File #: 18-4864    Version: 1 Name: ATLAS TOOL & DIE WORKS, INC. CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)
Type: Resolution (Class 6B) SER Status: Approved
File created: 7/12/2018 In control: Business and Economic Development Committee
On agenda: 7/25/2018 Final action: 9/12/2018
Title: PROPOSED RESOLUTION ATLAS TOOL & DIE WORKS, INC. 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: Atlas Tool & Die Works, Inc. Address: 4633 South Lawndale Avenue, Lyons, Illinois 60534 Length of time at current location: 59 years Length of time property under same ownership: 23 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): Various, ranging from 33-85 years Municipality or Unincorporated Township: Lyons Cook County District: 16 Permanent Index Number(s): (8) PINs: 18-02-422-015-0000; 18-02-422-042-0000; 18-02-422-047-0000; 18-02-422-048-0000; 18-02-422-055-0000; 18-02-422-056-0000; 18-02-422-061-0000; 18-02-422-062-0000 Municipal Resolution Number: Village of Lyons Resol...
Sponsors: TONI PRECKWINKLE (President), JEFFREY R. TOBOLSKI
title
PROPOSED RESOLUTION

ATLAS TOOL & DIE WORKS, INC. 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: Atlas Tool & Die Works, Inc.

Address: 4633 South Lawndale Avenue, Lyons, Illinois 60534

Length of time at current location: 59 years

Length of time property under same ownership: 23 years

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

Age of the Property (Building): Various, ranging from 33-85 years

Municipality or Unincorporated Township: Lyons

Cook County District: 16

Permanent Index Number(s): (8) PINs: 18-02-422-015-0000; 18-02-422-042-0000; 18-02-422-047-0000; 18-02-422-048-0000; 18-02-422-055-0000; 18-02-422-056-0000; 18-02-422-061-0000; 18-02-422-062-0000

Municipal Resolution Number: Village of Lyons Resolution 11-07-17-R3

Evidence of Economic Hardship: Yes, provided

Number of blighting factors associated with the property: 4-Age, Obsolescence, Lack of Physical Maintenance, Dilapidation

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

Estimated # of jobs created by this project: 18 full-time, 0 part-time

Estimated # of jobs retained at this location: 66 full-time, 0 part-time

Estimated # of employees in Cook County: 71 full-time, 0 part-time

Estimated # of construction jobs: 7

Proposed use of property: Industrial - Manufacturing: Metals and parts

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...

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