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24-5779
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 09/18/2024 | approve | Pass |
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24-4682
| 1 | | AMB Partners II Local L.P. | Resolution (Class 6B) No Purchase for Value TEERM | PROPOSED RESOLUTION
AMB Partners II Local 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: AMB Partners II Local L.P.
Address: 800 Devon Avenue, Elk Grove Village, Illinois
Municipality or Unincorporated Township: Elk Grove Village
Cook County District: 17th District
Permanent Index Number: 08-34-302-035-0000
Municipal Resolution Number: Village of Elk Grove Village, Resolution No. 21-23
Number of month property vacant/abandoned: 19 months vacant
Special circumstances justification requested: Yes
Proposed use of property: Industrial use - to create and build high-technology enterprises, commonly referred to as “Data Centers” or “Data Farms”.
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 a | recommend for approval | Pass |
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24-4683
| 1 | | G2 Furniture | Resolution (Class 6B) No Purchase for Value | PROPOSED RESOLUTION
G2 Furniture 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: G2 Furniture
Address: 1201-1209 N. 25th Avenue, Melrose Park, Illinois
Municipality or Unincorporated Township: Village of Melrose Park
Cook County District: 16th District
Permanent Index Number: 15-03-316-010-0000 and 15-03-316-021-0000
Municipal Resolution Number: Village of Melrose Park, Resolution No. 113-23
Number of month property vacant/abandoned: 45 months vacant
Special circumstances justification requested: Yes
Proposed use of property: Industrial use- light 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 that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and
WHEREAS, the | recommend for approval | Pass |
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24-4687
| 1 | | PKS Holding LLC | Resolution (Class 6B) No Purchase for Value | PROPOSED RESOLUTION
PKS Holding 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: PKS Holding LLC
Address: 2301-2311 Touhy Ave., Elk Grove Village, Illinois
Municipality or Unincorporated Township: Village of Elk Grove Village
Cook County District: 15th District
Permanent Index Number: 08-35-200-036-0000
Municipal Resolution Number: Village of Elk Grove Village, Resolution No. 65-20
Number of month property vacant/abandoned: 25 months vacant
Special circumstances justification requested: Yes
Proposed use of property: What will this property be used for?
Living Wage Ordinance Compliance Affidavit Provided: Yes or No
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 | recommend for approval | Pass |
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24-4688
| 1 | | VILLAGE OF SCHAUMBURG | Resolution | PROPOSED RESOLUTION
VILLAGE OF SCHAUMBURG PROPERTY TAX INCENTIVE REVOCATION REQUEST
WHEREAS, the Cook County Bureau of Economic Development received a revocation request from the Village of Schaumburg containing the following information:
Tax Incentive Recipient: Brooklyn Imports, Inc
Address: 851 E. State Parkway, Schaumburg, Illinois
Municipality or Unincorporated Township: Village of Schaumburg
Cook County District: 15
Permanent Index Number: 07-11-400-058-0000
Explanation of Revocation Request: as of January 2024, Brooklyn Imports, Inc. has failed to meet the conditions of the 6B Renewal and Development Agreement, namely being short 14 employees of their committed employment and $74,000 behind on their capital investment.
Proposed use of property: Industrial use - warehousing and distribution
WHEREAS, Section 74-73 of Division 2 of the Cook County Municipal Code, CLASSIFICATION SYSTEM FOR ASSESSMENT, provides that the following Incentive Classifications Class 6b; Class 6b (special circumstances); Class 6b TEERM; Class 6b SER; Class 7a; | recommend for approval | Pass |
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