HomeMy WebLinkAbout6.5 A RESOLUTION AUTHORIZING THE MAYOR TO SIGN A PARKING AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND JOYCO-AGUADO, INC FOR THE PROPERTY LOCATED AT 139-143 W. PROSPECT AVENUE (PZ-16-23)M+awn �'xyt�lts�=e
Item Cover Page
Subject A RESOLUTION AUTHORIZING THE MAYOR TO SIGN A PARKING
AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND
JOYCO-AGUADO, INC FOR THE PROPERTY LOCATED AT 139-143
W. PROSPECT AVENUE (PZ -16-23)
Meeting October 17, 2023 - REGULAR MEETING OF THE MOUNT
PROSPECT VILLAGE BOARD
Fiscal Impact (Y/N) N/A
Dollar Amount N/A
Budget Source N/A
Category CONSENT AGENDA
Type Action Item
Information
The petitioner proposes to convert the existing vacant office space into five residential rental units. The five
(5) units will consist of one studio, three 1 -bedroom, and one 2 -bedroom apartments. The approximate size
of the apartments will range from approximately 450 ft.2 for a studio to 960 ft.2 for a two-bedroom.
Per Sec. 14.2207.1 of the Zoning Ordinance, a minimum of six (6) parking stalls must be provided for the
proposed five residential units.
An Off -Site Parking Agreement with the Village of Mount Prospect is being requested per Sec. 14.2022-E,
which states:
"Off Site Remote Parking Facilities: In cases where parking facilities are permitted on land other than the
zoning lot in which the building or use served is located, such facilities shall be in the same possession as
the zoning lot occupied by the building or used to which parking facilities are accessory. Such possession
may either be by deed or long-term lease. The term of such a lease is subject to the approval of the planning
and zoning commission and filed with the director of community development. The deed for the off-site
parking shall require such owner or heirs to maintain the required number of parking spaces for the duration
of the use served or the term of the lease, whichever shall terminate sooner. The village board shall have
final authority for these lease or deed approvals. Also, leases for off-site parking should be limited to no
more than one thousand feet (1,000') of the use served in the central business district, and no more than five
hundred feet (500') from the use served outside the central business district."
The following requirements are made by Sec. 14.2022-E for an Off -Site Parking Agreement:
1. Possession by ownership or lease agreement of the off-street parking facility must be the same as
the Subject Property.
2. Agreement must be in place for the same duration of the term of the lease or ownership of the
Subject Property.
3. Off-site parking facility must be within 1,000 ft. of the Subject Property.
Staff finds that the requirements of Sec. 14.2022-E have been met with the proposed Off -Site
Parking Agreement between the Subject Property Owner and the Village of Mount Prospect.
The Village shall designate the western -most six (6) parking stalls located on the surface lot in
the alley between Pine and Wille Streets, as depicted on Exhibit 3 of the Off -Site Parking
Agreement, for the use of the proposed residential rental units.
The Village has previously approved off-site parking agreements for Station 34 (10 spaces),
Chase Bank (17 spaces) and 104 E. Northwest Highway (10 spaces) to utilize Village Parking
Decks, and for Prospect Place (6 spaces) which utilizes the Wille Street surface lot.
Discussion
The Planning & Zoning Commission held a public meeting on the matter on September 28,
2023 and voted to recommend approval of the Off -Site Parking Agreement by a vote of 5-0.
The Planning & Zoning Commission asked to confirm the Off -Site Parking Agreement was
clear about which parking spaces are being reserved for the Petitioner. Staff clarified that a
map exhibit is attached to the agreement that shows the six (6) parking spaces that are being
proposed to be reserved. The Planning & Zoning Commission also asked if there are
additional parking spots in the alley or if it is just the six (6) that are being proposed to be
reserved. Staff clarified that they are additional public parking stalls in the alley and only six (6)
of the parking spots are being proposed to be reserved for the apartments.
The Planning & Zoning Commission had no questions for the Petitioner.
Alternatives
1. To approve the following motion: "An Off -Street Parking Agreement per Sec. 14.2202-E
between Joyco-Aguado, Inc. and the Village Mount Prospect to permit off-street parking per
the attached agreement for the property located at 139-143 W. Prospect Avenue."
2. Action at the discretion of the Village Board.
Staff Recommendation
To approve the following motion: "An Off -Street Parking Agreement per Sec. 14.2202-E
between Joyco-Aguado, Inc. and the Village Mount Prospect to permit off-street parking per
the attached agreement for the property located at 139-143 W. Prospect Avenue."
