Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 2/26/2020 10:30 AM Minutes status: Final  
Meeting location: Cook County Building, Board Room 118 North Clark Street, Chicago, Illinois
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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20-1799 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 01/15/2020approve  Action details Not available
20-0583 1 CEK TILE LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION CEK TILE 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: CEK Tile LLC Address: 1911 South Busse Road, Mount Prospect, Illinois 60056 Municipality or Unincorporated Township: Mouth Prospect Cook County District: 9 Permanent Index Number: (1) PIN: 08-23-101-041-00008-23-101-041-0000 Municipal Resolution Number: Village of Mouth Prospect Resolution 32-19, approved August 7, 2019 Number of month property vacant/abandoned: 2 months at time of application to BED Special circumstances justification requested: Yes Proposed use of property: Industrial-Light 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 facilitrecommend for approvalPass Action details Not available
20-0965 1 ELIZABETH KINSELLA (811 MORSE AVENUE LLC) 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION ELIZABETH KINSELLA (811 MORSE 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: Elizabeth Kinsella (811 Morse Avenue LLC) Address: 811 Morse Avenue, Schaumburg, Illinois 60193 Municipality or Unincorporated Township: Schaumburg Cook County District: 15 Permanent Index Number: (1) PIN: 07-33-203-070-0000 (subdivided from 07-33-203-033-0000) Municipal Resolution Number: Village of Schaumburg Resolution No. R-18-027, approved 3/13/2018 Number of month property vacant/abandoned: 12 Special circumstances justification requested: Yes Proposed use of property: Industrial-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 industrecommend for approvalPass Action details Not available
20-0966 1 VK ACQUISTION-OAKTON 6BResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION VK ACQUISITIONS IV, 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: VK Acquisitions IV, LLC Address: 31 East Oakton Street, Des Plaines, Illinois, 60018 Municipality or Unincorporated Township: Des Plaines Cook County District: 17 Permanent Index Number: (2) PINs: 09-30-100-003-0000; 09-30-100-060-0000 Municipal Resolution Number: Village of Des Plaines Resolution R-137-19, approved August 5, 2019 Number of month property vacant/abandoned: 9 months at time of application to BED Special circumstances justification requested: Yes Proposed use of property: Industrial-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 frecommend for approvalPass Action details Not available
20-1070 1 Oxcart, LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION OXCART, 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: Oxcart, LLC Address: 1729-1733 Central Street, Evanston, Illinois Municipality or Unincorporated Township: City of Evanston Cook County District: 13th District Permanent Index Number: 05-34-427-017-0000 Municipal Resolution Number: City of Evanston Resolution NUMBER 82-R-19 Number of month property vacant/abandoned: 10 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - food production 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 definerecommend for approvalPass Action details Not available
20-1078 1 500 North Wells, LLC-Series 1020Resolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION 500 NORTH WELLS, LLC-Series 1020 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: 500 North Wells, LLC-Series 1020 Address: 201 E. Commerce Drive, Schaumburg, Illinois Municipality or Unincorporated Township: Village of Schaumburg Cook County District: 15th District Permanent Index Number: 074-10-204-005-0000 Municipal Resolution Number: Village of Schaumburg, Resolution Number R-19-018 Number of month property vacant/abandoned: 16 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial - 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 recommend for approvalPass Action details Not available