HomeMy WebLinkAbout8.2 A RESOLUTION SUPPORTING KITAMURA MACHINERY USA, LLC'S APPLICATION FOR A COOK COUNTY CLASS 6B TAX INCENTIVE FOR THE PROPERTY LOCATED AT 451 KINGSTON COURTMr�GauC �'d'+rt;�iect
Subject A RESOLUTION SUPPORTING
A • '` FOR A COOKCOUNTY
613 TAX INCENTIVE FOR THE PROPERTY LOCATED
451 KINGSTONCOURT
Meeting October 5, 2021 - REGULAR MEETING OF THE MOUNT
PROSPECT VILLAGE BOARD -
Fiscal Impact false
Dollar Amount
Budget Source
Type Action Item
Attached to this memorandum is a resolution that would grant approval of a Class 6b
property tax incentive for Kitamura Machinery of USA, Inc. (Kitamura) for the property
located at 451 Kingston Court in Kensington Business Center. Kitamura is currently located
in a 10,000 square foot facility in Wheeling and would move their business to Mount
Prospect if the Class 6b incentive is approved. The 451 Kingston building totals 34,475
square feet and has been vacant for more than twenty-four continuous months, as stated
in the attached request document. Kitamura would be purchasing the property and has
allotted $1.5 million for site and building improvements.
The Village has granted several Cook County Class 6b tax incentives to attract and retain
businesses. The 6b incentive reduces the assessment level for qualified manufacturing and
warehouse/distribution facilities from 25% to 10% for the first 10 years, 15% for year 11
and 20% in year 12. After year 12, the assessment level returns to the full 25% for the
benefitting property. The 6b incentive can also be renewed for additional 12 -year terms if
supported by the Village.
Kitamura currently employs 17 full time individuals consisting of management,
administrative support and skilled technicians. They anticipate employing over 30 full time
positions once they have fully expanded into the new facility. They are a machining
1
operation that meets the needs of manufacturers around the world.
Kitamura is requesting the Class 6b incentive to reduce their taxes to around $1.50 per
square foot for the property. If the incentive is not granted, they estimate that their tax
bill would rise to $3.50 per square foot. Similar properties in nearby Lake and DuPage
County range from $1 to $1.50 per square foot.
Alternatives
1. Approve the resolution in support of Kitamura Machinery USA, Inc.'s application for a
Cook County Class 6b tax incentive for the property located at 451 Kingston Court.
2. Discretion of the Village Board.
Staff Recommendation
Staff recommends that the Village Board approve the resolution in support of Kitamura
Machinery USA, Inc.'s application for a Cook County Class 6b tax incentive for the property
located at 451 Kingston Court.
ATTACHMENTS:
Kitamura Machinery of USA, Inc. (451 Kingston) Request for 6B_9.21.21.pdf
6B Kitamura (451 Kingston) Resolution.pdf
2
i
1h 1` O 1, 1; I 41 °l If 1" , (,, ", �,N[
September 21, 2021
Bill Cooney
Director of Community Development
Village of Mount Prospect
Village Hall - 50 S. Emerson St.
Mount Prospect, Illinois 60056
bcooney@mountprospect. org
Re: Class 6b Incentive Resolution Request
Kitamura Machinery of U.S.A., Inc.
451 Kingston Ct.
Mount Prospect, Illinois 60056
PINs: 03-35-200-068-0000
Dear Bill:
Kitamura Machinery of U.S.A., Inc. ("Applicant") is seeking a Village of Mount Prospect
Resolution supporting and consenting to a Class 6b Incentive on the above -referenced property based
on occupation of an abandoned property that has been vacant for greater than 24 continuous months
with a purchase for value and substantial rehabilitation. The Applicant plans to purchase the subject
property and rehabilitate the same for Kitamura Machinery of U.S.A., Inc. to occupy for its operations
consisting of the assembly, warehousing and distribution of CNC machines and related parts/options to
the United States/Mexico/Canada/Europe dealer network as well as providing technical support, R&D
and design assistance to Kitamura Japan.
The subject property consists of an approximately 34,475 square foot vacant building located
on a roughly 128,177 square foot site. The subject property has been 100% vacant and unused since
May, 2017 and is in need of substantial rehabilitation for Kitamura Machinery of U.S.A., Inc. to
occupy the same. Therefore, the Applicant has allotted approximately $1,500,000 for improvements to
the subject property.
Based on initial inspections, these improvements will include painting, installing new carpet,
remodeling the kitchen, adding a new server room, building out the showroom, improving the existing
HVAC and adding new HVAC in the warehouse area as well as completing other general maintenance
and improvements. This rehabilitation will create approximately 8 to 12 construction jobs. Please
note that the items in need of rehabilitation as well as the costs associated therewith could significantly
vary as they are preliminary and additional reviews of the property as well as discussions with
contractors must be completed to detennine both.
