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Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 5/16/2018 9:45 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: To comment on an item at this meeting, click here., Public Testimony Forms from Business & Economic Development 05.16.18.pdf
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
18-3746 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 04/24/2018approvePass Action details Video Video
18-3163 1 SMS REALTY (BLUE ISLAND) LLC CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)Resolution (Class 6B) SERPROPOSED RESOLUTION SMS REALTY (BLUE ISLAND) 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: SMS Realty (Blue Island) LLC Address: 3000 West 139th Street, Blue Island, Illinois Length of time at current location: 25 years Length of time property under same ownership: Five (5) years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 52 Years Municipality or Unincorporated Township: Blue Island Cook County District: 5 Permanent Index Number(s): 28-01-111-060-0000 Municipal Resolution Number: City of Blue Island Resolution No. 2017-025 approved July 11, 2017 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Three (3) Dilapidation - the loading dock and part of the yard floods; Obsolescence - There is recommend for approvalPass Action details Video Video
18-3171 1 KTR Illinois, LLC D/B/A PROLOGIS L.P. 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) No Purchase for Value TEERMPROPOSED RESOLUTION KTR ILLINOIS, LLC D/B/A PROLOGIS L.P. 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 Illinois, LLC d/b/a Prologis L.P. Address: 4136 United Parkway, Schiller Park, Illinois Municipality or Unincorporated Township: Village of Schiller Park Cook County District: 17 Permanent Index Number: 12-17-401-043-0000 and 12-17-401-051-0000 Municipal Resolution Number: Resolution Number 28-17 approved November 2, 2017 Number of month property vacant/abandoned: Number of months vacant 17 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: 10 full-time, 10 part-time Estimated Number of jobs retained at this location: 81 full-time, 28 part-time Estrecommend for approvalPass Action details Video Video
18-3176 1 PLUM GROVE PRINTERS CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)Resolution (Class 6B) SERPROPOSED RESOLUTION PLUM GROVE PRINTERS 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: Plum Grove Printers Address: 2160 Stonington Ave. Hoffman Estates, Illinois Length of time at current location: 24 years Length of time property under same ownership: 24 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 31 years Municipality or Unincorporated Township: Village of Hoffman Estates Cook County District: 15 Permanent Index Number(s): 07-06-102-013-0000 Municipal Resolution Number: Resolution No. 1644-2017 approved October 16, 2017 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Three (3) blighting factors: Inadequate Utilities - a fire sprinkler system needs to be added along with a new water serrecommend for approvalPass Action details Video Video
18-3181 1 2550 WEST GOLF, LLC 7B PROPERTY TAX INCENTIVE REQUESTResolutionPROPOSED RESOLUTION 2550 WEST GOLF, LLC 7B PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7b application containing the following information: Applicant: 2550 West Golf, LLC Address: 2550 West Golf Road, Rolling Meadows, Illinois Municipality or Unincorporated Township: City of Rolling Meadows Cook County District: 15 Permanent Index Number: 08-08-301-041-0000 and 08-08-301-042-0000 Municipal Resolution Number: Resolution No 18-R-05, passed January 23, 2018 in support of the Class 7b tax incentive Number of month property vacant/abandoned: Number of months vacant 28 months Special circumstances justification requested: Yes Class 7b five eligibility requirements have been satisfied: Yes Estimated Number of jobs created by this project: 200 full-time jobs Estimated Number of jobs retained at this location: 400 full-time jobs Estimated Number of employees in Cook County: Same as above Estimated Number of construction jobs: 50 conrecommend for approvalPass Action details Video Video
