HomeMy WebLinkAboutRESOLUTIONS-2013-051-R-13•
11/13/2013
51-R-13
A RESOLUTION
Endorsing the Application of Autobarn Motors, Ltd. to
the Cook County Assessor for 7b Status Designation
for Commercial Development of the Vacant Property
Located at 222 Hartrey Avenue, Evanston, Illinois
WHEREAS, the City of Evanston, Cook County, Illinois (the "City"), is a
home rule unit of government pursuant to 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
• commercial development projects in order to relieve conditions of unemployment and to
encourage an increase in commerce 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 new commercial
development 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, Autobarn Motors, Ltd., an Illinois corporation (the "Applicant"),
is the contract purchaser of certain real estate, located at 222 Hartrey Avenue in the
City, with the PINs 10-25-104-014-0000 and 10-25-104-015-0000 (the "Subject _
Property"); and
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WHEREAS, the Applicant has .no financial interest in the se9ler of the •
Subject Property; and
WHEREAS, the Subject Property is improved with a building that has
been vacant for more than twenty-four (24) continuous months; and
WHEREAS, the Applicant intends to rehabilitate and/or redevelop the
Subject Property in order to operate a commercial use thereon, namely support facilities
for an automobile dealership (the "Project'); and
WHEREAS, the Applicant has applied or is applying for Class 7b property
status pursuant to the Cook County Real Property Classification Ordinance; and
4- WHEREAS, the City finds that the Subject Property meets the eligibility
requirements set forth in the Class 7b, specifically: (a) the Subject Property is located
within a designated area in need of increased commercial development; (b) read estate- •
taxes within said area, during the last six (6) years, have declined, remained stagnant,
or are not fully tcalized due to the depressed condition of the area; (c) the Project is
both viable and likely to proceed on a reasonably timely basis, thereby contributing to
the economic enhancement of the area; (d) Class 7b status will materially assist re-
development or rehabilitation of the area and the Project would not proceed without the
incentive offered under Class 7b; and (e) Class 7b status for the Subject Property, and
therefore the Project, is reasonably expected to ultimately result in an increase in real
property tax revenue and employment opportunities within the area,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS, THAT:
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• SECTION 1: The foregoing recitals are hereby found as fact and
incorporated herein by reference.
SECTION 2: The City Council hereby finds that the Subject Property and
surrounding area are in need of commercial development, the Subject Property will
remain underutilized without Class 7b status, and the incentive benefits provided for
pursuant to Class 7b status are necessary for commercial development of the Subject
Property to occur.
SECTION 3: The City Council hereby supports and consents to the
Applicant's request to the Cook County Assessor for Class 7b status for the Subject
Property, made pursuant to the Cook County Real Property Classification Ordinance.
SECTION 4: The City Manager is hereby authorized and directed to sign
• any documents necessary to implement this resolution.
SECTION 5: When necessary to effectuate the terms, conditions, and
purposes of this resolution, "Applicant" shall be read as "Applicant's agents, assigns,
and successors in interest".
SECTION 6:. This resolution shall be in full force and effect from and
after its passage and approval in the manner provided by law.
Att
Rpl ney Grene; sty Clerk
Adopted -�,111tV 15, 2013
•
Eli eth B. Tisdahl, Mayor
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