1, ' . . . . . ll ``�1)(� I.`II)I('' J � ) � 1 � ) r �11`ei (I 1..1)111')I ()u6()
H) 11 / r' LO 1 I ' , 2.,; , );J 3
Bill Cooney
September 21, 2021
Page Two
Currently, Kitamura Machinery of U.S.A., Inc. owns and operates out of an approximately
10,000 square foot facility in Wheeling. Kitamura Machinery of U.S.A., Inc.'s business is growing
and it plans to move its entire operation in Wheeling to the subject property and bring all 17 (all full-
time) of its employees to the same. Kitamura Machinery of U.S.A., Inc. plans on adding 5 new
employees within the first year of operations at the subject property and have 30 to 35 total employees
at the site at full capacity should growth continue as expected. Kitamura Machinery of U.S.A., Inc.
will look to hire all qualified Village of Mount Prospect residents for future employment.
The Village of Mount Prospect can also expect that Kitamura Machinery of U.S.A., Inc.'s
employees will invest commercially back into the community by visiting local establishments such as
restaurants, gas stations, grocery stores and more. In addition, the Village of Mount Prospect can
expect that Kitamura Machinery of U.S.A., Inc. will attract business and various customers to the
Village in the course of its operations.
Kitamura Machinery of U.S.A., Inc. expects to have a lot of visitors. Specifically, Kitamura
Machinery of U.S.A., Inc. plans to have an annual open house at the subject property for dealers and
end users from all over the United States, Canada and Mexico that typically brings roughly 200 to 300
attendees. Kitamura Machinery of U.S.A., Inc. also expects sales and engineers to visit from its parent
company in Japan throughout the year. In addition, Kitamura Machinery of U.S.A., Inc. has quarterly
technical training sessions for its sales and service providers that typically brings roughly 20 to 30
attendees. Kitamura Machinery of U.S.A., Inc. will recommend all visitors utilize Village of Mount
Prospect hospitality. We also note that Kitamura Machinery of U.S.A., Inc. looks forward to being
involved in the local community in the future and working with the Village of Mount Prospect.
As the above indicates, there are various benefits the Village of Mount Prospect will receive
should the Applicant be granted the Class 6b Incentive on the subject property. The Applicant is
excited to move forward with the rehabilitation and occupation of the subject property. Additionally,
Kitamura Machinery of U.S.A., Inc. is excited to expand its operations at the subject property and to be
a strong community member for many years to come. However, the above is all contingent on the
Applicant receiving a Class 6b Incentive.
Therefore, please review this letter and the following attached Class 6b Eligibility Application
and materials, and place the Applicant on the agenda for the October 5, 2021 Village of Mount
Prospect Board meeting where it will present its request for the Village of Mount Prospect to pass a
Resolution supporting and consenting to a Class 6b Incentive on the subject property based on
occupation of an abandoned property that will be vacant for greater than 24 continuous months with a
purchase for value and substantial rehabilitation.
Should you have any questions or concerns, or require additional information, please do not
hesitate to contact me at (312) 782-8310.
Sincerely,
SARNOFF & BACCASH
Zachary A. Kafitz
4
0 0 k COOK COUNTY ASSESSOR'S OFFICE
04 c4
COOK COUNTY ASSESSOR 118 NORTH CLARK STREET, CHICAGO, IL 60602
s .� PHONE: 312.443.7550 FAX: 312.603.6584
F R I T Z K A E G I " ""; 5 WWW.COOKCOUNTYASSESSOR.COM
CLASS 6B
ELIGIBILITY APPLICATION
Carefully review the Class 6B Eligibility Bulletin before completing this Application. For assistance, please contact
the Assessor's Office, Development Incentives Department (312) 603-7529. This application, a filing fee of
$500.00, and supporting documentation (except drawings and surveys) must be filed as follows:
This application must be tiled PRIOR TO the commencement of New Construction or PRIOR TO the
commencement of Substantial Rehabilitation Activities or PRIOR TO the commencement of Reoccupation of
Abandoned Property.
Applicant Information
Name: Kitamura Machinery of U.S.A., Inc. Telephone: ( 847 ) 520-7755
Company: Kitamura Machinery of U.S.A., Inc.
Address: 451 Kingston Ct.
City: Mount Prospect State: IL Zip Code: 60056
Email:
Contact Person (if different than the Applicant)
Name: Chiaki Heber Telephone: ( )
Company: See above
Address:
City: State: Zip Code:
Email:
Property Description (per PIN)
If you are applying for more than three different PINs, please submit the additional PIN information in an
attachment.
Street Address: (1) 451 Kingston Ct.