Attachments
1. 1_Staff Report _PZ -16-23_139-143 W Prospect_Joyco-Aguado_Off-Site Parking Agmt
2. 2—Administrative Content—PZ-16-23-139-143 W Prospect_Joyco-Aguado_Off-Site
Parking Agmt
3. 3_Plans_PZ-16-23_139-143 W Pros pect_Joyco-Aguado_Off-Site Parking Agmt
4. 4—Off-Site Parking Agmt _PZ -16-23_139-143 W Prospect_Joyco-Aguado_Off-Site
Parking Agmt_090523
Resolution Parking agreement jayco-aguado 139-143 W Prospect final
VILLAGE OF MOUNT PROSPECT 50 S. Emerson Street, Mount Prospect, IL 60056
STAFF REPORT FROM THE DEPARTMENT OF Community Development
William J. Cooney, AICP Mo Khan
Director of Community Development Development Planner
DATE: September 18, 2023
CASE NUMBER
PZ -16-23
PUBLIC MEETING DATE
September 28, 2023
APPLICANT/PROPERTY OWNER
Joyco & Aguado Inc.
PROPERTY ADDRESS/LOCATION
139-143 W. Prospect Ave.
BRIEF SUMMARY OF REQUEST
The petitioner is seeking approval of an Off -Site Parking Agreement per Sec. 14.2202-E for the proposed
development at 139-143 W. Prospect Ave. The Petitioner is proposing to convert the existing 2nd floor office
space into five residential rental units, which will consist of one studio unit, three 1 -bedroom units, and one 2 -
bedroom unit.
2023 Village of Mount Prospect Zoi
Subject Property
EXISTING EXISTING LAND SURROUNDING ZONING & LAND USE SIZE OF
ZONING USE/SITE North: I2 — Railroad PROPERTY
B5C IMPROVEMENTS East: B5C — Central Commercial Core 0.10 Acres
Central Proposed 5 Residential South: 135C — Central Commercial Core
Commercial Rental Units West: B5C — Central Commercial Core &
Core RA — Sinale Familv Residential
=I
STAFF RECOMMENDATION
APPROVE WITH CONDITIONS
DENY
I
BACKGROUND / PROPERTY HISTORY
The subject property was annexed into the Village in 1917. The existing building is a two-story mixed-use
building. The first floor is occupied by a restaurant, Mia's Cantina, and office space, All -State Insurance. The
second story was previously used as office space but is currently vacant.
The subject property is located at the southeast corner of Pine Street and Prospect Avenue and is zoned 135C:
Central Commercial Core.
PROPOSAL
The petitioner proposes to convert the existing vacant office space into five residential rental units. The five
units will consist of one studio, three 1 -bedroom, and one 2 -bedroom apartments. The approximate size of the
apartments will range from approximately 450 ft.2 for a studio to 960 ft.2 for a two-bedroom.
Per Sec. 14.2207.1 of the Zoning Ordinance, a minimum of six parking stalls must be provided for the proposed
five residential units.
An Off -Site Parking Agreement with the Village of Mount Prospect is being requested per Sec. 14.2022-E,
which states:
"Off Site Remote Parking Facilities: In cases where parking facilities are permitted on land other than the
zoning lot in which the building or use served is located, such facilities shall be in the same possession as the
zoning lot occupied by the building or use to which parking facilities are accessory. Such possession may either
be by deed or long-term lease, the term of such lease is subject to the approval of the planning and zoning
commission and filed with the director of community development. The deed for the off-site parking shall
require such owner or heirs to maintain the required number of parking spaces for the duration of the use served
or the term of the lease, whichever shall terminate sooner. The village board shall have final authority for these
lease or deed approvals. Also, leases for off-site parking should be limited to no more than one thousand feet
(1,000') of the use served in the central business district, and no more than five hundred feet (500') from the use
served outside the central business district."
The following requirements are made by Sec. 14.2022-E for an Off -Site Parking Agreement:
1. Possession by ownership or lease agreement of the off-street parking facility must be the same as the
Subject Property.
2. Agreement must be in place for the same duration of the term of the lease or ownership of the Subject
Property.
3. Off-site parking facility must be within 1,000 ft. of the Subject Property.
The Village shall designate the western -most six (6) parking stalls located on the surface lot in the alley between
Pine and Wille Streets, as depicted on Exhibit 3 of the Off -Site Parking Agreement, for the use of the proposed
residential rental units.
Staff finds that the requirements of Sec. 14.2022-E have been met with the proposed Off -Site Parking Agreement
between the Subject Property Owner and the Village of Mount Prospect. Per the agreement, the Village will
provide up to six parking permits that would allow tenants to park in the Emerson St. Parking Deck, Wille Parking
Lot and other Village -owned parking lots, which are within 1,000 ft. of the subject property as shown in the
attached exhibit.
