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File #: 20-0448    Version: 1 Name: ARLINGTON INDUSTRIAL OWNER 6B SER
Type: Resolution (Class 6B) SER Status: Approved
File created: 11/29/2019 In control: Business and Economic Development Committee
On agenda: 12/19/2019 Final action: 1/16/2020
Title: PROPOSED RESOLUTION ARLINGTON INDUSTRIAL OWNER LP 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: Arlington Industrial Owner, LP Address: 7400 West 100th Place, Bridgeview, Illinois 60455 Length of time at current location: Tenant Tibor Machine Products, Inc.-11 years at time of application to BED Length of time property under same ownership: Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 45 years Municipality or Unincorporated Township: Palos Cook County District: 6 Permanent Index Number(s): (1) PIN: 23-12-401-024-0000, (formerly part of 23-12-401-021-0000) Municipal Resolution Number: Village of Bridgeview Ordinance 19-19, approved July 3rd, 2019 Evidence of Economic Har...
Sponsors: TONI PRECKWINKLE (President), DONNA MILLER
title
PROPOSED RESOLUTION

ARLINGTON INDUSTRIAL OWNER LP 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: Arlington Industrial Owner, LP

Address: 7400 West 100th Place, Bridgeview, Illinois 60455

Length of time at current location: Tenant Tibor Machine Products, Inc.-11 years at time of application to BED

Length of time property under same ownership:

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

Age of the Property (Building): 45 years

Municipality or Unincorporated Township: Palos

Cook County District: 6

Permanent Index Number(s): (1) PIN: 23-12-401-024-0000, (formerly part of 23-12-401-021-0000)

Municipal Resolution Number: Village of Bridgeview Ordinance 19-19, approved July 3rd, 2019

Evidence of Economic Hardship: Yes

Number of blighting factors associated with the property: 5-

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

Proposed use of property: Industrial - Manufacturing: Parts

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 under the Class 6b SER program provide evidence justifying their participation in the subject program; and

WHEREAS, Class 6b SER requires a resolution by the County Board validating the property for the purpose of the Class 6bSER Program; and

WHEREAS, the industrial enterprise that occupies the premises has been at the same loc...

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