Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 1/14/2025 11:00 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on 01/07/2025
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
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25-0872 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 11/19/2024.   Not available Not available
25-0326 1 34 Davis Drive LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION 34 Davis Drive 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: 34 Davis Drive LLC Address: 34 Davis Drive, Bellwood, Illinois Municipality or Unincorporated Township: Village of Bellwood Cook County District: 1st District Permanent Index Number: 15-08-101-067-0000; 15-08-101-071-0000; 15-08-101-072-0000 Municipal Resolution Number: Village of Bellwood Resolution No. 24-27 Number of month property vacant/abandoned: Four (4) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, 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 that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and WHE   Not available Not available
25-0327 1 JABS Management and Development, LLCResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION 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: JABS Management and Development, LLC Address: 17445 Palmer Drive, Hazel Crest, Illinois Municipality or Unincorporated Township: Village of Hazel Crest Cook County District: 5th District Permanent Index Number: 28-25-401-019-0000 Municipal Resolution Number: Village of Hazel Crest, Resolution No. 09-2022 Number of month property vacant/abandoned: 12 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and distribution 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 commercial facility; and WHEREAS, the Cook County Clas   Not available Not available
25-0328 1 DNM Management LLCResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION DNM Management 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: DNM Management LLC Address: 3240 Loverock Avenue, Steger, Illinois Municipality or Unincorporated Township: Village of Steger Cook County District: 6th District Permanent Index Number: 32-33-409-049-0000 Municipal Resolution Number: Village of Steger, approved Ordinance No. 1273 Number of month property vacant/abandoned: 12 months vacant Special circumstances justification requested: Yes Proposed use of property: Commercial use - Auto repair 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 commercial facility; and WHEREAS, the Cook County Classification System for Assessment defines aban   Not available Not available
25-0329 1 Halsted Holding CorporationResolution (Class 6B) SERPROPOSED RESOLUTION Halsted Holding Corp 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: Halsted Holding Corporation Address: 13400 S. Halsted Street, Riverdale, Illinois Length of time at current location: 17 years Length of time property under same ownership: 17 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 73 years Municipality or Unincorporated Township: City of Riverdale Cook County District: 5th District Permanent Index Number(s): 25-32-401-007-0000 Municipal Resolution Number: Village of Riverdale, Resolution No. 2023-15 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: 3 blighting factors: Dilapidation -the building is 70 years old and is in average condition; Obsolescence - The structure was or   Not available Not available