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File #: 19-1311    Version: 1 Name: ASHLAND LLC CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)
Type: Resolution (Class 6B) SER Status: Approved
File created: 1/15/2019 In control: Business and Economic Development Committee
On agenda: 1/24/2019 Final action: 2/21/2019
Title: PROPOSED RESOLUTION ASHLAND LLC 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: Ashland LLC Address: 14200 South Paxton Avenue, Calumet City, Illinois 60409 Length of time at current location: 30 years Length of time property under same ownership: 65 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): Average of 30 years old Municipality or Unincorporated Township: Thornton Cook County District: 4 Permanent Index Number(s): (6) PINs: 29-01-100-004-0000; 29-01-200-007-0000; 29-01-300-001-0000; 29-01-400-005-0000; 29-01-400-019-0000; 29-01-400-022-0000 Municipal Resolution Number: Resolution 18-41 approved August 9, 2018 Evidence of Economic Hardship: Yes Number of blightin...
Sponsors: TONI PRECKWINKLE (President), STANLEY MOORE
title
PROPOSED RESOLUTION

ASHLAND LLC 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: Ashland LLC

Address: 14200 South Paxton Avenue, Calumet City, Illinois 60409

Length of time at current location: 30 years

Length of time property under same ownership: 65 years

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

Age of the Property (Building): Average of 30 years old

Municipality or Unincorporated Township: Thornton

Cook County District: 4

Permanent Index Number(s): (6) PINs: 29-01-100-004-0000; 29-01-200-007-0000; 29-01-300-001-0000; 29-01-400-005-0000; 29-01-400-019-0000; 29-01-400-022-0000

Municipal Resolution Number: Resolution 18-41 approved August 9, 2018

Evidence of Economic Hardship: Yes

Number of blighting factors associated with the property: 4-Dilapidation, Obsolescence, Presence of Structures Below Minimum Code Standards, Deterioration

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

Estimated # of jobs created by this project: 2 full-time, 0 part-time

Estimated # of jobs retained at this location: 59 full-time, 0 part-time

Estimated # of employees in Cook County: 59 full-time, 0 part-time

Estimated # of construction jobs: TBD

Proposed use of property: Industrial - Manufacturing: Chemical solutions

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 for Assessment requires that an applicant...

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