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HomeMy WebLinkAbout5.4 RESOLUTION IN SUPPORT OF GRAYHAWK4, LLC'S APPLICATION FOR RENEWAL OF A CLASS 7C TAX INCENTIVE FOR 1501 FEEHANVILLE DRIVE AND 430 LAKEVIEW COURT4/15/2020 BoardDocs® Pro Agenda Item Details Meeting Mar 17, 2020 - REGULAR MEETING OF THE MOUNT PROSPECT VILLAGE BOARD - 7:00 p.m. Category 5. CONSENT AGENDA Subject 5.4 A RESOLUTION IN SUPPORT OF GRAYHAWK4, LLC'S APPLICATION FOR RENEWAL OF A CLASS 7C TAX INCENTIVE FOR 1501 FEEHANVILLE DRIVE AND 430 LAKEVIEW COURT Access Public Type Action (Consent) Preferred Date Mar 17, 2020 Absolute Date Mar 17, 2020 Fiscal Impact No Recommended Action Approve a resolution in support of Grayhawk 4, LLC's application for renewal of a Class 7C tax incentive for 1501 Feehanville Drive and 430 Lakeview Court. Public Content Information The Village approved a Class 7C property tax incentive for Grayhawk 4, LLC for the Mount Prospect Ice Arena in the Kensington Business Center in 2016. Grayhawk 4, LLC purchased the building and converted the former office/warehouse space into an arena with two full ice rinks, a full service restaurant and pro shop. The Arena opened its doors in the fall of 2016 and has been a huge success offering ice hockey, figure skating and free skating to the public. They host several tournaments throughout the year, drawing teams and fans from throughout the region who in turn support local restaurants, hotels and retail establishments. The Village has granted several Cook County Class 6B tax incentives to attract and retain industrial and warehouse businesses. The 7C incentive is similar in structure to the Class 6B program, but is designed for qualifying commercial properties in the county and is effective for only 5 years (Class 6B is effective for 12 years) and can be renewed for one additional term if supported by the Village. The Class 7C incentive reduces the assessment level for qualified commercial facilities from 25% to 10% for the first 3 years, 15% for year 4 and 20% in year 5. After year 5, the assessment level returns to the full 25% for the benefiting property. If the abatement is not granted they estimate that their tax bill would increase to approximately $5.60 per square foot. Similar properties in nearby Lake and DuPage County range from $2.50 to $3.50 per square foot. Staff has reviewed the petitioner's application and is supportive of the requested renewal. Alternatives 1. Approve a resolution in support of Grayhawk 4, LLC's application for renewal of a Class 7C tax incentive for 1501 Feehanville Drive and 430 Lakeview Court. 2. Action at discretion of Village Board. Staff Recommendation Staff recommends that the Village Board approve a resolution in support of Grayhawk 4, LLC's application for renewal of a Class 7C tax incentive for 1501 Feehanville Drive and 430 Lakeview Court. https://go.boarddocs.com/il/vomp/Board.nsf/Private?open&login 1/2 4/15/2020 BoardDocs® Pro Ice Arena 7C Renewal application.pdf (1,608 KB) Ice Arena 7C Renewal cover letter.pdf (76 KB) 7C Resolution (1501 Feehanville Drive) Grayhawk.pdf (71 KB) Administrative Content Executive Content All items under Consent Agenda are considered routine by the Village Board and will be enacted by one motion. There will be no separate discussion of those items unless a Board member or member from the audience so requests, in which the item will be removed from the Consent Agenda and considered in its sequence on the agenda. Motion & Voting Approve the List of Bills - February 26, 2020 - March 10, 2020 - $5,008,266.13 Motion by Michael Zadel, second by William Grossi. Motion Carries Yea: William Grossi, Eleni Hatzis, Paul Hoefert, Richard Rogers, Colleen Saccotelli, Michael Zadel https://go.boarddocs.com/il/vomp/Board.nsf/Private?open&login 2/2 RESOLUTION NO. A RESOLUTION APPROVING A CLASS 7C REAL ESTATE TAX INCENTIVE RENEWAL FOR THE BENEFIT OF GRAYHAWK 4, LLC, LOCATED