Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 12/14/2016 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:
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
17-0635 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 11/16/2016approvePass Action details Video Video
16-6253 1 JSL BUILDING RESTORATION GROUP, INC. OR ITS NOMINEE 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION JSL BUILDING RESTORATION GROUP, INC. OR ITS NOMINEE 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: JSL Building Restoration Group, Inc. or its nominee Address: 10208-10212 Franklin Avenue, Franklin Park, IL 60131 Municipality or Unincorporated Township: Franklin Park Cook County District: 16 Permanent Index Number: (5) PINs: 12-21-302-126-0000; 12-21-302-127-0000; 12-21-302-128-0000; 12-21-302-129-0000; 12-21-302-146-0000 Municipal Resolution Number: 1617-R-02 Number of month property vacant/abandoned: 22 months at time of application to BED Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 5 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: 4 full-time, 0 part-time Estimated Number of constrrecommend for approvalPass Action details Video Video
16-6266 1 ENDLESS RIVER LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION ENDLESS RIVER 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: Endless River LLC Address: 9800 South Industrial Drive, Bridgeview, Illinois, 60455 Municipality or Unincorporated Township: Bridgeview Cook County District: 6 Permanent Index Number: (1) PIN: 23-12-211-013-0000 Municipal Resolution Number: 16-25 Number of month property vacant/abandoned: 11 months at the time of application to BED Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 8 full-time, 0 part-time Estimated Number of jobs retained at this location: 3 full-time, 0 part-time Estimated Number of employees in Cook County: 3 full-time, 0 part-time Estimated Number of construction jobs: 4 Proposed use of property: Industrial-warehousing and distribution Living Wage Ordinance Compliance Affidavit Provided: Yes recommend for approvalPass Action details Video Video
16-6268 1 INTERCONTINENTAL REALTY LLC OR ITS ASSIGNEE 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION INTERCONTINENTAL REALTY LLC OR ITS ASSIGNEE 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: Intercontinental Realty LLC or its Assignee Address: 7373 South Lockwood Avenue, Bedford Park, Illinois 60638 Municipality or Unincorporated Township: Bedford Park Cook County District: 11 Permanent Index Number: (1) PIN: 19-28-102-018-0000 Municipal Resolution Number: 16-009 Number of month property vacant/abandoned: 8 months at the time of application to BED Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 45 full-time, 13 part-time Estimated Number of jobs retained at this location: 3 full-time, 2 part-time Estimated Number of employees in Cook County: 3 full-time, 2 part-time Estimated Number of construction jobs: 30 Proposed use of property: Industrial-warehousing and distribution Lirecommend for approvalPass Action details Video Video
16-6281 1 PAR MANAGEMENT LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) No Purchase for ValuePROPOSED RESOLUTION PAR MANAGEMENT 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: PAR Management LLC Address: 2150-2154 Madison Street, Bellwood, Illinois Municipality or Unincorporated Township: Village of Bellwood Cook County District: 1 Permanent Index Number: 15-15-100-002-0000; 15-15-100-002-0000; 15-15-100-003-0000; 15-15-100-004-0000;15-15-100-0018-0000; 15-10-332-003-0000 and 15-10-332-004-0000 Municipal Resolution Number: Resolution Number 16-44 Number of month property vacant/abandoned: Number of months vacant 24 Special circumstances justification requested: Yes Estimated Number of jobs created by this project: Six (6) full-time jobs Estimated Number of jobs retained at this location: Six (6) full-time jobs, two (2) part-time jobs Estimated Number of employees in Cook County: Same as retained Estimated Number of construction jobs: 10-15 construrecommend for approvalPass Action details Video Video
16-6282 1 SBCO PROPERTIES, LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION SBCO PROPERTIES, 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: SBCO Properties, LLC Address: 1825 Greenleaf Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Elk Grove Village Cook County District: 15 Permanent Index Number: 08-35-104-052-0000 and 08-35-104-059-0000 Municipal Resolution Number: Resolution Number 27-15 Number of month property vacant/abandoned: Number of months vacant four (4) Special circumstances justification requested: Yes Estimated Number of jobs created by this project: five (5) -10 full-time jobs Estimated Number of jobs retained at this location: 59 full-time jobs, three (3) part-time jobs Estimated Number of employees in Cook County: same as retained Estimated Number of construction jobs: 12-15 construction jobs Proposed use of property: Industrial, manufacturing of machinery used precommend for approvalPass Action details Video Video
16-6283 1 TRAYLEK WAREHOUSE INC. CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)Resolution (Class 6B) SERPROPOSED RESOLUTION TRAYLEK WAREHOUSE INC. 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: Traylek Warehouse Inc. Address: 6501 West 65th Street, Bedford Park, Illinois Length of time at current location: 38 Years Length of time property under same ownership: 38 Years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 38 Years Municipality or Unincorporated Township: Bedford Park Cook County District: 11 Permanent Index Number(s): 19-19-217-003-0000; 19-19-217-005-0000; 19-19-217-006-0000; 19-19-217-007-0000; 19-19-217-043-0000; 19-19-217-059-0000 and 19-19-216-017-0000 Municipal Resolution Number: Village of Bedford Park Resolution No. 15-009 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Four recommend for approvalPass Action details Video Video
16-6284 1 GEORGE DEVRIES CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) No Purchase for Value TEERMPROPOSED RESOLUTION GEORGE DEVRIES 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: George DeVries Address: 1407 Huntington Avenue, Calumet City, Illinois Municipality or Unincorporated Township: Calumet City Cook County District: 4 Permanent Index Number: 29-24-400-110-0000 Municipal Resolution Number: Calumet City Resolution Number 14-20 Number of month property vacant/abandoned: Number of months vacant 13 Special circumstances justification requested: Yes TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION (Vacant for more than 12 months but less than 24 months - No Purchase for Value) Justification: Yes Estimated Number of jobs created by this project: one (1) - two (2) full-time jobs Estimated Number of jobs retained at this location: Seven (7) full-time jobs Estimated Number of employees in Cook County: same as above Estimated Number of corecommend for approvalPass Action details Video Video
16-6294 1 FLEET PARK, LLC CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION FLEET PARK, LLC 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: Fleet Park LLC Address: 925 W. 175th Street, Homewood, Illinois Municipality or Unincorporated Township: Village of Homewood Cook County District: 6 Permanent Index Number: 29-32-200-032-0000 Municipal Resolution Number: Village of Homewood Resolution Number R-2184 Number of month property vacant/abandoned: Number of months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: Four (4) - six (6) full-time jobs Estimated Number of jobs retained at this location: 30 full-time jobs Estimated Number of employees in Cook County: Same as retained jobs Estimated Number of construction jobs: Five (5) - 15 construction jobs Proposed use of property: Commercial; Office Space Living Wage Ordinance Compliance Affidavit Prorecommend for approvalPass Action details Video Video