<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Board of Commissioners of Cook County - Meeting of Business and Economic Development Committee on 5/11/2022 at 10:00 AM</title><link>https://cook-county.legistar.com/Gateway.aspx?M=CalendarDetail&amp;From=RSS&amp;ID=965132&amp;GUID=3A14F3B9-7A65-4163-B676-E77505145CDA</link><description /><generator>Legistar</generator><ttl>15</ttl><atom:link href="https://cook-county.legistar.com/Feed.ashx?GUID=3A14F3B9-7A65-4163-B676-E77505145CDA&amp;ID=965132&amp;M=CalendarDetail" rel="self" type="application/atom+xml" /><item><title>22-3254</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5647971&amp;GUID=E33BF9BB-337A-4180-AAFE-B5149A5EB772</link><guid isPermaLink="false">E33BF9BB-337A-4180-AAFE-B5149A5EB772-2023-01-30-16-52-10</guid><description>File #: 22-3254&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Committee Minutes&lt;br /&gt;Title: COMMITTEE MINUTES

Approval of the minutes from the meeting of 04/05/2022&lt;br /&gt;Action: approve&lt;br /&gt;Result: Pass</description><category>Committee Minutes</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2568</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5541256&amp;GUID=F6055E02-8A96-4401-A348-6AD5C30DF795</link><guid isPermaLink="false">F6055E02-8A96-4401-A348-6AD5C30DF795-2023-01-30-16-52-10</guid><description>File #: 22-2568&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution (Class 6B) Purchase for Value&lt;br /&gt;Title: PROPOSED RESOLUTION

 Benziger LLC  6B PROPERTY TAX INCENTIVE REQUEST 

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b application containing the following information: 

Applicant: Benziger LLC

Address: 700 Touhy Ave., Elk Grove Village, Illinois 60007

Municipality or Unincorporated Township: Village of Elk Grove 

Cook County District:  15 District 

Permanent Index Number: 08-27-303-076-0000  

Municipal Resolution Number: Village of Elk Grove Resolution Number 62-19  

Number of month property vacant/abandoned: Eight (8) months vacant 

Special circumstances justification requested: Yes  

Proposed use of property:  Industrial use - warehousing, manufacturing, and distribution  

Living Wage Ordinance Compliance Affidavit Provided: Yes 

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and

WHEREAS, the Cook County Classi&lt;br /&gt;Action: recommend for approval&lt;br /&gt;Result: Pass</description><category>Resolution (Class 6B) Purchase for Value</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2569</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5541257&amp;GUID=BEA11C51-F5A4-406C-9294-2739859A326F</link><guid isPermaLink="false">BEA11C51-F5A4-406C-9294-2739859A326F-2023-01-30-16-52-10</guid><description>File #: 22-2569&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution (Class 6B) Purchase for Value&lt;br /&gt;Title: PROPOSED RESOLUTION

Martin Lane Group, Inc. 6B PROPERTY TAX INCENTIVE REQUEST 

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b application containing the following information: 

Applicant: Martin Lane Group, Inc

Address: 200 Martin Lane, Elk Grove Village, Illinois 60007

Municipality or Unincorporated Township: Village of Elk Grove 

Cook County District: 15th District 

Permanent Index Number: 08-22-102-224-0000

Municipal Resolution Number:  Village of Elk Grove Resolution Number 77-19  

Number of month property vacant/abandoned: 14 months vacant 

Special circumstances justification requested: Yes 

Proposed use of property:  Industrial use - assembly, warehousing, and distribution

Living Wage Ordinance Compliance Affidavit Provided: Yes 

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and

WHEREAS, the Cook County C&lt;br /&gt;Action: recommend for approval&lt;br /&gt;Result: Pass</description><category>Resolution (Class 6B) Purchase for Value</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2570</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5541258&amp;GUID=9413CA82-ECD0-4CA6-ACEF-3EC81C289C9D</link><guid isPermaLink="false">9413CA82-ECD0-4CA6-ACEF-3EC81C289C9D-2023-01-30-16-52-10</guid><description>File #: 22-2570&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution (Class 8) Purchase for Value&lt;br /&gt;Title: PROPOSED RESOLUTION

Harvey Real Estate Inc.  CLASS 8 PROPERTY TAX INCENTIVE REQUEST 

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 8 application containing the following information: 

Applicant: Harvey Real Estate Inc.

