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HomeMy WebLinkAboutRESOLUTION - 11-09 - 3/10/2009 - CLASS 6B/2050 LIVELY BOULEVARDRESOLUTION NO. 11-09 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 2050 LIVELY BOULEVARD, 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 613, even though it has been vacant and unused for more than 24 months and there has been no purchase for value, that finding, along with the specification of the circumstances, shall be included in the resolution or ordinance supporting and consenting to the Class 6B 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 that the property is deemed "abandoned" for purposes of the incentive, 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 2050 Lively Boulevard; in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-34-307-020-0000 and 08-34-307-011-0000, 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 2050 Lively Boulevard, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Numbers 08-34-307-020-0000 and 08-34-307-011-0000 declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance as amended February 1 5, 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 613 Tax Incentive Ordinance is necessary for the said development to occur on the subject property: ALL IN CENTEX INDUSTRIAL PARK UNIT 139, BEING A SUBDIVISION IN THE SOUTH HALF OF SECTION 34, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED MARCH 25, 1970 AS DOCUMENT 21120137, IN COOK COUNTY, ILLINOIS CONTAINING 83,192 SQ FT. 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 amended 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 6B tax incentives shall apply to the property identified as Permanent Real Estate Index Numbers 08-34-307-020-0000 and 08-34-307-011-0000. 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 101h day of March 2009 APPROVED this 101h day of March 2009 APPROVED: Mavor Craig B. Johnson Village of Elk Grove Village ATTEST: Ann I. Walsh, Village Clerk Res6bl'a.QN0Livelyspecia] VUl+LV IN 1 L Exhibit "A" GULLO INTERNATIONAL DEVELOPMENT CORPORATTON 1100 1.A ND MEIl,R RO.1 D ELK.G-ROVE VILLAGE, ILLINOTS 60007 PHONE (847)364-7000, FAX (847)364-7030 Special (.:ireturrslances PIN: Municipal Resolution 08 34-307-020-0000 2050 I .ivejy Blvd. Parcel ##1 03-34-307-0114000 El Grove Village, IL 60007 Foyy.s e. UUJ / UU;s Nu purchase however, Abandonment for over 24 consecutive months. Building was built in 1970's'— not up to today's snindards, and lacks functionality Ownership must make subs(g.ii(ial renovations and structural improvements to the fatality estimated to bc. $75,000.00+. Lacl- of loading docks doors that make the binldixog, not-fiinetional for wcLiy's uscn Today's economy is not helping (he vaamcy �,,itlration and therefore this type of incanive (class 6).would be extremely helpful to the end user. 'ibis would attract d=n u> the Cook Coursty PCV- O l-la.te area as opposed to Dupagrl County.