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HomeMy WebLinkAboutRESOLUTIONS-2010-057-R-10C 10/22/2010 57-R-10 A RESOLUTION Endorsing Ward Manufacturing Company's Application to the Cook County Assessor for 6b Status Designation for Acquisition and Rehabilitation of the Vacant Building Located at 2222 Main Street, Evanston, Illinois WHEREAS, the City of Evanston, Cook County, Illinois, (the "City") is a home rule unit of government under the Illinois Constitution of 1970; and WHEREAS, there exists within the borders of the City a recognized need for economic development, business expansion and employment; and WHEREAS, there exists the need to aid in financing the cost of economic development projects in order to relieve conditions of unemployment • and to encourage an increase in commerce and industry within the City, thereby reducing unemployment and to provide for the increased welfare and prosperity of the residents; and WHEREAS, the City Council desires to promote the development of industry within its borders; and WHEREAS, the Cook County Assessor operates under an ordinance, known as the Cook County Real Property Classification Ordinance, which the Cook County Board of Commissioners enacted in order to encourage industrial and commercial development in Cook County; and WHEREAS, Ward Manufacturing Company (the "Applicant") has 0 applied for or is applying for Class 6b property status pursuant to said ordinance, for certain real estate, located at 2222 Main Street in the City, with the Property N 57-R-10 Index Numbers 10-24-300-040-0000 and 10-24-301-014-0000 (the "Subject • Property"), and has documented that such incentive provided for in said ordinance is necessary for business expansion and rehabilitation to occur on the Subject Property; and WHEREAS, the Applicant has committed to establish a cooperative effort with School District 202 to train young City residents; and WHEREAS, the Applicant has agreed to market affirmatively employment opportunities to Evanston residents, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the City Council hereby grants the request of the Applicant to have the Subject Property declared eligible for Class 6b status pursuant to the Cook County Real Property Classification Ordinance because the • City Council recognizes that the incentive benefits provided for in said ordinance are necessary for the development of the Subject Property to occur. SECTION 2: That the City Council hereby supports and consents to the Cook County Assessor granting the Subject Property 6b status pursuant to the Cook County Real Property Classification Ordinance. SECTION 3: That the City Manager is hereby authorized and directed to sign any documents necessary to implement this resolution. SECTION 4: That this resolution shall be in full force and effect from and after its adoption. —2— • • • Eliza B. Tisdahl, Mayor Atte Rodney Greeqe, City Clerk Adopted:q DAY_i'11 9 , 2010 -3- 57-R-10