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Home My WebLink About26-61 Certified State of Illinois ) County of Kane) City of Elgin ) CERTIFICATE OF CITY CLERK I, Kimberly Dewis, DO HEREBY CERTIFY that I am the duly qualified City Clerk of the City of Elgin, in the Counties of Kane and Cook in the State of Illinois, and that as such City Clerk I am the keeper and custodian of the files and records of said City of Elgin and the seal thereof. I DO FURTHER CERTIFY that the attached is a full, true, and correct copy of: RESOLUTION NO. 26-61 RESOLUTION DETERMINING REAL ESTATE LOCATED AT 1717 GIFFORD ROAD IS APPROPRIATE FOR CLASS 6B COOK COUNTY REAL PROPERTY ASSESSMENT CLASSIFICATION (PJP Holdings, LLC —Axium Packaging, LLC) adopted by the Elgin City Council at its legally convened meeting held on April 8, 2026. In Witness Whereof, I have hereunto set my hand and affixed the corporate seal of the City of Elgin at the said City in the County and State aforesaid this April 8, 2026. /)11/6____ Kimbe ly D is, City Clerk .. '''''',\\ r-- `, (SEAL) Resolution No. 26-61 RESOLUTION DETERMINING REAL ESTATE LOCATED AT 1717 GIFFORD ROAD IS APPROPRIATE FOR CLASS 6B COOK COUNTY REAL PROPERTY ASSESSMENT CLASSIFICATION (PJP Holdings, LLC—Axium Packaging, LLC) WHEREAS, the City of Elgin (the "City") desires to promote the creation, retention, and expansion of business and industry in the City; and WHEREAS,the Cook County Board of Commissioners has adopted the Cook County Real Property Classification Ordinance which creates the Class 6b Tax Assessment Program to create and retain industrial development in Cook County; and WHEREAS, PJP Holdings, LLC (the "Applicant") has signed a purchase and sale agreement to purchase the property located at 1717 Gifford Avenue, Cook County, Illinois, consisting of Permanent Index Numbers 06-31-202-001, 06-31-202-007, 06-31-202-008, and 06- 31-202-011, consisting of approximately 20.2 acres of total land area and as further described in the legal description attached hereto as Exhibit "A" and made a part hereof(the "Property") and has applied for or is applying for a Class 6b Cook County Real Property Assessment Classification based on Substantial Rehabilitation and on Occupation of Abandoned Property With Special Circumstances for the Property; and WHEREAS,Applicant intends to improve the existing building and the Property to be used as the third Illinois location for Axium Packaging,LLC on the Property and has requested that the City grant approval of a Cook County Class 6b Tax Assessment Classification based on Substantial Rehabilitation and on Occupation of Abandoned Property With Special Circumstances for the Property; and WHEREAS, such approval is required prior to the filing of an application with the County of Cook to be considered for approval; and WHEREAS, the City is a Home Rule municipality within the purview of Article VII, Section 6(a) for the Illinois Constitution (1970) and may exercise any power and perform any function pertaining to its government and affairs; and WHEREAS, the City has received the Applicant's Economic Disclosure Statement(EDS) Affidavit; and WHEREAS, it has been determined by the Mayor and City Council of the City of Elgin that approving the Cook County Class 6b for the Property is necessary and beneficial for the local economy; and WHEREAS, to promote commercial stability, property values of neighboring commercial property, prevent potential blight brought on by vacancy and to create and retain jobs within the City,the Mayor and City Council of the City of Elgin have determined that it is in the best interests of the City to approve the Class 6b incentive for the Property based on Substantial Rehabilitation and on Occupation of Abandoned Property With Special Circumstances. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that it hereby finds and determines that the Property is appropriate for classification 6b under the Cook County Real Property Assessment Classification Ordinance. BE IT FURTHER RESOLVED, that the City of Elgin supports and consents to the Class 6b Cook County Real Property Assessment Classification as being necessary for the occupancy and improvement of the Property and that without such incentive, the Property is unlikely to be occupied and improved. BE IT FURTHER RESOLVED, that the City supports and consents to the filing of an application by the owner of the Property as provided by the Cook County Real Property Assessment Classification Ordinance. BE IT FURTHER RESOLVED, that the City Clerk be and is hereby authorized and directed to furnish the Office of the Cook County Assessor with two certified copies of this resolution. s/ David J. Kaptain David J. Kaptain, Mayor Presented: April 8, 2026 Adopted: April 8, 2026 Omnibus Vote: Yeas: 8 Nays: 0 Attest: s/Kimberly Dewis Kimberly Dewis, City Clerk 2 EXHIBIT A LEGAL DESCRIPTION PARCEL 1: LOT 3 AND THE WEST 40 FEET OF LOT 4 IN ELGIN-VICTOR INDUSTRIAL PARK UNIT NUMBER 1, BEING A SUBDIVISION OF PART OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 31,TOWNSHIP 41 NORTH,RANGE 9,EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PARCEL 2: THE WESTERLY 90 FEET OF THE SOUTH 65 FEET OF LOT 4 IN ELGIN-VICTOR INDUSTRIAL PARK UNIT NO. 1, BEING A SUBDIVISION OF PART OF THE NORTHEAST 1/4 OF SECTION 31,TOWNSHIP 41 NORTH,RANGE 9,EAST OF THE THIRD PRINCIPAL MERIDIAN ACCORDING TO THE PLAT THEREOF REC- ORDED IN RECORDER'S OFFICE OF COOK COUNTY, ILLINOIS ON DECEMBER 9, 1966 AS DOCUMENT NO. 20019150, EXCEPTING THEREFROM THE WEST 40 FEET, IN COOK COUNTY, ILLINOIS. PARCEL 3: THAT PART OF LOT 4 IN ELGIN-VICTOR INDUSTRIAL PARK UNIT NUMBER 1, BEING A SUBDIVISION OF PART OF THE NORTHEAST QUARTER OF SECTION 31, AND PART OF THE NORTHWEST QUARTER OF SECTION 32, TOWNSHIP 41 NORTH, RANGE 9 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED DECEMBER 9, 1966 AS DOCUMENT 20019150, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF SAID LOT 4; THENCE NORTH 88 DEGREES 36 MINUTES 01 SECOND EAST ALONG THE NORTH LINE OF SAID LOT 4, A DISTANCE OF 40.01 FEET TO THE EAST LINE OF THE WEST 40 FEET OF SAID LOT 4 AS MONUMENTED FOR THE POINT OF BEGINNING; THENCE SOUTH 00 DEGREES 07 MINUTES 02 SECONDS WEST ALONG SAID EAST LINE, 531.12 FEET TO THE NORTH LINE OF THE SOUTH 65 FEET OF SAID LOT 4 AS MONUMENTED; THENCE NORTH 88 DEGREES 43 MINUTES 05 SEC- ONDS EAST ALONG SAID NORTH LINE, 49.75 FEET TO THE EAST LINE OF THE WEST 90 FEET OF SAID LOT 4 AS MONUMENTED; THENCE NORTH 00 DE- GREES 07 MINUTES 02 SECONDS EAST ALONG SAID EAST LINE, 531.22 FEET TO THE NORTH LINE OF SAID LOT 4;THENCE SOUTH 88 DEGREES 36 MINUTES 01 SECOND WEST ALONG SAID NORTH LINE, 49.75 FEET TO THE POINT OF BEGINNING; IN COOK COUNTY, ILLINOIS. PERMANENT INDEX NUMBERS:06-31-202-001, 06-31-202-007, 06-31-202-008, and 06-31-202-011 ADDRESS OF REAL ESTATE: 1717 Gifford Road, Elgin, IL 60120 3