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File #: 15-2454    Version: 1 Name: Forest View Investment East LLC 6b SER
Type: Resolution Status: Approved
File created: 3/25/2015 In control: Business and Economic Development Committee
On agenda: 4/29/2015 Final action: 5/20/2015
Title: PROPOSED RESOLUTION FOREST VIEW INVESTMENT EAST LLC CLASS 6B 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: Forest View Investment East, LLC Address: 6464 West 51st Street Municipality or Unincorporated Township: Village of Forest View, Illinois Cook County District: 16 Permanent Index Number: 19-07-201-017-0000 Municipal Resolution Number: R14-13 Number of years property occupied by same industrial user: 15 Special circumstances justification requested: Yes Evidence of economic hardship: Yes Estimated # of jobs created by this project: 3 full-time, 0 part-time Estimated # of jobs retained at this location: 20 full-time, 2 part-time Estimated # of employees in Cook County: 20 full-time, 2 part-time Estimated # of construction jobs: 40 Proposed use of pro...
Sponsors: TONI PRECKWINKLE (President), JEFFREY R. TOBOLSKI
title
PROPOSED RESOLUTION

FOREST VIEW INVESTMENT EAST LLC CLASS 6B 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: Forest View Investment East, LLC

Address: 6464 West 51st Street

Municipality or Unincorporated Township: Village of Forest View, Illinois

Cook County District: 16

Permanent Index Number: 19-07-201-017-0000

Municipal Resolution Number: R14-13

Number of years property occupied by same industrial user: 15

Special circumstances justification requested: Yes

Evidence of economic hardship: Yes

Estimated # of jobs created by this project: 3 full-time, 0 part-time

Estimated # of jobs retained at this location: 20 full-time, 2 part-time

Estimated # of employees in Cook County: 20 full-time, 2 part-time

Estimated # of construction jobs: 40

Proposed use of property: Industrial - logistics, manufacturing, packaging and assembly services

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) Program that provides an applicant a reduction in the assessment level for a qualified 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 real estate does not meet the definition of abandoned property as defined herein, the municipality or the County Board, as the case may be, may still determine that special circumstances justify finding that the property is deemed qualified for pur...

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