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Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 11/17/2015 11:45 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 - Business and Economic Development 11-17-15.pdf, Amendment to Item 15-6257 in Business and Economic Development 11.17.2015.pdf
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
15-6522 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 10/28/2015approvePass Action details Video Video
15-5993 1 360 PROPERTY LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION 360 PROPERTY 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: 360 Property LLC Address: 360 Bennett Road, Elk Grove Village, Illinois, 60007 Municipality or Unincorporated Township: Elk Grove Village Cook County District: 15 Permanent Index Number: 08-21-202-016-0000 Municipal Resolution Number: 44-14 Number of month property vacant/abandoned: 6 months Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 3 full-time, 0 part-time Estimated Number of jobs retained at this location: 12 full-time, 0 part-time Estimated Number of employees in Cook County: 12 full-time, 0 part-time Estimated Number of construction jobs: 3 Proposed use of property: Industrial-light assembly, warehousing and distribution Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook recommend for approvalPass Action details Not available
15-6009 1 KLT PARTNERS LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION KLT PARTNERS 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: KLT Partners LLC Address: 900 Lee Street, Elk Grove Village, Illinois, 60007 Municipality or Unincorporated Township: Elk Grove Village Cook County District: 15 Permanent Index Number: 08-22-102-145-0000; 08-22-102-146-0000 Municipal Resolution Number: 15-14 Number of month property vacant/abandoned: 22 months Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 10 full-time, 1 part-time Estimated Number of jobs retained at this location: 40 full-time, 25 part-time Estimated Number of employees in Cook County: 40 full-time, 25 part-time Estimated Number of construction jobs: 30 Proposed use of property: Industrial-warehousing and preconstruction of cell towers Living Wage Ordinance Compliance Affidavit Provided: Yerecommend for approvalPass Action details Video Video
15-6035 1 THULE INC. 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION THULE 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: Thule Inc. Address: 7609 Industrial Drive, Forest Park, Illinois, 6010 Municipality or Unincorporated Township: Forest Park Cook County District: 1 Permanent Index Number: 15-24-301-021-0000 Municipal Resolution Number: R-72-15 Number of month property vacant/abandoned: 5 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 10 full-time, 0 part-time Estimated Number of jobs retained at this location: 81 full-time, 0 part-time Estimated Number of employees in Cook County: 81 full-time, 0 part-time Estimated Number of construction jobs: 10 Proposed use of property: Industrial-thermoforming, assembling and warehousing Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissionerecommend for approvalPass Action details Video Video
15-6039 1 ELIZABETH STREET PARTNERS LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION ELIZABETH STREET PARTNERS 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: Elizabeth Street Partners LLC Address: 340 North Oakley Boulevard, Chicago, Illinois, 60612 Municipality or Unincorporated Township: Chicago Cook County District: 1 Permanent Index Number: 17-07-301-050-0000; 17-07-301-051-0000 Municipal Resolution Number: City of Chicago, Adopted September 24, 2015 Number of month property vacant/abandoned: 22 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 35 full-time, 0 part-time Estimated Number of jobs retained at this location: 0 full-time, 0 part-time Estimated Number of employees in Cook County: 35 full-time, 0 part-time Estimated Number of construction jobs: 0 Proposed use of property: Industrial-meat processing and distribution Living Wage Ordinance Comprecommend for approvalPass Action details Video Video
15-6257 1 AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEMOrdinance AmendmentA PROPOSED AMENDMENT TO ITEM 15-6257, A PROPOSED ORDINANCE AMENDMENT TO THE PROPERTY TAX CLASSIFICATION SYTEM FOR ASSESSMENT AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEM BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 Taxation, Article II Real Property Taxation, Division 2 Classification System for Assessment, Section 74-63(7) and Section 74-68 of the Cook County Code is hereby amended as Follows: Sec. 74-63. - Assessment classes. Real estate is divided into the following assessment classes: (1) Class 1. Unimproved real estate. (2) Class 2. Real estate: a.Used as a farm; b. Used for residential purposes when improved with a house, an apartment building of not more than six living units, or residential condominium, a residential cooperative or a government subsidized housing project, if required by statute to be assessed in the lowest assessment category; c. Improved with a building put to commercial and residential use, of six or less units where the building measures less than 20,000 square feet of above gradesuspend the rulesPass Action details Not available
15-6257 1 AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEMOrdinance AmendmentA PROPOSED AMENDMENT TO ITEM 15-6257, A PROPOSED ORDINANCE AMENDMENT TO THE PROPERTY TAX CLASSIFICATION SYTEM FOR ASSESSMENT AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEM BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 Taxation, Article II Real Property Taxation, Division 2 Classification System for Assessment, Section 74-63(7) and Section 74-68 of the Cook County Code is hereby amended as Follows: Sec. 74-63. - Assessment classes. Real estate is divided into the following assessment classes: (1) Class 1. Unimproved real estate. (2) Class 2. Real estate: a.Used as a farm; b. Used for residential purposes when improved with a house, an apartment building of not more than six living units, or residential condominium, a residential cooperative or a government subsidized housing project, if required by statute to be assessed in the lowest assessment category; c. Improved with a building put to commercial and residential use, of six or less units where the building measures less than 20,000 square feet of above gradeaccept  Action details Not available
15-6257 1 AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEMOrdinance AmendmentA PROPOSED AMENDMENT TO ITEM 15-6257, A PROPOSED ORDINANCE AMENDMENT TO THE PROPERTY TAX CLASSIFICATION SYTEM FOR ASSESSMENT AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEM BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 Taxation, Article II Real Property Taxation, Division 2 Classification System for Assessment, Section 74-63(7) and Section 74-68 of the Cook County Code is hereby amended as Follows: Sec. 74-63. - Assessment classes. Real estate is divided into the following assessment classes: (1) Class 1. Unimproved real estate. (2) Class 2. Real estate: a.Used as a farm; b. Used for residential purposes when improved with a house, an apartment building of not more than six living units, or residential condominium, a residential cooperative or a government subsidized housing project, if required by statute to be assessed in the lowest assessment category; c. Improved with a building put to commercial and residential use, of six or less units where the building measures less than 20,000 square feet of above graderecommend for approval as amended  Action details Not available
15-6257 1 AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEMOrdinance AmendmentA PROPOSED AMENDMENT TO ITEM 15-6257, A PROPOSED ORDINANCE AMENDMENT TO THE PROPERTY TAX CLASSIFICATION SYTEM FOR ASSESSMENT AN AMENDMENT EXTENDING THE COOK COUNTY PROPERTY TAX CLASSIFICATION SYSTEM BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 Taxation, Article II Real Property Taxation, Division 2 Classification System for Assessment, Section 74-63(7) and Section 74-68 of the Cook County Code is hereby amended as Follows: Sec. 74-63. - Assessment classes. Real estate is divided into the following assessment classes: (1) Class 1. Unimproved real estate. (2) Class 2. Real estate: a.Used as a farm; b. Used for residential purposes when improved with a house, an apartment building of not more than six living units, or residential condominium, a residential cooperative or a government subsidized housing project, if required by statute to be assessed in the lowest assessment category; c. Improved with a building put to commercial and residential use, of six or less units where the building measures less than 20,000 square feet of above graderecommend for approval as amended  Action details Not available