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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 1/15/2020 10:00 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room 118 North Clark Street, Chicago, Illinois
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: To comment on an item at this meeting, click here., Substitute Proposed amendment to Real Property Taxation Classifications- Affidavit 20-0768
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
20-1144 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 12/18/2019   Not available Video Video
20-0100 1 LIBERTY PROPERTY LIMITED PARTNERSHIP 6B PROPERTY TAX INCENTIVE REQUESTResolutionPROPOSED RESOLUTION LIBERTY PROPERTY LIMITED PARTNERSHIP 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: Liberty Property Limited Partnership Address: 5063 South Merrimac Avenue, Unincorporated Chicago, Illinois, 60638 Municipality or Unincorporated Township: Stickney Cook County District: 16 Permanent Index Number: (8) PINs: 19-08-100-010-0000; 19-08-100-049-0000; 19-08-100-050-0000; 19-08-100-052-0000; 19-08-100-055-0000; 19-08-100-056-0000; 19-08-100-074-0000; 19-08-100-075-0000 Municipal Resolution Number: Not applicable Number of month property vacant/abandoned: 22 months at the time of purchase Special circumstances justification requested: Yes Proposed use of property: Industrial Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 6b that provides an applic   Not available Video Video
20-0447 1 1401 WESTERN AVENUE LLC CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION 1401 WESTERN AVENUE 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: 1401 Western Avenue LLC Address: 1401 Western Avenue, Chicago Heights, Illinois, 60411 Municipality or Unincorporated Township: Bloom Cook County District: 5 Permanent Index Number: (3) PINs: 32-19-300-011-0000; 32-19-300-019-0000; 32-19-300-020-0000 Municipal Resolution Number: City of Chicago Heights Resolution 2018-51a approved 6/20/2018 Number of month property vacant/abandoned: 7 months at time of application to BED Special circumstances justification requested: Yes Proposed use of property: Commercial-Healthcare Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the assessment level for an abandoned commercial facilit   Not available Video Video
20-0448 1 ARLINGTON INDUSTRIAL OWNER 6B SERResolution (Class 6B) SERPROPOSED RESOLUTION ARLINGTON INDUSTRIAL OWNER LP 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: Arlington Industrial Owner, LP Address: 7400 West 100th Place, Bridgeview, Illinois 60455 Length of time at current location: Tenant Tibor Machine Products, Inc.-11 years at time of application to BED Length of time property under same ownership: Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 45 years Municipality or Unincorporated Township: Palos Cook County District: 6 Permanent Index Number(s): (1) PIN: 23-12-401-024-0000, (formerly part of 23-12-401-021-0000) Municipal Resolution Number: Village of Bridgeview Ordinance 19-19, approved July 3rd, 2019 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: 5   Not available Video Video
20-0487 1 NOBLE ESTATE GROUP LLC CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION NOBLE ESTATE GROUP 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: Noble Estate Group LLC Address: 2425 140th Place, Posen, Illinois 60469 Municipality or Unincorporated Township: Bremen Cook County District: 5 Permanent Index Number: (6) PINs: 28-01-410-016-0000; 28-01-410-017-0000; 28-01-410-018-0000; 28-01-410-019-0000; 28-01-410-020-0000; 28-01-410-029-0000 Municipal Resolution Number: Village of Posen Resolution 2018-15, approved July 24, 2018 Number of month property vacant/abandoned: 0.5 months at time of purchase Special circumstances justification requested: Yes Proposed use of property: Industrial-Warehousing and dispatch Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the asses   Not available Video Video
20-0629 1 MGR 017, LLCResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION MGR 017, 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: MGR 017, LLC Address: 210 E. 159th Street, Harvey, Illinois Municipality or Unincorporated Township: City of Harvey Cook County District: 5 Permanent Index Number: 29-20-200-017-0000 Municipal Resolution Number: City of Harvey, Resolution No. 2867 Number of month property vacant/abandoned: two weeks vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use- Transportation, Logistics and Truck Repari Living Wage Ordinance Compliance Affidavit Provided: Yes WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 8 that provides an applicant a reduction in the assessment level for an abandoned commercial facility; and WHEREAS, the Cook County Classification System for Assessment defines abandoned prop   Not available Video Video
20-0678 1 SUPPORTING A REVIEW OF THE SMALL BUSINESS AND ENTREPRENUER ECOSYSTEM IN COOK COUNTY BY AN INDEPENDENT EXPERTResolutionPROPOSED RESOLUTION SUPPORTING A REVIEW OF THE SMALL BUSINESS AND ENTREPRENUER ECOSYSTEM IN COOK COUNTY BY AN INDEPENDENT EXPERT WHEREAS, the Cook County Policy Roadmap, presented by President Preckwinkle in 2018, emphasizes creating Vital Communities through a goal of pursuing inclusive economic and community growth by supporting residents, growing businesses, attracting investment, and nurturing talent; and WHEREAS, the Board of Commissioners supports that goal and seeks to see greater opportunity for small businesses and entrepreneurs to thrive in their districts; and WHEREAS, there has been a decades-long decline in entrepreneurial activity. Americans are starting new businesses that employ people at about half the rate they were a generation ago; and WHEREAS, recent research from the Kaufmann Foundation, Brookings Institution and other academics and researchers, Cook County needs to begin to develop additional strategies and programs to support small business and entrepreneurship development; and WHEREAS, there has been a paradigm shift in understanding the sou   Not available Video Video
20-0768 1 Affidavit Waiver AmendmentOrdinance AmendmentPROPOSED ORDINANCE AMENDMENT PROPOSED SUBSTITUTE ORDINANCE AMENDMENT (FILE# 20-0768) (Business and Economic Development Committee 1/15/2020) Sponsored by: DONNA MILLER, County Commissioners AN AMENDMENT TO CHAPTER 74, ARTICLE II, REAL PROPERTY TAXATION WHEREAS, the Cook County Property Tax Incentive program is one of the most effective tools to attract and retain businesses in Cook County; and WHEREAS, the program is particularly important in areas that have economic stagnation and high property tax rates such as exists in the Southland; and WHEREAS, part of the changes included a shift in the affidavit requirements of the incentive program, which changed from a 3-year requirement to an annual requirement. This change created an administrative burden on small businesses; and WHEREAS, the County seeks to minimize administrative burden and facilitate new business creation while maintaining compliance with tax incentive requirements; and WHEREAS, extending the assessment year waiver would allow time to bring businesses into compliance with the incentive requirements; NOW THER   Not available Video Video
20-0768 1 Affidavit Waiver AmendmentOrdinance AmendmentPROPOSED ORDINANCE AMENDMENT PROPOSED SUBSTITUTE ORDINANCE AMENDMENT (FILE# 20-0768) (Business and Economic Development Committee 1/15/2020) Sponsored by: DONNA MILLER, County Commissioners AN AMENDMENT TO CHAPTER 74, ARTICLE II, REAL PROPERTY TAXATION WHEREAS, the Cook County Property Tax Incentive program is one of the most effective tools to attract and retain businesses in Cook County; and WHEREAS, the program is particularly important in areas that have economic stagnation and high property tax rates such as exists in the Southland; and WHEREAS, part of the changes included a shift in the affidavit requirements of the incentive program, which changed from a 3-year requirement to an annual requirement. This change created an administrative burden on small businesses; and WHEREAS, the County seeks to minimize administrative burden and facilitate new business creation while maintaining compliance with tax incentive requirements; and WHEREAS, extending the assessment year waiver would allow time to bring businesses into compliance with the incentive requirements; NOW THER   Not available Video Video