Address: 15325 Dixie Highway, Harvey, Illinois

Municipality or Unincorporated Township: City of Harvey 

Cook County District: 5th District  

Permanent Index Number: 29-18-111-024-0000

Municipal Resolution Number: City of Harvey, Resolution Number 2866  

Number of month property vacant/abandoned: One week vacant 

Special circumstances justification requested: Yes 

Proposed use of property:  Commercial use - Gas Station, minimart  

Living Wage Ordinance Compliance Affidavit Provided: Yes 

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the assessment level for an abandoned commercial facility; and

WHEREAS, the Cook County Classification System for Assessment de&lt;br /&gt;Action: recommend for approval&lt;br /&gt;Result: Pass</description><category>Resolution (Class 8) Purchase for Value</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2571</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5541259&amp;GUID=893B9428-1CB7-4BCA-A921-7F281B68F346</link><guid isPermaLink="false">893B9428-1CB7-4BCA-A921-7F281B68F346-2023-01-30-16-52-10</guid><description>File #: 22-2571&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution (Class 8) Purchase for Value&lt;br /&gt;Title: PROPOSED RESOLUTION

Actuation Group Inc.  CLASS 8 PROPERTY TAX INCENTIVE REQUEST 

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 8 application containing the following information: 

Applicant: Actuation Group Inc.

Address: 16660 S. Canal Street, South Holland, Illinois

Municipality or Unincorporated Township: Village of South Holland 

Cook County District: 6th District  

Permanent Index Number: 29-21-317-019-0000

Municipal Resolution Number: Village of South Holland approved August 3, 2020

Number of month property vacant/abandoned: Number of months vacant 

Special circumstances justification requested: Yes 

Proposed use of property:  Industrial Use - manufacturing and distribution 

Living Wage Ordinance Compliance Affidavit Provided: Yes    

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the assessment level for an abandoned commercial facility; and

WHEREAS, the Cook County&lt;br /&gt;Action: recommend for approval&lt;br /&gt;Result: Pass</description><category>Resolution (Class 8) Purchase for Value</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2632</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5541262&amp;GUID=FCC50BF9-3023-49FD-8048-7F58BBC3859C</link><guid isPermaLink="false">FCC50BF9-3023-49FD-8048-7F58BBC3859C-2023-01-30-16-52-10</guid><description>File #: 22-2632&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution&lt;br /&gt;Title: PROPOSED RESOLUTION

Old Orchard Urban Limited Partnership 7b PROPERTY TAX INCENTIVE REQUEST 

WHEREAS,   the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7b application containing the following information: 

Applicant: Old Orchard Urban Limited Partnership

Address: 4847 Old Orchard Shopping Center, Skokie, Illinois 

Municipality or Unincorporated Township: Niles

Cook County District: 13th District  

Permanent Index Number: 10-09-411-074-0000

Municipal Resolution Number: Village of Skokie, Resolution No. 21-12-R-1517 

Number of month property vacant/abandoned: More than 24 months 

Special circumstances justification requested: Yes   

Proposed use of property:  Commercial use - retail  

Living Wage Ordinance Compliance Affidavit Provided: N/A Commercial use

WHEREAS,   the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 7b that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and

WHEREAS,   the Cook&lt;br /&gt;Action: recommend for approval&lt;br /&gt;Result: Pass</description><category>Resolution</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2667</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5544917&amp;GUID=DEB36B3E-EDB0-489F-9B1D-BB27DE2C967B</link><guid isPermaLink="false">DEB36B3E-EDB0-489F-9B1D-BB27DE2C967B-2023-01-30-16-52-10</guid><description>File #: 22-2667&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: HOME Investment Partnerships Program&lt;br /&gt;Title: PROPOSED HOME INVESTMENT PARTNERSHIPS PROGRAM

Department:  Planning and Development

Other Part(ies):  Hanover Landing LLC, Lincolnwood, IL

Request:  Respectfully request the Board approve a $1,500,000, 32-year construction and permanent loan with 0% interest and an annual $5,000 payment to support the new construction of  Hanover Landing, an affordable permanent supportive housing development in Elgin, IL

Total Development Cost:  $16,030,794.0

Project Loan Amount:  $1,500,000.00

Fiscal Impact:  $1,500,000.00

Account(s):  11900.1013.53956.580170.  

