Title/Name/Summary
A RESOLUTION DETERMINING THE APPROPRIATENESS OF CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE FOR CERTAIN REAL ESTATE LOCATED AT 15657 SOUTH 70TH COURT IN ORLAND PARK, ILLINOIS.
Body
WHEREAS, the Village of Orland park desires to promote the development and retention of industry in the Village of Orland Park, Cook County; and
WHEREAS, the Cook County 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 Cook County Class 6B incentive is designed to encourage industrial development throughout Cook County by offering a real estate tax incentive for the development of new industrial facilities, the rehabilitation of existing industrial structures, and the redevelopment and occupancy of abandoned property or buildings, and
WHEREAS, Madison Construction Company, a manufacturing, fabricating and warehousing industrial company, presently located in Orland Park, Illinois, has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance, specifically as the ordinance covers “occupation of abandoned property” for certain real estate located at 15657 S. 70th Court in the Village or Orland Park, Cook County, Illinois, with the pins # 28-18-310-012 & # 28-18-310-005; and
WHEREAS, the Village of Orland Park has determined the property meets the requirements of “Occupation of Abandoned Property - No Special Circumstances” and that such incentive provided for in said ordinance is necessary for development to occur in this specific real estate,
NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village of Orland Park, Cook County, Illinois as follows:
1. The request of Madison Construction Company to have certain real estate located at 15657 S. 70th Court, Orland Park, Cook County, Illinois, legally described on Exhibit A, attached hereto and with PIN NO. 28-18-310-012 & 28-18-310-005, declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance, is hereby granted in that this Board and municipality recognizes the property, as stated herein, meets the requirements of “Occupation of Abandoned Property” and the incentive benefits provided for in said ordinance are necessary for development of this real estate to occur.
2. The Village of Orland Park hereby supports and consents for said site to receive Class 6B status.
3. The Village President, Clerk and other appropriate Village of Orland Park officials are hereby authorized to sign any necessary documents to implement this resolution.
4. This resolution shall be in full force and affect from and after its adoption.