HomeMy WebLinkAboutRESOLUTION - 51-91 - 11/12/1991 - CLASS 6B STATUS/2375 ESTES AVERESOLUTION NO. 51-91
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS
68 STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY
CLASSIFICATION ORDINANCE AS AMENDED JANUARY 1, 1990 FOR
CERTAIN REAL ESTATE OWNED BY GIOVANNI AND GEORGE GULLO
HELD IN TRUST #2637EG NBD TRUST COMPANY OF ILLINOIS
2375 ESTES, 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, Giovanni and George Gullo, Trust #2637EG NBD Trust Compary of
Illinois have applied for or is applying for, Class 6B property status
pursuant to said aforementioned ordinance, for certain real estate located
at 2375 Estes Avenue, in the Villaqe of Elk Grove Villaae, Cook County,
Illinois, with the Property Index Number 08-35-203-007-0000 and 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:
1� That the request of Giovanni and George Gullo, Trust #2637EG NBD
Trust Company of Illinois, to have certain real estate located at 2375
Estes Avenue, Elk Grove Village, Cook County, Illinois, leaallv described
as follows, and with the Property Index Number 08-35-203-007-0000, declared
eligible for Class 68 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:
The East 500 ft. (as measured along the South line) of
the West 1534.50 ft. (as measured along the South line)
of Lot 27, in Centex Industrial Park Unit 5, being a
Subdivision in Section 35, Township 41 North, Range 11,
East of the Third Principle Meredian, according to the
plat thereof recorded September 28, 1960, as Document
17976174, and filed as Document LR1944839 in Cook County,
Tll inois.
2. That the Village of Elk Grove Village, Illinois hereby supports and
ccnsents 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 68 tax incentives shall
apply to the property identified as Permanent Real Estate Index Number
08-35-203-007-0000.
3. That the Village President and Village Clerk are hereby authorized
to sion any necessary documents to implement this Resolution.
4. That 'this resolution shall be in full force and effect from and
after its passage and approval according to law.
PASSED this 12th day Of November 1991.
APPROVED this 12th day Of November 1991.
ATTEST:
Patricia S. Smith
Village Clerk
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Charles J. Zettek
Village President