Board of Commissioners of Cook County - Meeting of Business and Economic Development Committee on 9/14/2016 at 9:30 AM

File #	Ver.	Name	Type	Title	Motion	Result	Action Details	Video
16-5228	1		Committee Minutes	COMMITTEE MINUTES Approval of the minutes from the meeting of 8/3/2016	approve	Pass	Action details	Video
16-4477	1	3418 N KNOX LLC 6B PROPERTY TAX INCENTIVE REQUEST	Resolution (Class 6B) Purchase for Value	PROPOSED RESOLUTION 3418 N KNOX 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: 3418 N Knox LLC Address: 6460 West Cortland Street, Chicago, Illinois 60707 Municipality or Unincorporated Township: Chicago Cook County District: 1 Permanent Index Number: 13-31-205-042-0000; 13-31-425-004-0000 Municipal Resolution Number: City of Chicago Resolution passed June 22, 2016 Number of month property vacant/abandoned: 10 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 10 full-time, 10 part-time Estimated Number of jobs retained at this location: 0 full-time, 0 part-time Estimated Number of employees in Cook County: 21 full-time, 0 part-time Estimated Number of construction jobs: 8 Proposed use of property: Industrial-Manufacturing and distribution Living Wage Ordinance Compliance Affidavit Provided: Ye	recommend for approval	Pass	Action details	Video
16-4490	1	MCCOOK 2012 LLC 6B PROPERTY TAX INCENTIVE REQUEST	Resolution (Class 6B) No Purchase for Value TEERM	PROPOSED RESOLUTION MCCOOK 2012 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: McCook 2012 LLC Address: 8646 Joliet Road, McCook, Illinois 60525 Municipality or Unincorporated Township: McCook Cook County District: 16 Permanent Index Number: 18-11-300-013-0000 Municipal Resolution Number: 16-12 Number of month property vacant/abandoned: 39 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 0 full-time, 0 part-time Estimated Number of jobs retained at this location: 97 full-time, 2 part-time Estimated Number of employees in Cook County: 97 full-time, 2 part-time Estimated Number of construction jobs: 12 Proposed use of property: Industrial- manufacturing, distribution and logistics Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has	recommend for approval	Pass	Action details	Video
16-4535	1	10 NORTH BEACH AVENUE, LLC 6B PROPERTY TAX INCENTIVE REQUEST	Resolution (Class 6B) Purchase for Value	PROPOSED RESOLUTION 10 NORTH BEACH AVENUE, 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: 10 North Beach, LLC Address: 10 North Beach, LaGrange, Illinois Municipality or Unincorporated Township: Village of LaGrange Cook County District: 17 Permanent Index Number: 18-04-204-012-0000 Municipal Resolution Number: Village of LaGrange Resolution Number R-16-04 Number of month property vacant/abandoned: Number of months vacant five (5) months Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 35 full-time, 7part-time Estimated Number of jobs retained at this location: 75 full-time Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs: 30 construction jobs Proposed use of property: Industrial Electrical Contracting and engineering services Living Wage Ordinance	recommend for approval	Pass	Action details	Video
16-4550	1	U-STORE-IT 7B PROPERTY TAX INCENTIVE REQUEST	Resolution	PROPOSED RESOLUTION U-STORE-IT 7B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7b application containing the following information: Applicant: U-Store-It Address: 4501 West North Avenue, Melrose Park, Illinois Municipality or Unincorporated Township: Village of Melrose Park Cook County District: 16 Permanent Index Number: 12-32-403-025-0000 Municipal Resolution Number: Village of Melrose Park Resolution Number #12-16 Number of month property vacant/abandoned: Three (3) months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: Five (1) full-time, One (1) part-time Estimated Number of jobs retained at this location: None Estimated Number of employees in Cook County: Not available Estimated Number of construction jobs: 21-35 construction jobs Proposed use of property: Commercial use self-storage facility Living Wage Ordinance Compliance Affidavit Provided: Yes	recommend for approval	Pass	Action details	Video
16-4552	1	MICHIGAN CERMAK INDIANA LLC 7B PROPERTY TAX INCENTIVE REQUEST	Resolution	PROPOSED RESOLUTION MICHIGAN CERMAK INDIANA LLC 7B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7b application containing the following information: Applicant: Michigan Cermak Indiana LLC Address: 2215 South Michigan Avenue, Chicago, Illinois, 60616 Municipality or Unincorporated Township: Chicago Cook County District: 2 Permanent Index Number: 17-27-102-002-0000 Municipal Resolution Number: City of Chicago, Ordinance 2016-3936 passed June 22, 2016 Number of months property vacant/abandoned: Over 24 months at time of application to CCBED Special circumstances justification requested: Yes, per the Assessor’s office Estimated Number of jobs created by this project: 350 FTE 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: 790 Proposed use of property: Commercial-hotel, restaurant/retail	recommend for approval	Pass	Action details	Video
16-4643	1	Tax Incentive Ordinance Amendment	Ordinance Amendment	PROPOSED SUBSTITUTE TO FILE ID #16-4643 PROPOSED ORDINANCE AMENDMENT TAX INCENTIVE ORDINANCE AMENDMENT 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, Sec. 74-62 of the Cook County Code is hereby amended as follows: Sec. 74-62. - System established; terms defined. (a) Established. The County hereby establishes the system of classifying real estate for the purposes of assessment for taxation set forth in this division. (b) Definitions. The following words, terms and phrases, when used in this division, shall have the meanings ascribed to them in this Section, except where the context clearly indicates a different meaning: Abandoned property means, except as otherwise specified in Section 74-63, buildings and other structures that, after having been vacant and unused for at least 24 continuous months, have been purchased for value by a purchaser in whom the seller has no direct financial interest. Purchase of value shall include all transac	recommend for deferral		Action details	Not available