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PROPOSED RESOLUTION
Modern Process Equipment Corporation 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: Modern Process Equipment Corporation
Address: 3130 & 3136 S. Kolin Avenue, Chicago, Illinois 60623
Length of time at current location: 50 years
Length of time property under same ownership: 6 years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 25
Municipality or Unincorporated Township: City of Chicago
Cook County District: 5th District
Permanent Index Number(s): 16-34-200-009-0000 and 16-34-200-032-0000
Municipal Resolution Number: City of Chicago, Ordinance Document Number 02022-1281
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Inadequate utilities: All lighting was replaced throughout the facility to meet new code standards along with replacing an inadequate HVAC unit with a new, energy efficient, unit. Deterioration: The floors were excessively cracked and damaged throughout the facility. The floors were grinded down, recemented and epoxy coated. Dilapidation: Chimney, shipping dock and all overhead doors were dilapidated. Chimney was removed, shipping dock was rebuilt and brought up to code and overhead doors were replaced.
Has justification for the Class 6b SER program been provided?: Yes
Proposed use of property: Industrial - Manufacturing: Manufacturing and distribution of Coffee grinding equipment
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-ter...
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