Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 3/16/2022 10:30 AM Minutes status: Final  
Meeting location: Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: Click here to watch live, To comment on an item on the agenda, click here
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
22-2270 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 01/12/2022approvePass Action details Not available
22-1305 1 815 Lunt Avenue LLCResolution (Class 6B) No Purchase for ValuePROPOSED RESOLUTION 815 Lunt Avenue LLC 6B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b application containing the following information: Applicant: 815 Lunt Avenue LLC Address: 815 Lunt Avenue, Schaumburg, Illinois Municipality or Unincorporated Township: Village of Schaumburg Cook County District: 15th District Permanent Index Number: 07-33-202-067-0000 Municipal Resolution Number: Village of Schaumburg, Resolution No. R-21-017 Number of month property vacant/abandoned: 24 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and/or distribution Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and WHEREAS, the Cook County Classificrecommend for approvalPass Action details Not available
22-1307 1 Exeter 1000 Estes, LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION Exeter 1000 Estes, LLC 6B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b application containing the following information: Applicant: Exeter 1000 Estes, LLC Address: 1850 Greenleaf Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Village of Elk Grove Cook County District: 15th District Permanent Index Number: 08-34-100-012-0000, 08-34-100-036-0000 and 08-34-100-081-0000 Municipal Resolution Number: Village of Elk Grove, Resolution No. 70-20 Number of month property vacant/abandoned: 90 days vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and/or distribution Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b that provides an applicant a reduction in the assessment level for an abandoned industrialrecommend for approvalPass Action details Not available
22-1343 1 Tru Vue, Inc.Resolution (Class 6B) SERPROPOSED RESOLUTION Tru Vue, 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: Tru Vue, Inc. Address: 9400 W. 55th Street, McCook, Illinois Length of time at current location: 19 years Length of time property under same ownership: 19 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 21 years Municipality or Unincorporated Township: Village of McCook Cook County District: 16th Permanent Index Number(s): 18-10-300-015-0000 and 18-10-300-029-0000 Municipal Resolution Number: Village of McCook, Ordinance No. 20-34 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Three (3) Blighting factors Dilapidation & Deterioration; Obsolescence & Inadequate Utilities and Deleterious Land Use Has justifrecommend for approvalPass Action details Not available
22-1347 1 Riverview Investments, LLCResolution (Class 8) No Purchase for ValuePROPOSED RESOLUTION Riverview Investments, LLC CLASS 8 PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 8 application containing the following information: Applicant: Riverview Investments, LLC Address: 107 Blackstone Street, Thornton, Illinois Municipality or Unincorporated Township: Village of Thornton Cook County District: 6th District Permanent Index Number: 29-34-107-035-0000 Municipal Resolution Number: Village of Thornton, approved June 20, 2016 Number of month property vacant/abandoned: 48 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial/Commercial- Distillery, restaurant, event space Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and WHEREAS, the Cook County recommend for approvalPass Action details Not available