This ordinance was established to encourage dense urban design in the downtown district. The Village constructed
the Emerson St. parking deck in close proximity to the subject property to support additional development in the
downtown. The Village has previously approved similar agreements for other projects in the downtown district.
Based on these findings, staff recommends that the Planning and Zoning Commission make a motion to approve
the following motion:
1. "An Off -Street Parking Agreement per Sec. 14.2202-E between Joyco-Aguado, Inc. and the Village
Mount Prospect to permit off-street parking per the attached agreement for the property located at 139-
143 W. Prospect Avenue."
The Village Board's decision is final for this case.
ATTACHMENTS: ADMINISTRATIVE PLANS
CONTENT
(Site Plan, Building
(Zoning Request Application, Elevations, etc.)
Responses to Standards, etc.)
I concur:
William J. Cooney, AICP
Director of Community Development
OTHER
(Supp emental
Information, Public
Comments
Received, etc.)
wmPr(A eVillage of Mount Prospect
Community Development Department
50 S. Emerson Street
Mount Prospect, Illinois 60056
Phone: (847) 818-5328
Zoning Request Application
Official Use Only (To be completed by Village Staff)
Case Number: P&Z - 16 - 23 Date of Submission: 8/31/23 Hearing Date: 9/28/23
Project Name/Address: Joyco-Aguado Apartments above Mia's Cantina
I. Subject Property
Address(es): 139-143 W. Prospect Avenue
Zoning District (s): B -5C Property Area (Sq.Ft. and/or Acreage): 6,213
Parcel Index Number(s) (PIN(s): 08-12-113-001-0000
II. Zoning Request(s) (Check all that apply)
❑ Conditional Use: For
❑ Variation(s): To
❑Zoning Map Amendment: Rezone From To
❑ Zoning Text Amendment: Section(s)
❑■ Other: Parking Spots
III. Summary of Proposal (use separate sheet if necessary)
2nd floor is being converted into apartments from office space. We are requesting parking spaces to
meet the necessary parking codes. There will be five studios and 1 bedroom apartments on the
secu, id Iluor. We would like to request the parking spaces behind the building.
IV. Applicant (all correspondence will be sent to the applicant)
Name: Joy Aguado Corporation: Joyco & Aguado Inc
Address: 1000 E. Barberry Lane
City, State, ZIP Code: Mount Prospect, IL 60056
Phone: 312-420-8866
Email: joymenconi12@hotmail.com
Interest in Property: Owner
(e.g. owner, buyer, developer, lessee, architect, etc...)
1
V. Property Owner
❑■ Check if Same as Applicant
Name: Corporation:
Address:
City, State, ZIP Code:
Phone: Email:
In consideration of the information contained in this petition as well as all supporting documentation, it is
requested that approval be given to this request. The applicant is the owner or authorized representative of the
owner of the property. The petitioner and the owner of the property grant employees of the Village of Mount
Prospect and their agent's permission to enter on the property during reasonable hours for visual inspection of
the subject property.
I hereby affirm that all information provided herein and in all materials submitted in association with this
application are true and accurate to the best of my knowledge.
Applicant: 9e'K' � Date: 08/22/2023
(Signa re
Joy A. Aguado
(Print or Type Name)
If applicant is not property owner:
I hereby designate the applicant to act as my agent for the purpose of seeking the zoning request(s) described in this
application and the associated supporting material.
Property Owner:
(Signature)
(Print or Type Name)
Date:
Affidavit of Ownership
COUNTY OF COOK
STATE OF ILLINOIS )
�H
I, Joy under oath, state that |am
(print name)
FEW the sole owner mthe property
LJanowner ofthe property
F-1 an authorized officer for the owner of the property
commonly described as 143W.Prospect Avenue, Mount Prospect, |L80056
(property address and PIN) P IN 08-12-113-001 -0000
and that such property isowned by ] & Aguado Inc.
(print name
Subscribed and sworn tobefore
methis ��_�day of
ry Public
LAznvxo cosaumw
Official Seal
Notary Public ' State mIllinois
61 Signature
maofthis date.
?'5
WARRANTY DEED
This instrument was prepared by.
Michael T. Gasior, Esq.