AT 1501 FEEHANVILLE DRIVE AND 430 LAKEVIEW COURT, MOUNT PROSPECT, ILLINOIS, PURSUANT TO THE COOK COUNTY REAL ASSESSMENT PROPERTY CLASSIFICATION ORDINANCE WHEREAS, the Cook County Board of Commissioners has amended the Cook County Real Property Assessment Classification Ordinance (hereinafter referred to as the "Ordinance") to provide real estate tax incentives to property owners who build, rehabilitate, enhance and occupy property which is located within Cook County and which is used for commercial purposes; and WHEREAS, The Class 7C Incentive — Commercial Urban Relief Eligibility (CURE) of the Ordinance (the "Class 7C Tax Incentive") is intended to encourage commercial projects which would not be economically feasible without assistance, and is available to real estate used primarily for commercial purposes, including the buying and selling of goods and services; and WHEREAS, the Village of Mount Prospect (hereinafter referred to as the "Village"), consistent with the Ordinance, as amended, wishes to induce commercial businesses to locate and expand in the Village by offering financial incentives in the form of property tax relief; and WHEREAS, Grayhawk 4, LLC (hereinafter referred to as the "Owner") is the owner of 1501 Feehanville Drive and 430 Lakeview Court, Mount Prospect, Cook County, Illinois (hereinafter referred to as "Subject Property") . The Subject Property is legally described in Exhibit A attached hereto and made a part hereof; and WHEREAS, the Subject Property was approved for a Class 7C Tax Incentive on March 16, 2016 and the incentive started with tax year 2017; and WHEREAS, the Owner has applied to the Office of the Cook County Assessor for a Class 7C Tax Incentive Renewal relative to the Subject Property; and WHEREAS, the Subject Property will continue to be utilized by the Owner for commercial purposes, in the form of an ice facility with two (2) regulation size ice rinks and related amenities including a full service pro shop and onsite restaurant; and WHEREAS, the Village President and Board of Trustees of the Village of Mount Prospect, having duly considered the request of the Owner, express their support for and consent to the Class 7C Tax Incentive Renewal for the Subject Property, find and determine that the use of the Subject Property by Owner is necessary and beneficial to the local economy and finds such support and consent to be in the best interests of the Village and its residents and property owners. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COUNTY OF COOK, STATE OF ILLINOIS, AS FOLLOWS: SECTION 1: The President and Board of Trustees of the Village of Mount Prospect find that the Subject Property is appropriate for Class 7C Tax Incentive Renewal benefits pursuant to the Ordinance, as amended; and SECTION 2: The President and Board of Trustees further finds that the Class 7C Tax Incentive Renewal for the Subject Property commonly known as 1501 Feehanville Drive, Mount Prospect, Cook County, Illinois is necessary to encourage this commercial project which would not be economically feasible without assistance, and is necessary and beneficial to the local economy; and SECTION 3: Pursuant to the Ordinance, as amended, the President and Board of Trustees approve, support and consent to the Class 7C Tax Incentive Renewal application of the Owner for the Subject Property commonly known as 1501 Feehanville Drive and 430 Lakeview Court, Mount Prospect, Cook County, Illinois; and SECTION 4: The Class 7C Tax Incentive Renewal, pursuant to its terms, shall only be renewed to the Owner of the Subject Property for one term of five (5) years, effective with tax year 2020; and SECTION 5: Owner shall provide the Village Manager of the Village of Mount Prospect, or his or her designee, verification of the costs that Owner has incurred to build, rehabilitate, enhance and occupy the Subject Property, in the form of certified payroll