Board of Commissioners of Cook County - Meeting of Business and Economic Development Committee on 4/5/2022 at 11:45 AM

22-2719

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2719
Ver.: 1
Agenda #:
Type: Committee Minutes
Title: COMMITTEE MINUTES Approval of the minutes from the meeting of 3/16/2022
Action: approve
Result: Pass

22-1985

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-1985
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION Young Ai Choi 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: Young Ai Choi Address: 820 Nicholas Blvd., Elk Grove Village Illinois Municipality or Unincorporated Township: Village of Elk Grove Cook County District: 15th District Permanent Index Number: 08-26-301-033-0000 Municipal Resolution Number: Village of Elk Grove, Resolution No. 39-19 Number of month property vacant/abandoned: 19 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial Use: assembly, maintenance, warehousing, 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 Classification Sy
Action: recommend for approval
Result: Pass

22-1986

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-1986
Ver.: 1
Agenda #:
Type: Resolution (Class 8) Purchase for Value
Title: PROPOSED RESOLUTION Wolfsburg Properties, LLC 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: Wolfsburg Properties, LLC Address: 2125 W. 162nd Street, Markham, Illinois Municipality or Unincorporated Township: City of Markham Cook County District: 5th District Permanent Index Number: 29-19-129-003-0000; 29-19-129-006-0000; 29-19-129-007-0000; 29-19-129-009-0000; 29-19-130-003-0000 and 29-19-130-008-0000 Municipal Resolution Number: City of Markham, Ordinance No. 21-0-2296 Number of month property vacant/abandoned: One (1) month vacant Special circumstances justification requested: Yes Proposed use of property: Commercial use- distribution and warehousing Living Wage Ordinance Compliance Affidavit Provided: N/A WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the asses
Action: recommend for approval
Result: Pass

22-2046

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2046
Ver.: 1
Agenda #:
Type: Amendment to a Previously Approved Item
Title: PROPOSED RESOLUTION Mr. Brad Nardick/ The Bazaar Inc. CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER) WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) application containing the following information: Applicant: Mr. Brad Nardick/ The Bazaar Inc. Address: 1810 North 5th Avenue & 1900 5th Avenue, River Grove, Illinois Length of time at current location: 25 years Length of time property under same ownership: 11 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 51 years Municipality or Unincorporated Township: River Grove Cook County District: 9th District Permanent Index Number(s): 12-35-300-018-0000; 12-35-300-008-0000;12-35-300-009-0000 & 12-35-300- 010-0000 Municipal Resolution Number: Village of River Grove, Resolution No. 2021-R-67 Evidence of Economic Hardship: Yes. Number of blighting factors associated with the property: Six blighting f
Action: recommend for approval
Result: Pass

22-2177

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2177
Ver.: 1
Agenda #:
Type: Resolution (Class 8) No Purchase for Value
Title: PROPOSED RESOLUTION Shops at Coopers Grove LLC/Mainstream Commercial Group 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: Shops at Coopers Grove LLC/Mainstream Commercial Group Address: 4044-4122 W. 183rd St., Country Club Hills, Illinois Municipality or Unincorporated Township: Village of Country Club Hills Cook County District: 5th District Permanent Index Number: 28-34-427-011-0000 Municipal Resolution Number: Village of Country Club Hills, Resolution No. R-15-21, Number of month property vacant/abandoned: More than 24 months vacant 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 8 that provides an applicant a reduction in the assessment le
Action: recommend for approval
Result: Pass

22-1988

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-1988
Ver.: 1
Agenda #:
Type: Resolution (Class 8) Purchase for Value
Title: PROPOSED RESOLUTION HH&N LTD Services d.b.a. Junk - King 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: HH&N LTD Services d.b.a. Junk - King Address: 17406 Burnham Avenue, Lansing, Illinois Municipality or Unincorporated Township: Village of Lansing Cook County District: 4th District Permanent Index Number: 30-30-409-052-0000 and 30-30-409-024-0000 Municipal Resolution Number: Village of Lansing Resolution No. 1199 Number of month property vacant/abandoned: Number of months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use- Equipment, Tools and supply storage 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 facilit
Action: recommend for approval
Result: Pass