Permanent Real Estate Index Number: 03-35-200-068-0000
(2)
Permanent Real Estate Index Number:
(3)
Permanent Real Estate Index Number:
City: Mount Prospect State: IL Zip Code: 60056
Township: Wheeling Existing Class: 5-93
Attach legal description, site dimensions and square footage and building dimensions and square footage.
5
IdentffiFeation of Person Having an Interest in the Property
Attach a 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.
Industrial Use
Attach a detail description of the precise nature and extent of the intended use of the subject property, specifying
in the case of the multiple uses the relative percentages of each use.
Include copies of materials, which explain the occupant's business, including corporate letterhead, brochures,
advertising material, leases, photographs, etc.
Nature of Development
Indicate nature of proposed development by checking the appropriate space:
[ ] New Construction (Read and Complete Section A)
[x] Substantial Rehabilitation (Read and Complete Section A)
Incentive only applied to the market value attributable to the rehabilitation
[x] Occupation of Abandoned Property - No Special Circumstance
(Read and Complete Section B)
[ ] Occupation of Abandoned Property - With Special Circumstance
(Read and Complete Section C)
[ ] Occupation of Abandoned Property - (TEERM Supplemental Application)
(Read and Complete Section C)
[ ] Occupation of Abandoned Property - (CEERM Supplemental Application)
(Read and Complete Section C)
SECTIONA (NEW CONSTRUCTION/SUBSTANTIAL REHABILITATION)
If the proposed development consists of New Construction or Substantial Rehabilitation, provide the following
information:
Estimated date of construction
commencement (excluding demolition, if any): ASAP
Estimated date of construction completion:
Attach copies of the following:
ASAP
1. Specific description of the proposed New Construction or Substantial Rehabilitation
2. Current Plat of Survey for subject property
3. 1st floor plan or schematic drawings
4. Building permits, wrecking permits and occupancy permits (including date of issuance)
Complete description of the cost and extent of the Substantial Rehabilitation or New Construction
(including such items as contracts, itemized statements of all direct and indirect costs, contractor's
affidavits, etc)
6
SECTION (ABANDONED PROPERTY WITH NO SPECIAL CIRCUMSTANCE)
If the proposed development consists of the reoccupation of abandoned property, purchased for value, complete (1) and
(2) below:
1. Was the subject property vacant and unused for at least 24 continuous months prior to the purchase for
value?
[X] YES [ ] NO
When and by whom was the subject property last occupied prior to the purchase for value?
See attached
Attach copies of the following documents:
(a) Sworn statements from person having personal knowledge attesting to the fact and the duration
of vacancy and abandonment
(b) Information (such as statements of utility companies) which demonstrate that the property was
vacant and unused and indicate duration of such vacancy
2. Application must be made to the Assessor prior to occupation:
Estimated date of reoccupation:
Date of Purchase:
Name of purchaser:
Name of seller:
Relationship of purchaser to seller:
Attach copies of the following documents:
(a) Sale Contract
(b) Closing Statement
(c) Recorded Deed
(d) Assignment of Beneficial Interest
(e) Real Estate Transfer Declaration
Est. November, 2021
Est. November. 2021
Kitamura Machinery of U.S.A., Inc.
TBA
None
7
SECTION C (SPECIAL CIRCUMSTANCES
If the applicant is seeking special circumstances to establish that the property was abandoned for purposes of the
Incentive where there was a purchase for value, but the period of abandonment prior to purchase was less than
24 months, complete section (1).
If the applicant is seeking special circumstances to establish that the property was abandoned for purposes of the
Incentive where there was no purchase for value, but the period of abandonment prior to the application 24
continuous months or greater, complete section (2).
If the applicant is seeking special circumstances to establish that the property was abandoned for purposes of the
Incentive where there was no purchase for value, but the period of abandonment prior to the application was
greater than 12 continuous months and less than 24 continuous month, complete section (2) and the TEERM
Supplemental Application.
If the applicant is seeking special circumstances to establish that the property was abandoned for purposes of the
Incentive where there was no purchase for value, but the period of abandonment prior to the application was
greater than 3 continuous months and applicant will create or maintain at least 250 jobs for employees at the
subject location, complete section (2) and the CEERM Supplemental Application.
1. How long was the period of abandonment prior to the purchase for value?
When and by whom was the subject property last occupied prior to the purchase for value?
Attach copies of the following documents:
(a) Sworn statements from persons having personal knowledge attesting to the fact and the duration
of the vacancy and abandonment
(b) Information (such as statements of utility companies) which demonstrate that the property was
vacant and unused and indicate duration of vacancy
(c) Include the finding of special circumstances supporting "abandonment" as determined by the
municipality, or the County Board, if located in an unincorporated area. Also include the
ordinance or resolution from the Board of Commissioners of Cook County stating its approval
for less than 24 -month abandonment period.
Application must be made to the Assessor prior to the commencement of reoccupation of the abandoned
property.