reports, contracts, plans, or other documentation deemed required by the Village Manager during the term(s) of the incentive; and SECTION 6: This Resolution shall be effective immediately upon its passage and approval, or as otherwise provided by law. AYES: NAPES: ABSENT: PASSED and APPROVED this day of March, 2020 Arlene A. Juracek Mayor ATTEST: Karen Agorano s Village Clerk COOK COUNTY AsSESSOR COOK COUNTY AsSESSOR'S OFFICE - 118 NORTH CLARK STREET, CH I CAGOV I L 6 0602 PHONE: 312.443.7550 FAx: 312.603.3352 FRITZ KAEGII iK VVM.COOKCOUNTYASSESSOR.COM CLASS 7C Control Number RENEWAL APPLICATION 7CO027 11 1 A certified copy of the resolution or ordinance obtained from the municipality in which the real estate is located, or from the Cook County Board of Commissioners if located in an unincorporated area, must accompany this Renewal Application. This application, resolution and a filing. fte of $600,00 must be filed'. For assistance in preparing, this Reneml Application, please contact the Cook C,i ounty Assessor's Office, Development Incenfives Department at ('3112) 603-7529" Name:G hawk LC Telephone: ( 847 394-6200 Address: 1001 Feehanville Drive City, State: Mount ProWppt Illinois Zip Code: 60056 No Email Address: uaii 1.1 0 qina@nichoI@,s G M! M2 . .............. .. . Name: Gregory P. Diarnantopouto . . . ............ . . . Telephone:( 312 988-0207 Address: 225 W. Rand!j1ph Street, Suite 2950 City, State: Chicago, Illinois Zip Code: 60606 Email Address: AiggOverrosberkshire,,corn Street address: 1501 Feehanville Drive City, State: Mount Prospect,, Minois Zip Code: 60056 Permanent Real Estate Index Number (s): 03-35-200-063-0000 Township: Wheelin 03-35-200-064-0000 0 CE OF M - - - - - -- ------------- - - W'V" Arolivin DE. 0 2019 A3 W ....... ....... jj j Identification of Persons orEntities Ha,vin n I nterels,t I wwam Attach a current and complete list of all owners, developers, occupants and other interested parties (including all beneficial owners of a land trust) identified by names and addresses, and the nature and extent of their interest. Attach legal description, site dimensions and square footage, and building dimensions and square footage. Attach a current and detailed description of the precise nature and extent of the use of the subject property, specifying in the case of multiple uses the relative percentages of each use. If there have been any changes from the original application, include current copies of *60 materials which explain each occupant's business, including corporate letterhead, brochures, advertising material, leases, photographs, etc. ............. . . . . . . ... . . .......... Indicate the nature of the original development receiving the Class 7C designation [ ] New Construction [X I Substantial Rehabilitation [x ] Occupation of Abandoned Property How many permanent full-time and part-time employees do you now employ? On -Site: Full-time: - -2 Part-time: -14 In Cook County-, Full-time: 2 Part-time: 14 A certified copy of a resolution or ordinance from the municipality in which the real estate is located (or the County Board, if the real estate is located in an unincorporated area) must accompany this renewal. The ordinance or resolution must expressly state that the municipality supports and consents to this Class 7C Renewal and has determined that the current use of the property is necessary and beneficial to the local economy. N Oi n a Bertolini 1, the undbrsig'ned, certify that / have read this Renewal Application and that the statements set forth in this Renewal Application and in the attachments hereto are true and correct, except as those matters stated to be on infonnation and belief and as to such matters the undersigned certifies that he/she believes the same to be true. IIII I jjj-� Gina Bertolini Print Name Manager Title �j I I Date lz4m 1214118 INCENTIVES CLASS LIVING WAGE ORDINANCE AFFIDAVIT Gina Bertolini as agent for the applicant set forth below, who is seeking a classification incentive as referenced below, I do hereby state under oath as follows: 1. As the agent for the applicant set forth below, I have personal knowledge as to the facts stated herein. I 1It 2. 