title
PROPOSED RESOLUTION
Ingredion 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: Ingredion Inc.
Address: 6400 S Archer Rd, Bedford Park, Illinois
Length of time at current location: Since 1901
Length of time property under same ownership: Since 1901
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): All buildings over 20 years old
Municipality or Unincorporated Township: Village of Bedford Park, Resolution No. 23-022
Cook County District: 16th District
Permanent Index Number(s): 18-14-400-003-0000,18-14-401-005-0000, 18-23-200-001-0000, 18-23-201-002-0000, 18-23-201-004-0000, 18-23-201-012-0000, 18-23-201-015-0000, 18-24-100-003-0000 and 18-24-100-016-0000
Municipal Resolution Number: Village of Bedford Park, Resolution No.
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Evidence of 6 Blight factors, Dilapidation, Deterioration, Obsolescence, Lack of Ventilation, Excessive Land Coverage, and Inadequate Utilities.
Has justification for the Class 6b SER program been provided?: Yes
Proposed use of property: Industrial - Manufacturing: Yes
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...
Click here for full text