Estimated date of Reoccupation:
Date of purchase:
Name of purchaser:
Name of seller:
Relationship of purchaser to seller:
Attach copies of the following documents:
(a) Sale Contract
(b) Closing Statement
(c) Recorded Deed
(d) Assignment of Beneficial Interest
(e) Real Estate Transfer Declaration
0
2. How long has the subject property been unused?
[ ] 24 or greater continuous months (Eligible for Special Circumstance)
[ ] 12 continuous months but less than 24 continuous months (Eligible for Special
Circumstance under TEERM) - Complete TEERM Supplemental Application
[ ] 3 continuous months and maintain/create 250 employee jobs (Eligible for Special
Circumstance under CEERM) - Complete CEERM Supplemental Application
[ ] Not Eligible for Special Circumstance if No purchase and less than 12 continuous months
vacant, or not a CEERM
When and by whom was the subject property last occupied prior to the filing of this application?
Attach copies of the following documents:
(a) Sworn statements from persons having personal knowledge attesting to the fact and the duration
of the vacancy and abandonment
(b) Information (such as statements of utility companies) which demonstrate that the property was
vacant and unused and indicate duration of vacancy
(c) Include the finding of special circumstances supporting "abandonment" as determined by the
municipality, or the County Board, if located in an unincorporated area. Also include the
ordinance or resolution from the Board of Commissioners of Cook County stating its approval
for lack of a purchase for value.
Application must be made to Assessor prior to the commencement of reoccupation of the abandoned
property.
Estimated date of reoccupation:
0
TEERM SUPPLEMENTAL APPLICATION
(This form will ONLY be utilized for applicants who specifically elect for TEERM)
This supplemental eligibility, application is for properties that have been abandoned (due to special circumstances)
for at least 12 continuous months and less than 24 continuous months with no purchase taking place.
Under the TEERM Program, qualifying industrial real estate would be eligible for the Class 6B level of assessment
from the date ofsubstantial re -occupancy of the abandonedproperty. Properties receiving Class 6B will be assessed
at 10% of market value for the first 10 years, 15% in the 11th year and 20% in the 12th year. The terms of this
program are Not Renewable.
I applicant/representative hereby specifically elect to submit
this Supplemental Application for the TEERM program.
Further affiant sayeth not.
Agent's Signature
Agent's Mailing Address
Applicant's Name
Applicant's e-mail address
Agent's Name & Title
Agent's Telephone Number
Applicant's Mailing Address
Subscribed and sworn before me this day of 120
Signature of Notary Public
10
CEERM SUPPLEMENTAL APPLICATION
(This form will ONLY be utilized for applicants who specifically elect for CEERM)
This supplemental eligibility, application is f or properties that have been abandoned (due to special circumstances)
where there has been no purchase for value and the buildings and other structures have been vacant and unused
for at least three continuous months and applicant has provided sufficient documentation to establish that such
applicant will create or maintain at least 250 jobs for employees at the subject location.
The CEERM Program shall be limited to the party who is the initial applicant of the Class 6B Incentive under
the CEERM Program and the subject of the municipal Resolution or Ordinance.
Under the CEERMProgram, qualifying industrial real estate would be eligible for the Class 6B level of assessment
from the date of substantial re -occupancy of the abandoned property. Properties receiving the Class 6B will be
assessed at 10% of'market value for the first 10 years, 15% in the 11th year and 20% in the 12th year. The terms
of this program are Not Renewable.
I applicant/representative hereby specifically elect to submit
this Supplemental Application for the CEERM program.
Further affiant sayeth not.
Agent's Signature
Agent's Mailing Address
Applicant's Name
Applicant's e-mail address
Agent's Name & Title
Agent's Telephone Number
Applicant's Mailing Address
Subscribed and sworn before me this day of 120
Signature of Notary Public
11
EMPLOYMENT OPPORTUNITIES
How many construction jobs will be created or maintained as a result of this development? See attached
How many new permanent full-time and part-time employees do you now employ in Cook County?
Full-time: See attached Part-time: See attached
How many new permanent part-time jobs will be created as a result of this proposed development?
See attached
How many new permanent full-time jobs will be created as a result of this proposed development?
TBD
LOCAL APPROVAL
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) should accompany this Application. The
ordinance or resolution must expressly state that the municipality supports and consents to this Class 6B
Application and that it finds Class 6B necessary for development to occur on the subject property. If a resolution
is unavailable at the time the application is filed, a letter from the municipality or the County Board, as the case
may be, stating that a resolution or ordinance supporting the incentive has been requested may be filed with this
application instead. If the applicant is seeking to apply based on the reoccupation of abandoned property and
will be seeking a finding of "special circumstances" from the municipality, in addition to obtaining a letter from
the municipality confirming that a resolution or ordinance supporting the incentive has been requested, the
applicant must file a letter from the County Board confirming that a resolution validating a municipal finding
of special circumstances has been requested. If, at a later date, the municipality or the County Board denies the
applicant's request for a resolution or ordinance, the applicant will be deemed ineligible for the Class 6B
incentive, whether or not construction has begun. In all circumstances, the resolution must be submitted by the
time the applicant files an "Incentive Appeal".
