Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 5/14/2024 11:15 AM Minutes status: Final  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on 5/8/2024
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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24-3106 1 BED minutes from the meeting of 4/16/2024Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 4/16/2024approvePass Action details Not available
24-2162 1 Stern Pinball IncResolutionPROPOSED RESOLUTION Stern Pinball Inc. Class 6b CEERM PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b CEERM application containing the following information: Applicant: Stern Pinball Inc. Address: 1001 Busse Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Village of Elk Grove Cook County District: 15th District Permanent Index Number: 08-26-303-014-0000 Municipal Resolution Number: Village of Elk Grove, Resolution No. 55-22 Number of month property vacant/abandoned: Five (5) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial, manufacturing, 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 Critical Emergency Employee Retention Modification (CEERM) that provides an applicant a reduction in the assessment level forrecommend for approvalPass Action details Not available
24-2163 1 Windy City Asset managementResolutionPROPOSED RESOLUTION Windy City Asset management 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: Windy City Asset Management Inc. Address: 14500 S. Alice Avenue, Burnham, Illinois Municipality or Unincorporated Township: Village of Burnham Cook County District: 4th District Permanent Index Number: 30-06-400-037-0000 Municipal Resolution Number: Village of Burnham, Resolution No. 2021-R-007 Number of month property vacant/abandoned: Four (4) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial - production and 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 Countrecommend for approvalPass Action details Not available
24-2170 1 WP 5, LLCResolutionPROPOSED RESOLUTION WP 5, 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: WP 5, LLC Address: 5201 W. 167th Street, Oak Forest, Illinois Municipality or Unincorporated Township: Village of Oak Forest Cook County District: 6th District Permanent Index Number: 28-28-103-031-0000 Municipal Resolution Number: Village of Oak Forest, Resolution No. 2021-06-0405 Number of month property vacant/abandoned: 12 months vacant Special circumstances justification requested: Yes Proposed use of property: Commercial - Restaurant 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 Assessment defines abandoned prrecommend for approvalPass Action details Not available
24-2194 1 AJ Inter Estate LLCResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION AJ Inter Estate 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: AJ Inter Estate LLC Address: 3241 East End Avenue, South Chicago Heights, Illinois Municipality or Unincorporated Township: Village of South Chicago Heights Cook County District: 6th District Permanent Index Number: 32-33-101-024-0000 and 32-33-101-025-0000 Municipal Resolution Number: Village of South Chicago Heights, Resolution No. 2022-R-5 Number of month property vacant/abandoned: Six (6) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - Commercial Truck Repair 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 facilirecommend for approvalPass Action details Not available
24-2195 1 KeyState Holdings, LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION KeyState Holdings, 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: KeyState Holdings, LLC Address: 5859 W. 117th Place, Alsip, Illinois Municipality or Unincorporated Township: Village of Alsip Cook County District: 6th District Permanent Index Number: 24-20-404-003-0000 and 24-20-404-004-0000 Municipal Resolution Number: Village of Alsip, Ordinance No. 2022-02-1 Number of month property vacant/abandoned: Nine (9) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing and 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 Clrecommend for approvalPass Action details Not available
24-2794 1 Report on Cook County Committee on Social InnovationReportREPORT Department: Cook County Committee on Social Innovation Report Title: Cook County Committee on Social Innovation Report Period: February 2023- December 2023 Summary: The final report or the Cook County Committee on Social Innovationrecommend for receiving and filingPass Action details Not available