'The, property *Identified by PIN(s) with commonly, known address,(es), listed in, El� 'b* A attached Ali and herein incorporated; are/is the subject of a, pending application/re e, (circle a Ordinances tqftr one of thefollowing, development iricen,fives provided by the% Col appropna of Cook County, (See. 74-71), as amended: Class 6B Class 8 (Industrr`alproperty) Class 9 X Class 7 3. 1 have reviewed the Code of Ordinances of Cook County, Chapter 34, Article IV, Division 1 and The Cook County Living Wage Ordinance, Sec. 34-127 et seq., as amended (the "Ordinance'), and certify that the applicant is in compliance with the above referenced Cook County Living Wage Ordinance, due to one of the following options (check as appropriate): Applicant is currently paying a living wage to its employees, as defined in the Ordinance. xW X Applicant is not required to pay a living wage, pursuant to the Ordinance. Further plfapt saypth, q9t.1 Grayhawk 4, LLC 1001 Feehanville Drive,,. Mt. Pros ectIL 60056 Applicants Name Applicants Mailing Address lin)nib 2 hol, ual�YXOM _@�,Jcholasq 11 Applicant's Email Address Z6 Subscribed and sworn before me this am day of -h&CMES 20 of"Notary Public "OFFICLALL SEAL" JILL M. RAMION Notary Public, state of Illinois 4 MY arm ion E*I' EXHIBIT A (Please type or Print) PIN(s) Common Address 03-35-200-003-0000 150'1 Peehanville Drive it;. P res o f I1 5 050 '61,0103-35-200-004 -0000 430 Lakeview Court Mt. Prospect,, l L 00050 [This page is intentionally blank ] Ill. Identification of Persons or Entities Hqvi�ja.,.an Interest Applicant/Owner: Grayhawk 4f LLC, an Illinois Limited Liability Company, (the "Applicant") is the owner of the property located at 1501 Feehanville Drive, Mount Prospect, Illinois (PINs 03- 35--200--063/- 064) 3- 35-200-063/-064) 4 LLC Manager. Gina M. Bertolini 1001 Feehanville Drive Mount Prospect, IL 60056 (8 47) 394-6200 gina@nicholasquality.com Ownership: The Nicholas E. Papanicholas, Jr. Living Trust dated 11/21/2003 (25%) The Joseph J. Papanicholas and Abigail C. Papanicholas Family Trust dated 6/25/2014 (25%) The Anthony T. Papanicholas Living Trust dated 2/1/2007 (25%) The Nicholas J. Bertolini and Gina M. Papanicholas Bertolini Family Trust dated 10/10/2015 (25%) The Applicant's Illinois Secretary of State LLC File Detail Report is attached hereto. Tenant: Bricks on Ice, LLC d/b/a Bricks Wood Fired Pizza Cafe' LLC Manager Willard Wilson 15.01 Feehanville Drive Mount Prospect, IL 60056 ( 630 ) 936-3663 bill@brickswoodf'lredpizza.com Tenant's Illinois Secretary of State LLC File Detail Report is attached hereto. Tenant: Jerry's Hockey Warehouse President: Jerry Kucera 1511 Cypress Street Hanover Park, IL 60133 (847) 209-2366 jerry.kucera@]'-cloud.com Tenant's Illinois Secretary of State Corporation File Detail Report is attached hereto. Also attached is the legal description for Permanent Index Numbers 03-35-200- 063-0000 and 03-35-200-064-0000 taken from the Special Warranty Deed recorded by the Cook County Recorder of Deeds on February 23, 2016 as Document# 1605410005. Office of the Secretary of State Jesse White P" CNMMgn?1wXLfl\MC0M �6 Corporation/LLC Search/Certificate of Good Standing LLC File Detail Report File Number 05567114 �«,. ..... — mm~ . .....�m��„m Entity Name ORAYHAWK 4, LLC �a Status ACTIVE .... y, �bdG �wx,yp.µyd,�ry�pMRA^NX���nuWWM�'A�'W”Wmo�Gc�'�`^�MNM�INM�NiMi/�IIiIXPNYk�'W'hiWu�' 4NM�.. '�iWRYW�"P^TMNP�AW."91'u'^ �n�man��, ;�ilP. 