GASIOR LAW OFFICE
3701 ALGONQUIN ROAD
SUITE 715
ROLLING MEADOWS, IL 60008
p. 847.894.8159
e. mgasior@gasiorlaw.com
Doc#. 2230813259 Fee: $98.00
Karen A. Yarbrough
Cook County Clerk
Date: 11/0412022 11:55 AM Pg: 1 of 3
Dec ID 20221001662491
ST/00 Stamp 2-136-631-632 ST Tax $587.50 CO Tax $293.75
THE GRANTOR(s), UNIC GROUP INVESTMENT LLC, AN ILLINOIS LIMITED
LIABILITY COMPANY, OF THE VILLAGE OF MOUNT PROSPECT, COUNTY OF
COOK, STATE OF IL, for and in consideration of TEN (10) DOLLARS and other good and
valuable consideration in hand paid, CONVEYS and WARRANTS to THE GRANTEE (S),
JOYCO & AGUADO, INC., AN ILLINOIS CORPORATION AT 1000 E. BARBERRY
LANE MOUNT PROSPECT, IL 60056
a—
t on
All interest in the following described Real Estate situated in the COUNTY OF COOK in the State of
Illinois, to wit:
LOT 26 IN BUSSES RESUBDIVISION OF LOTS 1 TO 6 INCLUSIVE IN BLOCK 4, ALSO LOTS 2
AND 3 IN BLOCK 5, ALL OF BLOCK 6, LOTS 13 TO 24 INCLUSIVE IN BLOCK 7, LOTS 17 TO 20
IN BLOCK 8, ALL IN METER'S ADDITION TO MOUNT PROSPECT, A SUBDIVISION IN THE
NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE
THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY ILLINOIS.
Property Index Numbers: 08-12-113-001-0000
Address of Real Estate: 139-143 W. PROSPECT AVENUE, MOUNT PROSPECT, IL 60056
SUBJECT TO: GENERAL REAL ESTATE TAXES NOT DUE AND PAYABLE AT THE TIME OF
CLOSING, COVENANTS, CONDITIONS, AND RESTRICTIONS OF RECORD, BUILDING LINES
AND EASMENTS, IF ANY, SO LONG AS THEY DO NOT INTERFERE WITH THE CURRENT USE
AND ENJOYMENT OF THE REAL ESTATE.
Hereby releasing and waiving all rights under and by virtue of the Homestead Exemption Laws of the State
of Illinois.
DATED this / day of 20 '�i aY., j: _ •iayP,.. ,
y<�
M
WARRANTY DEED
This instrument was prelmi-ed by. -
Michael T. Gasior, Esq.
GASIOR LAW OFFICE
3701 ALGONQUIN ROAD
SUITE 715
ROLLING MEADOWS, IL 60008
p. 847.894.8159
e. i-ngasior@gasiorlaw.com
THE GRANTOR(s), UNIC GROUP INVESTMENT LLC, AN ILLINOIS LIMITED
LIABILITY COMPANY, OF THE VILLAGE OF MOUNT PROSPECT, COUNTY OF
COOK, STATE OF IL, for and in consideration of TEN (10) DOLLARS and other good and
valuable consideration in hand paid, CONVEYS and WARRANTS to THE GRANTEE (S),
JOYCO & AGUADO, INC., AN ILLINOIS CORPORATION AT 1000 E. BARBERRY
LANE MOUNT PROSPECT, IL 60056
I InI 1 01 1 ef Is I try t)y ttTerfiTIOrm
All interest in the following described Real Estate situated in the COUNTY OF COOK in the State of
Illinois, to wit:
LOT 26 IN BUSSE'S RE -SUBDIVISION OF LOTS I TO 6 INCLUSIVE IN BLOCK 4, ALSO LOTS 2
AND 3 IN BLOCK 5, ALL OF BLOCK 6, LOTS 13 TO 24 INCLUSIVE IN BLOCK 7, LOTS 17 TO 20
IN BLOCK 8, ALL IN MEIER'S ADDITION TO MOUNT PROSPECT, A SUBDIVISION IN THE
NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THI=S,
THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY ILLINOIS.
Property Index Numbers: 08-12-113-001-0000
Address of Real Estate: 139-143 W. PROSPECT AVENUE, MOUNT PROSPECT, IL 60056
SUBJECT TO: GENERAL REAL ESTATE TAXES NOT DUE AND PAYABLE AT THE TIME OF
CLOSING, COVENANTS, CONDITIONS, AND RESTRICTIONS OF RECORD, BUILDING LINES
AND EASMENTS, IF ANY, SO LONG AS THEY DO NOT INTERFERE WITH THE CURRENT USE
AND ENJOYMENT OF THE REAL ESTATE.
I-lereby releasing and waiving all rights tinder and by virtue of the Homestead Exemption Laws of the State
of Illinois,
UNIC GROUP INVESTMENT LLC
BISHNU PHUYAL, MANAG , G MEMBER
STATE OF ILLINOIS )
)SS'
COUNTY OF COOK )
1, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY CERTIFY that
BISHNU PHUYAL known to me to be the same person(s) whose name is/are subscribed to the forgoing
instrument, appeared before me this day in person and acknowledged that they signed and delivered the
said instrument as their free and voluntary act and deed for the uses and purposes therein set forth,
including the release and waiver of the right of hptead.
