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: 11/3/2025 11:00 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on: 10/28/2025
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
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25-4329 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 10/21/2025.   Not available Not available
25-3921 1 2026 GREATER CHICAGOLAND ECONOMIC PARTNERSHIPResolutionPROPOSED RESOLUTION COOK COUNTY CONTINUED SUPPORT FOR THE 2026 GREATER CHICAGOLAND ECONOMIC PARTNERSHIP WHEREAS, the Greater Chicagoland Economic Partnership (GCEP) is an economic development initiative for the seven-county region of northeastern Illinois (the "Region") created by the economic development organizations and elected officials of the Region to partner and collaborate on specific projects, share resources, and provide data and analysis to improve and enhance economic development within the Region; and WHEREAS, the GCEP aims to strengthen the seven-county region’s resiliency and competitiveness by fostering opportunities for collaboration on initiatives that benefit the entire Region; and WHEREAS, the GCEP serves Cook, DuPage, Kane, Kendall, Lake, McHenry and Will Counties and the City of Chicago whose diverse and dynamic economy is at the center of global trade routes and boasts major assets in transportation infrastructure, information technology and manufacturing; and WHEREAS, said Region, which more than 30 Fortune 500 headquarters across seven counties   Not available Not available
25-3960 1 600 University LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION 600 University 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: 600 University LLC Address: 600 W. University Drive, Arlington Heights, Illinois Municipality or Unincorporated Township: Village of Arlington Heights Cook County District: 14th District Permanent Index Number: 03-07-200-054-0000 Municipal Resolution Number: Village of Arlington Heights Resolution No. R2025-131 Number of month property vacant/abandoned: 14 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   Not available Not available
25-3961 1 IGS HQ, LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION IGS HQ, 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: IGS HQ, LLC Address: 1474 W. Hubbard Street, Chicago, Illinois Municipality or Unincorporated Township: City of Chicago Cook County District: 2nd District Permanent Index Number: 17-08-131-052-0000 Municipal Resolution Number: City of Chicago Ordinance No. 02024-0011036 Number of month property vacant/abandoned: Six (6) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - assembly, 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 abandoned industrial facility; and WHEREAS, the Cook County Classification System for Assessment   Not available Not available
25-3962 1 PortionPac Chemical CorpResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION PortionPac Chemical Corp 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: PortionPac Chemical Corp Address: 85 Bradrock Drive, Des Plaines, Illinois Municipality or Unincorporated Township: City of Des Plaines Cook County District: 17th District Permanent Index Number: 09-30-100-062-0000 Municipal Resolution Number: City of Des Plaines, Resolution Number R-95-25 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    Not available Not available
25-3963 1 All Material Matter Inc.Resolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION All Material Matter Inc. 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: All Material Matter Inc. Address: 1820 North 30th Avenue, Melrose Park, Illinois Municipality or Unincorporated Township: Village of Melrose Park Cook County District: 16th District Permanent Index Number: 15-04-201-034-0000 Municipal Resolution Number: Village of Melrose Park, Resolution No. 36-25 Number of month property vacant/abandoned: One (1) month vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, recycling 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 Co   Not available Not available
25-3964 1 Ferrara Candy CompanyResolution (Class 6B) SERPROPOSED RESOLUTION Ferrara Candy Company 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: Ferrara Candy Company Address: 3000 W Washington Blvd., Bellwood, Illinois Length of time at current location: 19 years Length of time property under same ownership: Eight (8) years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 43 years Municipality or Unincorporated Township: Proviso Cook County District: 1st District Permanent Index Number(s): 15-09-400-063-0000 and 15-09-400-064-0000 Municipal Resolution Number: Village of Bellwood, Resolution No. 25-34 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: There are six (6) blighting factors Dilapidation, Deterioration, Obsolescence, Lack of Ventilation, Ex   Not available Not available
25-3965 1 Toia Building Properties LLCResolution (Class 8) No Purchase for ValuePROPOSED RESOLUTION Toia Building Properties 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: Toia Building Properties LLC Address: 1455 Ring Drive, Calumet City, Illinois Municipality or Unincorporated Township: City of Calumet City Cook County District: 4TH District Permanent Index Number: 29-24-200-021-0000 Municipal Resolution Number: City of Calumet City, Resolution No. 24-10, Number of month property vacant/abandoned: 18 months vacant Special circumstances justification requested: Yes Proposed use of property: Commercial use - restaurant Living Wage Ordinance Compliance Affidavit Provided: N/A 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 Classification System for Asse   Not available Not available
25-3967 1 Jorge RuizResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION Jorge Ruiz 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: Jorge Ruiz Address: 2760 Bernice Avenue, Lansing Illinois Municipality or Unincorporated Township: City of Lansing Cook County District: 4th District Permanent Index Number: 30-30-304-022-0000 Municipal Resolution Number: Village of Lansing, Resolution No. 1462 Number of month property vacant/abandoned: One (1) month vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing or 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 Classification System for Assessmen   Not available Not available