File #: 16-2205    Version: 1 Name: LITTLE BEANS CAFÉ CLASS 7A PROPERTY TAX INCENTIVE REQUEST
Type: Resolution Status: Approved
File created: 3/14/2016 In control: Business and Economic Development Committee
On agenda: 3/23/2016 Final action: 4/13/2016
Title: PROPOSED RESOLUTION LITTLE BEANS CAF? CLASS 7A PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7A application containing the following information: Applicant: Little Beans Caf? Address: 430 Asbury, Evanston, Illinois Municipality or Unincorporated Township: Evanston Cook County District: 13 Permanent Index Number: 10-25-206-007-0000; 10-25-206-008-0000 and 10-25-203-011-0000 Municipal Resolution Number: Resolution No. 64-R-14 approved 9/14/2014, 2014 and Resolution No. 80-R-15 approved 8/17/2015 Number of month property vacant/abandoned: Seven (7) years vacant Special circumstances justification requested: Yes Confirmation supporting that all five (5) eligibility factors have been met: Yes Estimated Number of jobs created by this project: Four (4) full-time, 19 part-time Estimated Number of jobs retained at this location: None ...
Sponsors: TONI PRECKWINKLE (President), LARRY SUFFREDIN
title
PROPOSED RESOLUTION

LITTLE BEANS CAF? CLASS 7A PROPERTY TAX INCENTIVE REQUEST

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7A application containing the following information:

Applicant: Little Beans Caf?

Address: 430 Asbury, Evanston, Illinois

Municipality or Unincorporated Township: Evanston

Cook County District: 13

Permanent Index Number: 10-25-206-007-0000; 10-25-206-008-0000 and 10-25-203-011-0000

Municipal Resolution Number: Resolution No. 64-R-14 approved 9/14/2014, 2014 and Resolution No. 80-R-15 approved 8/17/2015

Number of month property vacant/abandoned: Seven (7) years vacant

Special circumstances justification requested: Yes

Confirmation supporting that all five (5) eligibility factors have been met: Yes

Estimated Number of jobs created by this project: Four (4) full-time, 19 part-time

Estimated Number of jobs retained at this location: None

Estimated Number of employees in Cook County: Two (2) full-time, eight (8) part-time

Estimated Number of construction jobs: Eight (8) - 14 construction jobs

Proposed use of property: Commercial

Living Wage Ordinance Compliance Affidavit Provided: Not applicable

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 7A 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 circu...

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