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HomeMy WebLinkAboutRESOLUTION - 43-09 - 8/18/2009 - CLASS 6B/1950 ESTES AVENUERESOLUTION NO. 43-09 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 1950 ESTES 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, 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 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 reafestate located at 1950 Estes Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-35-102-028-0000, 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 1950 Estes Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-35-102-028-0000 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: THE EAST 150 FEET OF THE WEST 1380 FEET OF LOT 29 IN CENTEX INDUSTRIAL PARK UNIT 5, BEING A SUBDIVISION IN SECTION 35, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPLE 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 amended Class 6B Application acid 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 08-35-102-028-0000. 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`b day of August 2009. APPROVED this 18`h day of August 2009. ATTEST: Ann I. Walsh, Village Clerk Rcs6bTaxI950Estes special F] APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village 02-18-2010 10:41am From - JOHN D. NORCROSS MICHAEL E. CRANE JOSEPH J. 611TLER SUSAN T. CROWLEY KRISTEN 13. FARRELL JAMES P. BDYLE ROBERT M. MARSICO CRANE AND NORCROSS ,,a ae Yay SUITE 900 • TWO NORTH LA SALLE STREET CHICAGO, ILLINOIS 60602-4059 TELEPHONE 312 / 726.9161 FAX 312 / 726.7032 Exhibit "A" to Resolution No. 43-09 T-589 P.007/007 F-460 JAMES P. CROWLEY CERTIFIED ASSESSMENT EvALUAToR M. KEVIN CONNORS CERTIFIED ASSESSMENT EVALUATOR The Petitioner, The Vincent P. Connor Family 1996 Limited Partnership, has applied for Class 6B property status for the property located at 1950 Estes Avenue, Elk Grove Village, Illinois, pursuant to the "special circumstances" provision of the Class 6B Tax Incentive Ordinance. This property has been vacant since August, 2007, due to the bankruptcy of the former tenant, Unitech Group. Despite vigorous efforts to rent the property, it remains vacant, It has thus been vacant for 24 continuous months, but as there has not been a sale of the property, the property must meet the special circumstance provision of the Classification Ordinance in order to receive the 6B incentive. 02/18/2010 THU 10:41 [JOB NO. 53251 0007