HomeMy WebLinkAboutRESOLUTION - 11-14 - 4/8/2014 - CLASS 6B-800 ARTHURRESOLUTION NO. 11-14
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS
PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION
ORDINANCE AS AMENDED JULY 17, 2013 FOR CERTAIN REAL ESTATE LOCATED
AT 800 ARTHUR 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 July 17, 2013, 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, the Petitioner has applied for or is applying for Class 6B property status
pursuant to said aforementioned ordinance, for certain real estate located at 800 Arthur Avenue,
in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-
34-301-029-0000, 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 800
Arthur Avenue, Elk Grove Village, Cook County, Illinois, legally described as follows, and
with the Property Index Number 08-34-301-029-0000, declared eligible for Class 6B status
pursuant to the Cook County Real Property Classification Ordinance as amended July 17, 2013,
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 2 IN C.M.S. RESUBDIVISION OF PART OF LOT 282 IN CENTEX
INDUSTRIAL PARK UNIT 162, A SUBDIVISION IN THE SOUTHWEST Y4 OF
SECTION 34, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD
PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS
Section 2: 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-
34-301-029-0000.
Section 3: That the Mayor and Village Clerk are hereby authorized to sign any necessary
documents to implement this Resolution subject to the petitioner completing the following
conditions within twelve months of closing:
a. Update the existing 13,809 square feet of office to 2014 standards;
b. Construct 15,000 square feet of officeilab to be used for research and development;
c. Installation of new exterior windows on the east side of the building; and
d. Installation of energy efficient T5 lighting throughout the warehouse, air conditioning in
the warehouse, and increase in power from 400 amps to 1200 amps.
Section 4: That this Resolution shall be in full force and effect from and after its passage
and approval according to law.
VOTE: AYES: 5 NAYS: 0 ABSENT: 1
PASSED this 81h day of April 2014.
APPROVED this 8`h day of April 2014.
APPROVED:
Mayor Craig B. Johnson
Village of Elk Grove Village
ATTEST:
Judith M. Keegan, Village Clerk
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