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File #: 18-4875    Version: 1 Name: DENTON CARTAGE COMPANY, 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 DENTON CARTAGE COMPANY, 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: Denton Cartage Company, Inc. Address: 7701 West 47th Street, Lyons, Illinois, 60534 and 7735 West 47th Street, McCook, Illinois, 60525 Length of time at current location: Since 1992, 26 years Length of time property under same ownership: 17 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 66 years old Municipality or Unincorporated Township: Lyons and McCook Cook County District: 16 Permanent Index Number(s): (5) PINs: 18-12-101-020-0000; 18-12-101-027-0000; 18-12-101-031-0000; 18-12-101-032-0000; 18-12-101-033-0000 Municipal Resolution Number: Village of Lyons Resolution 11-07...
Sponsors: TONI PRECKWINKLE (President), JEFFREY R. TOBOLSKI
title
PROPOSED RESOLUTION

DENTON CARTAGE COMPANY, 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: Denton Cartage Company, Inc.

Address: 7701 West 47th Street, Lyons, Illinois, 60534 and 7735 West 47th Street, McCook, Illinois, 60525

Length of time at current location: Since 1992, 26 years

Length of time property under same ownership: 17 years

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

Age of the Property (Building): 66 years old

Municipality or Unincorporated Township: Lyons and McCook

Cook County District: 16

Permanent Index Number(s): (5) PINs: 18-12-101-020-0000; 18-12-101-027-0000; 18-12-101-031-0000; 18-12-101-032-0000; 18-12-101-033-0000

Municipal Resolution Number: Village of Lyons Resolution 11-07-17-R4, Approved November 7, 2017 and Village of McCook Ordinance No. 17-22 approved December 4, 2017

Evidence of Economic Hardship: Yes

Number of blighting factors associated with the property: 3-Deterioration, Obsolescence, 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: 49 full-time, 2 part-time

Estimated # of employees in Cook County: 49 full-time, 2 part-time

Estimated # of construction jobs: TBD

Proposed use of property: Industrial - Manufacturing: Intermodal carrier 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) that provides an applicant a reduction in the assessment level for a long-term existing industrial enterprise that meets the qualifications...

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