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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: 7/22/2025 10:30 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on: 7/15/2025
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, Errata Business and Economic Development 7-22-2025
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
25-3362 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 06/10/2025.   Not available Not available
25-3017 1 UB (Jade – Illinois), LLC or its assigneeResolution (Class 6B) No Purchase for ValuePROPOSED RESOLUTION UB (Jade - Illinois), 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: UB (Jade - Illinois), LLC or its assignee Address: 5100 W. 73rd Street, Bedford Park, Illinois Municipality or Unincorporated Township: Village of Bedford Park Cook County District: 11th District Permanent Index Number: 19-28-200-018-0000 and 19-28-200-019-0000 Municipal Resolution Number: Village of Bedford Park Resolution No. 24-016 Number of month property vacant/abandoned: 30 months vacant Special circumstances justification requested: Yes or No 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    Not available Not available
25-3018 1 Humayan Properties LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION Humayan Properties 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: Humayan Properties LLC Address: 3000-3135 Madison Street, Bellwood, Illinois Municipality or Unincorporated Township: Village of Bellwood Cook County District: 1st District Permanent Index Number: 15-09-400-007-0000 and 15-09-400-008-0000 Municipal Resolution Number: Village of Bellwood Resolution Number 23-31 Number of month property vacant/abandoned: 14 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and/or 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   Not available Not available
25-3019 1 Hyspan Precision Products, Inc.Resolution (Class 6B) SERPROPOSED RESOLUTION Hyspan Precision Products, Inc. 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: Hyspan Precision Products, Inc. Address: 17100 Wallace Ave, South Holland, Illinois Length of time at current location: 11 years Length of time property under same ownership: 11 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 51 years Municipality or Unincorporated Township: Village of South Holland Cook County District: 5th District Permanent Index Number(s): 29-28-100-047-0000 Municipal Resolution Number: Village of South Holland, File No. 05000.1617 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: 3 blighting factors, Dilapidation- Obsolescence and Deterioration Has justification for the   Not available Not available
25-3021 1 Winston Brand Inc.Resolution (Class 6B) SERPROPOSED RESOLUTION Winston Brand Inc. 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: Winston Brand Inc. Address: Length of time at current location: Length of time property under same ownership: Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Age of the Property (Building): Municipality or Unincorporated Township: Cook County District: Permanent Index Number(s): Municipal Resolution Number: Evidence of Economic Hardship: Number of blighting factors associated with the property: Has justification for the Class 6b SER program been provided?: Proposed use of property: Industrial - Manufacturing: Living Wage Ordinance Compliance Affidavit Provided: WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b   Not available Not available