HomeMy WebLinkAboutRESOLUTION - 68-17 - 12/13/2017 - Class 6B 1445 E. Oakton RESOLUTION NO. 68-17
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 1445 EAST OAKTON 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 1445 East Oakton
Street, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index
Numbers 08-27-200-005-0000 and 08-27-200-006-0000, 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
1445 East Oakton Street, Elk Grove Village, Cook County, Illinois, and identified by Property
Index Numbers 08-27-200-005-0000 and 08-27-200-006-0000, 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 613 Tax Incentive Ordinance is necessary
for the said development to occur on the subject property, legally described as follows:
PARCEL 1:
THE EAST 246 FEET (EXCEPT THE SOUTH 210 FEET THEREOF) OF THE
NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF SECTION 27, TOWNSHIP 41
NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN IN COOK
COUNTY, ILLINOIS.
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PARCEL 2:
THE SOUTH 210 FEET (MEASURED PERPENDICULARLY) OF THE EAST 246
FEET OF THE NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF SECTION 27,
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-
27-200-005-0000 and 08-27-200-006-0000.
Section 3. That the Mayor and Village Clerk are hereby authorized to sign any necessary
documents to implement this Resolution including the Elk Grove Village Class 6b Property Tax
Incentive Terms and Agreement subject to the petitioner completing new construction of a new
state-of-the-art 13,422 square foot corporate headquarters and a 12,214 square foot maintenance
center, in substantial conformance with the Applicant completing the improvements stated in
their application.
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 12th day of December 2017.
APPROVED this 12th day of December 2017.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Loretta M. Murphy,Village Clerk
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