Board of Commissioners of Cook County - Meeting of Finance Subcommittee on Real Estate and Business and Economic Development (Inactive. There is now a Business and Economic Developement Committee and real estate items in the Asset Managment Committee) on 12/3/2013 at 12:45 PM

13-1916

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-1916
Ver.: 2
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION 900 Pratt Avenue Series, Malmo-Pratt, LLC Class 6B REQUEST 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from 900 Pratt Avenue Series, Malmo-Pratt, LLC and Resolution No. 03-13 from the Village of Elk Grove Village for an abandoned industrial facility located at 900 Pratt Boulevard, Elk Grove Village, Cook County, Illinois, Cook County District 17, Permanent Index Number 08-34-305-033-0000; and WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, industrial real estate is normally assessed at 25% of its market value, qualifying industrial real estate eligible for the Class 6b can receive a significant reduction i
Action: recommend for approval
Result: Pass

13-1920

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-1920
Ver.: 2
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION 1020 State Parkway, LLC REQUEST FOR A CLASS 6B ASSESSMENT REDUCTION 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from 1020 State Parkway, LLC and Resolution No. R-13-081 from the Village of Schaumburg for an abandoned industrial facility located at 1020 East State Parkway, Schaumburg, Cook County, Illinois, Cook County District 15, Permanent Index Numbers 07-11-400-076-0000; and WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, industrial real estate is normally assessed at 25% of its market value. Qualifying industrial real estate eligible for the Class 6b can receive a significant reduction in the level of
Action: recommend for approval
Result: Pass

13-1922

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-1922
Ver.: 2
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION Northwest Radiator Inc. REQUEST FOR A Class 6B ASSESSMENT REDUCTION 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from Northwest Radiator Inc. and Resolution No. R-13-045 from the Village of Schaumburg for an abandoned industrial facility located at 550 Lunt Avenue, Schaumburg, Cook County, Illinois, Cook County District 15, Permanent Index Number 07-33-201-105-0000; and WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, industrial real estate is normally assessed at 25% of its market value. Qualifying industrial real estate eligible for the Class 6b can receive a significant reduction in the level of assessmen
Action: recommend for approval
Result: Pass

13-2089

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-2089
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION 221 Lively Blvd. Venture, G. P. REQUEST FOR Class 6b PROPERTY TAX INCENTIVE 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from 221 Lively Blvd. Venture, G. P. and Resolution No. 45-12 from the Village of Elk Grove Village for an abandoned industrial facility located at 129 Seegers Road Unit 1A, Elk Grove Village, Cook County, Illinois, Cook County District 17, Permanent Index Number 08-22-402-089-1001. WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS; industrial real estate is normally assessed at 25% of its market value, qualifying industrial real estate eligible for the Class 6b can receive a significant redu
Action: recommend for approval
Result: Pass

13-2090

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-2090
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION Center Point Properties Trust REQUEST FOR Class 6b PROPERTY TAX INCENTIVE 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from Center Point Properties Trust and Resolution No. 13-03 from the Village of Hillside for an abandoned industrial facility located at 5999 Butterfield Road, Hillside, Cook County, Illinois, Cook County District 17, Permanent Index Numbers 15-18-107-015-0000; 15-18-107-019-0000; 15-18-107-020-0000;15-18-107-021-0000. WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, industrial real estate is normally assessed at 25% of its market value. Qualifying industrial real estate eligible for the Cla
Action: recommend for approval
Result: Pass

13-2091

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-2091
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION John O’Keefe or Assignee REQUEST FOR Class 6b PROPERTY TAX INCENTIVE 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from John O’Keefe or Assignee and Resolution No. 20-13 from the Village of Elk Grove Village for an abandoned industrial facility located at 70 Gordon Street, Elk Grove Village, Cook County, Illinois, Cook County District 17, Permanent Index Number 08-21-401-019-0000. WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, industrial real estate is normally assessed at 25% of its market value. Qualifying industrial real estate eligible for the Class 6b can receive a significant reduction in the level of
Action: recommend for approval
Result: Pass

13-2093

Fri, 26 Jan 2018 15:39:41 GMT

File #: 13-2093
Ver.: 2
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION North Star Trust Company REQUEST FOR Class 6b PROPERTY TAX INCENTIVE 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from North Star Trust Company and Resolution No. 1314 R 08 from the Village of Franklin Park for an abandoned industrial facility located at 3431 N. Powell Street, Franklin Park, Cook County, Illinois, Cook County District 17 16, Permanent Index Number 12-19-400-170-0000 and12-19-400-174-0000 . WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, industrial real estate is normally assessed at 25% of its market value. Qualifying industrial real estate eligible for the Class 6b can receive a significa
Action: recommend for approval
Result: Pass

13-2094

Fri, 26 Jan 2018 15:39:42 GMT

File #: 13-2094
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION CKP INC. REQUEST FOR Class 8 PROPERTY TAX INCENTIVE 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 a commercial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from CKP Inc. and Resolution No. 11-5 from the Village of South Chicago Heights for an abandoned commercial facility located at 2802 Chicago Road, South Chicago Heights, Cook County, Illinois, Cook County District 6, and Permanent Index Numbers 32-29-418-017-0000; 32-29-418-018-0000; 32-29-418-019-0000; 32-29-418-020-0000, 32-29-418-021-0000. WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS; industrial real estate is normally assessed at 25% of its market value, qualifying industrial real estate eligible for the Cla
Action: recommend for approval
Result: Pass