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17-1139
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 12/14/2016 | approve | Pass |
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17-0453
| 1 | | ASHLAND DOOR SOLUTIONS LLC 6B | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
ASHLAND DOOR SOLUTIONS 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: Ashland Door Solutions LLC or its Assignee
Address: 185 Martin Lane, Elk Gove Village, Illinois 60007
Municipality or Unincorporated Township: Elk Grove Village
Cook County District: 15
Permanent Index Number: 08-22-301-059-0000
Municipal Resolution Number: 25-15, approved May 12, 2015
Number of month property vacant/abandoned: 2 months at 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: 0 full-time, 0 part-time
Estimated Number of employees in Cook County: 12 full-time, 0 part-time
Estimated Number of construction jobs: 3-6
Proposed use of property: Industrial-Manufacturing, warehousing, d | recommend for approval | Pass |
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17-0469
| 1 | | MICHAEL A. MARTIN AND ROBERT J. TALERICO 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
MICHAEL A. MARTIN AND ROBERT J. TALERICO 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: Michael A. Martin and Robert J. Talerico
Address: 7224 West 60th Street, Summit, Illinois 60501
Municipality or Unincorporated Township: Summit
Cook County District: 16
Permanent Index Number: (3) PINs: 18-13-302-009-0000; 18-13-302-010-0000; 18-13-408-006-0000
Municipal Resolution Number: Ordinance 16-O-16 approved September 1, 2016
Number of month property vacant/abandoned: 9 months at time of application to BED
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: 210 full-time, 0 part-time
Estimated Number of construction jobs: 50
Proposed use of pro | recommend for approval | Pass |
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17-0491
| 1 | | 920 VENTURE LLC OR ITS ASSIGNEE 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
920 VENTURE 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: 920 Venture LLC or its Assignee
Address: 920 West Pershing Road, Chicago, Illinois 60609
Municipality or Unincorporated Township: Chicago
Cook County District: 11
Permanent Index Number: 17-32-421-007-0000
Municipal Resolution Number: City of Chicago Resolution, approved 7/20/2016
Number of month property vacant/abandoned: 14 months at time of application to BED
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 30 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: 106
Estimated Number of construction jobs: 25
Proposed use of property: Industrial-warehousing
Living Wage Ordinance Compliance Affidavit Provide | recommend for approval | Pass |
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17-0517
| 1 | | 15300 SOUTH CICERO AVE. INC. CLASS 8 PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 8) No Purchase for Value | PROPOSED RESOLUTION
15300 SOUTH CICERO AVE. INC. 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: 15300 South Cicero Ave Inc.
Address: 15300 South Cicero Avenue, Oak Forest, Illinois
Municipality or Unincorporated Township: Village of Oak Forest
Cook County District: District 6
Permanent Index Number: 28-16-2085-0000
Municipal Resolution Number: Village of Oak Forest Resolution No. 2016-06-0291R
Number of month property vacant/abandoned: 19 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: Two (2) full-time and two (2) part-time jobs
Estimated Number of jobs retained at this location: None
Estimated Number of employees in Cook County: 30 full-time and 30 part-time jobs
Estimated Number of construction jobs: Four (4) construction jobs
Proposed use of property: Commercial use Showroom roo | recommend for approval | Pass |
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17-0518
| 1 | | HUDSON AVENUE CAPITAL, LLC 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
HUDSON AVENUE CAPITAL, 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: Hudson Avenue Capital, LLC
Address: 3999 N. 25th Avenue, Schiller Park, Illinois
Municipality or Unincorporated Township: Village of Schiller Park
Cook County District: District 9
Permanent Index Number: 12-21-201-007-0000
Municipal Resolution Number: Village of Schiller Park Resolution No. 17-16
Number of month property vacant/abandoned: 14 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 12 full-time jobs
Estimated Number of jobs retained at this location: 28 full-time jobs
Estimated Number of employees in Cook County: Same as retained
Estimated Number of construction jobs: 15-25 construction jobs
Proposed use of property: Manufacturing, Warehousing and Distribution
Living Wage Ordinance Com | recommend for approval | Pass |
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17-0519
| 1 | | HUNTER FOUNDRY MACHINERY CORPORATION CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER) | Resolution (Class 6B) SER | PROPOSED RESOLUTION
HUNTER FOUNDRY MACHINERY 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: Hunter Foundry Machinery Corporation
Address: 2222 Hammond Drive, Schaumburg, Illinois
Length of time at current location: 47 Years
Length of time property under same ownership: 47 Years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 48 Years
Municipality or Unincorporated Township: Village of Schaumburg
Cook County District: District 14
Permanent Index Number(s): 02-34-300-019-0000
Municipal Resolution Number: Village of Schaumburg Resolution No. R-16-075
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Three (3) Dilapidation; Obsolescence and Deterioration
Has justification for the C | recommend for approval | Pass |
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17-0521
| 1 | | LANSING HOLDINGS LLC CLASS 8 PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 8) No Purchase for Value | PROPOSED RESOLUTION
LANSING HOLDINGS 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: Lansing Holdings LLC
Address: 17425 Torrence Avenue, Lansing, Illinois
Municipality or Unincorporated Township: Village of Lansing
Cook County District: District 4
Permanent Index Number: 30-30-305-036-0000
Municipal Resolution Number: Village of Lansing Resolution No. 971
Number of month property vacant/abandoned: Five (5) months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 20 full-time jobs
Estimated Number of jobs retained at this location: None
Estimated Number of employees in Cook County: None
Estimated Number of construction jobs: 25-35 construction jobs
Proposed use of property: Commercial retail
Living Wage Ordinance Compliance Affidavit Provided: Not applicable
WHEREAS, the Cook | recommend for approval | Pass |
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17-0293
| 1 | | TAX INCENTIVE ORDINANCE AMENDMENT | Ordinance Amendment | 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. 74-60 through 74-73 of the Cook County Code is hereby amended as follows:
Sec. 74-60. - Short title.
Sec. 74-61. - Purpose.
Sec. 74-62. - System established; terms defined.
Sec. 74-63. - Assessment classes.
Sec. 74-64. Market value percentages.
Sec. 74-65. - Qualifications for commercial development project status.
Sec. 74-66. Property in two or more classes.
Sec. 74-67. - Assessor's status and progress report.
Sec. 74-68. Classification system to apply with tax assessment year.
Sec. 74-69. - Applicable assessment level.
Sec. 74-70. - Class 8a and 8b designation/assessment class.
Sec. 74-71. - Definition. Laws regulating the payment of wages.
Sec. 74-73 Revocation or cancellation of incentive classification.
Secs. 74-752. - Compliance with Laws.
Sec. 74-743. - Revocation or cancellation of | recommend for deferral | |
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