HomeMy WebLinkAboutRes 06-99 02/16/1999VWL
2/11/98
RESOLUTION NO. 6-99
A RESOLUTION IN SUPPORT OF SCOTTY'S HOME MARKET
MAKING APPLICATION FOR COOK COUNTY CLASS 6B TAXABATEMENT
WHEREAS, the Village of Mount Prospect encourages community development to provide
for economic growth and career opportunities; and
WHEREAS, through property tax incentives offered by Cook County, various opportunities
exist for new businesses to become established in Mount Prospect, Cook County; and
WHEREAS, without the Cook County property tax incentives, Mount Prospect is at a
competitive disadvantage with neighboring counties in attracting industrial development;
and
WHEREAS, Scotty's Home Market, located at 1301 and 1401 Feehanville Drive and 420
Kingston Court in the Kensington Business Center, has requested the Village of Mount
Prospect to support their application for a Class 6B real property classification; and
WHEREAS, the corporate authorities of the Village of Mount Prospect believe that their
request is in the best interest of the economic development in the Village of Mount
Prospect.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION' ONE: That the Mayor and Board of Trustees of the Village of Mount Prospect
do hereby support and consent to the application of Scotty's Home Market, located at 1301
and 1401 Feehanville Drive, and 420 Kingston Court within Kensington Business Center,
for a Class 6B property classification from Cook County, for the property legally described
as follows:
Lots 1, 2, and 3 in Kensington Center- Resubdivision Twenty-five in part of
the Northeast ¼ of Section 35, Township 42 North, Range 11 East of the
Third Principal Meridian in Cook County, Illinois
and further identified by Permanent Index Numbers 03-35-200-049, 03-35-200-050, and
03-35-200-051.
B Tax Abatement: Scotty's
Page 2 of 2
SECTION TVVO: That the Village of Mount Prospect supports industrial growth, increased
employment and economic development and this proposed development is in furtherance
of this goal. The Board of Trustees of the Village of Mount Prospect further finds that this
incentive is necessary for development to occur on the Subject Property.
SECTION THREE: That development of the property is subject to compliance with all
requirements of the I-1 (Light Industrial) District and development standards of the
Kensington Center for Business.
SECTION FOUR: That this Resolution shall be in full force and effect from and after its
passage and approval in the manner provided by law.
AYES: Clowes, Hoefert, Lohrstorfer, Nocchi,
NAYS: None
ABSTAIN: Wilks
ABSENT: Farley
PASSED and APPROVED this 16% ,, day of February. ,1999.
Timothy J. Co,,~ora.,l~
Mayor Pro T~m /
ATTEST:
Vel ~mgVV, Low¢/~/7'~
Village Clerk