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Agent Information rtn Name DONNA M WILSON Address 4273 STABLEFORD LN NAPERVILLE IL 60564 9 M u 41 d.. 1 m o' Change Date Friday, 9 September 2016 O f , A 9, Annual Report �r, �n For Year 2019 Filing Date Friday, 30 August 2019 Po Managers Name Address WILSON, WILLARD E 1501 FEEHANVILLE DRIVE MOUNT PROSPECT, IL 60056 Series Name rq NOT AUTHORIZED TO ESTABLISH SERIES Return to Search , File Annual Report Adopting Assumed Name Articles of Amendment Effecting A Name Change Change of Registered Agent and/or Registered Office (One Certificate per Transaction) This information was printed from www,eyberdrlvelilinols.com, the official website of the Illinois Secretary of State's Office. Mon Dec 23 2019 0 fir" ttice of .. Secretary of State Jesse White r i k �G�' rt '-"� �rrquwl'r�r(«�' J Yr�11'k �' O� LfiWWSa'1 Corporation/LLC Search/Certificate of. Good Standing 7 - File Number 50742652 �_.�.m �. ��rc���rmm'm�m�,mm�mmmm���r�,rc,rc,rc� ���.mrr���:�.mm�.mm......._.._��..��.�,..r,..,..r���n�� ��,�� ���� �� ��� ��� ���« �����mr mmm� ��r�.� .,✓���� ���r �� Entity Name JERR'Y'S PRO SHOP, INC. �II Status ACTIVE rvrcl�� ,;w�=J�J�rcrcrc«ate-'� � �m�m�mm�'✓:n�a~,�w'.m� ����;.�� �,,���,��nw�,.���. �w„�IM„�. _ � _ ��Iw G Entity Information mr °" Entity Type m CORPORATION fw11. 1.4 Tr d 6« eOn, M. w.R W, rc M ¢ p ,. mo .,, 0. y *,,14,0 .qHAr . Iq' ;gym p' wi w Type of Corp h DOMESTIC BCA ,. : s w ✓ iu Y • . � �+�' _. � - +- a. m a � r -� � w try +� w nr me m'r uo- imn �w w mr w � 56 x' NP ,n-ik •PW i,. ,4s'u m ,� yrr m. mope w,t .ux m .. N u. x. � x., �¢ mai it w a. rg uou iµ � � uuv of ruuun w � ri N w: �w a au, ,. im � mr rm n aY. Incorporation Gate (Domestic) Friday, 26 ,September 1975 mmrr mm �; ,�an �; �,,, m,, �M ,. �mm mmm � ar r.. .e ,a n'ra r,w,a �n »� - a. ��: w..w w .a .. „a � � ,�„ ro', .no � � ..n -�' m n• v: r� arm �a �v nc, � � nnv w, ,rr,.. m , � ;« ; as 'a M.,uµ� mmmm � « , m. �. ro mm m. a o m r. ,rare +. mmmmm anm ® mm m mm . »r mm � r.. ra � , o; „ -m mm -a'r m»^ ,aw � ro 9 A �, � . , . « ,mm w w ,m State ILLINOIS N rr'n. e , nmm mm, n m x m,it µ wY W 'Ww.µv✓ 10 ,.,,. ,. �m W.. rm: mv� nn. pr'..,p, 'M'"w WKK ,, r k;. ,. rp u r nunr,W" '+W rw 4AY dye gYq� VW ,Jpm. 'rA�;p 41.,, a N'�^ nI vX,ra i. ,„'�w'"" `<Mi �.r,P �'7 M N. A,rl. au.r;aYr _wJ'kW;Y W IM I��a+" ✓waw �W,y r- w Duration Date PERPETUAL aMAf0 0 're. µ . . �04v; 01' W � w�,� w .� 'ow nm° w �a u. ,; a �� .,,, uxrw n^ �.^ .. Inn re m ,. �.r �. w. >4 . w�� ,�' n �'.. :�, �ti . �� .� �.. r. ✓r .n . a. ,:, In '�w'� � a� rc �. P Agent Information a BIG .���, �,��w ��-m' mm r «.rc®gym .�. +.>� ,e.u., w ✓ _ n �. >pr �. uw v «, «; « e w a « rc m �. n r rcr n rc �e rc n. Name r �I ROBERT J MOADO 4 N oq 10 iu w u�r 'nnb ., <w, n nm, µ a W M a uu � 6Vu xr yr m r a ,m. � ry im' mm mn ure n iu re nirmai p3 a mi ne ue oi'ow a, 4µ u. w� m uU n r in ur uv vn m. ',L µ an§ µ mr!mm, a u. mm �, Address 375 W MAPLE AVE ROSELLE, IL 60172 Change Date Tuesday, 18 August 2009 l, 4 1 mf Annual Report Filing Date Thursday, 8 August 2019 '10 For Year 201 9 a nJ � � I� � �� � � � � w� m �w rxr ,� � z m � m w� mm �we.w � w�e �m � a �� ,m � w m � ! n� _W� � w� �...� ��.�..�� x.w �.m. m..�,. �.. �n�w�..m . . �_ �,J w�.. � _e.�Jam..� .....rmJX�x��� ���xnw� wa�lm..w. Officers President Name & Address JERRY KUCERA 1511 CYPRESS ST HANOVER PK 60133 "I I Mw lrM 9 e 0,00 Secretary Name & Address JUANITA KUCERA SAME Assumed Name I'll 10 INACTIVE Xy AAA GOLF AND HOCKEY INC. fi 11 vJ '4 1 0 P,., s a "l -",.I ACTIVEaL JERRY'S HOCKEY Return to Search File Annual Report Adopting Assumed Name Articles of Amendment Effecting A Name Change Change of Registered Agent and/or Registered Office (One Certificate per Transaction) This information was printed from www.eyberdrlvelilinols.com, the official website of the Illinois Secretary of State's Office. Mon Dec 23 2019 ti L 1605410005D Page: 3 of 7 Exhibit A to the Special Warranty Deed LOT 510 IN KENSINGTON CENTER - RESUBDIVISION TWENT • NINE, A RESUB. OF LOTS 509 AND 509 (BEING ALL OF) KENSINGTON CENTER. - RESUB. TWENTY SEMEN, A. RESUBDIVISION OF LOTS 505 AND 507 IN KENSINGTON CENTER. -RESUBDIVISION TWENTY SIX, A RESUBDIVISION OF LOTS 503 & 504 IN KENSINGTON CENTER RESUB. 