R-273-93 Supporting and consenting to the filing of a Cook County class 6B application for the property located at 305 Canal Street in the Village of Lemonttt
l.�
VILLAGE OF LEMONT
RESOLUTION NO. �7J
DATE OF APPROVAL (o
VILLAGE OF LE
"418 Main StreeONT t
Lemont, IL 60439
93647716
A RESOLUTION SUPPORTING AND CONSENTING TO THE FILING OF A COOK COUNTY CLASS 6B
APPLICATION FOR PROPERTY LOCATED AT 305 CANAL STREET IN THE VILLAGE OF LEMONT
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois, is interested in
encouraging the expansion of existing manufacturing businesses and the attraction of new
manufacturing businesses to the Village of Lemont, Illinois; and
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois is aware of the long term
benefits of encouraging manufacturing, including the creation of employment opportunities and
increase in assessed valuation; and
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois realizes that the Village
of Lemont is in competition with other municipalities throughout the state and in other states for
industrial prospects; and
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois, is desirous of providing
practical incentives for the construction and expansion of manufacturing uses in the Village of
Lemont; and
WHEREAS, the Cook County Real Property Assessment Classification Ordinance, as
amended, provides that the Village of Lemont may pass a resolution approving the use by the Cook
County Assessor of the aforementioned Class 6B Property Tax Incentive Abatement; and
WHEREAS, the Village of Lemont has received an application from J.Paul and Eileen E.
Orednick seeking the adoption of a resolution authorizing the County of Cook, to determine that a
parcel located at 305 Canal Street (the "Subject Property") in the Village of Lemont and legally
described on Exhibit A attached hereto and made a part hereof, qualifies for Class 68 Tax Treatment
pursuant to the Cook County Real Property Assessment Classification Ordinance; and
WHEREAS, J.Paul and Eileen E. Orednick have undertaken a program to substantially
rehabilitate an existing historic property; and
WHEREAS, the Board of Trustees of the Village of Lemont, has determined that this incentive
is necessary for development to occur on the subject property and that the Board of Trustees of the
Village of Lemont, supports and consents to the Class 68 Application submitted to the Cook County
Assessor.
WHEREAS, J.Paul and Eileen Orednick will have approximately twelve (12) employees at this
site; and
WHEREAS, J.PauI and Eileen Orednick made proper application to the Village in accordance
with the necessary documentation and application fee required by the Enabling Ordinance No. 766;
NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village
of Lemont, Illinois as follows: That the property owned by J. Paul and Eileen E. Orednick to be
occupied by BG Industries and legally described on Exhibit A, attached hereto and made a part
hereof, is within a properly certified Tax Increment Finance (TIF) District; and
BE IT FURTHER RESOLVED, that the President and Board of Trustees of the Village of
Lemont, Illinois, hereby approve the use of the Class 68 Tax Incentive by the Cook County Assessor
for the aforementioned property.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE
OF LE T, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS, on this a.r. day of
!/ 72�2-- , 1993.
Barbara Buschman
Alice Chin
Keith Latz
William Margalus
Rick Rimbo
Ralph Schobert
Approved by me this day of
Attest:
AYES NAYES PASSED ABSENT
V
v
CHARLENE M. SMOLLEN, Village Clerk
--- , 1993.
CHARLENE M. SMOLLEN, Village Clerk
,(fike
CHARD A. KWAS SKI, Village President
Cit
Exhibit "A"
PARCEL 1
LOT 17 IN THE COUNTY CLERK'S DIVISION OF UNSUBDIVIDED LANDS IN SECTION 20, TOWNSHIP
37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN (EXCEPT THAT PART OF SAID
LOT 17 THAT MAY BE OR MAY PURPORT TO BE REGISTERED UNDER AN ACT CONCERNING LAND
TITLES, APPROVED AND IN FORCE MAY 1, 1897 IN LAND REGISTRATION PROCEEDINGS IN THE
CIRCUIT COURT OF COOK COUNTY, ILLINOIS AS NO LR 7405).
