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HomeMy WebLinkAboutRESOLUTION - 39-11 - 9/27/2011 - CLASS 6B- 1280 LANDMEIERRESOLUTION NO. 39-11 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 1280 LANDMEIER ROAD, 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 special circumstances pursuant to said aforementioned ordinance, for certain real estate located at 1280 Landmeier Road, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-27-400-095-0000, 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 1280 Landmeier Road, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-27-400-095-0000 declared eligible for Class 613 special circumstances 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 613 Tax Incentive Ordinance is necessary for the said development to occur on the subject property: LOT 9 IN GULLO INTERNATIONAL CONTEMPORARY PARK, BEING A RESUBDIVISION OF LOT 230 IN H'IGGINS INDUSTRIAL PARK UNIT 165, BEING A SUBDIVISION IN THE SE 1A OF SECTION 27, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN (EXCEPTING THEREFROM THE NORTH 220.00 FEET OF THE EAST 420.00 FEET) 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- 27-400-095-0000. 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 27'h day of September 2011. APPROVED this 27'h day of September 2011. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Rcs66Tax 128OLan d meim;speemI THE LANV OFFICES OF LISTON & TSANTILIS A PROFESSIONAL CORPORATION 33 NORTH LASALLE STREET, 25TII FLOOR CHICAGO, ILLINOIS 60002 BRIAN P. LISTON (312) 580-1594 PETER TSANTILIS (312) 604-3808 FACSI1%11LE (312) 580-.1592 Josh Grodzin Economic Development Director Village of Elk Grove 901 Wellington Avenue Elk Grove, Illinois 60007 RE: Dear Josh: September 16, 2011 CXH1131'7- Class 6b Incentive 1280 Landmeier Rd. Elk Grove Village, Illinois 60007 PIN: 08-27-400-095-0000 1280 Landmeier, LLC ("Applicant") plans on purchasing the above -referenced property and is requesting a Resolution from the Village of Elk Grove Village supporting and consenting to a Class 6b Incentive for the subject property based on occupation of abandoned property for less than twenty-four months continuous vacancy with a purchase for value, special circumstances and substantial rehabilitation. The Applicant plans to purchase and rehabilitate the currently vacant and unused site in order to lease the same to an industrial user for warehousing, manufacturing and/or distribution. In addition, because the property has been vacant for less than twenty-four (24) continuous months with a purchase for value, the Applicant will be seeking a Class 6b Incentive with special circumstances. Attached please find a brief narrative discussing the need for special circumstances. The subject property consists of a building that is approximately 12,925 square feet on a roughly 31,657 square foot site that was previously occupied by Lime Energy, Co. On January 1, 2011 Lime Energy, Co. began winding down its operations at the subject property, and as of June 1, 2011 it was down to a skeleton staff. Since September 6, 2011 the subject property has been 100% vacant and unused. The subject property is in need of significant improvements, and therefore, the Applicant has allotted approximately $212,000 to refurbish the existing facility, which must be completed before any industrial tenant can occupy the site. The improvements will be made with regard to, but not limited to the roof, HVAC, warehouse, floors, walls, ceilings, exterior of the building and parking lot as well as to upgrade the lighting. In addition, the offices will need to be completely renovated, which will include cutting six new exterior wall openings and installing six new windows, updating the floor, upgrading the ceiling, upgrading the lighting to T6 and painting the entire office. Should the Applicant obtain a Class 6b Incentive on the subject property, it believes it can successfully lease the site to an industrial user, which would result in approximately 15 to 30 permanent full-time jobs at the site. However, the viability of the same is contingent on the Applicant receiving a Class 6b Tax Incentive. The Applicant believes the Class 6b Incentive will allow it to secure an industrial tenant, which will fill a formerly underutilized and currently vacant site as well as bring additional jobs to the Village of Elk Grove Village. TRE LAW OFFR3rg OF LISTON & TSANTILIS Page 2 September 16, 2011 Josh Grodzin Therefore, please review this letter and the attached materials including a $500.00 filing fee and place the Applicant on the agenda for the September 27, 2011 Village of Elk Grove Village Board meeting. Should you have any other questions or concerns, or require any additional documentation or information, do not hesitate to contact me at (312) 580-1593. Regards, Zachary A. Kafitz Encls. Special Circumstances Requested by 1280 Landmeier, LLC 1280 Landmeier, LLC ("Applicant") plans on purchasing the property located at 1280 Landmeier Rd. in Elk Grove Village, Illinois (PIN: 08-27-400-095-0000) and leasing the same to an industrial user for warehousing, manufacturing and/or distribution. The subject property consists of a building that is approximately 12,925 square feet on a roughly 31,657 square foot site that was previously occupied by Lime Energy, Co. On January 1, 2011 Lime Energy, Co. began winding down its operations at the subject property, and as of June 1, 2011 it was down to a skeleton staff. Since September 6, 2011 the subject property has been 100% vacant and unused. The subject property is in need of significant improvements, and therefore, the Applicant has allotted approximately $212,000 to refurbish the existing facility, which must be completed before any industrial tenant can occupy the site. The improvements will be made with regard to, but not limited to the roof, HVAC, warehouse, floors, walls, ceilings, exterior of the building and parking lot as well as to upgrade the lighting. In addition, the offices will need to be completely renovated, which will include cutting six new exterior wall openings and installing six new windows, updating the floor, upgrading the ceiling, upgrading the lighting to T6 and painting the entire office. Should the Applicant obtain a Class 6b Incentive on the subject property, it believes it can successfully lease the site to an industrial user, which would result in approximately 15 to 30 permanent full-time jobs at the site. However, the viability of the same is contingent on the Applicant receiving a Class 6b Tax Incentive. The Applicant believes the Class 6b Incentive will allow it to secure an industrial tenant, which will fill a formerly underutilized and currently vacant site as well as bring additional jobs to the Village of Elk Grove Village. It is for these reasons that it is necessary to grant the Applicant a Resolution supporting and consenting to a Class 6b Incentive for the above -referenced property based on occupation of abandoned property for less than twenty-four (24) months continuous vacancy with a purchase for value, special circumstances and substantial rehabilitation.