22 A RESUB. OF LOT 53 AND VACATED PORTION OF LA.KEVIEW COURT IN KENSINGTON CENTER. - RESUB. 17 A RESUB. OF LOTS 502 & 503 IN KENSINGTON CENTER - PHASE 5, A SUB IN PART OF THE NORTH EAST 114 OF SECTION 3 5, TOWNSHIP 42 NORTH, RANGE I I , EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF FILED JANUARY 21, 1993 AS DOCUMENT 93054431, ALL IN COOK COUNTY, ILLINOIS. LOT 511 IN KENSINGTON CENTER -RESUBDIVISION TWENTY IMINE, A RESUB. OF LOTS 508 AND .509 (BEING ALL OF) KENSINGTON CENTER. - KESUB. TWENTY SEVEN, A RESUBDIVISION OF LOTS SCIS AND 507 IN KENSINGTON CENTER -RESUBDIVISION TWENTY SIX, A RESUBDIVISION OF LOTS 503 & 504 IN KENSINGTON CENTER, RESUB. 22 A RESUB. OF LOT 53 ANIS VACATED PORTION OF LAKEVIEW COURT" IN KENSINGTON CENTER. - RESUB. 17 A, RESUB. OF LOTS 502 & 503 IN KENSINGTON +CENTER. - PHASE 5, A SUB IN PART OF THE NORTH EAST 1/4 OF SECTION 35, TOWNSHIP 42 NORTH, FLANGE I I, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF FILED JANUARY 21, 1993 AS DOCUMENT 93054431, ALL IN COOK. COUNTY, ILLINOIS, Permanent Index Number: 03-35-200-063-0000 and 03-35-200-064-0000 Commonly Known as: 15031 Feehanville Drive, Mount Prospect, Illinois 60056 and 430 Lakeview Court, Mount Prospect, Illinois 60056 112963319.2 I I U Prlii OeM SO 10 11 go V V AV W W W W W 1W V 40 W do M 40 Wr V V V do W I W W M W For additional information please visit the following sites: mp-ice.com bricksvino odfiredpizza.com j erryshockey. com Also attached are photographs of the property and the tenant leases. GO0X!G06MYASSES80R18 OFFICE 118 NORTH CLkiK $tMET�,,CHICAGO, IL 60602 COOK COUNTY ASSESSOR ae„6, PHONE: 312A,6316601 FAX: 312.603.6684 FRITz KAEGI i , k, `� OUNWASSESSMCOM WWI W.0001 XCO all, a INs affidavit alises from section 74;-.74. Please see the followingw6site for the Co# Municode.com AppHcations: 2& new applicants axe teq=' ed. t6 submit this affida�it with their, their appeal fcsr class chand*&%&G Renewals*. all renewal applicants are required to subnuot this �ffidftvitwith theu" ren,649 4ppficadon,, Annual Affidavilv. allincen&es classes are required to submit this affidavit on -an an , a ul, al, basislo Original applicant occupied 'incentive property must sign the affidavitil Non -ID V`nal applicant occupied incentive pr9perty requites that the-owner(s) and t6 �ubniit this iffidivit. All Subittandat owners: must fil-e this Affidivit. Mail, each office an otional completed -Affidaviu, Cook County Assessoes Office Cook Couiaty Bureau of Economic D Incendvos, DVartmetit Department of Planning and Dmdnt 118 Noxth Clafl� 314 Floor 69 West Witshington,"Suite 2900' ChicagD� Illinois 6NO2 Chicago, Minois 60602 MEMMM= 1� DeNjAms A substantial owner meansp "'any personwho owns or holds a 25 pacent or moxe in any busincss enfity sieekhig a County pt!-4flege, induding those shareholders, gen 01 benefidaties and principals; except where *1 business endty 'I'S an indWi&aI F AI sole I sub.stgndal owner mcans that iiadividtial or, sQle propdetor!" See Section 34-3,67. If ,you havo. any qucsd=6 regarding ibis -affidaviit you shoWd contact the Cook d#jU!1tY' DepRrtment,o Human lUghts. i I'll :MR IN Gina M. Sertolini 017,/jOl/r, W104 VO), i'uq, "a grefor d m, "'Lp!) H crui t S ct for th he Ilejow, who is so C.1c iag 'el cloms'sifi-ca doll ltl�cnuvc u rcfci,-,cnccd belou iluct hmring, p c, a, ri-4.,d kno-Arledge of all, Cents,- �macd lim-eiri7 I do hereby st,,itc tincler mth subjeaoto penaltics of perjklry#1.q fbhows: "llic property. iclentificd by- FINN %fv'th,, con-unonly Icnowti is) listen c E,.