Share to Facebook Share to Twitter Bookmark and Share
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: 11/18/2020 10:30 AM Minutes status: Draft  
Meeting location: Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
Attachments: to comment on an item on this agenda, click here
File #Ver.Agenda #NameTypeTitleMotionResultAction DetailsVideo
20-5570 1  Committee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 10/21/2020.   Not available Not available
20-4615 1 THE GC NET LEASE (ARLINGTON HEIGHTS) INVESTORS, LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) No Purchase for Value TEERMPROPOSED RESOLUTION THE GC NET LEASE (ARLINGTON HEIGHTS) 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: The GC Net Lease (Arlington Heights) Investors, LLC Address: 1455 Shure Drive Arlington Heights, Illinois 60004 Municipality or Unincorporated Township: Village of Arlington Heights, Illinois Cook County District: 14 Permanent Index Number: 03-07-100-015-0000 and 03-07-100-021-0000 Municipal Resolution Number: Village of Arlington Heights Resolution Number R2020-005 Number of month property vacant/abandoned: 27 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing and distribution 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 applicant a reduction in t   Not available Not available
20-4616 1 Schram Enterprises, Inc. a.k.a. Ace GrindingResolution (Class 6B) SERPROPOSED RESOLUTION SCHRAM ENTERPRISES, INC. A.K.A. ACE GRINDING 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: Schram Enterprises, Inc. a.k.a. Ace Grinding Address: 5017 W. Lake Street, Melrose Park, Illinois Length of time at current location: 42 years Length of time property under same ownership: 42 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: Village of Melrose Park Cook County District: 16 Permanent Index Number(s): 15-05-103-050-0000 Municipal Resolution Number: Village of Melrose Park, Resolution No. 111-19 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Three (3) blighting factors, Deterioration, Obsolescence and the total equali   Not available Not available
20-4618 1 CONNECT GROUP, LLC CLASS 8 PROPERTY TAX INCENTIVE REQUESTResolution (Class 8) Purchase for ValuePROPOSED RESOLUTION CONNECT 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: Connect Group, LLC Address: 2204 West 159th Street, Markham, Illinois Municipality or Unincorporated Township: City of Markham Cook County District: 5 Permanent Index Number: 29-18-326-038-0000 Municipal Resolution Number: City of Markham Ordinance 19-O-2227 Number of month property vacant/abandoned: Three (3) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - the repair and maintenance of semi-trucks and truck sales and warehousing 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 Coun   Not available Not available
20-4624 1 RG RILEY & SONS INC. CLASS 6B SUSTAINABLE EMERGENCY RELIEF (SER)Resolution (Class 6B) SERPROPOSED RESOLUTION RG RILEY & SONS INC. 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: RG Riley & Sons Inc. Address: 17700 Duvan Drive, Tinley Park, 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): 43 years Municipality or Unincorporated Township: Village of Tinley Park Cook County District: 17 Permanent Index Number(s): 27-36-204-029-0000 Municipal Resolution Number: Village of Tinley Park Resolution No. 2019-R- 046 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: Dilapidation, Obsolescence & Deterioration - The property was built in 1976, and as such had many fixtures from the origina   Not available Not available