Meeting date/time:
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10/19/2023
9:45 AM
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Minutes status:
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Draft
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Meeting location:
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Cook County Building, Board Room,
118 North Clark Street, Chicago, Illinois Reconvened Meeting from 10/17/2023
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23-5355
| 1 | | BED minutes from the meeting of 9/12/2023 | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 9/12/2023 | | |
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23-4487
| 1 | | PICO Chemical/4000 E. 16th LLC | Resolution (Class 6B) SER | PROPOSED RESOLUTION
PICO Chemical/4000 E. 16th LLC 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: PICO Chemical/4000 E. 16th LLC
Address: 400 E. 16th Street, Chicago Heights, Illinois
Length of time at current location: 26 years
Length of time property under same ownership: 26 years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 62 Years
Municipality or Unincorporated Township: Bloom
Cook County District: 5th District
Permanent Index Number(s): 32-22-300-039-0000
Municipal Resolution Number: Village of Chicago Heights, Resolution Number 2021-121
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Obsolescence -Low ceiling heights-do not meet the stacking height of 20 + feet in newer buildings; Deterio | | |
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23-4488
| 1 | | BCORE Corridor Chicago LLC | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
BCORE Corridor Chicago 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: BCORE Corridor Chicago LLC
Address: 1500 S Wolf Avenue, Wheeling, Illinois, 60090
Municipality or Unincorporated Township: Village of Wheeling
Cook County District: 14th District
Permanent Index Number: 03-23-202-025-0000
Municipal Resolution Number: Village of Wheeling, Resolution No. 22-073
Number of month property vacant/abandoned: 13 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, the Cook Co | | |
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23-4561
| 1 | | TOK HOTEL LLC or it’s Assignee | Resolution (Class 8) No Purchase for Value | PROPOSED RESOLUTION
TOK HOTEL LLC or it's Assignee 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: TOK HOTEL LLC or it's Assignee
Address: 5200 Lake Superior Drive Matteson, Illinois
Municipality or Unincorporated Township: Name of Municipality or Unincorporated Township
Cook County District: 6th District
Permanent Index Number: 31-21-203-001-0000
Municipal Resolution Number: Village of Matteson, Resolution No. 1320-0623
Number of month property vacant/abandoned: 16 months vacant
Special circumstances justification requested: Yes
Proposed use of property: Commercial use - Hotel space
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 industrial facility; and
WHEREAS, the Cook C | | |
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23-4562
| 1 | | SBS 13939 Harrison Building LLC | Contract Amendment | PROPOSED RESOLUTION
SBS 13939 Harrison Building LLC and Proflow Pumping Solutions, 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: SBS 13939 Harrison Building LLC and Proflow Pumping Solutions, Inc.
Address: 13939 Harrison Avenue, Posen, Illinois, 60469
Municipality or Unincorporated Township: Village of Posen
Cook County District: 5th District
Permanent Index Number: 28-01-400-023-0000
Municipal Resolution Number: Village of Posen, Resolution No. 2023-09
Number of month property vacant/abandoned: 90 days 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 8 that provides an applicant a reduction in the assess | | |
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23-3872
| 1 | | ORDINANCE EXCLUDING SOLAR ENERGY SYSTEMS FROM ASSESSOR’S MARKET VALUATION OF STRUCTURE AND IMPROVEMENTS | Ordinance Amendment | PROPOSED SUBSTITUTE TO FILE 23-3872
ORDINANCE CREATING ASSESSMENT CLASSIFICATION FOR COMMERCIAL COMMUNITY SOLAR ENERGY SYSTEM INSTALLATIONS
BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 74, Article II, is hereby amended to add the following sections:
Sec. 74.63. Assessment Classes
Real estate is divided into the following assessment classes:
. . .
(18). Class E. Improved real estate used primarily for industrial or commercial purposes, consisting of constructed buildings or other structures with a solar energy system installed in or on one or more building(s) or other structure(s) on the parcel after January 1, 2022. The portion of improved property eligible for the Class E incentive shall be the proportion of square footage of the improved surface area that contains an installed solar energy system to the total square footage of all improvements on the parcel, up to a maximum of 50% of the total area of improvements on the parcel.
To qualify for the Class E classification, the applicant must:
1. File an eligibility application with the Asses | | |
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23-3872
| 2 | | ORDINANCE EXCLUDING SOLAR ENERGY SYSTEMS FROM ASSESSOR’S MARKET VALUATION OF STRUCTURE AND IMPROVEMENTS | Ordinance Amendment | PROPOSED SUBSTITUTE TO FILE 23-3872
ORDINANCE CREATING ASSESSMENT CLASSIFICATION FOR COMMERCIAL COMMUNITY SOLAR ENERGY SYSTEM INSTALLATIONS
BE IT ORDAINED, by the Cook County Board of Commissioners that Chapter 74, Article II, is hereby amended to add the following sections:
Sec. 74.63. Assessment Classes
Real estate is divided into the following assessment classes:
. . .
(18). Class E. Improved real estate used primarily for industrial or commercial purposes, consisting of constructed buildings or other structures with a solar energy system installed in or on one or more building(s) or other structure(s) on the parcel after January 1, 2022. The portion of improved property eligible for the Class E incentive shall be the proportion of square footage of the improved surface area that contains an installed solar energy system to the total square footage of all improvements on the parcel, up to a maximum of 50% of the total area of improvements on the parcel.
To qualify for the Class E classification, the applicant must:
1. File an eligibility application with the Asses | | |
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