18-3195 1 GBG LEASING LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION GBG LEASING 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: GBG Leasing LLC Address: 15523 South LaSalle Street, South Holland, Illinois 60473 Municipality or Unincorporated Township: South Holland Cook County District: 6 Permanent Index Number: (2) PINs: 29-16-205-170-0000; 29-16-205-171-0000 Municipal Resolution Number: Village of South Holland Resolution approved August 7, 2017 Number of month property vacant/abandoned: 18 months at time of application 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: 20 full-time, 0 part-time Estimated Number of employees in Cook County: 105 full-time, 5 part-time Estimated Number of construction jobs: 40-50 Proposed use of property: Industrial-manufacturing Livingrecommend for approvalPass Action details Video Video
18-3257 1 ROYAL CRANE SERVICES/JOHN MOONCOTCH JR. CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION ROYAL CRANE SERVICES/JOHN MOONCOTCH JR. 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: Royal Crane Services/John Mooncotch Jr. Address: 3950 W 155th Street, Markham, Illinois 60428 Municipality or Unincorporated Township: Markham Cook County District: 5 Permanent Index Number: (1) PIN: 28-14-300-015-0000 Municipal Resolution Number: City of Markham Ordinance 17-O-2171 approved March 15, 2017 Number of month property vacant/abandoned: 3 months at time of application to CCBED Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 2 full-time, 2 part-time Estimated Number of jobs retained at this location: 15 full-time, 2 part-time Estimated Number of employees in Cook County: 15 full-time, 2 part-time Estimated Number of construction jobs: 3 Proposed use of property: Industrial-Crane rentarecommend for approvalPass Action details Video Video
18-3263 1 VALERIE RIETVELD/KEN-RICH CONCRETE LIFTING LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION VALERIE RIETVELD/KEN-RICH CONCRETE LIFTING 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: Valerie Rietveld/Ken-Rich Concrete Lifting LLC Address: 15510 Wentworth Avenue, South Holland, Illinois 60473 Municipality or Unincorporated Township: South Holland Cook County District: 6 Permanent Index Number: (1) PIN: 29-16-205-165-0000 Municipal Resolution Number: Village of South Holland Resolution approved June 5, 2017 Number of month property vacant/abandoned: 15 months at time of initial application to Assessor Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 3 full-time, 0 part-time Estimated Number of jobs retained at this location: 7 full-time, 2 part-time Estimated Number of employees in Cook County: 7 full-time, 2 part-time Estimated Number of construction jobs: 10 Proposed use ofrecommend for approvalPass Action details Video Video
18-2562 1 AUTHORIZING EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT FOR COST SHARING AND START-UP ACTIVITIES RELATED TO THE ESTABLISHMENT OF THE WEST REGIONAL ENTERPRISE ZONEResolutionPROPOSED RESOLUTION AUTHORIZING EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT FOR COST SHARING AND START-UP ACTIVITIES RELATED TO THE ESTABLISHMENT OF THE WEST REGIONAL ENTERPRISE ZONE WHEREAS, the State of Illinois has enacted the “Illinois Enterprise Zone Act” (the “Act”), 20 ILCS 655/1 et al., to alleviate distressed economic conditions in certain depressed areas; and WHEREAS, the Act permits units of local government to designate depressed areas within the boundaries of the local governments as enterprise zones for the purpose of obtaining certain state tax and regulatory incentives to encourage economic development and neighborhood revitalization; and WHEREAS, the Village of Maywood has, in the past, had an enterprise zone consisting only of territory within the Village; and WHEREAS, the Village now desires to participate in the creation of a new larger enterprise zone, to be known as the West Regional Enterprise Zone (the “Enterprise Zone”), along with the Village of Bellwood (“Bellwood”), the Village of Broadview (“Broadview”), the Village of Melrose Park (“Merecommend for approvalPass Action details Video Video
18-3265 1 SANTA FE INDUSTRIAL INVESTORS, LLC 6B PROPERTY TAX INCENTIVE REQUESTResolutionPROPOSED RESOLUTION SANTA FE INDUSTRIAL INVESTORS, 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: Santa Fe Industrial Investors, LLC Address: 7335 & 7435 Santa Fe Drive, Hodgkins, Illinois Municipality or Unincorporated Township: Village of Hodgkins Cook County District: 17 Permanent Index Number: 18-28-200-032-0000; 18-28-200-035-0000 and 18-28-200-036-0000 Municipal Resolution Number: Village of Hodgkins Resolution No.2017-10 Number of month property vacant/abandoned: Number of months vacant Special circumstances justification requested: Yes or No 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: 100-120 full-time jobs Estimated Number of jobs retained at this location: Not applicable Estimated Nrecommend for approvalPass Action details Video Video