Title
A RESOLUTION SUPPORTING AND CONSENTING TO A COOK COUNTY CLASS 7C REAL ESTATE TAX ASSESSMENT CLASSIFICATION FOR THE PROPERTY LOCATED AT 16155-16160 S. LAGRANGE ROAD IN THE VILLAGE OF ORLAND PARK
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WHEREAS, the Village of Orland Park (the “Village”) desires to promote the rehabilitation and utilization of abandoned or vacant buildings, structures, and properties 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 owners of property, on which there are abandoned or vacant buildings or structures, in certain cases, with a reduction in the assessed valuation of the property in order to induce and encourage commercial projects which would not be economically feasible without assistance; and
WHEREAS, Wrigley Hospitality, Inc., (the “Petitioner”), has applied, or is applying, for the Class 7c Classification under the Ordinance and has proven to the President and Board of Trustees of the Village (the “Village Board”) that such Class 7c Classification is necessary to encourage and induce rehabilitation, improvement and occupancy of the real estate identified below (the “Subject Property”); and
WHEREAS, the Village Board supports and consents to the filing of a Class 7c Classification application by the Petitioner, with the understanding that any owner and/or occupant of the Subject Property must meet the Class 7c Classification qualifications for the rehabilitation, improvement and occupancy of the Subject Property; and
WHEREAS, the Village Board has determined that the granting of a Class 7c Classification to the Petitioner, 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 Petitioner to hav...
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