File #: 15-4073    Version: 1 Name: MARO CARTON INC. CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)
Type: Resolution (Class 6B) SER Status: Approved
File created: 6/17/2015 In control: Business and Economic Development Committee
On agenda: 7/1/2015 Final action: 7/29/2015
Title: PROPOSED RESOLUTION MARO CARTON INC. 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: Maro Carton Inc. Address: 333 S. 31st Avenue, Bellwood, Illinois Length of time at current location: 12 Years (10/24/2002) Length of time property under same ownership: 12 Years (10/24/2002) Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 50 Years Municipality or Unincorporated Township: Bellwood Cook County District: 1 Permanent Index Number(s): 15-09-212-005-0000 Municipal Resolution Number: Village of Bellwood Resolution Number Evidence of Economic Hardship: Dilapidated; Functional Obsolete and Deteriorated Number of blighting factors associated with the pr...
Sponsors: TONI PRECKWINKLE (President), RICHARD R. BOYKIN
title
PROPOSED RESOLUTION

MARO CARTON INC. 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: Maro Carton Inc.

Address: 333 S. 31st Avenue, Bellwood, Illinois

Length of time at current location: 12 Years (10/24/2002)

Length of time property under same ownership: 12 Years (10/24/2002)

Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes

Age of the Property (Building): 50 Years

Municipality or Unincorporated Township: Bellwood

Cook County District: 1

Permanent Index Number(s): 15-09-212-005-0000

Municipal Resolution Number: Village of Bellwood Resolution Number

Evidence of Economic Hardship: Dilapidated; Functional Obsolete and Deteriorated

Number of blighting factors associated with the property: Three (3)

Has justification for the Class 6b SER program been provided?: Yes

Estimated # of jobs created by this project: # full-time, # part-time: None

Estimated # of jobs retained at this location: # full-time, # part-time: 20 full-Time, one (1) part-time

Estimated # of employees in Cook County: # full-time, # part-time: Not applicable

Estimated # of construction jobs: # full-time, # part-time: Not applicable

Proposed use of property: Industrial - Manufacturing: Manufactures folding cartons for retail products

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 re...

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