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Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 5/13/2025 9:30 AM Minutes status: Final  
Meeting location: Cook County Building, Board Room, 118 North Clark Street, Chicago, Illinois
Issued on: 5/7/2025
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments: https://www.surveymonkey.com/r/VC3FY3F, Click to Watch Live
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
25-2762 1 BED minutes from the meeting of 4/8/2025Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 4/8/2025approvePass Action details Not available
25-2050 1 IV 5 Logistics Acquisitions LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION IV 5 Logistics Acquisitions 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: IV 5 Logistics Acquisitions LLC Address: 1175 Wheeling Road, Wheeling, Illinois Municipality or Unincorporated Township: Village of Wheeling Cook County District: 14th District Permanent Index Number: 03-14-102-015-0000 Municipal Resolution Number: Village of Wheeling, Resolution Number 23-087 Number of month property vacant/abandoned: Five (5) 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 WHEREArecommend for approvalPass Action details Not available
25-2052 1 VK 1111 30th, LLCResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION VK 1111 30th, 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: VK 1111 30th, LLC Address: 1111 N 30th Avenue, Melrose Park, Illinois Municipality or Unincorporated Township: Village of Melrose Park Cook County District: 16th District Permanent Index Number: 15-04-404-084-0000 Municipal Resolution Number: Village of Melrose Park Resolution No. 79-23 Number of month property vacant/abandoned: Three (3) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing and distribution 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 Corecommend for approvalPass Action details Not available
25-2053 1 Tiger Auto Parts of Illinois, IncResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION Tiger Auto Parts of Illinois, Inc. 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: Tiger Auto Parts of Illinois, Inc. Address: 6709 W. 73rd Street, Bedford Park, Illinois Municipality or Unincorporated Township: Village of Bedford Park Cook County District: 11th District Permanent Index Number: 19-30-200-048-0000 Municipal Resolution Number: Village of Bedford Park Resolution No. 23-004 Number of month property vacant/abandoned: Five (5) months vacant Special circumstances justification requested: Yes 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 for an abandoned industrial facility; arecommend for approvalPass Action details Not available