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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: 7/28/2021 10:30 AM Minutes status: Draft  
Meeting location: Cook County Building, Board Room 118 N. Clark Chicago IL.
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video:  
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21-3445 1 VCOR 47th LLC LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) No Purchase for ValuePROPOSED RESOLUTION VCOR 47th 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: VCOR 47th LLC Address: 4340 West 47th Street, Chicago, Illinois Municipality or Unincorporated Township: City of Chicago Cook County District: 16 Permanent Index Number: 19-03-400-200-0000 Municipal Resolution Number: City of Chicago Resolution Number R2018-1000 Number of month property vacant/abandoned: 51 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, manufacturing, 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 Assessm   Not available Not available
21-3461 1 Great Lake Stair & Steel, Inc 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION Great Lake Stair & Steel, 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: Great Lake Stair & Steel, Inc. Address: 10130 & 10140 Virginia Ave., Chicago Ridge Illinois Municipality or Unincorporated Township: Village of Chicago Ridge Cook County District: 6 Permanent Index Number: 24-07-311-016-0000 and 24-07-311-014-0000 Municipal Resolution Number: Village of Chicago Ridge, Resolution No. 20-05-070 Number of month property vacant/abandoned: 12 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - Manufacturing 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    Not available Not available
21-3526 1 ANTHONY GAMBINO D/B/A 100 MARION PARTNERS LLCResolutionPROPOSED RESOLUTION ANTHONY GAMBINO D/B/A 100 MARION PARTNERS LLC 7a PROPERTY TAX INCENTIVE REQUEST WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7a application containing the following information: Applicant: Anthony Gambino d/b/a 100 Marion Partners LLC Address: 100 Marion Street, Oak Park, Illinois Municipality or Unincorporated Township: Oak Park Cook County District: 1 Permanent Index Number: 16-07-302-023-0000 and 16-07-302-078-0000 Municipal Resolution Number: Village of Oak Park, Resolution No. 20-106_D_051820 Number of month property vacant/abandoned: 20 months vacant Special circumstances justification requested: Yes Proposed use of property: Commercial use - Restaurant Living Wage Ordinance Compliance Affidavit Provided: No WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 7a that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and WHEREAS,    Not available Not available
21-3569 1 Fabmor, LLC 6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) Purchase for ValuePROPOSED RESOLUTION Fabmor, 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: Fabmor LLC Address: 2755 Thomas Street, Melrose Park, Illinois Municipality or Unincorporated Township: Melrose Park Cook County District: 16 Permanent Index Number: 15-04-404-079-0000 Municipal Resolution Number: Village Melrose Park Resolution No. 50-19 Number of month property vacant/abandoned: Six (6) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehouse, 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 County Classification System for Assessment    Not available Not available
21-3570 1 AMB Partners II Local L.P.6B PROPERTY TAX INCENTIVE REQUESTResolution (Class 6B) No Purchase for Value TEERMPROPOSED RESOLUTION AMB Partners II Local, L.P.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: AMB Partners II Local, L.P. Address: 825 Arthur Avenue, Elk Grove Village, Illinois Municipality or Unincorporated Township: Elk Grove Township Cook County District: 15 Permanent Index Number: 08-34-302-035-0000 Municipal Resolution Number: Village of Elk Grove, Resolution No.44-20 Number of month property vacant/abandoned: 18 months vacant Special circumstances justification requested: Yes TEERM (TEMPORARY EMERGENCY ECONOMIC RECOVERY MODIFICATION (Vacant for more than 12 months but less than 24 months - No Purchase for Value) Justification: Yes Proposed use of property: Industrial use - warehousing, manufacturing, and/or distribution Living Wage Ordinance Compliance Affidavit Provided: Yes or No WHEREAS, the Cook County Board of Commissioners has adopted a Real Property    Not available Not available
21-3592 1 2021 HUD Annual Entitlement GrantsGrant AwardPROPOSED GRANT AWARD Department: Department of Planning and Development Grantee: Cook County Bureau of Economic Development Grantor: U.S. Department of Housing and Urban Development (HUD) Request: Authorization to accept grant Purpose: To support various community development, homeless and social services, affordable housing, and economic development activities in suburban Cook County Grant Amount: Community Development Block Grant (CDBG): $10,766,100.00 Emergency Solutions Grant (ESG): $881,906.00 HOME Investment Partnerships: $6,577,051.00 Grant Period: CDBG: 10/1/21-9/30/22 ESG: 10/1/21-9/30/23 HOME: 10/1/21-9/30/25 Fiscal Impact: None Accounts: Concurrences: The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any. Summary: Transmitted herewith are the proposed funding sources and uses for the 2021 Program Year for the Community Development Block Grant (CDBG); Emergency Solutions Grant (ESG); and HOME Investment Partnerships (HOME) programs. These fund   Not available Not available
21-3673 1 Cook County 2021 Emergency Rental Assistance Program (ERA I) Status ReportReportREPORT Department: Department of Planning and Development Report Title: Cook County 2021 Emergency Rental Assistance Program (ERA I) Status Report Report Period: First and Second Quarters 2021 Summary: The Cook County 2021 ERA Program Status Report provides information pertaining to the number of applications and funding amounts being disbursed to assist suburban Cook County residents with financial relief for the purpose of paying rent. The report describes the program criteria and guidelines, a map illustrating the locales from where applications were received and the amount of funding distributed, as of June 1st, 2021. The final page of the report contains a link to an online dashboard with daily updates on program status.   Not available Not available