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RESOLUTION NO. 42-11 <br />A RESOLUTION RESCINDING RESOLUTION NO. 36-11 AND DETERMINING THE <br />APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY <br />REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED FEBRUARY 15, <br />2006 FOR CERTAIN REAL ESTATE LOCATED AT 641 FARGO AVENUE, ELK <br />GROVE VILLAGE, ILLINOIS <br />WHEREAS, the Village of Elk Grove Village desires to promote the development of <br />industry in the Village of Elk Grove; and <br />WHEREAS, the Cook County Assessor is operating under an ordinance enacted by the <br />Cook County Board of Commissioners, and amended from time to time, the most recent <br />amendment becoming effective as of February 15, 2006, which has instituted a program to <br />encourage industrial and commercial development in Cook County known as the Cook County <br />Real Property Classification Ordinance; and <br />WHEREAS, in the case of abandoned property, if the municipality or the Mayor and <br />Board of Trustees, finds that special circumstances justify finding that the ,property is <br />"abandoned" for purpose of Class 6B, even though it has been vacant and unused for less than <br />24 months, that finding, along with the specification of the circumstances, shall be included in <br />the resolution or ordinance supporting and consenting to the Class 613 application. Such <br />resolution or ordinance shall be filed with the eligibility application. If the ordinance or <br />resolution is that of a municipality, the approval of the Board of Commissioners of Cook <br />County is required to validate such shortened period of qualifying abandonment, and a <br />resolution to that effect shall be included with the Class 613 eligibility application filed with <br />the Assessor; and <br />WHEREAS, the Petitioner has applied for or is applying for Class 6B property status <br />special circumstances pursuant to said aforementioned ordinance, for certain real estate located <br />at 641 Fargo Avenue, in the Village of Elk Grove Village, Cook County, Illinois, with the <br />Property Index Number 08-27-300-047-0000; has proven to this Board that such incentive <br />provided for in said ordinance is necessary for development to occur on this specific real <br />estate. <br />NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the <br />Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: <br />