ALSO
THOSE PARTS OF VACATED HINSDALE STREET AND VACATED LAWRENCE STREET IN THE
VILLAGE OF LEMONT LYING NORTHERLY OF THE NORTHERLY LINE OF CANAL STREET AND
SOUTHERLY OF THE NORTH LINE OF LOT 6 IN BLOCK 28 IN KEEPOTAW IN SAID SECTION 20,
PRODUCED WEST AND DUE WEST OF A LINE COMMENCING AT A POINT ON SAID NORTHERLY
LINE OF CANAL STREET 56.96 FEET EASTERLY FROM AND PARALLEL TO THE WESTERLY LINE
OF SAID LOT 17. THENCE NORTHERLY ALONG A LINE WHICH IS 56.96 FEET EASTERLY FROM AND
PARALLEL TO THE WESTERLY LINE OF SAID LOT 17. A DISTANCE OF 68.65 FEET, THENCE
EASTERLY ALONG A LINE PARALLEL TO THE NORTH LINE OF SAID CANAL STREET A DISTANCE
OF 6 FEET MORE OR LESS TO ITS INTERSECTION WITH A LINE 15 FEET WEST OF AND PARALLEL
TO THE WEST LINE OF SAID LOT 6 IN BLOCK 28 IN KEEPOTAW: THENCE NORTH ALONG SAID
LAST MENTIONED PARALLEL LINE TO ITS INTERSECTION WITH THE NORTH LINE OF SAID LOT
6 IN BLOCK 28 IN KEEPOTAW EXTENDED WEST IN COOK COUNTY ILLINOIS.
PARCEL 2 20- y U L( Dos-
ALL OF LOT 18 AND VACATED EASTERLY 10 FEET OF LEMONT STREET (FORMERLY LULL
STREET) WESTERLY OF AND ADJOINING LOT 18 IN COUNTY CLERK'S DIVISION OF
UNSUBDIVIDED LAND IN THE HALF OF THE SOUTHEAST QUARTER OF SECTION 20-TOWNSHIP
37 NORTH RANGE 11 EAST OF THE PRINCIPAL MERIDIAN IN COOK COUNTY ILLINOIS.
VILLAGE OF LEMONT
RESOLUTION NO. -7J
DATE OF APPROVAL (, - ,a? -5'3
VILLAGE OF LEMONT
418 Main Street
Lemont, IL 60439
t 9364 716
A RESOLUTION SUPPORTING AND CONSENTING TO THE FILING OF A COOK COUNTY CLASS 6B
APPLICATION FOR PROPERTY LOCATED AT 305 CANAL STREET IN THE VILLAGE OF LEMONT
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois, is interested in
encouraging the expansion of existing manufacturing businesses and the attraction of new
manufacturing businesses to the Village of Lemont, Illinois; and
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois is aware of the long term
benefits of encouraging manufacturing, including the creation of employment opportunities and
increase in assessed valuation; and
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois realizes that the Village
of Lemont is in competition with other municipalities throughout the state and in other states for
industrial prospects; and
WHEREAS, the Board of Trustees of the Village of Lemont, Illinois, is desirous of providing
prac:icai incentives for the construction and expansion of manufacturing uses in the Village of
Lamont; and •
WHEREAS, the Cook County Real Property Assessment Classification Ordinance, as
amended, provides that the Village of Lemont may pass a resolution approving the use by the Cook
County Assessor of the aforementioned Class 68 Property Tax Incentive Abatement; and
WHEREAS, the Village of Lemont has received an application from J.PauI and Eileen E.
Orednick seeking the adoption of a resolution authorizing the County of Cook, to determine that a
parcel located at 305 Canal Street (the "Subject Property ") in the Village of Lemont and legally
described on Exhibit A attached hereto and made a part hereof, qualifies for Class 68 Tax Treatment
pursuant to the Cook County Real Property Assessment Classification Ordinance; and
WHEREAS, J.PauI and Eileen E. Orednick have undertaken a program to substantially
rehabilitate an existing historic property; and
WHEREAS, the Board of Trustees of the Village of Lemont, has determined that this incentive
is necessary for development to occur on the subject property and that the Board of Trustees of the
Village of Lemont, supports and consents to the Class 6B Application submitted to the Cook County
Assessor.
