File #: 20-2457    Version: 1 Name: Wilkins Truck Sales CLASS 8 PROPERTY TAX INCENTIVE REQUEST
Type: Resolution (Class 8) No Purchase for Value TEERM Status: Approved
File created: 5/11/2020 In control: Board of Commissioners
On agenda: 5/21/2020 Final action: 5/21/2020
Title: PROPOSED RESOLUTION WILKINS TRUCK SALES CLASS 8 PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 8 application containing the following information: Applicant: Wilkins Truck Sales Address: 3280 East End Avenue, South Chicago Heights, Illinois 60411 Municipality or Unincorporated Township: Village of South Chicago Heights Cook County District: 6 Permanent Index Number: 32-33-101-038-0000 Municipal Resolution Number: Village of South Chicago Heights Resolution No, 2020-R-8 Number of month property vacant/abandoned: 14 months vacant Special circumstances justification requested: Yes TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION (Vacant for more than 12 months but less than 24 months - No Purchase for Value) Justification: Yes Proposed use of property: Industrial use - Light mechanic work, heavy truck and industrial equipment Living Wage Ordinance ...
Sponsors: TONI PRECKWINKLE (President), DONNA MILLER
title
PROPOSED RESOLUTION

WILKINS TRUCK SALES CLASS 8 PROPERTY TAX INCENTIVE REQUEST

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 8 application containing the following information:

Applicant: Wilkins Truck Sales

Address: 3280 East End Avenue, South Chicago Heights, Illinois 60411

Municipality or Unincorporated Township: Village of South Chicago Heights

Cook County District: 6

Permanent Index Number: 32-33-101-038-0000

Municipal Resolution Number: Village of South Chicago Heights Resolution No, 2020-R-8

Number of month property vacant/abandoned: 14 months vacant

Special circumstances justification requested: Yes

TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION (Vacant for more than 12 months but less than 24 months - No Purchase for Value) Justification: Yes

Proposed use of property: Industrial use - Light mechanic work, heavy truck and industrial equipment

Living Wage Ordinance Compliance Affidavit Provided: Yes

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the assessment level for an abandoned industrial/commercial 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 circumstances may exist that justify finding that the property as abandoned for purpose of the Class 8 TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION; and

WHEREAS, in the case of abandonment according to the TEERM definition, aban...

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