File #: 24-1455    Version: 1 Name: Midway Industries LLC Amendment
Type: Amendment to a Previously Approved Item Status: Approved
File created: 2/9/2024 In control: Board of Commissioners
On agenda: 2/29/2024 Final action: 2/29/2024
Title: PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT Department: Department of Planning and Development Request: Scrivener's Error Item Number: 23-5236 Fiscal Impact: None Account(s): N/A Original Text of Item: PROPOSED RESOLUTION Midway Industries 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: Midway Industries LLC Address: 6748-50 S. Sayre, Bedford Park, Illinois Municipality or Unincorporated Township: Village of Bedford Park Cook County District: 11th District Permanent Index Number: 18-14-400-003-0000, 18-23-201-012-0000, 18-23-201-015-0000, 18-24-100-003-0000, 18-24-100-016-0000 19-19-301-011-0000 Municipal Resolution Number: Village of Bedford Park, Resolution No. 22-021 Number of month property vacant/abandoned: Eight months vacant Special circumstances justification requested: Yes Propos...
Sponsors: TONI PRECKWINKLE (President), JOHN P. DALEY
title
PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT

Department: Department of Planning and Development

Request: Scrivener's Error

Item Number: 23-5236

Fiscal Impact: None

Account(s): N/A

Original Text of Item: PROPOSED RESOLUTION

Midway Industries 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: Midway Industries LLC

Address: 6748-50 S. Sayre, Bedford Park, Illinois

Municipality or Unincorporated Township: Village of Bedford Park

Cook County District: 11th District

Permanent Index Number: 18-14-400-003-0000, 18-23-201-012-0000, 18-23-201-015-0000, 18-24-100-003-0000, 18-24-100-016-0000 19-19-301-011-0000

Municipal Resolution Number: Village of Bedford Park, Resolution No. 22-021

Number of month property vacant/abandoned: Eight months vacant

Special circumstances justification requested: Yes

Proposed use of property: Industrial use - warehousing, manufacturing, and/or 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 System for Assessment defines abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 continuous months, have been purchased for value by a purchaser in whom the seller has no direct financial interest; and

WHEREAS, in the instance where the property does not meet the definition of abandoned property, the municipality or the Board of Commissioners, may determine that special circumstances may exist that justify finding that the property is abandoned for purpose of Class 6b; and

WHEREAS, in the case of abandonment of less than 24 month...

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