Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 11/16/2016 9:30 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: PROPOSED SUBSTITUTE TO FILE ID #16-4643.pdf
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
16-6350 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 10/26/2016approvePass Action details Video Video
16-5906 1 PW GOLF SUPPLY LLC 6BResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION PW GOLF SUPPLY 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: PW Golf Supply LLC Address: 300 Bond Street, Elk Grove Village, IL 60007 Municipality or Unincorporated Township: Elk Grove Village Cook County District: 15 Permanent Index Number: 2 PINs: 08-22-102-071-0000; 08-22-102-187-0000 Municipal Resolution Number: 40-15 Number of month property vacant/abandoned: 13 months at time of application to Assessor Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 5 full-time, 2 part-time Estimated Number of jobs retained at this location: 21 full-time, 1 part-time Estimated Number of employees in Cook County: 21 full-time, 1 part-time Estimated Number of construction jobs: 35 Proposed use of property: Industrial-manufacture and distribution of golf equipment and supplies Living recommend for approvalPass Action details Video Video
16-5928 1 CENTRAL AVENUE CORPORATIONResolutionPROPOSED RESOLUTION CENTRAL AVENUE CORPORATION CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER) WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 6b Sustainable Emergency Relief (SER) application containing the following information: Applicant: Central Avenue Corporation Address: 5000 South Central Avenue, Chicago, Illinois Length of time at current location: Over 30 years Length of time property under same ownership: Over 30 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): Municipality or Unincorporated Township: Unincorporated Cook Stickney Township Cook County District: 16 Permanent Index Number(s): 19-08-203-017-0000;19-08-203-027-0000;19-08-203-038-0000 and 19-08-203-044-0000 Municipal Resolution Number: Located in Unincorporated Cook Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Three (3) blighted factors Dilapidation; Deterioratiorecommend for approvalPass Action details Video Video
16-5930 1 Munich Properties, LLC or Its AssigneeResolutionPROPOSED RESOLUTION MUNICH PROPERTIES, LLC OR ITS ASSIGNEE 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: Munich Properties, LLC or Its Assignee Address: 16600 Dixie Highway, Markham, Illinois Municipality or Unincorporated Township: City of Markham Cook County District: 5th Permanent Index Number: 29-19-309-011-0000 and 29-19-309-012-0000 Municipal Resolution Number: City of Markham Resolution Number16-02-2143 Number of month property vacant/abandoned: Six (6) months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 34 full-time jobs Estimated Number of jobs retained at this location: 40 full-time, two (2) part-time Estimated Number of employees in Cook County: not applicable Estimated Number of construction jobs: Five (5) construction jobs Proposed use of property: What will this property berecommend for approvalPass Action details Video Video
16-4643 1 Tax Incentive Ordinance AmendmentOrdinance AmendmentPROPOSED 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 transacsuspend the rulesPass Action details Not available
16-4643 1 Tax Incentive Ordinance AmendmentOrdinance AmendmentPROPOSED 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 transacaccept as substitutedPass Action details Not available
16-4643 1 Tax Incentive Ordinance AmendmentOrdinance AmendmentPROPOSED 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 transacaccept as substitutedPass Action details Not available
16-4643 1 Tax Incentive Ordinance AmendmentOrdinance AmendmentPROPOSED 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 transacrecommend for approval as substitutedPass Action details Not available