Share to Facebook Share to Twitter Bookmark and Share
File #: 16-2431    Version: 1 Name: PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT 7852 W. 47th Street, LLC
Type: Resolution Status: Approved
File created: 3/23/2016 In control: Board of Commissioners
On agenda: 4/13/2016 Final action: 4/13/2016
Title: PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT Department: Department of Planning and Development Request: Correcting P.I.N. Numbers on a previously approved resolution Item Number: 15-4074 Fiscal Impact: N/A Account(s): N/A Original Text of Item: 7852 W. 47TH STREET, LLC 6B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b application containing the following information: Applicant: 7852 W. 47th Street, LLC Address: 7852 W. 47th Street, Lyons, Illinois Municipality or Unincorporated Township: Lyons Cook County District: 16 Permanent Index Number: 18-01-0322322-009-0000 and 18-01-0322322-010-0000 Municipal Resolution Number: Village of Lyons Resolution Number 05-19-15-R1 Number of month property vacant/abandoned: 15 months vacant Special circumstances justification requested: Yes Estimated Number of jobs crea...
Sponsors: TONI PRECKWINKLE (President), JEFFREY R. TOBOLSKI
title
PROPOSED PREVIOUSLY APPROVED ITEM AMENDMENT

Department: Department of Planning and Development

Request: Correcting P.I.N. Numbers on a previously approved resolution

Item Number: 15-4074

Fiscal Impact: N/A

Account(s): N/A

Original Text of Item: 7852 W. 47TH STREET, LLC 6B PROPERTY TAX INCENTIVE REQUEST

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b application containing the following information:

Applicant: 7852 W. 47th Street, LLC

Address: 7852 W. 47th Street, Lyons, Illinois

Municipality or Unincorporated Township: Lyons

Cook County District: 16

Permanent Index Number: 18-01-0322322-009-0000 and 18-01-0322322-010-0000

Municipal Resolution Number: Village of Lyons Resolution Number 05-19-15-R1

Number of month property vacant/abandoned: 15 months vacant

Special circumstances justification requested: Yes

Estimated Number of jobs created by this project: 10 full-time, 10 part-time

Estimated Number of jobs retained at this location: 13 full-time, 8 part-time

Estimated Number of employees in Cook County: Not applicable

Estimated Number of construction jobs: none

Proposed use of property: Manufacturing, assembling and distribution of decorated glass

Living Wage Ordinance Compliance Affidavit Provided: Yes

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b 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 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 the property does not meet the ...

Click here for full text