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HomeMy WebLinkAboutRESOLUTION - 10-20 - 2/11/2020 - Class 6B, 1370 Lively BoulevardRESOLUTION NO. 10-20 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED JULY 27, 2018 FOR CERTAIN REAL ESTATE LOCATED AT 1370 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 July 27, 2018, 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 1370 Lively Boulevard, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-34-100-022-0000, 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 1370 Lively Boulevard, Elk Grove Village, Cook County, Illinois, and identified by Property Index Number 08-34-100-022-0000, declared eligible for Class 613 status pursuant to the Cook County Real Property Classification Ordinance as amended July 27, 2018, 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, legally described as follows: THAT PART OF LOT 213 IN CENTEX INDUSTRIAL PARK UNIT 110, BEING A SUBDIVISION IN SECTION 34, TOWNSHIP 41 NORTH RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 23, 1968 AS DOCUMENT NUMBER 20711264 IN COOK COUNTY, ILLINOIS, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID LOT 213; THENCE ON AN ASSUMED BEARING OF NORTH 88 DEGREES 38 MINUTES 10 SECONDS EAST ALONG THE SOUTH LINE OF SAID LOT 213, A DISTANCE OF 151.51 FEET TO THE POINT OF BEGINNING; THENCE NORTH 81 DEGREES 31 MINUTES 48 SECONDS EAST, A DISTANCE OF 16.28 FEET; THENCE NORTHEASTERLY 37.42 FEET ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 51.42 FEET, THE CHORD OF SAID CURVE BEARS NORTH 60 DEGREES 40 MINUTES 46 SECONDS EAST, 36.60 FEET TO THE SOUTHEASTERLY LINE OF SAID LOT 213; THENCE SOUTHWESTERLY 30.59 FEET ALONG THE SOUTHEASTERLY LINE OF SAID LOT 213 ON A CURVE TO THE RIGHT HAVING A RADIUS OF 20.00 FEET, THE WEST, 27.69 FEET TO THE SOUTH LINE OF LOT 213; THENCE SOUTH 88 DEGREES 38 MINUTES 10 SECONDS WEST ALONG THE SOUTH LINE OF SAID LOT 213, A DISTANCE OF 28.50 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINING .004 ACRE, MORE OR LESS, OR 191 SQUARE FEET, MORE OR LESS. 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 08-34-100-022-0000. Elk Grove Village is in receipt of an economic disclosure statement that is included with the application packet. 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. Roof replacement, interior improvements and add solar panels; b. Update and repair landscaping, pavement, dock, windows, awnings and signage; c. Update facade and complete general maintenance. Section 4: 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 11 day of February 2020. APPROVED this 11 day of February 2020. APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village ATTEST: Loretta M. Murphy, Village Clerk