File #: 15-5483    Version: 1 Name: NAWC Realty LLC 6b SER
Type: Resolution (Class 6B) SER Status: Approved
File created: 9/15/2015 In control: Business and Economic Development Committee
On agenda: 10/7/2015 Final action: 10/28/2015
Title: PROPOSED RESOLUTION NAWC REALTY LLC 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: NAWC Realty LLC Address: 6800 West 68th Street, Bedford Park, Illinois 60638 Length of time at current location: 16 years Length of time property under same ownership: 16 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 30 years Municipality or Unincorporated Township: Bedford Park Cook County District: 11 Permanent Index Number(s): 19-19-301-019-0000 Municipal Resolution Number: 14-019 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: (4) Deterioration, Obsolescence, Lack of Community Planning, EAV Decline Has ju...
Sponsors: TONI PRECKWINKLE (President), JOHN P. DALEY
title
PROPOSED RESOLUTION

NAWC REALTY LLC 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: NAWC Realty LLC

Address: 6800 West 68th Street, Bedford Park, Illinois 60638

Length of time at current location: 16 years

Length of time property under same ownership: 16 years

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

Age of the Property (Building): 30 years

Municipality or Unincorporated Township: Bedford Park

Cook County District: 11

Permanent Index Number(s): 19-19-301-019-0000

Municipal Resolution Number: 14-019

Evidence of Economic Hardship: Yes

Number of blighting factors associated with the property: (4) Deterioration, Obsolescence, Lack of Community Planning, EAV Decline

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

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

Estimated # of jobs retained at this location: 25 full-time, 0 part-time

Estimated # of employees in Cook County: 49 full-time, 1 part-time

Estimated # of construction jobs: 0

Proposed use of property: Industrial - Manufacturing: Warehousing

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 requires that an applicant under the Class 6b SER program provide evidence justifying their participation in the subject program; and

WHEREAS, Class 6b SER req...

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