WHEREAS, J.PauI and Eileen Orednick will have approximately twelve (12) employees at this
site; and
WHEREAS, J.Paul and Eileen Orednick made proper application to the Village in accordance
with the necessary documentation and application fee required by the Enabling Ordinance No. 766;
NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Trustees of the Village
of Lemont, Illinois as follows: That the property owned by J. Paul and Eileen E. Orednick to be
occupied by BG Industries and legally described on Exhibit A, attached hereto and made a part
hereof, is within a properly certified Tax Increment Finance (TIF) District; and
BE IT FURTHER RESOLVED, that the President and Board of Trustees of the Village of
Lemont, Illinois, hereby approve the use of the Class 68 Tax Incentive by the Cook County Assessor
for the aforementioned property.
PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE
OF LE T, COUNTIES OF COOK, WILL, AND DU PAGE, ILLINOIS, on this day of
, 1993.
Barbara Buschman
Alice Chin
Keith Latz
William Margalus
Rick Rimbo
Ralph Schobert
Approved by me this e day of
Attest:
AYES NAPES PASSED ABSENT
v
21
CHARLENE M. SMOLLEN, Village Clerk
Oil , 1993.
CHARLENE M. SMOLLEN, Village Clerk
CHARD A. KWASN SKI, Village President
Exhibit "A"
PARCEL 1
LOT 17 IN THE COUNTY CLERK'S DIVISION OF UNSUBDIVIDED LANDS IN SECTION 20, TOWNSHIP
37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN (EXCEPT THAT PART OF SAID
LOT 17 THAT MAY BE OR MAY PURPORT TO BE REGISTERED UNDER AN ACT CONCERNING LAND
TITLES, APPROVED AND IN FORCE MAY 1, 1897 IN LAND REGISTRATION PROCEEDINGS IN THE
CIRCUIT COURT OF COOK COUNTY, ILLINOIS AS NO LR 7405).
(9,2 o20 yogi 0 >0
ALSO
THOSE PARTS OF VACATED HINSDALE STREET AND VACATED LAWRENCE STREET IN THE
VILLAGE OF LEMONT LYING NORTHERLY OF THE NORTHERLY LINE OF CANAL STREET AND
SOUTHERLY OF THE NORTH LINE OF LOT 6 IN BLOCK 28 IN KEEPOTAW IN SAID SECTION 20,
PRODUCED WEST AND DUE WEST OF A LINE COMMENCING AT A POINT ON SAID NORTHERLY
LINE OF CANAL STREET 56.96 FEET EASTERLY FROM AND PARALLEL TO THE WESTERLY LINE
OF SAID LOT 17. THENCE NORTHERLY ALONG A LINE WHICH IS 56.96 FEET EASTERLY FROM AND
PARALLEL TO THE WESTERLY LINE OF SAID LOT 17. A DISTANCE OF 68.65 FEET, THENCE
EASTERLY ALONG A LINE PARALLEL TO THE NORTH LINE OF SAID CANAL STREET A DISTANCE
OF 6 FEET MORE OR LESS TO ITS INTERSECTION WITH A LINE 15 FEET WEST OF AND PARALLEL
TO THE WEST LINE OF SAID LOT 6 IN BLOCK 28 IN KEEPOTAW: THENCE NORTH ALONG SAID
LAST MENTIONED PARALLEL LINE TO ITS INTERSECTION WITH THE NORTH LINE OF SAID LOT
6 IN BLOCK 28 IN KEEPOTAW EXTENDED WEST IN COOK COUNTY ILLINOIS.
2 Z 4109
PARCEL 2
ALL OF LOT 18 AND VACATED EASTERLY 10 FEET OF LEMONT STREET (FORMERLY LULL
STREET) WESTERLY OF AND ADJOINING LOT 18 IN COUNTY CLERK'S DIVISION OF
UNSUBDIVIDED LAND IN THE HALF OF THE SOUTHEAST QUARTER OF SECTION 20 TOWNSHIP
37 NORTH RANGE 11 EAST OF THE PRINCIPAL MERIDIAN IN COOK COUNTY ILLINOIS.
22- 2D -t /oy— °° `'(