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HomeMy WebLinkAboutRESOLUTION - 28-97 - 6/10/1997 - CLASS 6B/SW CORNER ESTES & TOUHYRESOLUTION NO. 28-97 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 1995 FOR CERTAIN REAL ESTATE LOCATED AT LOT 403, SOUTHWEST CORNER OF ESTES AND TOUHY AVENUE, ELK GROVE VILLAGE, ILLINOIS (SKO-DIE) 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 January 1, 1995, 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, an application has been submitted for Class 6B property status pursuant to said aforementioned ordinance, for certain real estate located at Lot 403, on the southwest corner of Estes and Touhy Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-34-100-077-0000. It has been 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 President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: Section 1. That the request to have certain real estate located at Lot 403, on the southwest corner of Estes and Touhy Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-34-100-077-0000, declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance as amended January 1, 1995, 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 68 Tax Incentive Ordinance is necessary for the said development to occur on the subject property: Lot 403, Centex Industrial Park, Unit 250, a subdivision in the Northwest Quarter of Section 34, 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 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 Claes 6B tax incentives shall. apply to the property identified as Permanent Real Estate Index Number 08-34-100-077-0000. Section 3. That the Village President 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 10th day of June , 1997. APPROVED this 10th day of June , 1997. ATTEST: Patricia S. Smith Village Clerk - 2 - raig B. Johnson Village President