I, the undersigned, certify that I have read this Application and that the statements set forth in this Application
and in the attachments hereto are true and correct, except as those matters stated to be on information and belief
and as to such matters the undersigned certifies that he/she believes the same to be true.
all
Signature
Ah
PrnY Name
Date
.Title ...... 4,_Zk! f:`�C .........
03/05/202/
12
COOK COUNTY ASSESSOR
FIRITz KAEGI
COOK COUNTY ASSESSOR'S OFFICE
118 NORTH CLARK STREET, CHICAGO, IL 60602
PHONE: 312.443.7550 FAX: 312.603.3616
VWM.COOKCOUNTYASSESSOR.COM
INCENTIVES CLASS LIVING WAGE ORDINANCE AFFIDAVIT
2 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,
2. The property identified by PIN(s) with commonly(es), listed
in Exhibit A attached and
herein incorporated, are/is the subject of a pendin a2elication/ �ewa (circle as appropriate) for one
of the following development incentives provided by tne Co o Ordinances of Cook County, Chapter
74, Article 11, Division 2, The Cook County Real Property Assessment Classification Ordinance,
Sec.74-60 et seq., as amended:
X Class 6b Class 8 (industrial property) Class 9
3. The Cook County Assessor's Office has issued the following control number regarding this
application/renewal (circle as appropriate), TBA
4. 1 have reviewed the Code of Ordinances of Cook County, Cook County Living Wage Ordinance,
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):
X Applicant is currently paying a living wage to its employees, as defined in the Ordinance.
1400
— Applicant is not required to pay a living wage, pursuant to the Ordinance.
Further affiant sayeth not.
--V.-V4,Z, 6.2 Ot 4�6
Agent's Signature
451 Kingston Ct., Mount Prospect, Illinois 60056
Agent's Mailing Address
Kitamura Machine ry of U.S.A., Inc.
Applicant's Name
A
th ya lzi(2, L-)
Applicant's e-mail address
Tlql6e�5�1 4-PA129 Ile- 'C'
Agent's Name & Title
847-520-7755
Agent's Telephone Number
451 Kingston Ct., Mount Prospect, Illinois 60056
Applicant's Mailing Address
Subscribed and sworn before me this 20th day of September 2021
9- motes M POL
Signature of Notary Public
CFF"AL SEA1,
LAURA NALER
1/30/15
13
PIN(s)
03-35-200-068-0000
EXHIBIT A
(Please type or Print)
Common Address
451 Kingston Ct., Mount Prospect, Illinois 60056
12/10/2018
14
AFFIDAVIT
1, John Sharpe, if called to testify would attest to the following facts:
I . That I am Real Estate Broker of G & I IX 451 Kingston LLC (DRA G&I Fund IX
REIT III LLQ , that owns the property located at 451 Kingston Ct. in Mt. Prospect, Illinois
(PINS: 03-35-200-068-0000) ("Subject Property").
2. That the prior occupant of the Subject Property was National Association of
Pharmacy.
3. That as of 5/31/2017 completely vacated the Subject Property.
4. That since 5/31/2017 the Subject Property and has been 100% vacant and unused.
Subscribed and, ,worn before me
This ?P'Nday of 2021
7'
idiature of Notary Public
Further Affiant Sayeth Not
el
. .. .... ...
.. . ...... ..
Date:
.96U.46
OFFICIAL SEAL
L
JESSICA MADDEN
NOTARY =PUBLIC,STATE OF ILLINOIS
.7 r
MY COMMISSION EXPIRES: 7112025
15
Legal Description, Site and Building Square Footage
The total land area of the subject parcel located at 451 Kingston Ct. in Mount Prospect,
Illinois (PIN: 03-35-200-068-0000) is approximately 128,177 square feet, and the total building
area of the existing structure located thereon is approximately 34,475 square feet.
Below please find the legal description of the subject property:
LOT 6 AND THE NORTH 18.0 FEET OF LOT 5 THEREOF, IN KENSINGTON CENTER
RESUBDIVISION TWENTY-FIVE IN PART OF THE NORTHEAST 1/4 OF SECTION 35,
TOWNSHIP 42 NORTH, RANGE II EAST OF THE THIRD PRINCIPAL MERIDIAN
ACCORDING TO THE PLAT FILED FOR RECORD ON FEBRUARY 1, 1989 IN THE OFFICE
OF REGISTRAR OF TITLES AS DOCUMENT LR3770802, ALL IN COOK COUNTY,
ILLINOIS.
