File #: 23-3872    Version: Name: ORDINANCE EXCLUDING SOLAR ENERGY SYSTEMS FROM ASSESSOR’S MARKET VALUATION OF STRUCTURE AND IMPROVEMENTS
Type: Ordinance Amendment Status: Approved
File created: 6/29/2023 In control: Business and Economic Development Committee
On agenda: 6/29/2023 Final action: 10/19/2023
Title: PROPOSED SUBSTITUTE TO FILE 23-3872 ORDINANCE CREATING ASSESSMENT CLASSIFICATION FOR COMMERCIAL COMMUNITY SOLAR ENERGY SYSTEM INSTALLATIONS BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 74, Article II, is hereby amended to add the following sections: Sec. 74.63. Assessment Classes Real estate is divided into the following assessment classes: . . . (18). Class E. Improved real estate used primarily for industrial or commercial purposes, consisting of constructed buildings or other structures with a solar energy system installed in or on one or more building(s) or other structure(s) on the parcel after January 1, 2022. The portion of improved property eligible for the Class E incentive shall be the proportion of square footage of the improved surface area that contains an installed solar energy system to the total square footage of all improvements on the parcel, up to a maximum of 50% of the total area of improvements on the parcel. To qualify for the Clas...
Sponsors: BRIDGET GAINER, BRIDGET DEGNEN, ALMA E. ANAYA, KEVIN B. MORRISON, MAGGIE TREVOR
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PROPOSED SUBSTITUTE TO FILE 23-3872

ORDINANCE CREATING ASSESSMENT CLASSIFICATION FOR COMMERCIAL COMMUNITY SOLAR ENERGY SYSTEM INSTALLATIONS

BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 74, Article II, is hereby amended to add the following sections:

Sec. 74.63. Assessment Classes
Real estate is divided into the following assessment classes:
. . .
(18). Class E. Improved real estate used primarily for industrial or commercial purposes, consisting of constructed buildings or other structures with a solar energy system installed in or on one or more building(s) or other structure(s) on the parcel after January 1, 2022. The portion of improved property eligible for the Class E incentive shall be the proportion of square footage of the improved surface area that contains an installed solar energy system to the total square footage of all improvements on the parcel, up to a maximum of 50% of the total area of improvements on the parcel.
To qualify for the Class E classification, the applicant must:
1. File an eligibility application with the Assessor with the following information:
a. Parcel Identification Number (PIN) and Assessed Building Square Footage for all buildings and structures on the subject parcel.
b. Affidavit signed by the owner identifying the square footage of area containing installed components of a solar energy system.
c. Solar Energy System installation plans from the solar energy provider containing, at a minimum, the solar energy system layout/design and anticipated MWh of energy produced for off-site consumption.
2. Submit proof that the solar energy facilities have been installed and are actively producing energy for off-site consumption.
3. Maintain, directly or through a third-party contractor, the solar energy system in operating, energy-producing condition for the duration of the incentive period with the exception of temporary disruptions for system maintenance and repair.
4. Submit to the Assessor an A...

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