HomeMy WebLinkAboutRESOLUTION - 44-09 - 8/18/2009 - CLASS 6B /775-825 BONNIE LANERESOLUTION NO. 44-09
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 775-825 BONNIE LANE, 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 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 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 775-825 Bonnie
Lane, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index
Number 08-27-301-054-0000, 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 775-825
Bonnie Lane, Elk Grove Village, Cook County, Illinois, legally described as follows, and with
the Property Index Number 08-27-301-054-0000 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:
Lots 6 and 7 in Triton II First Resubdivision, a resubdivision of Lots I to 17 both
inclusive, in Triton II, being a subdivision in the West Half of Section 27, 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 08-27-301-054-0000.
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 18`h day of August 2009.
APPROVED this 18`h day of August 2009.
ATTEST:
Ann I. Walsh, Village Clerk
Res6bTax775-825 BonnieLane
1a
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
Irila
Exhibit "A"
6B Classification - Special Circumstances
AMB PROPERTY CORPORATION`
Re: Class 6B Resolution Request
Ownership: AMB Property 11, L.P.
Location: 775-825 Bonnie Lane
Property Identification Number / 08-27-301-054
Building NRA: 54,450 Square Feet
Our facility at 775-825 Bonnie Lane was formerly occupied by Regency Metals (a metal
finishing company) for over 30 years. Their tenancy has had an adverse effect to the
structural integrity of the building components. The tenant used corrosive material in
their plating process which' is the main cause for the deterioration to the structure. We
have lost the structural integrity for the fire suppression, electrical, mechanical, walls,
floors and roofing systems. Additionally the offices have been deemed uninhabitable by
the Village of Elk Grove building department. The scope of the work that is necessary to
restore the building to code compliance includes the complete replacement of all the
above mentioned systems as well as 1,500sf of new office per unit totaling 4,500sf.
Please see attached estimates from Mr. Maintenance, Inc., Martin & Associates and
Clarion Construction, Inc.
60 State Street, Suite 1200 Boston, Massxhusctts 02109 United States Main +1 617 5319000 Fax +1 617 5319001