
APPROVED this 18th day of July,2017.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy,Village Clerk
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EXHIBIT "A"
S r l l `irenntst noes het atesteci r�' ltr5"i'*i. itii � lv l�d. I'rn`csrties L1,C or an entire to Ne natttcci
165 N. L.Wel " 13KA E..lk Grove Villhat Ye Illinois (PIN. 08-22-205-01"- ! rt)
165 N. Lively Blvd. Properties LI-C, €,r ano:her entity to be naarned ("Applicant")is recluestirlg a
Resolution in support. and consent of a Class 6b Incentive on the abo e- eferenced property based on
ticc;.rpaation of an abandoned property that has been vacant for less than 24 continuous rnonths with a
purchase f6r value, special circumstances and substantial rehabilitation. The Applicant plains ort
purchasing the subject property and its related entity, tiaras Factory Outlp-t,plans oil occupying the entire
facility for its use consisting of the Warehousing and distribution of machine toots and parts.
Tho subject property consists orf an appmximatei ' 45,484 square foot site with a roughly [9.670
square ft;ot building that iias heed ICPO°n vacatlt.and unu,,cd since: Dcce mbe.r,2016, I'lie property is in
need of ubstarntiat rehabilitation. Therefore, the :applicant plans to invest approximately$V/70,795 to
itmr.ediatcly rehabilitate the subject property. Based on initial inspections 1 sv improvements will be to
update the; tayaade, update the landscaping; install new,sitin age; install a new roof and copin';; instatl rnew
sunshades, install new exterior lighting, install new exterior windmks as necessary,repair exterior doors,
repair. sealcoat and stripe the parking list;install new driveway and dock aprons per Flk Grove Village
standards; and clear the rear drainage as w"ill as to COMplete other general maintenance.
The Applicant also plans on completing interior ianpruvenlents.h.owrcver,these exact
unproven"tints are not known at this time. I'lease note that atl oft>nc rehabilitation casts could
sirdrrri;candy:=arY; depending on a variety of factors such as market variances, Further inspections of the
SW ect property nrav require additional improvement-s. Mc rch-a bititation will create approxir7aately 15 to
;:o ristruction jcnbs.
I laas Factory t:)utict c€arrelltly lea,es an,approximat,'AY 14,000 square foot building in Elk Grove
Villa�'e at 555 Busse Rd, and has approximately 45 all tett-tithe)employees based at that site. Haas
Factory Outlet's business is growing and they need to expand their operation as soon as possible.
f h ac Tina, I lags t acts ry Outlet plains to prove as entire operation to the subject property and bring all 45
of its employees to the property and plans or.adding approximately 5 to 10 new etuplovees ars scorn as
possible at the property, Additionally, Haas factory Outlet vsilk look to hire all qualified Erik Grove
1'illargc residents for future hirers.
l.I.lk Grove Village can also expect that Har:.S 1 ae,ory t:::ruttct and its ernployces will continuo;to
invest.cortnnae.rcia:ly back inti, tile�eomtnnunity by visiting local e ta,blish3rr.rlt such as restaurants, gags
stations,grocery stores and more. In addition. F,lk Grove'vsllant c:an expcct that I lags f=actory Ou'let will
continue to attract business<and various custorne:rs to the Village in the course of its operations,
Based on our re ware h and d,tin additional costs that muse i?e inLurred to rehabilitate the building in
order fcrr this to be a successful endeavor,thra Applicant must possess as Class 6b lnc";ntive to complete the
substantial rehabilitation thereof and to successfully oficratc Clic property. I.t is for these reasons that it is
necessary to`arrant:tett Applicant a Resolution in support and consent of aClass file Incentive for the
subject proper y based fn occupation oftar; abandoned property than has heetr vacant four less than`?4
continuous months with a purchase for value, special circunnstanees ant+substantial rehabilitation,