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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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