File #: 22-5249    Version: 1 Name: Modern Process Equipment Corporation
Type: Resolution (Class 6B) SER Status: Approved
File created: 9/5/2022 In control: Business and Economic Development Committee
On agenda: 9/22/2022 Final action: 10/20/2022
Title: 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 ...
Sponsors: TONI PRECKWINKLE (President), ALMA E. ANAYA
title
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...

Click here for full text