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 7/22/2014 at 12:30 PM

14-3544

Thu, 27 Feb 2020 21:14:32 GMT

File #: 14-3544
Ver.: 1
Agenda #:
Type: Contract
Title: PROPOSED CONTRACT Department(s): Real Estate Management Vendor: MB Real Estate Services Inc., Chicago, Illinois Request: Authorization for the Chief Procurement Officer to enter into and execute Good(s) or Service(s): Property Management Services for Records Center and other Properties Contract Value: $150,000.00 Contract period: 7/1/2014 - 6/30/2017 with two (2) one (1) renewal options Potential Fiscal Year Budget Impact: FY2014, $20,834.00; FY2015, $50,000.00; FY2016, $50,000.00; FY2017, $29,166.00 Accounts: 529-260 Contract Number(s): 1388-13091 Concurrences: Vendor has met the Minority and Women Business Enterprise Ordinance. The Chief Procurement Officer concurs Summary: Competitive request for proposal procedures were followed in accordance with the Cook County Procurement Code. An RFP was solicited on 10/30/2013 for Property Management Services. An evaluation committee reviewed proposals and selected MB Real Estate Services Inc., based upon established evaluation criteria. MB Real Estate Services Inc. will develop operating
Action: recommend for approval as amended
Result: Pass

14-3552

Thu, 27 Feb 2020 20:57:21 GMT

File #: 14-3552
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION Rawls Road Properties, LLC # 1 6B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b Temporary Emergency Economic Recovery Modification Program (“TEERM”) 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 Rawls Road Properties LLC and Resolution No. R-33-14 from the City of Des Plaines for an abandoned industrial facility located at 70 Rawls Road, Des Plaines, Cook County, Illinois, Cook County District 17, Permanent Index Number 09-19-301-021-0000; 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 C
Action: recommend for approval
Result: Pass

14-3555

Thu, 27 Feb 2020 20:57:21 GMT

File #: 14-3555
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION 46 MANNHEIM, LLC OR ASSIGNEE 6B PROPERTY TAX INCENTIVE 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 46 Mannheim, LLC and Resolution No. 13-63 from the Village of Bellwood for an abandoned industrial facility located at 46 Mannheim Road, Bellwood, Cook County, Illinois, Cook County District 1, Permanent Index Number 15-08-209-004-0000 and 15-08-209-005-0000; 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 ass
Action: recommend for approval
Result: Pass

14-3558

Thu, 27 Feb 2020 20:57:21 GMT

File #: 14-3558
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION Rawls Road Properties, LLC # 2 6B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b Temporary Emergency Economic Recovery Modification Program (“TEERM”) 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 Rawls Road Properties LLC and Resolution No. R-9014 from the City of Des Plaines for an abandoned industrial facility located at 111 Rawls Road, Des Plaines, Cook County, Illinois, Cook County District 17, Permanent Index 09-19-301-028-000; 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 TEE
Action: recommend for approval
Result: Pass

14-3581

Thu, 27 Feb 2020 20:57:21 GMT

File #: 14-3581
Ver.: 1
Agenda #:
Type: Intergovernmental Agreement Amendment
Title: PROPOSED INTERGOVERNMENTAL AGREEMENT AMENDMENT Department: Planning and Development Other Part(ies): City of Chicago Heights Request: Approval of an Amendment to the existing Joint Cooperation Agreement between Cook County and the City of Chicago Heights Goods or Services: Since 1993, Cook County and Chicago Heights have agreed to cooperate in undertaking essential community development and housing assistance activities. Chicago Heights is a member of the Cook County Urban County, whereby Cook County undertakes activities benefiting Chicago Heights and its residents via federal grant resources from the U.S. Department of Housing and Urban Development (HUD). Agreement Number: N/A Agreement Period: Original effective date of 6/22/1993, with automatic renewals every three years unless one party wishes to terminate. Fiscal Impact: As a result of this agreement, additional HUD entitlement funding flows to Cook County via the annual HUD formula grants. The amount of funding varies each year. Accounts: Not applicable Summary: Transmitt
Action: recommend for approval
Result: Pass

14-3681

Thu, 27 Feb 2020 20:57:21 GMT

File #: 14-3681
Ver.: 1
Agenda #:
Type: Resolution
Title: PROPOSED RESOLUTION URANUS HOLDINGS, LLC 6B PROPERTY TAX INCENTIVE 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 Uranus Holdings, LLC and Resolution No. 14-R-1 from the Village of Berkeley for an abandoned industrial facility located at 5300 St. Charles Road, Berkeley, Cook County, Illinois, Cook County District 16, Permanent Index Number 15-08-100-014-0000; 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 assessment from th
Action: recommend for approval
Result: Pass