Description of the history of the Applicant, the nature of the project, the intended use of the
subject property and information regarding the applicant and user
Kitamura Machinery of U.S.A., Inc. ("Applicant") plans on purchasing the property
located at 451 Kingston Ct. in Mount Prospect, Illinois (PIN: 03-35-200-068-0000) and
rehabilitating the same for Kitamura Machinery of U.S.A., Inc. to occupy for its operations
consisting of the assembly, warehousing and distribution of CNC machines and related
parts/options to the United States/Mexico/Canada/Europe dealer network as well as providing
technical support, R&D and design assistance to Kitamura Japan.
The subject property consists of an approximately 34,475 square foot vacant building
located on a roughly 128,177 square foot site. The subject property has been 100% vacant and
unused since May, 2017 and is in need of substantial rehabilitation for Kitamura Machinery of
U.S.A., Inc. to occupy the same. Therefore, the Applicant has allotted approximately $1,500,000
for improvements to the subject property.
Based on initial inspections, these improvements will include painting, installing new
carpet, remodeling the kitchen, adding a new server room, building out the showroom,
improving the existing HVAC and adding new HVAC in the warehouse area as well as
completing other general maintenance and improvements. This rehabilitation will create
approximately 8 to 12 construction jobs. Please note that the items in need of rehabilitation as
well as the costs associated therewith could significantly vary as they are preliminary and
additional reviews of the property as well as discussions with contractors must be completed to
detennine both.
Currently, Kitamura Machinery of U.S.A., Inc. owns and operates out of an
approximately 10,000 square foot facility in Wheeling. Kitamura Machinery of U.S.A., Inc.'s
business is growing and it plans to move its entire operation in Wheeling to the subject property
and bring all 17 (all full-time) of its employees to the same. Kitamura Machinery of U.S.A., Inc.
plans on adding 5 new employees within the first year of operations at the subject property and
have 30 to 35 total employees at the site at full capacity should growth continue as expected.
Kitamura Machinery of U.S.A., Inc. will look to hire all qualified Village of Mount Prospect
residents for future employment.
The Village of Mount Prospect can also expect that Kitamura Machinery of U.S.A., Inc.'s
employees will invest commercially back into the community by visiting local establishments
such as restaurants, gas stations, grocery stores and more. In addition, the Village of Mount
Prospect can expect that Kitamura Machinery of U.S.A., Inc. will attract business and various
customers to the Village in the course of its operations.
18
Kitamura Machinery of U.S.A., Inc. expects to have a lot of visitors. Specifically,
Kitamura Machinery of U.S.A., Inc. plans to have an annual open house at the subject property
for dealers and end users from all over the United States, Canada and Mexico that typically
brings roughly 200 to 300 attendees. Kitamura Machinery of U.S.A., Inc. also expects sales and
engineers to visit from its parent company in Japan throughout the year. In addition, Kitamura
Machinery of U.S.A., Inc. has quarterly technical training sessions for its sales and service
providers that typically brings roughly 20 to 30 attendees. Kitamura Machinery of U.S.A., Inc.
will recommend all visitors utilize Village of Mount Prospect hospitality. We also note that
Kitamura Machinery of U.S.A., Inc. looks forward to being involved in the local community in
the future and working with the Village of Mount Prospect.
19
Ownership Information
Ownership: Kitamura Machinery of U.S.A., Inc. ("Applicant") plans on purchasing the
property located at 451 Kingston Ct. in Mount Prospect, Illinois (PIN: 03-35-200-
068-0000). Please find the attached Secretary of State web page print-out.
20
0 x
pg,Cwp.-ti,,,n"LK x +
id apps�llsmgavlm I I-)oj at M I (-,I(lrf I, p o r aar�l 1(:,( on It I I) I I EJ
C o qpo II cin/ LC Seairch/Cerfificate of ('31ood Standing
CorporalIon FHe DelaH RepoIl
[ le Nuirribeir �32 8, 9 4 3 4 4
LnWy Name, PrV MJOURA MACHIN ERYOF U SA, INC.