�-`x1iibjx A a-mached qna /*S the -sub'cct lof this App fcat Or herein mcorp()-x�,tted?',1re I e i Ado mr tip, /); P) itak) fo k one o r tie fok,%V'ing Dex clopnient Inc-mithres -p-rovided by, dic CocTe of xv 11"vancens oC'Cook Gounty, Clmi ter -74 -ricle 11, Qivision. -, "Ir C o u 11 r It ci, .1 P to p 6r Ly. A ss es s mv, n Li C1 -,i s Sil fi ca d o, n 0 art n, �, ii c 2 Ile Coo'k tj 01 e, as,,imerided (rh-cle -till 11. id, appjlr Cl ass 6 (hit) Ilass 7 i Clas s 8 (0) Clas s S Class SJ tO ,GJ,,!S,q 9 Class S Class L Class C I. Tbe Cook County Afsgessor's Of-d-ce h,,is -untzed tbt -ft,)Ilmwing Contru-1 Nt AppRcatimo,`e%Va'd N-Irqppj-opjj��� 7CO0,27 -- Decjemba3o, 2019 io *10 N `"lie applic.,tint (rhvI, one) Has [I as 1olned the Cuol� Coonty. Nfinuilllm \Ni*tqgo :Ordi-nance, C, Ou c You -nr Cluipter 421 Dirision '2 ;ft,..q mncndcd'. chilm-,q, violtitioa,, jou xju(%t�tl at, the I -cndve be 11010 Feehanville UrIve, Mt. Prospect, IL 60056 Aga ek'& U1 NI'm Grayhawk. 4, LLC glna@n1choNsqua1ity-.,cOm, Ali priume.4'r."U.1 It :Ad( I roq.4 Glno M, 13'ettolhAj Monager NAme &- ThIc ENEMER 1001 FeehanVifte, Drive,, Mt. Rr ------ ---- - ----------- Apjfcm"7.k i%Nling Adjecii Subscribcd quid sworn bac famme this d4y of 20 If WIP "O"WM SEAV JILL M. RAMION Notary Pubffci WO Of Iffinds 1ervl [zl COOK MAN + i r ir' FRiTz. IM''aftVAQU This affidavit anises ftom Sections 74-71, 74-72, 74-74. Please. see the fob i 'website, dor the Cook County C. rdin=ces: Murico deco 113,61ft 9191410off Reciplerits of Incentives-, a1l xeap%eats of an incentive.a,re required to submit.this affidavit. ,,A,pplications: . n i applicants are required to s bn-it this affidavit with their. 'ib� 4,a� p � ., o �� their appeal dor c1asa -chan 4 Renewals:: all .renewal.. app cants are required to submit this affidavit with their rent , application. A I , Substantial, ownets, owners, o dupiers �incliudes ,Wl tenants) must file des affidavft. MaH. each �fflce Wr affidavit: Co6k County Assessoes Office CookBureau of 10, k6eadves Department Department of Planwng, and,,Devuu I IS North Clar1t, 3" Moor "69 West 1 WaW n9to n3i 8�fte 2900 C 111in6ls,60,60,2 ChkVNJMinois 6%02 AdAw''0jus- I A substantial owner meairis: `zany. person who owns or Lords .a 25 percent or snore vercentage of interest in any business . entity see a County privilege� including those ��zha�reh6 dets, ' ne or i� ted, partners, beneficiaries andprU CJ pal except where business entity is an individual ox sole proptorship substantial owner means that idiv u o.r'sole proprietor." See Section 34 367. ive. Years pAor to application means: five pears ptiot to the10.7ear term ��of the fin at That ma ns sfyou ate on t renewals term, your tLme game ,for the: statement .is 5 pew prior to the of the durr+ew incendv'e term. ..Five pearsprior to the ap 1icadon shaU aido rnca , (365, x 5) clays pl, `or� to the date stamp on pore application6 ft j Gjn,a W Bertolim 711 /it an I a-applicaj n -t, set for fli e (PI * �1?01v. vile) sts igC , t f below, NV.110 is Aeeldi. V0,1.6issfficeadon facendre as rercremcd balow emd finving per lonal kriowledge Of"all, facts stated 1i or cin, I do herebr Lsmtte under ogth subject: to pewi I ties of pcuvy. es "Hlow, s: A eattached -find LIM --:one of the herein hicorporated, ,ire/is the gubjecr, or-flijs Applicatioja Renewrat], fy.r,ep pw for foll owing Dm. relopment Tmentives proviWed by the Code cfHa as of Cool''. County, Chapter 74, Artide 11 Divi:;ion 2 The ("ook. County Real Ordiviace , asameixled 0vk (/1/ 1/, Pei/ eywi ? 1� Yom,. P) vp 0 t -!Y) Class 6 (all) ., Class 7'(,nd1)1'-'- Class 8 (all) C ha sa S Class SIR,10 "Class 9 C1 -q -S -S 9 Class L less C L OL, N,YLA,B�R--LAM is 71.10. Gook CO cSsot'g, Offica iisksilled, tlie, rW owu'l -Co tr I N I 0, Appli"doil, Renm,4 els flpplvfi--��egt). 7"C''002-7 regataig I Id the iippumiSII ^01SII AM subn 'tted-,on Decemb r 30- 2 U. i# 000 ii i 00*,ffiih,w el ,,, 11 019 A. If you axe m m, folp o, iolated IVC, ne applicant (mrle Olfq) 14'Its Not ge thee Illinoit Wnge Pa-,vmcnnind Collecti'an �kct, The Wnols Nfinftnum 'a 7 V �C mnols Wbrker AdjUSSM-101t --R0,tr1R1miig Nlod*fic,,tdon.