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HomeMy WebLinkAboutRESOLUTION - 11-93 - 2/23/1993 - CLASS 6B STATUS/1601 PRATT BLVDRESOLUTION NO. 11-93 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 1990 FOR CERTAIN REAL ESTATE OWNED BY K & M PLASTICS, 1601 PRATT BOULEVARD. ELK GROVE VILLAGE. IL 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, 1990, 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, K & M Plastics has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance, for certain real estate located at 1601 Pratt Boulevard, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-34-40-1005 and 08-34-40-1002 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 President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DUPace, Illinois: Section 1. That the request of K & M Plastics, to have certain real estate located at 1601 Pratt Boulevard, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Numbers 08-34-40-1005 and 08-34-40-1002 declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance as amended January 1, 1990, 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: Centex Industrial Park unit 21, a sub in section 344111, recorded December 6, 1963, Document #18993325 Centex Industrial Park unit 20, a sub in section 344111, recorded July 11, 1963, Document #18850610 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 Class 6B tax incentives shall apply to the property identified as Permanent Real Estate Index Numbers 08-34-40-1005 and 08-34-40-1002. 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. PASSED this 23rd day of February , 1993. APPROVED this 23rd day of February , 1993. ATTEST: Patricia S. Smith Village er - 2 - Charles J. Zettek Village President