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17-1584
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 1/18/2017 | approve | Pass |
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17-1037
| 1 | | DNJ Properties, LLC 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
DNJ 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: DNJ Properties, LLC
Address: 7720 W. 60th Place, Summit, Illinois
Municipality or Unincorporated Township: Village of Summit
Cook County District: 16
Permanent Index Number: 18-13-303-036-0000 and 18-13-303-040-0000
Municipal Resolution Number: Resolution Number16-O-19
Number of month property vacant/abandoned: 16 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: Four (4) full-time jobs created
Estimated Number of jobs retained at this location: 11full-time jobs retained
Estimated Number of employees in Cook County: same as retained
Estimated Number of construction jobs: Three (3) -four (4) construction jobs
Proposed use of property: Warehousing and distribution
Living Wage Ordinance Compliance Af | recommend for approval | Pass |
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17-1038
| 1 | | Corbit 1590 Touhy Ave. LLC 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
CORBIT 1590 TOUHY AVE. 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: Corbit 1590 Touhy Ave. LLC
Address: 1590 Touhy Avenue, Elk Grove Village, Illinois
Municipality or Unincorporated Township: Elk Grove
Cook County District: 15
Permanent Index Number: 08-27-402-015-0000
Municipal Resolution Number: Resolution Number 42-15
Number of month property vacant/abandoned: Three (3) months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: 10-30 within the next 3 years
Estimated Number of jobs retained at this location: 30 full-time jobs retained
Estimated Number of employees in Cook County: See jobs retained
Estimated Number of construction jobs: 20 - 30 construction jobs
Proposed use of property: Fabrication, warehousing and distribution
Living Wage Ordinance Compliance A | recommend for approval | Pass |
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17-1039
| 1 | | Steven Michael Properties, LLC 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
STEVEN MICHAEL 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: Steven Michael Properties, LLC
Address: 1251-53 Pagni Dr., Elk Grove Village, Illinois
Municipality or Unincorporated Township: Elk Grove
Cook County District: 15
Permanent Index Number: 08-22-400-034-0000
Municipal Resolution Number: Resolution Number 6-16
Number of month property vacant/abandoned: 10 months vacant
Special circumstances justification requested: Yes
Estimated Number of jobs created by this project: Three (3) - 18 jobs within the first three (3) years
Estimated Number of jobs retained at this location: Four (4) full-time and six (6) part-time jobs
Estimated Number of employees in Cook County: same as above
Estimated Number of construction jobs: 10-15 construction jobs
Proposed use of property: Light assembly, warehouse and distribution
| recommend for approval | Pass |
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17-1125
| 1 | | RESOLUTION OF THE COOK COUNTY COMMISSION ON SOCIAL INNOVATION CALLING ON A FEASIBILITY STUDY OF CROSS-RAIL CHICAGO | Resolution | PROPOSED RESOLUTION
RESOLUTION OF THE COOK COUNTY COMMISSION ON SOCIAL INNOVATION CALLING ON A FEASIBILITY STUDY OF CROSS-RAIL CHICAGO
WHEREAS, the Cook County Commission on Social Innovation was established via ordinance, April of 2016, and codified as Chapter 14, Article IX Sections 14-89 to 14-97 to develop policy recommendations for the Cook County Board of Commissioners on matters related to economic development that address divestment and or disinvestment in areas within the Cook County region; and
WHEREAS, the Commission has found through the Cook County Long Range Transportation Plan that improved and expanded passenger train service is essential to maintain Cook County’s economic vitality and allow for increased growth and prosperity; and
WHEREAS, finding major transportation projects that can unite the county’s economy, by linking business centers to housing centers, convention centers and tourism destinations in order to connect disconnected populations should take precedence; and
WHEREAS, Cook County has ceased the diversion of Motor Fuel Tax funds; and
| 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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