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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: 4/14/2026 11:00 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on: 4/9/2026
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: To comment on an item on this agenda, click here, Click to Watch Live
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26-1143 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 03/11/2026.   Not available Not available
26-0914 1 Shanley Pump & Equipment, Inc. or its assigneeResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION Shanley Pump & Equipment, Inc. or its assignee 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: Shanley Pump & Equipment, Inc. or its assignee Address: 616 E. Brook Drive, Arlington Heights, Illinois Municipality or Unincorporated Township: Village of Arlington Heights Cook County District: 15th District Permanent Index Number: 08-15-310-002-0000 Municipal Resolution Number: Village of Arlington Heights Resolution No. R2024-43 Number of month property vacant/abandoned: Five (5) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use, warehousing 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 abando   Not available Not available
26-0915 1 1090 Pratt LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION 1090 Pratt 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: 1090 Pratt LLC Address: 1090 Pratt Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Elk Grove Village Cook County District: 15th District Permanent Index Number: 08-34-305-028-0000 Municipal Resolution Number: Elk Grove Village Resolution No. 62-24 Number of month property vacant/abandoned: Three (3) 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 WHEREAS, the Cook County Classification   Not available Not available
26-0936 1 ORDINANCE CONCERNING THE COOK COUNTY REAL PROPERTY ASSESSMENT CLASSIFICATIONOrdinance AmendmentPROPOSED ORDINANCE AMENDMENT ORDINANCE CONCERNING THE COOK COUNTY REAL PROPERTY ASSESSMENT CLASSIFICATION ORDINANCE REGARDING INCENTIVE CLASSIFICATIONS WHEREAS, Cook County is a home rule unit of local government pursuant to Article VII, Section 6(a) of the 1970 Illinois Constitution, and as such may exercise any power and perform any function pertaining to its government and affairs; and WHEREAS, certain portions of the Real Property Assessment Classification Ordinance regarding incentive classifications are scheduled to expire at the end of the year 2027; and WHEREAS, minor revisions and corrections are being made to certain portions of the Real Property Assessment Classification Ordinance to increase understanding, transparency and accountability; and WHEREAS, it is desirous that the provisions of the Real Property Assessment Classification Ordinance governing incentive classifications remain in effect. BE IT ORDAINED, by the Cook County Board of Commissioners, Chapter 74 TAXATION, ARTICLE II. - REAL PROPERTY TAXATION, DIVISION 2. - CLASSIFICATION SYSTEM FOR ASSE   Not available Not available