Details Meeting Name: Business and Economic Development Committee Agenda status: Final Meeting date/time: 12/15/2021 10:30 AM Minutes status: Final   Meeting location: Virtual Meeting Published agenda: Agenda Published minutes: Not available   Meeting video: Video   Attachments: Click here to watch live, To comment on an item on the agenda, click here Meeting Items (7) 7 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: Legislation only Legislation only All agenda items File # Ver. Agenda # Name Type Title Motion Result Action Details Video 22-0552 1     Committee Minutes COMMITTEE MINUTES Approval of the minutes from the meeting of 11/03/2021 approve Pass Action details Not available 21-5851 1   SBS 2505 Building LLC and Proflow Pumping Solutions, Inc. Resolution (Class 8) No Purchase for Value PROPOSED RESOLUTION SBS 2505 Building LLC and Proflow Pumping Solutions, Inc. 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: SBS 2505 Building LLC and Proflow Pumping Solutions, Inc. Address: 2505 Walter Zimmy Drive, Posen Illinois Municipality or Unincorporated Township: Village of Posen Cook County District: 5th District Permanent Index Number: 28-12-443-004-0000 Municipal Resolution Number: Village of Posen, Resolution No. 2020-09 Number of month property vacant/abandoned: Four (4) months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - warehousing, production, distribution 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 recommend for approval Pass Action details Not available 21-5854 1   Falcon Papers & Plastics/Manzil Real Estate LLC Resolution (Class 8) Purchase for Value PROPOSED RESOLUTION Falcon Papers & Plastics/Manzil Real Estate 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: Falcon Papers & Plastics/Manzil Real Estate LLC Address: 330-338 South Armory Drive, South Holland, Illinois Municipality or Unincorporated Township: Village of South Holland Cook County District: 6th District Permanent Index Number: 29-21-400-029-0000 Municipal Resolution Number: Village of South Holland, approved December 7, 2020 Number of month property vacant/abandoned: 14 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial use - manufacturing and distribution 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 co recommend for approval Pass Action details Not available 21-5856 1   710 Remington, LLC d/b/a Amplio Systems, Inc. Resolution (Class 6B) Purchase for Value PROPOSED RESOLUTION 710 Remington, LLC d/b/a Amplio Systems, 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: 710 Remington, LLC d/b/a Amplio Systems, Inc. Address: 710 Remington Road, Schaumburg, Illinois 60173 Municipality or Unincorporated Township: Village of Schaumburg Cook County District: 15th District Permanent Index Number: 07-11-301-011-0000 Municipal Resolution Number: Village of Schaumburg Resolution Number Number of month property vacant/abandoned: Seven (7) 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 indust recommend for approval Pass Action details Not available 21-5859 1   JMD Land II, LLC Resolution (Class 6B) Purchase for Value PROPOSED RESOLUTION JMD Land II, 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: JMD Land II, LLC Address: 800 Nicholas Blvd., Elk Grove Village, Illinois Municipality or Unincorporated Township: Elk Grove Village Cook County District: 15th District Permanent Index Number: 08-26-301-032-0000 Municipal Resolution Number: Elk Grove Village Resolution No. 69-19 Number of month property vacant/abandoned: 22 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 Assessmen recommend for approval Pass Action details Not available 21-5876 1   Elegance USA INC Resolution (Class 8) Purchase for Value PROPOSED RESOLUTION Elegance USA INC 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: Elegance USA INC Address: 2250 Western Avenue, Park Forest, Illinois 60466 Municipality or Unincorporated Township: Village of Park Forest Cook County District: 6th District Permanent Index Number: 31-25-201-005-0000 Municipal Resolution Number: Village of Park Forest Resolution No. R-20-23 approved July 20, 2020 Number of month property vacant/abandoned: 13 months vacant Special circumstances justification requested: Yes Proposed use of property: Industrial - Distribution and Manufacturing 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 C recommend for approval Pass Action details Not available 21-5968 1   Elgin Sweeper Company Resolution (Class 6B) SER PROPOSED RESOLUTION Elgin Sweeper Company 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: Elgin Sweeper Company Address: 1300 Bartlett Road, Elgin, Illinois Length of time at current location: 55 years Length of time property under same ownership: 55 years Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): 55 years Municipality or Unincorporated Township: Elgin Cook County District: 15th District Permanent Index Number(s): 06-32-101-004-0000 Municipal Resolution Number: City of Elgin, Resolution No. 21-129 Evidence of Economic Hardship: Yes Number of blighting factors associated with the property: 5 blighting factors; Dilapidation, Deterioration, Obsolescence. Lack of Ventilation and Excessive Land Coverage Has justification for the Class 6b recommend for approval Pass Action details Not available