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PROPOSED RESOLUTION
CRISS CIRCLE 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: Criss Circle LLC
Address: 365 Criss Circle, Elk Grove Village, Illinois 600007
Municipality or Unincorporated Township: Village of Elk Grove
Cook County District: District 15
Permanent Index Number: 08-22-102-226-0000 and 08-22-102-227-0000
Municipal Resolution Number: Village of Elk Grove Resolution No. 35-16 approved October 26, 2016,
Official Seal October 17, 2018
Number of month property vacant/abandoned: 31 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: Five (5) full-time jobs
Estimated Number of jobs retained at this location: 23 full-time jobs and five (5) part-time jobs
Estimated Number of employees in Cook County: See above information
Estimated Number of construction jobs: Two (2) to five (5) construction jobs
Proposed use of property: Industrial use - manufacturing warehousing and distribution of flat and enclosable poly bags and corrugated boxes.
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 more than 24 continuous months, there has been no purchased for value by a purchaser and the property is in need of substantial rehabilitation; and
WHEREAS, in the instance where the property does not meet the definition of abandoned property, the municipality or the Board of Commissioners, may determine that special cir...
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