Sla
� tils AC I IV[
Einfity infoininadoin
EnWy
Type of CoIp )OMIE.STIC BCA
inccilpol'ation DcHe WetfiivI;day, 3 Novenilbm 1982
(Dolrylvsfiw)
St,ah�
11 1 11,1401s
Duratmin Mile Pl: RFIF I UAt
Agent Infoinniaboin
Address VCM I,l C LA R K ST S FE 2 7 D 0
CHICAGO, 11 60601
Change C}akF Fuesday, I / Novembor �,020
21
t. oi po i at .,ri � LLC Seai c h /C e rtif X +
I c M
Mwq MMMMM�
Wity Tyj,�e
COMMADON
I Ype of Col p
X,)l\4FS [ VC 13CA
lincoll,miahon Date
Wedmsday, 3 P!ovwnlbm Y98)
(DoMeMIC)
wor,
[UNDS
DlulaUoln 11ato
'IFIRPERYQ
AgeM InErmaMon
Nam , !VX RW N & HMPT
Addmss 161 N Cl UK ST Sl `q "M
CHWAGO JL OMM
C , 1, w i q c, D a t c Tuesday, 17 N(.,,)von-lwi, 2020
AmwW Rqmrt
rOng Me M') 0 / Cl 0 0 Cl 0
FM Yew 2021
OHhers
Premdrint A M H M 0 K H A M M M i H F C HY 7 R Y D M 0 W M F M 0 6 H 90
Nomp&AdMns
SKMwy W(ASHI ASANO SAINIF
Name & AM ass
22
COOK COUNTY DISCLOSURE OF OWNERSHIP INTEREST STATEMENT
The Cook County Code of Ordinances (§2-610 et seq.) requires that any Applicant for any County Action must disclose information
concerning ownership interests in the Applicant. This Disclosure of Ownership Interest Statement must be completed with all
information current as of the date this Statement is signed. Furthermore, this Statement must be kept current, by filing an amended
Statement, until such time as the County Board or County Agency shall take action on the application. The information contained
in this Statement will be maintained in a database and made available for public viewing. County reserves the right to request
additional information to verify veracity of information containted in this statement.
If you are asked to list names, but there are no applicable names to list, you must state NONE. An incomplete Statement will be
returned and any action regarding this contract will be delayed. A failure to fully comply with the ordinance may result in the action
taken by the County Board or County Agency being voided.
"Applicant" means any Entity or person making an application to the County for any County Action.
"County Action" means any action by a County Agency, a County Department, or the County Board regarding an ordinance or
ordinance amendment, a County Board approval, or other County agency approval, with respect to contracts, leases, or sale or
purchase of real estate.
"Person" "Entity" or "Legal Entity" means a sole proprietorship, corporation, partnership, association, business trust, estate, two or
more persons having a joint or common interest, trustee of a land trust, other commercial or legal entity or any beneficiary or
beneficiaries thereof.
This Disclosure of Ownership Interest Statement must be submitted by:
1. An Applicant for County Action and
2. A Person that holds stock or a beneficial interest in the Applicant and is listed on the Applicant's Statement (a "Holder") must file a
Statement and complete #1 only under Ownership Interest Declaration.
Please print or type responses clearly and legibly. Add additional pages if needed, being careful to identify each portion of the form to
which each additional page refers.
This Statement is being made by the [ / ] Applicant or
This Statement is an
Identifying Information:
Namec<
LLL
[ I/ ] Original Statement or [
] Stock/Beneficial Interest Holder
] Amended Statement
D/B/A: FEIN # Only: � M��
v ... .� r (^ -
Street Address:'" " -`m hi' r
City: � 7 State: /�' Zip Code I.AeW`W
Phone No.: a 219 "" Fax Number: Email: r' C 0,01
Cook County Business Registration Number:
(Sole Proprietor, Joint Venture Partnership)
Corporate File Number (if applicable):
Form of Legal Entity:
[ ] Sole Proprietor [ ] Partnership Corporation [ ] Trustee of Land Trust
[ ] Business Trust [ ] Estate [ ] Association [ ] Joint Venture
[ ] Other (describe)
DISCLOSURE OF OWNERSHIP INTEREST - 1
23
Ownership Interest Declaration:
List the name(s), address, and percent ownership of each Person having a legal or beneficial interest (including ownership) of
more than five percent (5%) in the Applicant/Holder.
Name Address Percentage Interest in
Applicant/Holder
, si ,N •- /'l ;"
If the interest of any Person listed in (1) above is held as an agent or agents, or a nominee or nominees, list the name and
address of the principal on whose behalf the interest is held.
Name of Agent/Nominee Name of Principal Principal's Address
3. Is the Applicant constructively controlled by another person or Legal Entity? [ ✓ ] Yes [ ] No
If yes, state the name, address and percentage of beneficial interest of such person, and the relationship under which such
control is being or may be exercised.
Name
Address
Percentage of
Relationship
Corporate Officers, Members and Partners Information:
For all corporations, list the names, addresses, and terms for all corporate officers. For all limited liability companies, list the names,
addresses for all members. For all partnerships and joint ventures, list the names, addresses, for each partner or joint venture.
Name Address Title (specify title of Term of Office
Office, or whether manager
or partner/joint venture)
Declaration (check the applicable box):
I,/ ] I state under oath that the Applicant has withheld no disclosure as to ownership interest in the Applicant nor reserved
any information, data or plan as to the intended use or purpose for which the Applicant seeks County Board or other County
Agency action.
