Title/Name/Summary
A RESOLUTION DETERMINING THE APPROPRIATENESS OF CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE, AS FROM TIME TO TIME AMENDED, SPECIFICALLY FOR THE SPECIAL ASSESSMENT OF ABANDONMENT OF LESS THAN 24 MONTHS, AS WELL AS SUBSTANTIAL REHABILITATION FOR CERTAIN REAL ESTATE BEING PURCHASED BY SEIDA PROPERTY MANAGEMENT D/B/A RIVERDALE BODY SHOP, AND LOCATED AT 10714 W. 163rd Place (UNIT A & B) ORLAND PARK/COOK COUNTY, 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, 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, Seida Property Management, LLC, d/b/a Riverdale Body Shop, an auto manufacturing, fabricating, warehousing and repair company, presently locating to 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 - with special circumstances” for certain real estate located at 10714 W. 163rd Place in the Village of Orland Park, Cook County, Illinois, with the pins # 27-20-407-003-1001 & # 27-20-407-003-1002 and legally described as LOT 44 IN BEEMSTERBOER INDUSTRIAL PARK PHASE 3, BEING A SUBDIVISION OF PART OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 20, TOWNSHIP 36 NORTH, RANGE 12 EAST OF THE THIRD PRINCIPAL MERIDAN and
WHEREAS, the Village of Orland Park has determined the property mee...
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