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RESOLUTION NO. 27-02 <br />A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS <br />PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE <br />AS AMENDED JANUARY 1, 2000 FOR CERTAIN REAL ESTATE LOCATED AT 1150 <br />LIVELY BOULEVARD, ELK GROVE VILLAGE, ILLINOIS (GULLO INTERNATIONAL <br />DEVELOPMENT CORPORATION) <br />WHEREAS, the Village of Elk Grove Village desires to promote the <br />development of industry in the Village of Elk Grove; and <br />WHEREAS, the Cook County Assessor is operating under an ordinance <br />enacted by the Cook County Board of Commissioners, and amended from <br />time to time, the most recent amendment becoming effective as of <br />January 1, 2000, which has instituted a program to encourage <br />industrial and commercial development in Cook County known as the Cook <br />County Real Property Classification ordinance; and <br />WHEREAS, in the case of abandoned property, if the municipality or <br />the Mayor and Board of Trustees, finds that special circumstances <br />justify finding that the property is "abandoned" for purpose of Class <br />6B, even though it has been vacant and unused for less than 24 months, <br />that finding, along with the specification of the circumstances, shall <br />be included in the resolution or ordinance supporting and consenting <br />to the Class 6B application. Such resolution or ordinance shall be <br />filed with the eligibility application. If the ordinance or <br />resolution is that of a municipality, the approval of the Board of <br />Commissioners of Cook County is required to validate such shortened <br />period of qualifying abandonment, and a resolution to that effect <br />shall be included with the Class 6B eligibility application filed with <br />the Assessor. <br />WHEREAS, Gullo International Development Corporation has applied <br />for or is applying for Class 6B property status pursuant to said <br />aforementioned ordinance, for certain real estate located at 1150 <br />Lively Boulevard, in the Village of Elk Grove Village, Cook County, <br />Illinois, with the Property Index Number 08-27-303-027-0000 has proven <br />to this Board that such incentive provided for in said ordinance is <br />necessary for development to occur on this specific real estate. <br />