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PROPOSED RESOLUTION
Richards Graphic Communications, 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: Richards Graphic Communications, Inc.
Address: 2700 Van Buren Street, Bellwood, Illinois
Length of time at current location:
Length of time property under same ownership: 35 Years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 56 Years
Municipality or Unincorporated Township: Village of Bellwood
Cook County District: 1st District
Permanent Index Number(s): 15-16-214-037-0000
Municipal Resolution Number: Village of Bellwood, Resolution Number 22-13
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Three (3) blighting factors: Obsolescence - The property was built 50 years ago, and as such, many fixtures from the original construction have since fallen into a state of disrepair, and HVAC unit needs to be replaced. Dilapidation- 30 year old roof needs to be replaced and front wall of the building was seriously damaged due to a driver's collision and Deterioration - The flooring in the building is in serious disrepair and the parking lot at the property is in a state of disrepair and will need to be completely resurfaced and restriped
Has justification for the Class 6b SER program been provided?: Yes
Proposed use of property: Industrial - Manufacturing: Fulfillment center - manufacturing 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 industr...
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