GiVC11 under iny hand and official seal, this ay _ /f -- I 20
L
10I`
OFFICIAL SEAL
MICHAEL T GASIOH
Y PUBLIC,
N�m-y Public NOTARY PUBLIC, STATE OF ILLINOIS
OU
EXPIRES
TY
COOK COUNTY
.X 1/22/2jO24
My COMMISSION EXPIRES 11/22/2024
AFTER RECORDING, MAIL TO:
I I; � ""--
SEND SUBSEQUENT TAX BILLS TO:
08-12-113-001-0000 120221001662491 2-136-631-632
mmmrayffyy)k�#
STATE OF ILLINOIS
SS.
COUNTY OF COOK
The undersigned affiant, being first duly sworn, on oath says, and also covenants with
and warrants to the grantee(s) hereinafter named: JOYCO & AGUADO, INC., AN ILLINOIS
CORPORATION
That affiant has an interest in thee es described below or in the proceeds thereof or are the
grantors in the deed -dated to grantee(s), JOYCO & AGUADO, INC.,
AN ILLINOIS CORPORA 0 conveying the following described premises:
11
That no labor or material has been furnished for premises within the last four months that is not
fully paid for.
That since the title date of Idf 2022, in report on title issued by PRIMARY
TITLE SERVICE, LLC., affiant has —no e Ione or suffered to be done anything that could in any way affect
the title to premises, and no proceedinv have been filed by or against affiant, nor has any judgment or
decree been rendered against affiant, nor is there any judgment, note or other instrument that can result in
a judgment or decree against affiant within five days from the date hereof.
"Chat the affiant is the only party in possession of the premises.
That all water, taxes, except the current bill, have been paid, and that all the insurance policies
assigned have been paid for.
That this instrument is made to induce, and in consideration of, the said grantees' consummation
of the purchase of premises.
Affiant further states: Naught.
4�
DATED this '"""day of 20 Z' -e
11
UNIC GROUP INVESTMENT LLC
BY:
BISHNU PHUYAL, MANAGING MEMBER
STATE OF ILLINOIS
)SS.
COUNTY OF COOK
1, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY
CERTIFY BISHNU PHUYAL known to rue to be the same person whose name is subscribed to the
forgoing instrument, appeared before me this day in person and he signed and delivered the said
instrument, as his free and voluntary act, for the us s and purposes the pit set forth,
7e,-
Given tinder my hand and official seal, this day oK , 20
OFFICIAL SEAL
MI HAELTGASIOR
NOTARY PUBLIC, STATE OF ILLINOIS
COOK COUNTY
24
MY COMMISSION EXPIRES 11/22/201
BILL OF SALE
Seller(s), UNIC GROUP INVESTMENT LLC, AN ILLINOIS LIMITED LIABILITY
COMPANY in consideration of't'en (10) Dollars and other good and valuable consideration,
receipt whereof is hereby acknowledged, does hereby sell, assign, transfer and set over to
Buyer(s), JOYCO & AGUADO, INC., AN ILLINOIS CORPORATION the County of
COOK State of Illinois, the following described personal property located at the premises
commonly known 139-143 W. PROSPECT AVENUE, MOUNT PROSPECT, 11, 60056 to -
wit:
As per attached Real Estate Purchase Contract.
Seller hereby represents and warrants to Buyer(s) that Seller is the absolute owner of said property,
that said property is free and clear of all liens, charges and encumbrances, and that Seller has full right,
power and authority to sell said personal property and to make this bill of sale. ALL WARRANTIES OF
QUALITY, FITNESS, AND MERCHANTABILITY ARE HEREBY EXCLUDED.
IN WITNESS EREOF ler has caused this bill of sale to be signed and scaled in its name
duly authorized this ay 0
UNIC GROUP INVESTMENT LLC
lj
BY:
BISHNU PHUYAL, MANAGING MEMBER
STATE OF ILLINOIS )
)SS.
COUNTY OF COOK )
1, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY
CERTIFY that BISHNU PHUYAL known to me to be the same pet -son whose name is subscribed to
the forgoing instrument, appeared before me this day in person and lie signed and delivered the said
instrument, as his free and voluntary act, for the uses and purposes tl rein Set forth.
Given tinder my hand and official seal, this day of / '20_.
