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A RESOLUTION SUPPORTING AND CONSENTING TO RENEWAL OF A COOK COUNTY CLASS 6B REAL ESTATE TAX ASSESSMENT CLASSIFICATION FOR THE PROPERTY LOCATED AT 16249-16309 S. 107TH AVENUE #6 IN THE VILLAGE OF ORLAND PARK
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WHEREAS, the Village of Orland Park (the “Village”) desires to promote and preserve manufacturing and industrial uses in the Village; and
WHEREAS, the Cook County Assessor is operating under the Cook County Real Property Classification Ordinance (the “Ordinance”) enacted by the Cook County Board of Commissioners, as amended from time to time, which provides industrial property owners, in certain cases, with a reduction in the assessed valuation of an industrial facility in order to induce companies to locate or remain in Cook County; and
WHEREAS, FREDRICK EUL (the “Applicant”) has applied, or is applying, for renewal of the Class 6b Classification under the Ordinance, and has proven to the President and Board of Trustees of the Village (the “Village Board”) that such Class 6b Classification is necessary to encourage improvement and occupancy of the specific real estate identified below (the “Subject Property”); and
WHEREAS, the Village Board supports and consents to the filing of a Class 6b Classification renewal application by the Applicant, with the understanding that any occupant of the Subject Property must meet the Class 6b Classification qualifications for industrial warehousing, manufacturing and/or distribution uses; and
WHEREAS, the Applicant has provided an Economic Disclosure Statement to the Village; and
WHEREAS, the Village Board has determined that the granting of a renewed Class 6b Classification to the Applicant, for the Subject Property, would be beneficial to the Village;
NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Orland Park, Counties of Cook and Will, State of Illinois, that the request of the Applicant to have the Subject Property declared eligible for renewal of the Class 6b ...
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