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File #: 18-6003    Version: 1 Name: A-1 TOOL CORPORATION CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)
Type: Resolution (Class 6B) SER Status: Approved
File created: 9/18/2018 In control: Business and Economic Development Committee
On agenda: 9/26/2018 Final action: 10/17/2018
Title: PROPOSED RESOLUTION A-1 TOOL CORPORATION 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: A-1 Tool Corporation Address: 1345 Armitage Avenue and 2117 15th Avenue Melrose Park, Illinois Length of time at current location: 26 years Length of time property under same ownership: 26 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 2117 15th Avenue - 53 years and 1345 Armitage Ave-51 years Municipality or Unincorporated Township: Melrose Park Cook County District: 16 Permanent Index Number(s): 12-34-207-012-0000 and 12-34-207-013-0000 Municipal Resolution Number: Village of Melrose Park, Resolution No. 57-18 Evidence of Economic Hardship: Yes Number of blighting factors ...
Sponsors: TONI PRECKWINKLE (President), JEFFREY R. TOBOLSKI
title
PROPOSED RESOLUTION

A-1 TOOL CORPORATION 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: A-1 Tool Corporation

Address: 1345 Armitage Avenue and 2117 15th Avenue Melrose Park, Illinois

Length of time at current location: 26 years

Length of time property under same ownership: 26 years

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

Age of the Property (Building): 2117 15th Avenue - 53 years and 1345 Armitage Ave-51 years

Municipality or Unincorporated Township: Melrose Park

Cook County District: 16

Permanent Index Number(s): 12-34-207-012-0000 and 12-34-207-013-0000

Municipal Resolution Number: Village of Melrose Park, Resolution No. 57-18

Evidence of Economic Hardship: Yes

Number of blighting factors associated with the property: Four (4) blighted factors, Deterioration, Deleterious land-use or layout, Obsolescence and Equalized Assessed Value

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

Estimated # of jobs created by this project: None

Estimated # of jobs retained at this location: 81full-time jobs, five (5) part-time jobs

Estimated # of employees in Cook County: Same as above

Estimated # of construction jobs: None

Proposed use of property: Industrial - Manufacturing: Manufacturing, assembling, packaging, warehousing, and shipping

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 fo...

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