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PROPOSED RESOLUTION
Mr. Brad Nardick/ The Bazaar Inc. 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: Mr. Brad Nardick/ The Bazaar Inc.
Address: 1810 North 5th Avenue & 1900 5th Avenue, River Grove, Illinois
Length of time at current location: 25 years
Length of time property under same ownership: 11 years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 51 years
Municipality or Unincorporated Township: River Grove
Cook County District: 9th District
Permanent Index Number(s): 12-35-300-018-0000; 12-35-300-008-0000;12-35-300-009-0000 &
12-35-300- 010-0000
Municipal Resolution Number: Village of River Grove, Resolution No. 2021-R-67
Evidence of Economic Hardship: Yes.
Number of blighting factors associated with the property: Six blighting factors associated with this site: Dilapidation, Deterioration, Obsolescence, Excessive Land Coverage, Lack of Ventilation, and Inadequate Foundation.
Has justification for the Class 6b SER program been provided?: Yes
Proposed use of property: Industrial - Manufacturing: Warehousing and Distribution
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 C...
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