Board of Commissioners of Cook County - Meeting of Business and Economic Development Committee on 12/13/2017 at 9:15 AM

18-1064

Mon, 30 Jan 2023 16:39:42 GMT

File #: 18-1064
Ver.: 1
Agenda #:
Type: Committee Minutes
Title: COMMITTEE MINUTES Approval of the minutes from the meeting of 11/15/2017
Action: approve
Result: Pass

17-6085

Thu, 27 Feb 2025 17:18:09 GMT

File #: 17-6085
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) No Purchase for Value TEERM
Title: PROPOSED RESOLUTION KTR ILL, LLC D.B.A. PROLOGIS 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: KTR ILL, LLC d.b.a. Prologis Address: 514-532 S. Hicks Road, Palatine, Illinois Municipality or Unincorporated Township: Village of Palatine Cook County District: 14 Permanent Index Number: 02-23-313-037-0000 Municipal Resolution Number: Village of Palatine, Resolution No. R-22-17 Number of month property vacant/abandoned: 13 months vacant Special circumstances justification requested: Yes TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION (Vacant for more than 12 months but less than 24 months - No Purchase for Value) Justification: Yes Estimated Number of jobs created by this project: None Estimated Number of jobs retained at this location: 30 full-time jobs Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs
Action: recommend for approval
Result: Pass

17-6086

Thu, 27 Feb 2025 17:18:09 GMT

File #: 17-6086
Ver.: 1
Agenda #:
Type: Resolution (Class 8) No Purchase for Value TEERM
Title: PROPOSED RESOLUTION LaMASTUS DEVELOPMENT CO. 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: LaMastus Development Co. Inc. Address: 11 N. Steger Road & 13-15 W. Steger Road, Steger, Illinois Municipality or Unincorporated Township: Village of Steger Cook County District: 6 Permanent Index Number: 32-32-429-025-0000 and 32-32-429-015-0000 Municipal Resolution Number: Village of Steger, Ordinance No. 1146 Number of month property vacant/abandoned: Number of months vacant over 24 months Special circumstances justification requested: Yes Estimated Number of jobs created by this project: Four (4) full-time jobs, 10 part-time jobs Estimated Number of jobs retained at this location: None Estimated Number of employees in Cook County: N/A Estimated Number of construction jobs: 20 construction jobs Proposed use of property: Commercial use - Restaurant Li
Action: recommend for approval
Result: Pass

17-6096

Mon, 30 Jan 2023 16:39:42 GMT

File #: 17-6096
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION HIRSCH BUILDING, 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: Hirsch Building, LLC Address: 3003 Hirsch Avenue, Melrose Park, Illinois Municipality or Unincorporated Township: Village of Melrose Park Cook County District: 16 Permanent Index Number: 15-04-201-037-0000 Municipal Resolution Number: Village of Melrose Park Resolution No. 45-17 Number of month property vacant/abandoned: 15 months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 37 full-time, 12 temporary jobs Estimated Number of jobs retained at this location: None Estimated Number of employees in Cook County: See above Estimated Number of construction jobs: 20-30 construction jobs Proposed use of property: Industrial - Manufacturing and distribution Living Wage Ordinance Compliance Affidavit Provided: Yes
Action: recommend for approval
Result: Pass

17-6106

Mon, 30 Jan 2023 16:39:42 GMT

File #: 17-6106
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION PLASTIC RECOVERY TECHNOLOGIES 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: Plastic Recovery Technologies Address: 920 Remington Road, Schaumburg, Illinois Municipality or Unincorporated Township: Village of Schaumburg Cook County District: 15 Permanent Index Number: 07-11-400-030-0000 Municipal Resolution Number: Village of Schaumburg Resolution No. R-17-097 Number of month property vacant/abandoned: 13 months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 15 full-time jobs, three (3) part-time jobs Estimated Number of jobs retained at this location: 10 full-time jobs Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs: None Proposed use of property: Industrial use warehousing and distribution Living Wage Ordinance Complian
Action: recommend for approval
Result: Pass

17-9977

Mon, 30 Jan 2023 16:39:42 GMT

File #: 17-9977
Ver.: 1
Agenda #:
Type: Ordinance Amendment
Title: PROPOSED SUBSTITUTE TO ITEM 17-9977 PROPOSED ORDINANCE AMENDMENT TAX INCENTIVE ORDINANCE BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 TAXATION, ARTICLE II REAL PROPERTY TAXATION, DIVISION 2. - CLASSIFICATION SYSTEM FOR ASSESSMENT, Section 74-75 of the Cook County Code is hereby amended as follows: Sec. 74-75 - Incentive Classification Affidavit Requirement Waiver. (a) This Section shall apply to existing incentives classifications, pending applications and eligibility/renewal applications submitted during the 2017 and 2018 assessment year. The Assessor’s Office shall liberally construe this Section to effectuate its intent as set forth in subsections (b) and (c) below. (b) Compliance with the existing affidavit requirements of Sections 74-71(b)(2), 74-72 and 74-74 (b) and (d) shall be waived for the 2017 and 2018 assessment years. Such waiver shall be lifted at the beginning of the 2019 assessment year and the affidavit requirements of Sections 74-71, 74-72 and 74-74 that are then in effect shall be effective for the 2019 assess
Action: recommend for deferral
Result: