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HomeMy WebLinkAboutRes 42-15 12/15/2015 In Support of Capannari Ice Cream Application for Cook County Class 6B Property Tax IncentiveRESOLUTION NO. 42-15 A RESOLUTION IN SUPPORT OF CAPANNARI ICE CREAM, 701 WHEELING ROAD, MOUNT PROSPECT, 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, Capannari Ice Cream has requested the Village of Mount Prospect to support their application for a Class 6B Property Tax Incentive at 701 Wheeling Road; 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 Property Tax Incentive from Cook County for the Property located at 701 Wheeling Road, and legally described as: Unit number 1 in the 601 E. Kensington Road condominium, as delineated on a plat of survey of the following tract of land: a tract of land being Lot 1 in the Arnah-Stone Subdivision of the North 644 feet of the West 450 feet of Section 35, Township 42 North, Range 11 East of the Third Principal Meridian, Cook County Illinois. Property Identification Number 03-35-200-070-1001 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 15th day of December, 2015. Karen M. Agora s, Interim Deputy Village Clerk Page 2/2