HomeMy WebLinkAboutRESOLUTION - 29-07 - 5/8/2007 - CLASS 6B/831 37 OAKTON STRESOLUTION NO. 29-07
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS
PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION
ORDINANCE AS AMENDED FEBRUARY 15, 2006 FOR CERTAIN REAL ESTATE
LOCATED AT 831-37 OAKTON STREET, 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 February 15, 2006, 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, the Petitioner has applied for or is applying for Class 6B property status
pursuant to said aforementioned ordinance, for certain real estate located at 831-37 Oakton
Street, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index
Number 08-27-100-055-0000, 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 Mayor and Board of Trustees of the
Village of Elk Grove Village, Counties of Cook and DuPage, Illinois:
Section 1. That the request of the Petitioner to have certain real estate located at 831-37
Oakton Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-27-100-055-0000, declared eligible for Class 6B status
pursuant to the Cook County Real Property Classification Ordinance as amended February 15,
2006, 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:
Lot 1 in Cupp's Subdivision of that part of the East 141.20 feet of the West 523.60 feet of the
East Half of the Northwest Quarter of the Northwest Quarter of Section 27, together with an
undivided interest in the common elements of Township 41 North, Range 1 l East of the Third
Principal Meridian, lying North of a line 643.98 feet South of the North Line of said Section
27 (excepting the fractional said tract of land the East 60 feet of the North 355 feet thereof,
and excepting therefrom the West 60 feet of the North 335 feet thereof)
Also
The West 60 feet of the North 335 feet of the East 141.20 feet of the West 523.60 feet of the
East Half of the Northwest Quarter of the Northwest Quarter of Section 27, together with an
undivided interest in the common elements of Township 41 North, Range 11 East of the Third
Principal Meridian
Also
The East 60 feet of the North 335 feet of the East 141.20 feet of the West 523.60 feet of the
East Half of the Northwest Quarter of the Northwest Quarter of Section 27, together with an
undivided interest in the common elements of Township 41 North, Range 11 East of the Third
Principal Meridian, according to the plat thereof recorded October 28, 1989, as Document
89499461 and re-recorded May 19, 1993 as Document 93379648, in Cook County, Illinois.
Section 2. That the Village of Elk Grove Village, Illinois hereby supports and consents
to the Class 613 Application and approves the classification of the subject property as Class 613
property pursuant to the Cook County Real Property Classification Ordinance and the Class
613 tax incentives shall apply to the property identified as Permanent Real Estate Index
Number 08-27-100-055-0000.
Section 3. That the Mayor 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: 5 NAYS: 0 ABSENT: 1
PASSED this 8`h day of May 2007
APPROVED this 8`h day of May 2007
APPROVED:
_Mayor Crai¢ B. Johnson
Village of Elk Grove Village
ATTEST:
Ann I. Walsh, Village Clerk
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