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PROPOSED RESOLUTION
Reynolds Consumer Products LLC CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)
WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) application containing the following information:
Applicant: Reynolds Consumer Products LLC
Address: 777 S. Wheeling Rd, Wheeling, Illinois
Length of time at current location: 15 years
Length of time property under same ownership: 15 years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 25 years
Municipality or Unincorporated Township: Village of Wheeling
Cook County District: 14th District
Permanent Index Number(s): 03-10-402-026-0000, 03-11-302-006-0000, 03-11-302-013-0000, 03-11-302- 014-0000, 03-11-302-018-0000
Municipal Resolution Number: Village of Wheeling, Resolution No. 25-070
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Four blighting factors,
Has justification for the Class 6b SER program been provided?: Dilapidation, Deterioration- Obsolescence and Excessive Land Coverage
Proposed use of property: Industrial - Manufacturing: Industrial use - warehousing, manufacturing and distribution
Living Wage Ordinance Compliance Affidavit Provided: Yes
WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) that provides an applicant a reduction in the assessment level for a long-term existing industrial enterprise that meets the qualifications of the SER program ; and
WHEREAS, the Cook County Classification System for Assessment requires that an applicant under the Class 6b SER program provide evidence justifying their participation in the subject program; and
WHEREAS, Class 6b SER requires a resolution by the County Board validating the property for the purpose o...
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