HomeMy WebLinkAboutRes 33-15 10/06/2015 In Support of Nicholas and Associates for 6B Property Tax IncentiveRESOLUTION NO. 33-15
A RESOLUTION IN SUPPORT OF NICHOLAS AND ASSOCIATES, 1061
FEEHANVILLE DRIVE MAKING APPLICATION FOR COOK COUNTY CLASS 6B
PROPERTY TAX INCENTIVE
Passed and approved
by the Mayor and Board of Trustees
this 6th day of October, 2015
Published by authority of the corporate
authorities of the Village of
Mount Prospect, Illinois,
the 6th day of October, 2015.
RESOLUTION NO. 33-15
A RESOLUTION IN SUPPORT OF NICHOLAS AND ASSOCIATES, 1061
FEEHANVILLE DRIVE MAKING APPLICATION FOR COOK COUNTY CLASS 6B
PROPERTY TAX INCENTIVE
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 industrial properties to become established in Mount Prospect, Cook County; and
WHEREAS, without the Cook County property tax incentives, the Village of Mount
Prospect is at a competitive disadvantage with the neighboring counties of Lake and
DuPage in attracting industrial development; and
WHEREAS, Nicholas and Associates has requested the Village of Mount Prospect to
support their application for a Class 6b real property classification at 1061 Feehanville
Drive; 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 for the Class 6B Renewal from Cook
County for the Property located at 1061 Feehanville Drive and legally described as:
LOT 308 B IN KENSINGTON CENTER SUBDIVISION 15, BEING A RESUBDIVISION OF
LOT 308 IN KENSINGTON CENTER PHASE 3-1 BEING A RESUBDIVISION IN PART OF THE
NORTHWEST Y4 OF SECTION 35, TOWNSHIP 42 NORTH, RANGE 11, EAST OF THE THIRD
PRINCIPAL MERIDIAN IN COOK COUNTY, ILLINOIS
Property Identification Number 03-35-102-030-0000
SECTION TWO: That the Village of Mount Prospect supports industrial growth, increased
employment and economic development and this proposed development and the
"property" is in furtherance of this goal.
SECTION THREE: That this Resolution shall be in full force and effect from and after its
passage and approval in the manner provided by law.
AYES: Hoefert, Matuszak, Polit, Rogers, Saccotelli, Zadel
NAYS: None
ABSENT: None
PASSED and APPROVED this 6th day of October, 2015.
Arlene A. Juracek
Mayor
� �
Li a Angell
Village Clerk
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