HomeMy WebLinkAboutRESOLUTION - 3-08 - 1/8/2008 - CLASS B/1400 CHASE AVENUERESOLUTION NO. 3-08
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 1400 CHASE 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 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 1400 Chase
Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index
Number 08-27-402-057-0000, 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
1400 Chase Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows,
and with the Property Index Number 08-27-402-057-0000, declared eligible for Class 613
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 GULLO CHASE AVENUE INDUSTRIAL PARK, BEING A
RESUBDIVISION OF LOT 2 IN FRISBY RESUBDIVISION OF LOT 318 IN
CENTEX INDUSTRIAL PARK UNIT NO. 194, BEING A SUBDIVISION IN THE
SOUTHEAST'/4 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 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 08-27-402-057-0000.
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: 6 NAYS: 0 ABSENT: 0
PASSED this 81h day of January 2008.
APPROVED this 8`h day of January 2008.
ATTEST:
Ann I. Walsh, Village Clerk
Res6bTax 1400CHASE
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APPROVED:
Mavor Craig B. Johnson
Village of Elk Grove Village