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17-1139
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 12/14/2016 | approve | Pass |
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17-0453
| 1 | | ASHLAND DOOR SOLUTIONS LLC 6B | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
ASHLAND DOOR SOLUTIONS LLC 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: Ashland Door Solutions LLC or its Assignee
Address: 185 Martin Lane, Elk Gove Village, Illinois 60007
Municipality or Unincorporated Township: Elk Grove Village
Cook County District: 15
Permanent Index Number: 08-22-301-059-0000
Municipal Resolution Number: 25-15, approved May 12, 2015
Number of month property vacant/abandoned: 2 months at time of application to BED
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 8 full-time, 0 part-time
Estimated Number of jobs retained at this location: 0 full-time, 0 part-time
Estimated Number of employees in Cook County: 12 full-time, 0 part-time
Estimated Number of construction jobs: 3-6
Proposed use of property: Industrial-Manufacturing, warehousing, d | recommend for approval | Pass |
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17-0469
| 1 | | MICHAEL A. MARTIN AND ROBERT J. TALERICO 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
MICHAEL A. MARTIN AND ROBERT J. TALERICO 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: Michael A. Martin and Robert J. Talerico
Address: 7224 West 60th Street, Summit, Illinois 60501
Municipality or Unincorporated Township: Summit
Cook County District: 16
Permanent Index Number: (3) PINs: 18-13-302-009-0000; 18-13-302-010-0000; 18-13-408-006-0000
Municipal Resolution Number: Ordinance 16-O-16 approved September 1, 2016
Number of month property vacant/abandoned: 9 months at time of application to BED
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 35 full-time, 0 part-time
Estimated Number of jobs retained at this location: 0 full-time, 0 part-time
Estimated Number of employees in Cook County: 210 full-time, 0 part-time
Estimated Number of construction jobs: 50
Proposed use of pro | recommend for approval | Pass |
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17-0491
| 1 | | 920 VENTURE LLC OR ITS ASSIGNEE 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
920 VENTURE LLC 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: 920 Venture LLC or its Assignee
Address: 920 West Pershing Road, Chicago, Illinois 60609
Municipality or Unincorporated Township: Chicago
Cook County District: 11
Permanent Index Number: 17-32-421-007-0000
Municipal Resolution Number: City of Chicago Resolution, approved 7/20/2016
Number of month property vacant/abandoned: 14 months at time of application to BED
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 30 full-time, 0 part-time
Estimated Number of jobs retained at this location: 0 full-time, 0 part-time
Estimated Number of employees in Cook County: 106
Estimated Number of construction jobs: 25
Proposed use of property: Industrial-warehousing
Living Wage Ordinance Compliance Affidavit Provide | recommend for approval | Pass |
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17-0517
| 1 | | 15300 SOUTH CICERO AVE. INC. CLASS 8 PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 8) No Purchase for Value | PROPOSED RESOLUTION
15300 SOUTH CICERO AVE. INC. 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: 15300 South Cicero Ave Inc.
Address: 15300 South Cicero Avenue, Oak Forest, Illinois
Municipality or Unincorporated Township: Village of Oak Forest
Cook County District: District 6
Permanent Index Number: 28-16-2085-0000
Municipal Resolution Number: Village of Oak Forest Resolution No. 2016-06-0291R
Number of month property vacant/abandoned: 19 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: Two (2) full-time and two (2) part-time jobs
Estimated Number of jobs retained at this location: None
Estimated Number of employees in Cook County: 30 full-time and 30 part-time jobs
Estimated Number of construction jobs: Four (4) construction jobs
Proposed use of property: Commercial use Showroom roo | recommend for approval | Pass |
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17-0518
| 1 | | HUDSON AVENUE CAPITAL, LLC 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
HUDSON AVENUE CAPITAL, 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: Hudson Avenue Capital, LLC
Address: 3999 N. 25th Avenue, Schiller Park, Illinois
Municipality or Unincorporated Township: Village of Schiller Park
Cook County District: District 9
Permanent Index Number: 12-21-201-007-0000
Municipal Resolution Number: Village of Schiller Park Resolution No. 17-16
Number of month property vacant/abandoned: 14 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 12 full-time jobs
Estimated Number of jobs retained at this location: 28 full-time jobs
Estimated Number of employees in Cook County: Same as retained
Estimated Number of construction jobs: 15-25 construction jobs
Proposed use of property: Manufacturing, Warehousing and Distribution
Living Wage Ordinance Com | recommend for approval | Pass |
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17-0519
| 1 | | HUNTER FOUNDRY MACHINERY CORPORATION CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER) | Resolution (Class 6B) SER | PROPOSED RESOLUTION
HUNTER FOUNDRY MACHINERY CORPORATION 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: Hunter Foundry Machinery Corporation
Address: 2222 Hammond Drive, Schaumburg, Illinois
Length of time at current location: 47 Years
Length of time property under same ownership: 47 Years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 48 Years
Municipality or Unincorporated Township: Village of Schaumburg
Cook County District: District 14
Permanent Index Number(s): 02-34-300-019-0000
Municipal Resolution Number: Village of Schaumburg Resolution No. R-16-075
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Three (3) Dilapidation; Obsolescence and Deterioration
Has justification for the C | recommend for approval | Pass |
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17-0521
| 1 | | LANSING HOLDINGS LLC CLASS 8 PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 8) No Purchase for Value | PROPOSED RESOLUTION
LANSING HOLDINGS 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: Lansing Holdings LLC
Address: 17425 Torrence Avenue, Lansing, Illinois
Municipality or Unincorporated Township: Village of Lansing
Cook County District: District 4
Permanent Index Number: 30-30-305-036-0000
Municipal Resolution Number: Village of Lansing Resolution No. 971
Number of month property vacant/abandoned: Five (5) months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 20 full-time jobs
Estimated Number of jobs retained at this location: None
Estimated Number of employees in Cook County: None
Estimated Number of construction jobs: 25-35 construction jobs
Proposed use of property: Commercial retail
Living Wage Ordinance Compliance Affidavit Provided: Not applicable
WHEREAS, the Cook | recommend for approval | Pass |
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17-0293
| 1 | | TAX INCENTIVE ORDINANCE AMENDMENT | Ordinance Amendment | PROPOSED SUBSTITUTE TO FILE 17-0293
BUSINESS AND ECONOMIC DEVELOPMENT COMMITTEE 3/22/2017
Sponsored by: JESÚS G. GARCIA, Cook County Board of Commissioner
TAX INCENTIVE ORDINANCE
BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 TAXATION, ARTICLE II REAL PROPERTY TAXATION, DIVISION 1. - GENERALLY, Sec. 74-46 AND DIVISION 2. - CLASSIFICATION SYSTEM FOR ASSESSMENT, Sec. 74-62 through Sec. 74-73, of the Cook County Code are hereby amended as follows:
Sec. 74-46. - Bureau of Economic Development Property Tax Incentive Program Fee.
Cook County Bureau of Economic Development shall charge the following processing fees in connection with the property tax incentive program review conducted by the Bureau of Economic Development:
(a) All property tax incentive applications received by the Cook County Assessor, as provided for in Division 2 of this Article, that require a Cook County Board of Commissioners Resolution of support shall be assessed a fee of $1,000.00, except for Class 7a projects where the total development costs are less than $1,000,000. Upon submiss | recommend for deferral | |
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