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Home My WebLink AboutRESOLUTION - 13-08 - 3/11/2008 - CLASS 6B/930 LEE STREETRESOLUTION NO. 13-08 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 930 LEE 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, in the case of abandoned property, if the municipality or the Mayor and Board of Trustees; finds that special circumstances justify finding that the property is "abandoned" for purpose of Class 6B, even though _it has been vacant and unused for less than 24 months; that finding, along with the specification of the circumstances, shall be included in the resolution or ordinance supporting and consenting to the Class 613 application. Such resolution or ordinance shall be filed with the eligibility application. If the ordinance or resolution is that of a municipality, the approval of the Board of Commissioners of Cook County is required to validate such shortened period of qualifying abandonment, and a resolution to that effect shall be included with the Class 6B eligibility application filed with the Assessor; 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 930 Lee Street, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-22-102-146-0000 and 08-22-102-147-0000, 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 930 Lee Street, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Numbers 08-22-102-146-0000 and 08-22-102-147-0000 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 57 (EXCEPT THE WEST 1.75 FEET THEREOF) ALL OF LOT 58 AND THE WEST 31.75 FEET OF LOT 59 IN HIGGIN'S ROAD COMMERCIAL UNIT NO. 3, A SUBDIVISION IN THE WEST V, OF SECTION 22, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. Section 2: That the Special Circumstances as outlined by the petitioner are attached hereto as Exhibit "A" and made a part thereof. Section 3: 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 08-22-102-146-0000 and 08-22-102-147-0000. Section 4: That the Mayor and Village Clerk are hereby authorized to sign any necessary documents to implement this Resolution. Section 5: 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 111h day of March 2008. APPROVED this 111h day of March 2008. ATTEST: Ann I. Walsh, Village Clerk Res6bTaxM LeeSpecial 2 APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village MAK. 4. 2008 11:2 /AM NU. u3j / r. L THE LAw Ox'IrICES OF LTSTON & LAFARTS A VIZ01PESSIONAT, CORPORATION Exhibit "A" 33 NOR'VII.LA9AIJZ,, 6'rREET, 2Z>TH VLOOR CN ICAQO, ILI,TNOLS 00003 �; t<iAI� P. L16'TON (312) :�.QO-1684 C3$F�Or2Y J. LAFA,KLS (3].%) ?'�80-1b81 SAQ9I��ILi: (31s) 5A0-168 March 4, 2008 Nancy Carlson Economic Development Officer Village of Elk Grove 901 Wellington Avenue Elk Grove, Illinois 60007 RE: Packaging Machines International, Inc. 930 Lee Street Elk Grove, Illinois 6QO07 PINs : 09-22-102.-146/-147 Dear Nancy: As we discussed on the phone, Packaging Machines International, Inc. ("PMI") is seeking a Class 6b Incentive for the above -referenced property. This property has been vacant and unused for approximately one year, a -ad PMI plans to purchase and refurbish this property for its own use. In addition, because the property has been vacant for less than 24 continuous months, PMI will be seeking a Class 6b with special circumstances. Attached please find a brief narrative discussing the need for the special circumstances. Currently, the property consists of an existing 18,720 square foot building on a roughly - one acre site. The site is in need of improvements, and therefore PMI has allotted approximately $1 million to refurbish the existing facility. The development will create approximately 30 permanent full-time employees to the new facility in addition to the already existing PMI employees. however, this is all contingent on PMI receiving a Class 6b Incentive. PMI is an innovative manufacturer of high quality shrink bundling machinery and related equipment. PMT offers the latest technology in packaging systcros at a competitive price. Enclosed please fund some additional information on PMI. PMI is eager to work with the Whigs. of Elk Grove to continue their already s'ucwssful relationship. Therefore, pletise review this letter and the attached materials .and place PMI on the agenda for the next committee meeting, Should you have any other questions or concerns, do not hesitate to contact me at (3 12) 580-1593. Regards, ary . Kafitz Encls. , MAK. 4. '1098 11:1 IAM Special Circumstances NU. Ujz I r. j Packaging Machines International, Inc. ("PMI") is currently located in Elk Grove at 1260 Lunt Avenue, but must relocate in order to occupy a new space that will meet its growing needs. PMI wishes to stay in Elk Grove and has found a new facility located at 930 Lee Street that is large enough to meet PMI's growth. However, this new facility has only been vacant for approximately 12 months and is in need of substantial rehabilitation. In addition, despite PMI's wish to stay in Elk Grove and occupy the facility located at 930 Lee Street, they will not be able to do so without a Class 6b Incentive on the property. In fact, without the Class 6b, PMI will most likely be forced to move to nearby DuPage County or one of the other collar counties which would provide a lower property tax. It is PMI's wish to stay in Elk Grove and keep their long lasting relationship with. the Village. The facility at 930 Lee Street, with much needed improvements and the Class 6b Incentive, will be able to meet PMI's needs for the future. However, without the Class 6b, PMI will not be able to occupy the facility. It is for these reasons that it is necessary to grant PMI the Class 6b Incentive with Special Circumstances for vacancy.