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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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