OFFICIAL SEAL
MICHAEL GASIOR
NOTARY PUBLIC, STATE OF ILLINOIS
COOK COUNTY
MY COMMISSION EXPIRES 11/22/2024
1 1�
$0.00
By 09/01/23
IF PAYING LATE,
PLEASE PAY
2022 First Installment Property Tax Bill - Cook County Electronic Bill
Property Index Number (PIN) Volume Code Tax Year (Payable In) Township Classification
08-12-113-001-0000 049 16140 2022 (2023) ELK GROVE 5-92
09/02/2023 - 10/01/2023 10/02/2023 - 11/01/2023 11/02/2023 - 12/01/2023 LATE INTEREST IS 1.5% PER
$0.00 $0.00 $0.00 MONTH, BY STATE LAW
Your Taxing Districts
Money Owed by
Your Taxing
Districts
Pension and
Healthcare Amounts
Promised by Your
Taxing Districts
Amount of
Pension and
Healthcare
Shortage
% of Pension and
Healthcare Costs
Taxing Districts
Can Pay
Northwest Mosquito Abatement Wheeling
$1,080,667
$7,960,421
-$824,317
110.36%
Metro Water Reclamation Dist of Chicago
$3,327,854,000
$3,020,080,000
$1,168,985,000
61.29%
Mt Prospect Park District
$18,433,548
$33,278,233
$388,084
98.83%
Harper Coll Comm College 512 (Palatine)
$385,9679009
$71,570,388
$7195709388
0.00%
Township HS District 214 (Arlington Hts)
$17490849349
$270,533,348
-$10,9419244
104.04%
Mount Prospect Public School District 57
$3,2059837
$30,039,042
$13,7009095
54.39%
Village of Mount Prospect
$1689137,977
$365,344,346
$99,6919444
72.71%
Town of Elk Grove
$1,734,924
$7,055,530
-$19322,183
118.74%
Cook County Forest Preserve District
$233,103,051
$540,107,634
$3289420,280
39.19%
County of Cook
$8,019,310,814
$29,739,673,504
$17,090,063,066
42.53%
Total
$129332,912,176
$34,085,642,446
$18,7599730,613
For a more in-depth look at government finances and how they
affect your taxes, visit cookcountytreasurer.com
PAY YOUR TAXES ONLINE
Pay at cookcountytreasurer.com from your bank account or credit card.
2021 TOTAL TAX 41,801.05
2022 ESTIMATE X 55%
2022 1st INSTALLMENT = 22,990.58
The First Installment amount is 55% of last year's total taxes.
All exemptions, such as homeowner and senior exemptions, will
be reflected on your Second Installment tax bill.
143 W PROSPECT AVE
MOUNT PROSPECT IL 60056
*** Please see 2022 First Installment Payment Coupon next page ***
JOYCO & AGUADO AN ILLI
1000 E BARBERRY LN
MT PROSPECT IL 600561306
2022 First Installment Property Tax Bill
Cook County Payment Coupon
Pursuant to Cook County Ordinance 07-0-68, if you are a mortgage lender, loan servicer, or agent of any entity within the
meaning of 35 ILCS 200/20-12, you may not pay using a downloadable tax bill unless you pay the $5 duplicate bill fee.
DE rACH & INCLUDE wi rH PA MEN r
11M 11
_ T1LG
Property Index Number (PIN) Volume
$0.00 Cook county eBill 08-12-113-001-0000 049
By 09/01/23 Click to pay online Amount Paid
If paying later, refer to amounts above. Click to update Mailing Name/Address
SN 0020220100 RTN 500001075 AN (see PIN) TC 008922 $
00202201000081211300100001008922400000000000000000000000000000000000000000000
This is an Official Downloadable Tax Bill Payment Coupon. COOK COUNTY TREASURER
Please process this coupon along with payment presented. PO BOX 805436
CHICAGO IL 60680-4116
08121130010000/0/22/E/0000000000/1
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LOT 26 IN BUSSE'S RESUBDIVISION ,OF LOTS,: TO 61NCLUSIVT3 , Illinois 60448
2 AND 3 IN BLOCK IN BLOCK 4 ALSO LOTS
5- ALL IN BLOCK 8, LOTS 13 To 24 INCLUSN
17 TO 20 IN BLOCK a ALL IN MEIERPS ADDITION TO MOUNT IN BLOCi 7, LOTS
PROSPECT, A SUBDIVISION
IN THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH, RANGE
OF THE THIRD PRINCIPAL MERIDIAN,, IN COOK COUNTY, ILLINOIS, 11, EAST
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AT PROP. CORNER
LEGEND:
R- RECORD
M- MEASURE
RAD- RADIUS
A- ARC
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Distances are m—J—i to feet and decimals.
