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18-2445
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 2/7/2018 | approve | Pass |
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17-6085
| 1 | | KTR ILL, LLC D.B.A. PROLOGIS 6B PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 6B) No Purchase for Value TEERM | PROPOSED RESOLUTION
KTR ILL, LLC D.B.A. PROLOGIS 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: KTR ILL, LLC d.b.a. Prologis
Address: 514-532 S. Hicks Road, Palatine, Illinois
Municipality or Unincorporated Township: Village of Palatine
Cook County District: 14
Permanent Index Number: 02-23-313-037-0000
Municipal Resolution Number: Village of Palatine, Resolution No. R-22-17
Number of month property vacant/abandoned: 13 months vacant
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: None
Estimated Number of jobs retained at this location: 30 full-time jobs
Estimated Number of employees in Cook County: Same as above
Estimated Number of construction jobs | recommend for approval | Pass |
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18-1974
| 1 | | THE MARVEL GROUP CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER) | Resolution (Class 6B) SER | PROPOSED RESOLUTION
THE MARVEL GROUP 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: The Marvel Group
Address: 3843 W. 43rd Street; 4417 S. Springfield Avenue, Chicago, Illinois 60632
Length of time at current location: 66 Years
Length of time property under same ownership: 66 years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 72 years
Municipality or Unincorporated Township: City of Chicago
Cook County District: 16
Permanent Index Number(s): 19-02-301-003-0000; 19-02-301-008-0000;19-02-301-009-0000; 19-02-301-011-0000; 19-02-301-012-0000; 19-02-301-014-0000 and 19-02-303-036-0000
Municipal Resolution Number: City of Chicago Resolution approved January 5, 2018
Evidence of Economic Hardship: Yes
Number of blighting factors associated wit | recommend for approval | Pass |
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18-1978
| 1 | | AP Asset Management LLC, Bedford Park, Illinois | Resolution (Class 6B) SER | PROPOSED RESOLUTION
AP ASSET MANAGEMENT LLC 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: AP Asset Management LLC
Address: 5570 W. 70th Place, Bedford Park, Illinois
Length of time at current location: 25 years
Length of time property under same ownership: 25 Years
Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes
Age of the Property (Building): 37 Years
Municipality or Unincorporated Township: Bedford Park
Cook County District: 11
Permanent Index Number(s): 19-21-301-018-0000 and 19-21-301-019-0000
Municipal Resolution Number: Village of Bedford Park, Resolution No. 17-026 approved August 10, 2017
Evidence of Economic Hardship: Yes
Number of blighting factors associated with the property: Deterioration - The building’s roof needs repair along with improvements to the exter | recommend for approval | Pass |
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