Meeting date/time:
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1/15/2020
10:00 AM
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Minutes status:
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Draft
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Meeting location:
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Cook County Building, Board Room
118 North Clark Street, Chicago, Illinois
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20-1144
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 12/18/2019 | | |
Not available
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Video
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20-0100
| 1 | | LIBERTY PROPERTY LIMITED PARTNERSHIP 6B PROPERTY TAX INCENTIVE REQUEST | Resolution | PROPOSED 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 | | |
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Video
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20-0447
| 1 | | 1401 WESTERN AVENUE LLC CLASS 8 PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 8) Purchase for Value | PROPOSED 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 | | |
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Video
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20-0448
| 1 | | ARLINGTON INDUSTRIAL OWNER 6B SER | Resolution (Class 6B) SER | PROPOSED 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 | | |
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Video
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20-0487
| 1 | | NOBLE ESTATE GROUP LLC CLASS 8 PROPERTY TAX INCENTIVE REQUEST | Resolution (Class 8) Purchase for Value | PROPOSED 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
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Video
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20-0629
| 1 | | MGR 017, LLC | Resolution (Class 8) Purchase for Value | PROPOSED 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 | | |
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Video
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20-0678
| 1 | | SUPPORTING A REVIEW OF THE SMALL BUSINESS AND ENTREPRENUER ECOSYSTEM IN COOK COUNTY BY AN INDEPENDENT EXPERT | Resolution | PROPOSED RESOLUTION
SUPPORTING A REVIEW OF THE SMALL BUSINESS AND ENTREPRENEUR 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 | | |
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Video
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20-0768
| 1 | | Affidavit Waiver Amendment | Ordinance Amendment | PROPOSED 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
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Video
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20-0768
| 1 | | Affidavit Waiver Amendment | Ordinance Amendment | PROPOSED 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 | | |
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Video
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