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HomeMy WebLinkAboutRESOLUTION - 21-20 - 4/14/2020 - Class 6B 1250-1350 Greenleaf Avenue, Touhy AvenueRESOLUTION NO.21-20 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED DULY 27, 2018 FOR CERTAIN REAL ESTATE LOCATED AT 1250-1350 GREENLEAF AVENUE, TOUHY 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 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, 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 613, 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 1250-1350 Greenleaf Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Numbers 08-34-205-011-0000 and 08-34-205-007-0000, and 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 1250-1350 Greenleaf Avenue, Elk Grove Village, Cook County, Illinois, identified by Property Index Numbers 08-34-205-011-0000 and 08-34-205-007-0000, declared eligible for Class 6B special circumstances 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 613 Tax Incentive Ordinance is necessary for the said development to occur on the subject property, legally described as follows: PARCEL 1: THE EAST 20 FEET OF LOT 82 AND ALL OF LOT 83 IN CENTEX INDUSTRIAL PARK, UNIT NUMBER 53, BEING A SUBDIVISION OF SECTION 34, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. COMMONLY KNOWN AS 1250 GREENLEAF AVENUE, PIN: 08-34-205-011-0000 PARCEL 2: LOT 95 IN THE CENTEX INDUSTRIAL PARK UNIT 64, A SUBDIVISION IN SECTION 34, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. COMMONLY KNOWN AS 1350 GREENLEAF AVENUE, PIN: 08-34-2005-007-0000 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 Numbers 08- 34-205-011-0000 and 08-34-205-007-0000. Elk Grove Village is in receipt of an economic disclosure statement that is required with the application packet. Section 4: 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. Construction of link between two buildings and demo of existing small buildings; b. Renovation and rehabilitation at 1350 Greenleaf Avenue; c. Renovation of 1250 Greenleaf Avenue. 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 14th day of April 2020. APPROVED this 141h day of April 2020. ATTEST: Loretta M. Murphy, Village Clerk APPROVED: Mayor Craig B. Johnson Village of Elk Grove Village 2 Exhibit A LIS IOiN& s'vv i'I I.I's SDecial Circumstances 1250-1350 Greenleaf, Elk Grove Village, IL 60007 PIN: 08-34-205-007/-O l l Clear Height Acquisitions LLC, DBA Brett Anthony Foods (the "Applicant") are the contract purchaser of the above referenced property (the "Subject Property") and is requesting a Resolution from Elk Grove Village supporting and consenting to a Class 6b Tax Incentive for the Subject Property based on Reoccupation of Abandoned Property for less than 24 continuous months with a purchase for value, Special Circumstances, New Construction and Substantial Rehabilitation. The Applicant intends to purchase both buildings, connect the buildings with new construction, consolidate the two lots into a single PIN, and lease the entire property to Brett Anthony Foods. A number of Special Circumstances exist for this property. First, the property at 1250 Greenleaf has not been vacant for over 24 continuous months. The current occupant will be vacating near the end of the year and the property will undergo major renovations. After completion, the Applicant will lease 1250 Greenleaf to Brett Anthony Foods. Without the incentive with special circumstances, the property would sit vacant and unused until it hits 24 continuous months vacancy. Second, the proposed project includes two separate buildings across two PIN numbers. The Applicant is proposing to renovate both buildings, connect the buildings, and consolidate the two PINS into a single PIN, beginning in 2021. Since 1350 Greenleaf already has an incentive (2014 activation), the Applicant must file to receive a new consolidated PIN, and request a new 6b incentive on this newly created PIN. Lastly, this project involves an existing company that has already headquartered in Elk Grove. Brett Anthony Foods has been at 1350 Greenleaf since 2014, and have been steadily expanding ever since. Brett Anthony Foods was under contract for another property when this opportunity arose, allowing the occupant to stay in Elk Grove, saving hundreds of jobs for the Village. Without the incentive, a project including special circumstances such as this would not be feasible, and the Applicant would need to look elsewhere.