Summary:  The new three-story building will have forty 535 SF one-bedroom units, with one unit reserved for the onsite manager.  The common areas of the building will be fully accessible, all units will be visitable, and six units will be fully accessible, four units will be adaptable and two sensory impaired units will complete the twelve-unit accessible unit mix.  

The development will be located at 711 East Chicago Street and 712 East Laurel Street, in Elgin, Illinois, encompassing approximately 3.87 acres.  Th&lt;br /&gt;Action: recommend for approval&lt;br /&gt;Result: Pass</description><category>HOME Investment Partnerships Program</category><pubDate>Mon, 30 Jan 2023 16:52:10 GMT</pubDate></item><item><title>22-2807</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5547325&amp;GUID=4B470B73-A2AD-4964-9327-7B9EDAF1F7F4</link><guid isPermaLink="false">4B470B73-A2AD-4964-9327-7B9EDAF1F7F4-2024-08-30-20-13-44</guid><description>File #: 22-2807&lt;br /&gt;Ver.: 1&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution&lt;br /&gt;Title: PROPOSED SUBSTITUTE TO FILE 22-2807
(Business and Economic Development Committee 5/11/2022)

Sponsored by: TONI PRECKWINKLE (President), Cook County Board of Commissioners

PROPOSED RESOLUTION

ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT

WHEREAS, on March 11, 2021, the federal government authorized the American Rescue Plan Act of 2021 (“ARPA”) which includes $1.9 trillion in federal stimulus funds to hasten the United States’ recovery from the economic and health effects caused by the COVID-19 pandemic; and  

WHEREAS, specifically, the federal government has authorized and allocated a federal award of approximately $1,000,372,385B of ARPA funding to Cook County to assist the County in its recovery from the economic and health effects of COVID-19; and  

WHEREAS, on June 24, 2021, the Cook County American Rescue Plan Act Framework (the “ARPA Framework”) was presented to the Cook County Board of Commissioners; and  

WHEREAS, to effectuate the approach outlined in the ARPA Framework, the Cook County Board of Commissioners  authorized t&lt;br /&gt;Action: accept as substituted&lt;br /&gt;Result: Pass</description><category>Resolution</category><pubDate>Fri, 30 Aug 2024 20:13:44 GMT</pubDate></item><item><title>22-2807</title><link>https://cook-county.legistar.com/Gateway.aspx?M=LD&amp;From=RSS&amp;ID=5547325&amp;GUID=4B470B73-A2AD-4964-9327-7B9EDAF1F7F4</link><guid isPermaLink="false">4B470B73-A2AD-4964-9327-7B9EDAF1F7F4-2024-08-30-20-13-44</guid><description>File #: 22-2807&lt;br /&gt;Ver.: 2&lt;br /&gt;Agenda #: &lt;br /&gt;Type: Resolution&lt;br /&gt;Title: PROPOSED SUBSTITUTE TO FILE 22-2807
(Business and Economic Development Committee 5/11/2022)

Sponsored by: TONI PRECKWINKLE (President), Cook County Board of Commissioners

PROPOSED RESOLUTION

ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT

WHEREAS, on March 11, 2021, the federal government authorized the American Rescue Plan Act of 2021 (“ARPA”) which includes $1.9 trillion in federal stimulus funds to hasten the United States’ recovery from the economic and health effects caused by the COVID-19 pandemic; and  

WHEREAS, specifically, the federal government has authorized and allocated a federal award of approximately $1,000,372,385B of ARPA funding to Cook County to assist the County in its recovery from the economic and health effects of COVID-19; and  

WHEREAS, on June 24, 2021, the Cook County American Rescue Plan Act Framework (the “ARPA Framework”) was presented to the Cook County Board of Commissioners; and  

WHEREAS, to effectuate the approach outlined in the ARPA Framework, the Cook County Board of Commissioners  authorized t&lt;br /&gt;Action: recommend for approval as substituted&lt;br /&gt;Result: Pass</description><category>Resolution</category><pubDate>Fri, 30 Aug 2024 20:13:44 GMT</pubDate></item></channel></rss>