� Act, the.'Iffinots Employee ftxation Adt� the T'" &A -A Worlswn Adjustime.m.,,ind Ri�.trid`fiing Notifflneid.oh, Act, thc� Fed aral Fair Labor S r. n n d-irt rds Act- -,.vn d -o r a ny c o m p am b] c s m cc s tq, tutee or reg 61 a d o n -o f Stlilt I h 1, I #p end *;acluding vo-ar's D 11,Aff of the Tocendire. Tf � pug t o, —,.T1you smte,, r n, you Ytre qulitie d to receir. e cin Iticentive class and youshould not can 6 nu C- tha, ap P�` ,atioti process. B;- If vou.-are anistl*n Itic the 'q pticmt (Vi-ellemie) Has 311 Qzs920 i p Wage Rivilient and' Collectioii- Act., The Illinois Mfnin,10111 W-lorket .1kdjustment Retrain .h)9r-,N.odfic,afioi) Ac(. die dfliriois ttl-aplo.)' cc C14 the Ecdc1mil Worker Adjuswicm -,md' RetrAoIng NOq,,5c,*,1t1'o,n Ac ., the Fed Sveitidards Act -,qnd/arq-Ay compnerlq*bk° st,,im staute ot'..rogtil'aia.-n of.auv StIll F, e-a-raim Ox"La-th, C', of" the 111ceiltive'. [21 A111 :1 0 r 4,1�o `eh 1,ArtA,t v +Ot, the flRaols �ifimatloji Act,, mtF,-iir Labnr stud iftchiding Co. if ee� yon h�.ve01 at dry lab�or law anywhere in the U, ni �ed States, sfate that the ap►pReant. (drele acne) Has,, / Hai i Not cared the violation within 45 d4ys of re{cexving.this affidavit. If yoti did not curs 45 d ayrs., you must request that -the Incentivei he terminated. Failure to return thezffidawt vid in 45 gays cif mailing shall result in an auto tic termination of the Incentive for faflure to state Compl at.ee. ayet 1,00', F4ebaMdkR;!M1""Mt. ptols"Rec IL 600M, r Gtayhawk4, LLC APAWs gina,@.r�icholasqu,ali.ty.com a a ..0 (841) 9.0 ► M •- 0 Subscfibe,d and swom �efbxe me this ac!!_ . ...... . .. &Y Of [3] V�Kitk 0- L -74 r [4] I ,.111107 \ _ \\ ,� ur 4 .: SIR - \� 'M OW ATTORNEYS AT LAW Mayor Arlene A. Juracek Village of Mount Prospect Village Hall 50 S. Emerson Street Mount Prospect, IL 60056 DATE CONCERN PAGE 01.21.20 Class 7c Renewal Application 1/2 Grayhawk 4, LLC (MP Ice Arena) 1501 Feehanville Drive, Mount Prospect, IL 60056 PINs: 03-35-200-063-0000, 03-35-200-064-000# Dear Mayor Juracek: On behalf of Grayhawk 4, LLC (the "Applicant"), please find enclosed a completed Cook County Class is Renewal Application, which was submitted to the Cook County Assessor's Office on December 30, 2019. Completed in September 2016, the Mount Prospect Ice Arena is a state of the art sports facility ideally suited for major tournaments and special events. The approximately 71,000 square foot arena sites on approximately 10.73 acres of land with available parking for over 300 guests. It is located within the Kensington Business Center in Mount Prospect, Illinois. The facility includes two full NHL size sheets of 'ice, one of which has been designed to accommodate ADA accessible activities and sled hockey. The facility includes spectator seating for 450 fans at each rink, 10 team locker rooms, and a full service pro shop (Jerry's Hockey). The on-site restaurant (Bricks Wood Fired Pizza Cafe) offers a full bird's eye view of both rinks from a conditioned indoor space located on the second level of then facility . The Board of Trustees of the Village of Mount Prospect passed Resolution No. 12-16, approving a Class 7c real estate tax incentive, on March 16, 2016 and the 'incentive started with tax year 2017; therefore, tax year 2019 is the third year of the incentive, and we are requesting that the incentive be renewed effective with tax year 2020, for a term of five (5) years. The Applicant requests that the Village Board review the enclosed materials and consider a resolution, which supports and consents to the renewal of the Class 7c incentive, at an upcoming Village Board meeting. 225 VVEGF RADD STREET 312.701,1234 SUITE 2950 312,701,1222 FAX CHICAGO, ILLINOIS 60606 VERROSBERKSHIRE.CoM Please do not hesitate to contact me at (312) 988-0207 if you have any questions or if you need any additional information. Thank you for your consideration. Sincerely, Gregor' Ii.amantopoulos cc: William J. Cooney, Jr., Director of Community Development Michael J. Cassidy, Village Manager Lance Malina, Village Attorney