22-2204

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2204
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION Michael DeCarlo d.b.a. DiCarlo Construction, 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: Michael DeCarlo d.b.a. DiCarlo Construction, Inc. Address: 4000 Industrial Avenue, Rolling Meadows, Illinois Municipality or Unincorporated Township: City of Rolling Meadows Cook County District: 14th District Permanent Index Number: 02-23-402-033-0000 Municipal Resolution Number: City of Rolling Meadows, Resolution No. 20-R-73 Number of month property vacant/abandoned: 18 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, assembly, 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 aband
Action: recommend for approval
Result: Pass

22-2222

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2222
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION DL3 Chatham, LLC 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: DL3 Chatham, LLC Address: 8560 South Cottage Grove Avenue, Chicago, Illinois Municipality or Unincorporated Township: Hyde Park Cook County District: 4th District Permanent Index Number: 20-34-413-061-0000 Municipal Resolution Number: City of Chicago, Ordinance No. 02021-2187 Number of month property vacant/abandoned: Seven (7) months vacant Special circumstances justification requested: Yes Proposed use of property: Commercial use - Call Center, Incubator and Community space 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 County C
Action: recommend for approval
Result: Pass

22-2328

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2328
Ver.: 1
Agenda #:
Type: HOME Investment Partnerships Program
Title: PROPOSED HOME INVESTMENT PARTNERSHIPS PROGRAM Department: Planning and Development Other Part(ies): Evergreen Redevelopment LLC, Chicago, Illinois Request: Request the County Board review for approval the HOME Investment Partnership Program Loan of $1,250,000 to support the development of Bellwood Senior Apartments, an affordable Senior Housing in Bellwood, IL Total Development Cost: $29,412,209.00 Project Loan Amount: $1,250,000.00 Fiscal Impact: $1,250,000.00 Account(s): 11900-1013-53956-580170 Summary: Evergreen Redevelopment LLC has requested HOME Investments Partnerships Program funds in the amount of $1,250,000 for the 12-month construction period and thirty-year permanent period with a 0% permanent loan rate. The loan will be used to finance the new construction of an 80-unit affordable housing for seniors who are 62 and over in the City of Bellwood, Illinois, a near western suburb of the City of Chicago. The new construction will be comprised of a four-story mixed-used development and designed to accommodate 60 parking spaces. The elev
Action: recommend for approval
Result: Pass

22-2378

Mon, 30 Jan 2023 16:52:01 GMT

File #: 22-2378
Ver.: 1
Agenda #:
Type: HOME Investment Partnerships Program
Title: PROPOSED HOME INVESTMENT PARTNERSHIPS PROGRAM Department: Planning and Development Other Part(ies): Housing Authority of Cook County (HACC) Request: Request the Board review for approval a HOME Investment Partnership Loan to support the Chicago Heights Veterans affordable housing development in Chicago Heights, IL Total Development Cost: $29,761,388.00 Project Loan Amount: $3,000,000.00 Fiscal Impact: $3,000,000.00 Account(s): 11900-1013-53596-580170 Summary: Housing Authority of Cook County (HACC) has requested HOME Investment Partnerships Program funds in the amount of $3,000,000.00 (30-year term and 1% interest rate) that will be bridged by a construction loan made by BMO Harris. The funds will be used for new construction of a family housing community to extremely low and low-income veterans and their families. The proposed facility is a mid-rise consisting of four- story elevator wood-framed building with a total of eighty-two (82) units containing seventy-three (73) one bedroom and nine (9) two-bedroom units. All units are subsidized with 74
Action: recommend for approval
Result: Pass