title
PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT
Department: Planning and Development
Request: Amend resolution from Class 6b to Class 8
Item Number: 18-3263
Fiscal Impact: N/A
Account(s): N/A
Original Text of Item:
le
VALERIE RIETVELD/KEN-RICH CONCRETE LIFTING LLC 6b 8 PROPERTY TAX INCENTIVE REQUEST
WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b 8 application containing the following information:
Applicant: Valerie Rietveld/Ken-Rich Concrete Lifting LLC
Address: 15510 Wentworth Avenue, South Holland, Illinois 60473
Municipality or Unincorporated Township: South Holland
Cook County District: 6
Permanent Index Number: (1) PIN: 29-16-205-165-0000
Municipal Resolution Number: Village of South Holland Resolution approved June 5, 2017, amended resolution approved May 6, 2019
Number of month property vacant/abandoned: 15 months at time of initial application to Assessor
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 3 full-time, 0 part-time
Estimated Number of jobs retained at this location: 7 full-time, 2 part-time
Estimated Number of employees in Cook County: 7 full-time, 2 part-time
Estimated Number of construction jobs: 10
Proposed use of property: Industrial
Living Wage Ordinance Compliance Affidavit Provided: Yes
WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b 8 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 de...
Click here for full text