Ordered by: Monty Boatright
Order NO.: 14-12-124
Compare an points before building by
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budding lines, restrictions, or easements not
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Field work completed. 12126114
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COUNTY OF VZU ss
Studnicka and Associates, Ltd., an Illinois Land Surveying
Corporation does hereby certify that thislessionall
service conforms to the current Onois standards
for
boundary survey-
i(okena, IL December 26, A.D. 2014
by
License No. 3304 RXDires 11130116
139-143 W. Prospect Ave. - Parking Locations Min 1,000 ft.
Off -Site Parking Agreement
JOYCO-AGUADO APARTMENTS PARKING AGREEMENT
THIS PARKING AGREEMENT (the "Agreement") is made and entered into this
day of , 2023, by and between the Village of Mount Prospect, an Illinois home rule
municipal corporation (the "Village"), and Joyco-Aguado Inc, an Illinois corporation (the
"Developer"), (at times herein referred to collectively as the "Parties").
WHEREAS, Developer has proposed to develop certain real estate, located on the
southeast corner of Prospect Avenue and Pine Street in Mount Prospect, Illinois, as legally
described on Exhibit 1 attached hereto and made part of hereof (the "Subject Property"), for the
purpose of constructing and operating five rental apartments (the "Apartments"); and
WHEREAS, the provisions of the Village of Mount Prospect Village Code (the "Village
Code") require Developer, as new construction within the B-5 Central Commercial Core District
(the "Downtown District"), to provide six (6) off-street parking spaces (the "Off -Street Parking
Requirements"), although the Off -Street Parking Requirements may be satisfied through a lease
of off-site parking "no more than one thousand feet (1,000') from the use served in the central
business district," pursuant to the Village Code; and
WHEREAS, the Village owns certain municipal parking lots and off-street parking spaces
within one thousand feet (1,000') of the Subject Property as depicted on Exhibit 2; and
WHEREAS, the President and Board of Trustees find that it is in the best interests of the
Village to promote the viability of the Downtown District by the development of projects, such as
the Apartments, and that such viability will be promoted by the Village's agreement to permit
Developer to comply with the Off -Street Parking Requirements through the use of Village -owned
and maintained parking spaces located on Village -owned surface lots and/or parking decks within
one thousand feet (1,000') of the Apartments, to the extent specifically provided for in this
agreement;
NOW THEREFORE, in consideration of the foregoing and the mutual understandings,
promises, considerations and agreements as set forth below, the Parties hereby agree and covenant
as follows:
1. Developer shall request from the Village, and the Village shall make available on behalf of
Developer's residential tenants, on an annual basis, parking permits to authorize parking
located on Village -owned surface lot in the alley located between Pine and Wille Streets,
as depicted on Exhibit 3 (the "Permits"), up to a maximum of six (6) such Permits in
aggregate at any given time. These permits shall be for the use of Apartments residential
tenants only. Developer shall pay the same rate as for overnight parking in Village -owned
spaces in the downtown. Developer understands that the current rate, as of the effective
date of this agreement, is $90 per space per month, subject to future modifications by the
Village applicable to all such spaces.
2. The Village shall, in its sole discretion, designate which Surface Lots and which area(s)
within the Village Parking Decks, if any, may be utilized by Developer for parking under
this Agreement. In addition, the Village may, in its sole discretion, designate parking spaces
on such other property as the Village may own, lease or otherwise control, for use under
this Agreement, so long as such parking spaces are within on thousand feet (1,000') of
Apartments.
3. The Village shall, in it its sole discretion, have authority to modify such designations at any
time upon thirty (30) days prior written notice to Developer, so as long the total of six (6)
parking spaces continues to be made available to Developer within one thousand feet
(1,000') of Apartments.
4. Apartments residential tenants shall abide by all Village rules and regulations of general
applicability for display of the Permits and use of public parking facilities in the Village in
effect from time to time.
5. This Agreement shall remain in full force and effect for a period of twenty (20) years from
and after its effective date. This Agreement may be renewed by the Parties thereafter, for
such term, and under such terms and conditions, as the Parties may agree to.
Notwithstanding the foregoing, if Developer at any times acquires or provides permanently
through other means six (6) parking spaces (alone or in combination with additional spaces
and/or uses) for the exclusive use of Apartment's residential tenants and within on thousand
feet (1,000') of Apartments, Developer shall have the right to terminate this Agreement
effective as of the end of any calendar month, but not less than thirty (30) days prior written
notice to the Village, and the Village agrees to rebate and refund any parking fees paid in
advance for calendar months thereafter.
6. The parking spaces referred to in this Agreement have been determined to meet the Off -
Street Parking Requirements for Apartments.
