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PROPOSED RESOLUTION
SIMONE KAPOVICH/S&J CONSTRUCTION CLASS 8 PROPERTY TAX INCENTIVE REQUEST
WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 8 application containing the following information:
Applicant: Simone Kapovich/ S&J Construction
Address: 16823 State Street and 61 East 168th Street, South Holland, 60473
Municipality or Unincorporated Township: South Holland
Cook County District: 6
Permanent Index Number: (3) PINs: 29-22-302-016-0000; 29-22-302-017-0000; 29-22-302-041-0000
Municipal Resolution Number: South Holland Resolution approved December 7, 2015
Number of month property vacant/abandoned: 26 months
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 18 full-time, 0 part-time
Estimated Number of jobs retained at this location: 0 full-time, 0 part-time
Estimated Number of employees in Cook County: 0 full-time, 0 part-time
Estimated Number of construction jobs: N/A
Proposed use of property: Industrial-Warehousing and logistics
Living Wage Ordinance Compliance Affidavit Provided: Yes
WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 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 more than 24 continuous months, there has been no purchased for value by a purchaser and the property is in need of substantial rehabilitation; 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 purpos...
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