Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 1/21/2015 9:30 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:  
Attachments: Errata 1-21-15 Business and Economic Development Committee Agenda.pdf
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
15-0484 1 Remington Northwest LLC 6bResolution (Class 6B) No Purchase for Value TEERMPROPOSED RESOLUTION REMINGTON NORTHWEST 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: Remington Northwest LLC Address: 450 Remington Road Municipality or Unincorporated Township: Schaumburg Cook County District: 15 Permanent Index Number: 07-11-303-021-0000; 07-11-303-022-0000 Municipal Resolution Number: R-14-069 Number of month property vacant/abandoned: 12 Special circumstances justification requested: Yes TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION (Vacant for more than 12 months but less than 24 months - No Purchase for Value) Justification: Yes Estimated Number of jobs created by this project: 20 full-time, 0 part-time Estimated Number of jobs retained at this location: 75 full-time, 6 part-time Estimated Number of employees in Cook County: 75 full-time, 6 part-time Estimated Number of construction jobs: 15-18 Proposed use of recommend for approvalPass Action details Video Video
15-0486 1 Bloomingdale Enterprises 6bResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION BLOOMINGDALE ENTERPRISES 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: Bloomingdale Enterprises Address: 401 Chaddick Drive Municipality or Unincorporated Township: Wheeling Cook County District: 14 Permanent Index Number: 03-11-409-009-0000; 03-11-409-010-0000; 03-11-409-011-0000; 03-11-409-012-0000 Municipal Resolution Number: 14-114 Number of month property vacant/abandoned: 13 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 15 full-time, 0 part-time Estimated Number of jobs retained at this location: 10 full-time, 0 part-time Estimated Number of employees in Cook County: 10 full-time, 0 part-time Estimated Number of construction jobs: TBD full-time, TBD part-time Proposed use of property: Manufacturing of polyvinyl chloride films and sheeting Living Wage Ordinance Corecommend for approvalPass Action details Video Video
15-0521 1 Yaser Mohammed Class 8Resolution (Class 8) No Purchase for ValuePROPOSED RESOLUTION YASER MOHAMMED 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: Yaser Mohammed Address: 2017 Western Avenue Municipality or Unincorporated Township: Chicago Heights Cook County District: 5 Permanent Index Number: 32-30-102-026-0000 Municipal Resolution Number: 2014-46 Number of month property vacant/abandoned: 49 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: TBD full-time, TBD part-time Estimated Number of jobs retained at this location: 0 full-time, 0 part-time Estimated Number of employees in Cook County: 0 full-time, 0 part-time Estimated Number of construction jobs: TBD full-time, TBD part-time Proposed use of property: Commercial retail-office space Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adowithdrawPass Action details Not available
15-0522 1 Cabot Acquisitions LLC 6b SERResolutionPROPOSED RESOLUTION CABOT ACQUISITIONS, LLC CLASS 6B 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: Cabot Acquisitions, LLC Address: 6220 West 73rd Street Municipality or Unincorporated Township: Bedford Park Cook County District: 11 Permanent Index Number: 19-29-100-074-0000 Municipal Resolution Number: 13-013 Number of years property occupied by same industrial user: 14 Special circumstances justification requested: Yes Evidence of economic hardship: Obsolescence, Deterioration, Excessive Vacancy, Inadequate Utilities, Decline in Equalized Assessed Value in at least three of last five years Estimated # of jobs created by this project: N/A Estimated # of jobs retained at this location: 44 full-time, 22 part-time Estimated # of employees in Cook County: 44 full-time, 22 part-time Estimated # of construction jobs: N/A Proposed use of property: Industrial recommend for approvalPass Action details Video Video
15-0583 1 The Bazaar, Inc. or Its AssigneeResolutionPROPOSED RESOLUTION THE BAZAAR, INC. 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: The Bazaar, Inc. or Its Assignee Address: 2074 North George Street, Melrose Park, Illinois 60160 Municipality or Unincorporated Township: Village of Melrose Park Cook County District: 16 Permanent Index Number: 12-34-401-017-0000 Municipal Resolution Number: 53-14 Number of month property vacant/abandoned: 12 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: Two (3)- six(6) full-time, three (3)- six (6) part-time Estimated Number of jobs retained at this location: Six (6) full-time Estimated Number of employees in Cook County: Six (6) full-time Estimated Number of construction jobs: five (5) Proposed use of property: The property will be used for warehousing and distribution Living Wage Ordinance Complrecommend for approvalPass Action details Video Video
15-0592 1 Realty Associates Fund VIII, L.P.ResolutionPROPOSED RESOLUTION REALTY ASSOCIATES FUND VIII, L.P. 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: Realty Associates Fund VIII, L.P. Address: 3501 Mt. Prospect Road, Franklin Park, Illinois Municipality or Unincorporated Township: Franklin Park Cook County District: 17 Permanent Index Number: 12-19-300-007-0000 Municipal Resolution Number: 1415-R-17 Number of month property vacant/abandoned: 55 months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 130-203 full-time Estimated Number of jobs retained at this location: None Estimated Number of employees in Cook County: 254 full-time Estimated Number of construction jobs: To be determined Proposed use of property: Industrial use, warehousing and logistics Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook Counrecommend for approvalPass Action details Video Video