�] I state under oath that the Holder has withheld no disclosure as to ownership interest nor reserved any information required to
be disclosed.
DISCLOSURE OF OWNERSHIP INTEREST - 2
24
1. REAL ESTATE OWNERSHIP DISCLOSURES.
The Applicant must indicate by checking the appropriate provision below and providing all required information that either:
a) The following is a complete list of all real estate owned by the Applicant in Cook County:
PERMANENT INDEX NUMBER(S): (7j)—// "� �.. 2 ""`"
0 1
(ATTACH SHEET IF NECESSARY TO LIST ADDITIONAL INDEX
NUMBERS)
OR:
b) The Applicant owns no real estate in Cook County,
2. EXCEPTIONS TO CERTIFICATIONS OR DISCLOSURES.
If the Applicant is unable to certify to any of the Certifications or any other statements contained in this EDS and not explained elsewhere in
this EDS, the Applicant must explain below:
If the letters, "NA", the word "None" or "No Response" appears above, or if the space is left blank, it will be conclusively presumed that the
Applicant certified to all Certifications and other statements contained in this EDS.
DISCLOSURE OF OWNERSHIP INTEREST - 3
25
COOK COUNTY DISCLOSURE OF OWNERSHIP INTEREST STATEMENT SIGNATURE PAGE
If
Name of Authorized Applicant/Hold Ir Representative (please print or type)
Signature
E-mail address
Title
— 2—d_p
Date"
Phone Number
Subscribed to and sworn before me My commission expires: 09/04/2022
this 2oth day OfSeptember 20 2 1.
ry
L S I"
LER
X
Ikk t,
P
"02
Notary Public Signature Notary —Seal
DISCLOSURE OF OWNERSHIP INTEREST - 4
26
RESOLUTION NO,
A RESOLUTION IN SUPPORT OF KITAMURA MACHINERY of U.S.A., INC MAKING
APPLICATION FOR A COOK COUNTY CLASS 6B TAX INCENTIVE
FOR THE PROPERTY LOCATED AT
451 KINGSTON COURT, MOUNT PROSPECT, ILLINOIS
WHEREAS, the Village of Mount Prospect encourages community development to
provide for economic growth and career opportunities; and
WHEREAS, the Village of Mount Prospect desires to promote and preserve industrial
uses in the Village; and
WHEREAS, through property tax incentives offered by Cook County, various
opportunities exist for industrial properties in the Village of 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, Kitamura Machinery of U.S.A., Inc. has requested the Village of Mount
Prospect to support its application for the Class 6B Real Property Classification for
property located at 451 Kingston Court, Mount Prospect; and
WHEREAS, Kitamura Machinery of U.S.A., Inc. intends to move their machining
operation used for assembly, warehousing and distribution from Wheeling to Mount
Prospect if approved for a Class 6b tax incentive; and
WHEREAS, an Economic Disclosure Statement has been received and filed by the
Village of Mount Prospect; and
WHEREAS, the corporate authorities of the Village of Mount Prospect believe that
Kitamura Machinery of U.S.A., Inc.'s request is in the best interest of the economic
development in the Village of Mount Prospect; and
WHEREAS, the Village of Mount Prospect supports and consents to the filing of a
Class 6B Real Property Classification by Kitamura Machinery of U.S.A.,Inc., with the
understanding that any occupant of the property must meet the Class 6B Real
Property Classification qualifications for industrial warehousing, manufacturing
and/or distribution uses; and
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 Real
Class 6b Kitamura page 1 of 2
27
Property Classification from Cook County for the Property located at 451 Kingston
Court and legally described as:
LOT 6 AND THE NORTH 18.0 FEET OF LOT 5 THEREOF, IN KENSINGTON CENTER
RESUBDIVISION TWENTY-FIVE IN PART OF THE NORTHEAST 1/4 OF SECTION 35,
TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN
ACCORDING TO THE PLAT FILED FOR RECORD ON FEBRUARY 1, 1989 IN THE OFFICE
OF REGISTRAR OF TITLES AS DOCUMENT LR3770802, ALL IN COOK COUNTY,
ILLINOIS.
PIN: 03-25-200-068-0000
SECTION TWO: That the Village of Mount Prospect supports industrial growth,
increased employment and economic development and the Property is in furtherance
of this goal.
SECTION THREE: That the Village of Mount Prospect has determined that the Class
6B Real Property Classification is necessary for development to occur on the Property
and without such designation the industrial enterprise would not be economically
viable causing the Property to be in imminent risk of remaining vacant and unused.
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:
NAYS:
ABSENT:
PASSED and APPROVED this 5t" day of October, 2021
Paul Wm. Hoefert
Mayor
ATTEST:
Karen Agoranos
Village Clerk
Class 6b Kitamura page 2 of 2
28