Board of Commissioners of Cook County - Meeting of Business and Economic Development Committee on 3/19/2019 at 11:15 AM

19-2319

Mon, 30 Jan 2023 16:43:27 GMT

File #: 19-2319
Ver.: 1
Agenda #:
Type: Committee Minutes
Title: COMMITTEE MINUTES Approval of the minutes from the meeting of 02/19/2019.
Action: approve
Result: Pass

19-1767

Thu, 16 Mar 2023 18:55:55 GMT

File #: 19-1767
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION 7415 ST. LOUIS 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: 7415 St. Louis LLC Address: 10 Davis Drive, Bellwood, Illinois 60104 Municipality or Unincorporated Township: Village of Bellwood Cook County District: 1 Permanent Index Number: 15-08-101-061-0000 Municipal Resolution Number: Village of Bellwood, Resolution Number 18-61 Number of month property vacant/abandoned: 80% of the building has been vacant since 3/1/2014 the building was 100% vacant for 10 days prior to purchase Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 15 full-time jobs and four (4) part-time jobs Estimated Number of jobs retained at this location: Not applicable Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs: TBD Proposed use of property: Industrial use
Action: recommend for approval
Result: Pass

19-1806

Mon, 30 Jan 2023 16:43:27 GMT

File #: 19-1806
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION MIF 6620 RIVER (HODGKINS) 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: MIF 6620 River (Hodgkins) LLC Address: 6620 River Road, Hodgkins, Illinois 60525 Municipality or Unincorporated Township: Village of Hodgkins Cook County District: 16 Permanent Index Number: 18-22-304-004-0000 and 18-22-304-007-0000 Municipal Resolution Number: Village of Hodgkins, Resolution NO. 2018-9 Number of month property vacant/abandoned: One (1) month vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: To be determined Estimated Number of jobs retained at this location: To be determined Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs: 40 construction jobs Proposed use of property: Industrial use - warehousing, manufacturing and/or distribution Living
Action: recommend for approval
Result: Pass

19-1807

Mon, 30 Jan 2023 16:43:27 GMT

File #: 19-1807
Ver.: 1
Agenda #:
Type: Resolution (Class 6B) Purchase for Value
Title: PROPOSED RESOLUTION MIF 6600 RIVER (HODGKINS) 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: MIF 6600 River (Hodgkins) LLC Address: 6600 River Road, Hodgkins, Illinois 60525 Municipality or Unincorporated Township: Village of Hodgkins, Illinois Cook County District: 16 Permanent Index Number: 18-22-304-010-0000, 18-22-304-011-0000, 18-22-304-018-0000 and 18-22-304-021-0000 Municipal Resolution Number: Village of Hodgkins, Resolution No. 2018-08 Number of month property vacant/abandoned: 12 months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: To be determined Estimated Number of jobs retained at this location: To be determined Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs: 60 construction jobs Proposed use of property: Industrial use - warehousi
Action: recommend for approval
Result: Pass

19-1965

Mon, 30 Jan 2023 16:43:29 GMT

File #: 19-1965
Ver.: 1
Agenda #:
Type: Ordinance Amendment
Title: 2nd PROPOSED SUBSTITUTE ORDINANCE AMENDMENT TO FILE #19-1965 AN AMENDMENT TO CHAPTER 74, ARTICLE II, REAL PROPERTY TAXATION WHEREAS, vacant properties can devastate a neighborhood and block, undermine neighbors' quality of life, and diminish the value of nearby properties; and WHEREAS, they also cause severe fiscal damage to local governments, reducing local tax revenues while costing cities millions for policing, cleaning vacant lots, and demolishing derelict buildings; and WHEREAS, most vacant buildings and houses are well maintained, but many are not and thousands can sit empty for years, abandoned by their owners, deteriorating to the point where they cannot be reused without major rehabilitation with many ultimately demolished, leaving vacant lots in their place; and WHEREAS, besides their impact on social and economic conditions, vacant, abandoned properties have a devastating effect on the fiscal condition of their cities, towns, and counties; and WHEREAS, not only do they pay little in property taxes and generate little revenue for the city or county when s
Action: accept as substituted
Result: Pass

19-1965

Mon, 30 Jan 2023 16:43:42 GMT