HomeMy WebLinkAboutRESOLUTION - 37-93 - 6/22/1993 - CLASS 6B STATUS/NE CORNER TONNE/FARGORESOLUTION NO. 37-93
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 PETERSEN
ALUMINUM CORPORATION ON PROPERTY LOCATED AT THE NORTHEAST CORNER OF
TONNE ROAD AND FARGO AVENUE, 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 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, Petersen Aluminum Corporation has applied for or is applying
for Class 6B property status pursuant to said aforementioned ordinance, for
certain real estate located at the northeast corner of Tonne Road and Fargo
Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with
the Property Index Number 08-27-300-048-0000, 08-27-300-049-0000,
08-27-300-050-0000, 08-27-300-051-0000 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 President and Board of Trustees
of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
Section 1. That the request of Petersen Aluminum Corporation, to
have certain real estate located at the northeast corner of Tonne Road and
Fargo Avenue, Elk Grove Village, Cook County, Illinois, legally described
as follows, and with the Property Index Number 08-27-300-048-0000,
08-27-300-049-0000, 08-27-300-050-0000, 08-27-300-051-0000 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:
Lots 5, 6, 7 and 8 Tonne/Fargo Subdivision, being a
Subdivision in the Southwest Quarter 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 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 Number 08-27-300-048-0000, 08-27-300-049-0000, 08-27-300-050-0000,
08-27-300-051-0000.
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.
PASSED
this
22nd
day
of
June
, 1993.
APPROVED
this
22nd
day
of
June
, 1993.
ATTEST:
Patricia S. Smith
Village Clerk
- 2 -
Michael A. Tosto
Village President, Pro tem