Meeting Name: Business and Economic Development Committee Agenda status: Final
Meeting date/time: 3/17/2021 10:30 AM Minutes status: Final  
Meeting location: Virtual Meeting
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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21-2069 1 COMMITTEE MINUTESCommittee MinutesCOMMITTEE MINUTES Approval of the minutes from the meeting of 02/18/2021approvePass Action details Not available
21-1355 1 1851 TOUHY LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION 1851 TOUHY 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: 1851 Touhy LLC Address: 81 Remington Road, Schaumburg, Illinois Municipality or Unincorporated Township: Village of Elk Grove Village, Illinois Cook County District: 15 Permanent Index Number: 08-35-102-032-0000 Municipal Resolution Number: Elk Grove Village Resolution No. 22-20 Number of month property vacant/abandoned: Eight (8) 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 the assessment level for an abandoned industrial facility; and WHEREAS, the Cook County Classification System for recommend for approvalPass Action details Not available
21-1356 1 BASIC HOLDINGS, INC. 6B PROPERTY TAX INCENTIVE BASIC HOLDINGS, INC. 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION BASIC HOLDINGS, INC. 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: Basic Holdings, Inc. Address: 645 Lunt Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Village of Elk Grove Village, Illinois Cook County District: 15 Permanent Index Number: 08-34-102-022-0000 Municipal Resolution Number: Elk Grove Village, Resolution No. 13-16 Number of month property vacant/abandoned: 30 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and/or 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 the assessment level for an abandoned industrial facility; and WHEREAS, the Cook Countyrecommend for approvalPass Action details Not available
21-1357 1 VK 1850 GREENLEAF LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION VK 1850 GREENLEAF 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: VK 1850 Greenleaf LLC Address: 1850 Greenleaf Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Village of Elk Grove Village, Illinois Cook County District: 15 Permanent Index Number: 08-35-103-021-0000 Municipal Resolution Number: Elk Grove Village, Resolution No. 36-18 Number of month property vacant/abandoned: 12 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and/or 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 the assessment level for an abandoned industrial facility; and WHEREAS, the Cookrecommend for approvalPass Action details Not available
21-1367 1 Cook County COVID Community Recovery Initiative Impact ReportReportREPORT Department: Bureau of Economic Development Report Title: Cook County COVID Community Recovery Initiative Impact Report Report Period: 3/1/2020 - 12/31/2020 Summary: This report will provide a complete summary of the Bureau of Economic Development’s Community Recovery Initiative program. It will include: · Data that illustrates the devastating impact of COVID-19 on Cook County residents and businesses · Descriptions of the programs designed and executed to address the above needs · Allocation and distribution of Covid Relief Funds to support the menu of small business, workforce, critical social services and housing programs designed and executed by the Cook County Bureau of Economic Development. · Metrics and impact of the use of these funds for each of the programs. · Listing of partnering organizations and agenciesrecommend for receiving and filingPass Action details Not available