Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 6/6/2018 9:15 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 County Business Economic Development Committee 6-6-18.pdf
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
18-4042 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 05/16/2018recommend for approvalPass Action details Not available
18-3650 1 CREW OF 5 HOLDINGS, LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION CREW OF 5 HOLDINGS, 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: Crew of 5 Holdings LLC Address: 1250 Feehanville Drive, Mt. Prospect, Illinois Municipality or Unincorporated Township: Mount Prospect Cook County District: 9 Permanent Index Number: 03-35-104-027-0000 Municipal Resolution Number: Village of Mt. Prospect, Resolution Number 40-17 Number of month property vacant/abandoned: Four (4) months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: None Estimated Number of jobs retained at this location: 65 full-time jobs Estimated Number of employees in Cook County: same as above Estimated Number of construction jobs: 30-40 construction jobs Proposed use of property: Industrial use, warehousing and distribution Living Wage Ordinance Compliance Affidavit Provided: Yerecommend for approvalPass Action details Video Video
18-3654 1 P.M. MOLD COMPANY, LLC CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)Resolution (Class 6B) SERPROPOSED RESOLUTION P.M. MOLD COMPANY, 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: P.M. Mold Company, LLC Address: 736 Estes Avenue, Schaumburg, Illinois Length of time at current location: 15 years Length of time property under same ownership: 15 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 44 years Municipality or Unincorporated Township: Schaumburg Cook County District: 15 Permanent Index Number(s): 07-33-200-034-0000 Municipal Resolution Number: Village of Schaumburg, Resolution No. R-17-096 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Three (3), Deterioration, Obsolescence and the decline of the equalized assessed value. Has justification for the Class 6b SER program berecommend for approvalPass Action details Video Video
18-3655 1 CONSTANTINE, LLC, SERIES CRESTWOOD CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION CONSTANTINE, LLC, SERIES CRESTWOOD 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: Constantine, LLC, Series Crestwood Address: 14301 S. Cicero Avenue, Crestwood, Illinois Municipality or Unincorporated Township: Village of Crestwood Cook County District: 6th Permanent Index Number: 28-10-100-038-0000 Municipal Resolution Number: Village of Crestwood Resolution No. 1090 (2017) Number of month property vacant/abandoned: Nine (9) months vacant Special circumstances justification requested: Yes Estimated Number of jobs created by this project: 15 full-time, five (5) part-time Estimated Number of jobs retained at this location: 80 full-time, 20 part-time jobs Estimated Number of employees in Cook County: same as above Estimated Number of construction jobs: Three (3) to four (4) jobs Proposed use of property: Commercial use, dental office recommend for approvalPass Action details Video Video