Title/Name/Summary
A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 8 STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE, AS FROM TIME TO TIME AMENDED, SPECIFICALLY FOR THE SPECIAL ASSESSMENT OF “ABANDONDED PROPERTY WITH NO SPECIAL CIRCUMSTANCE” FOR CERTAIN REAL ESTATE LOCATED AT 15255 S HARLEM AVENUE, IN BREMEN TOWNSHIP, ORLAND PARK/COOK COUNTY, ILLINOIS, PIN NUMBER 28-18-100-056-1001 & 28-18-100-056-1003
Body
WHEREAS, the Village of Orland Park desires to promote the redevelopment, substantial rehabilitation and expansion of commercial industry in the Village of Orland Park; 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, which has instituted a program to encourage industrial and commercial attraction, retention, rehabilitation, and expansion in Cook County known as the Cook County Real Property Classification Ordinance; and
WHEREAS, Sosin and Arnold Ltd. on behalf of Medical Pavillions LLC, has applied for or is applying for Class 8 property status pursuant to said aforementioned ordinance, specifically as the ordinance covers “abandoned property with no special circumstance,” for certain real estate located at 15255 S Harlem Avenue, Bremen Township, Orland Park/Cook County, PIN No. 28-18-100-056-1001, and 28-18-100-056-1003 and legally described hereto; and
WHEREAS, Sosin and Arnold Ltd. on behalf of Medical Pavillions LLC has proven the need for the granting of the Class 8 tax incentive to this Board, and that such incentive provided for in said ordinance is necessary for re-occupancy of the space and reinvestment in said property to increase value and without this reinvestment the area would continue to decline and remain vacant and blighted.
NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village of Orland Park, Cook County, Illinois as follows:
SECTION 1
The request of Sosin and Arnold ...
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