HomeMy WebLinkAbout05-261 Resolution No. 05-261
RESOLUTION
AUTHORIZING REQUEST TO INTERVENE BY Ti E CITY OF ELGIN IN A
PROCEEDING INVOLVING ELGIN RIVERBOAT RES ORT PENDING BEFORE THE
STATE OF ILLINOIS PROPERTY TAX • 'PEAL BOARD
WHEREAS,the City of Elgin is a municipal corporatio operating and existing pursuant to
the laws of the State of Illinois and has the statutory power and .uthority to levy real property taxes
pursuant to the laws of the State of Illinois; and
WHEREAS, the property commonly known as 250 So th Grove Avenue,Permanent Index
Numbers 06-13-358-013 and 06-13-359-040,is located within t•e City of Elgin(hereinafter"Subject
Property"); and
WHEREAS, the City of Elgin is the owner of the subj ct property; and
WHEREAS, Elgin Riverboat Resort is the lessee of th; Subject Property; and
WHEREAS, Elgin Riverboat Resort has filed an appe.1 with the State of Illinois Property
Tax Appeal Board (hereinafter "PTAB") seeking to reduce t e assessed valuation of the subject
property with such appeal being identified in the PTAB record as Docket Numbers 03-01043.001-
C-3 and 03-01043.002-C-3; and
WHEREAS,the requested assessment reduction will e iect the ability of the City of Elgin to
obtain necessary income to operate and maintain the program• and services offered by the City of
Elgin by reducing its property tax base; and
WHEREAS,it is in the best interests and financial inter. 'ty of the City of Elgin to intervene
in the above-referenced proceedings before the PTAB.
NOW, THEREFORE, BE IT RESOLVED BY THE OITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS, as follows:
Section 1. That the city's Special Counsel in this ma er Attorneys Michael F.Baccash and
Robert M. Sarnoff and the law firm of Sarnoff and Baccash oi Chicago, Illinois be and are hereby
authorized to take any and all action necessary to intervene in the above referenced matters.
Section 2. That the city's Special Counsel for this atter Attorneys Michael F. Baccash
and Robert M. Sarnoff and the law firm of Sarnoff and Bac;ash of Chicago, Illinois be and are
hereby authorized to provide any and all legal services deeme• necessary to protect the interests of
the City of Elgin in the above referenced matters.
Section 3. That all resolutions or parts of resolutions in conflict herewith be and the same
are hereby repealed, and this resolution shall be in full force . 1 d effect immediately and forth with
upon its passage.
s/E• Schock
Ed S I hock,Mayor
s • ,
Presented: August 24, 2005
Adopted: August 24, 2005
Vote: Yeas: 7 Nays: 0
Attest:
s/Dolonna Mecum
Dolonna Mecum, City Clerk