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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 have the Subject Property declared eligible for the Class 7c Classification under the Ordinance, is hereby granted, in that the Village Board has determined that the incentive provided by the said Class 7c. Classification is necessary for the rehabilitation, improvement and occupancy of the Subject Property to occur.
BE IT FURTHER RESOLVED, that the Village Board finds that the Subject Property qualifies for purposes of the Class 7c Classification, and consents to the Subject Property being designated under the Class 7c Classification by the Cook County Assessor; with a copy of the Class 7c Classification application of the Petitioner, based on the rehabilitation, improvement and occupancy of the Subject Property as outlined by the Petitioner in said application, being attached hereto as Exhibit A and made a part hereof.
BE IT FURTHER RESOLVED that the Village Board hereby supports, consents to, and approves the Class 7c Classification for the Subject Property, pursuant to the Ordinance; said Subject Property being described as follows:
LEGAL DESCRIPTION:
PARCEL 1:
LOTS 4,5,AND 6 IN MAIN STREET VILLAGE - WEST, BEING A SUBDIVISION OF PART OF THE SOUTHEAST ¼ OF THE NORTHEAST ¼ OF SECTION 21, TOWNSHIP 36 NORTH, RANGE 12, EAST OF THE THIRD PRINCIPLE MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 27, 2006 AS DOCUMENT 0636109060, IN COOK COUNTY, ILLINOIS.
PARCEL 2:
EASEMENT FOR THE INGRESS AND EGRESS, PARKING AND UTILITIES, AS CONTAINED IN DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS OF MAIN STREET VILLAGE WEST DATED JUNE 20, 2006, AND RECORDED JULY 7, 2006, AS DOCUMENT 0618826081, IN COOK COUNTY ILLINOIS.
PERMANENT INDEX NUMBER 27-21-202-016; 27-21-202-015-0000 and 27-21-202-014-0000
COMMON ADDRESS: 16155 - 16160 S. LAGRANGE ROAD, Orland Park, Illinois 60462.
BE IT FURTHER RESOLVED that the Village Clerk is hereby authorized and directed to forward a certified copy of this Resolution to the Office of the Cook County Assessor.