7. Any Notice required under this Agreement shall be made in writing and given in person,
by overnight delivery or by certified mail, return receipt requested, addressed to the parties
as follows, or at such other place either of them may hereafter designate for itself by notice
in writing to the other:
To: Village
Director of Finance Department
Village of Mount Prospect
50 S. Emerson Street
Mount Prospect, Illinois 60056
To: Developer
Notice by mail shall become effective three (3) days after the date of mailing, and
personal notice or overnight delivery notice shall become effective upon delivery.
8. This Agreement shall run with the land for so long as Apartments exist on the Subject
Property. In the event that Developer wishes to transfer its interest in this Agreement, and
the new owner operates a different use, then the Village shall be free to determine whether
it will enter into a similar agreement with the proposed transferee.
9. This Agreement may be terminated by the Village, in the event that Developer, or any of
its officers, agents, or employees, fails to comply with the terms hereof, and fails to current
said non-compliance within thirty (30) days of receiving written notice thereof from the
Village.
10. If any provision of this Agreement is found to be invalid, illegal or unenforceable, that
provisions shall be severable from the rest of this Agreement and the validity, legality, and
enforceability of the remaining provisions will in no way be affected or impaired.
11. This Agreement shall be governed by, and construed in accordance with, the laws of the
State of Illinois. Venue shall only be proper in a court of competent jurisdiction located
within the County of Cook, Illinois.
IN WITNESS WHEREOF, the Parties hereto executed this Agreement as of the dates set forth
below and the date of the last signatory below shall be inserted on page of this Agreement, as the
Effective Date of this Agreement.
VILLAGE OF MOUNT PROSPECT,
an Illinois home rule municipal corporation
By:
Name:
Title:
Date:
JOYCO-AGUADO, INC,
an Illinois corporation
By:
Name:
Title:
Date:
EXHIBIT 1
Legal Description
LOT 26 IN BUSSE'S RESUBDIVISION OF LOTS 1 TO 6 INCLUSIVE IN BLOCK 4, ALSO
LOTS 2 AND 3 IN BLOCK 5, ALL IN BLOCK 6, LOTS 13 TO 24 INCLUSIVE IN BLOCK 7,
LOTS 17 TO 20 IN BLOCK 8, ALL IN MEIER'S ADDITION TO MOUNT PROSPECT, A
SUBDIVISION OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTRY, ILLINOIS.
P.I.N. 08-12-113-001-0000
EXHIBIT 2
139-143 W. Prospect Ave.
EXHIBIT 3
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE MAYOR TO SIGN A PARKING AGREEMENT BETWEEN THE VILLAGE OF MOUNT
PROSPECT AND JOYCO-AGUADO, INC FOR THE PROPERTY LOCATED AT 139-143 W. PROSPECT AVENUE (PZ -16-23)
WHEREAS, Joyco & Aguado, Inc. has proposed to convert vacant office space into five residential rental units at the property
located at 139-143 W. Prospect Avenue leally described as:
LOT 26 IN BUSSE'S RESUBDIVISION OF LOTS 1 TO 6 INCLUSIVE IN BLOCK 4, ALSO LOTS 2 AND 3 IN BLOCK 5,
ALL OF BLOCK 6, LOTS 13 TO 24 INCLUSIVE IN BLOCK 7, LOTS 17 TO 20 IN BLOCK 8, ALL IN MEIER'S ADDITION
TO MOUNT PROSPECT, A SUBDIVISION IN THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH,
RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY ILLINOIS.
PIN: 08-12-113-001-0000; and
WHEREAS, the provisions of the Village of Mount Prospect Village Code, Section 14.22047.1, a minimum of six (6) parking
stalls must be provided for the proposed five residential units; and
WHEREAS, the Village owns certain municipal parking lots and off-street parking spaces within one thousand feet (1,000')
of the Subject Property (the "Surface Lots"); and
WHEREAS, the President and Board of Trustees find that it is in the best interests of the Village to promote the viability of
the Downtown District by the development of projects and that such viability will be promoted by the Village's agreement
to permit Joyco & Aguado, Inc. to comply with the Off -Street Parking Requirements through the use of Village -owned and
maintained parking spaces at the Surface Lots to the extent specifically provided for in this Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT
PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: The Board of Trustees of the Village of Mount Prospect do hereby authorize the Mayor to sign a parking
agreement between the Village of Mount Prospect and Joyco & Aguado, Inc. for the property located at 139-143 W. Prospect
Avenue (PZ -16-23) attached hereto and made part of this Resolution as Exhibit "A"
SECTION TWO: 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 17th day of October 2023.
Paul Wm. Hoefert
Mayor
ATTEST:
Karen M. Agoranos
Village Clerk