Meeting date/time:
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5/11/2022
10:00 AM
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Minutes status:
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Final
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Meeting location:
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Virtual meeting
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22-3254
| 1 | | | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 04/05/2022 | approve | Pass |
Action details
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Not available
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22-2568
| 1 | | Benziger LLC | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
Benziger 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: Benziger LLC
Address: 700 Touhy Ave., Elk Grove Village, Illinois 60007
Municipality or Unincorporated Township: Village of Elk Grove
Cook County District: 15 District
Permanent Index Number: 08-27-303-076-0000
Municipal Resolution Number: Village of Elk Grove Resolution Number 62-19
Number of month property vacant/abandoned: Eight (8) 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 Classi | recommend for approval | Pass |
Action details
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Not available
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22-2569
| 1 | | Martin Lane Group, Inc | Resolution (Class 6B) Purchase for Value | PROPOSED RESOLUTION
Martin Lane Group, 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: Martin Lane Group, Inc
Address: 200 Martin Lane, Elk Grove Village, Illinois 60007
Municipality or Unincorporated Township: Village of Elk Grove
Cook County District: 15th District
Permanent Index Number: 08-22-102-224-0000
Municipal Resolution Number: Village of Elk Grove Resolution Number 77-19
Number of month property vacant/abandoned: 14 months vacant
Special circumstances justification requested: Yes
Proposed use of property: Industrial use - assembly, 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 C | recommend for approval | Pass |
Action details
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Not available
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22-2570
| 1 | | Harvey Real Estate Inc | Resolution (Class 8) Purchase for Value | PROPOSED RESOLUTION
Harvey Real Estate 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: Harvey Real Estate Inc.
Address: 15325 Dixie Highway, Harvey, Illinois
Municipality or Unincorporated Township: City of Harvey
Cook County District: 5th District
Permanent Index Number: 29-18-111-024-0000
Municipal Resolution Number: City of Harvey, Resolution Number 2866
Number of month property vacant/abandoned: One week vacant
Special circumstances justification requested: Yes
Proposed use of property: Commercial use - Gas Station, minimart
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 de | recommend for approval | Pass |
Action details
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Not available
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22-2571
| 1 | | Actuation Group Inc. | Resolution (Class 8) Purchase for Value | PROPOSED RESOLUTION
Actuation Group 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: Actuation Group Inc.
Address: 16660 S. Canal Street, South Holland, Illinois
Municipality or Unincorporated Township: Village of South Holland
Cook County District: 6th District
Permanent Index Number: 29-21-317-019-0000
Municipal Resolution Number: Village of South Holland approved August 3, 2020
Number of month property vacant/abandoned: Number of 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 commercial facility; and
WHEREAS, the Cook County | recommend for approval | Pass |
Action details
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Not available
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22-2632
| 1 | | Old Orchard Urban Limited Partnership | Resolution | PROPOSED RESOLUTION
Old Orchard Urban Limited Partnership 7b PROPERTY TAX INCENTIVE REQUEST
WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real Property Assessment Classification 7b application containing the following information:
Applicant: Old Orchard Urban Limited Partnership
Address: 4847 Old Orchard Shopping Center, Skokie, Illinois
Municipality or Unincorporated Township: Niles
Cook County District: 13th District
Permanent Index Number: 10-09-411-074-0000
Municipal Resolution Number: Village of Skokie, Resolution No. 21-12-R-1517
Number of month property vacant/abandoned: More than 24 months
Special circumstances justification requested: Yes
Proposed use of property: Commercial use - retail
Living Wage Ordinance Compliance Affidavit Provided: N/A Commercial use
WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment Classification 7b that provides an applicant a reduction in the assessment level for an abandoned industrial facility; and
WHEREAS, the Cook | recommend for approval | Pass |
Action details
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Not available
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22-2667
| 1 | | Home Investment Partnership Loan - Hanover Landing, Elgin | HOME Investment Partnerships Program | PROPOSED HOME INVESTMENT PARTNERSHIPS PROGRAM
Department: Planning and Development
Other Part(ies): Hanover Landing LLC, Lincolnwood, IL
Request: Respectfully request the Board approve a $1,500,000, 32-year construction and permanent loan with 0% interest and an annual $5,000 payment to support the new construction of Hanover Landing, an affordable permanent supportive housing development in Elgin, IL
Total Development Cost: $16,030,794.0
Project Loan Amount: $1,500,000.00
Fiscal Impact: $1,500,000.00
Account(s): 11900.1013.53956.580170.
Summary: The new three-story building will have forty 535 SF one-bedroom units, with one unit reserved for the onsite manager. The common areas of the building will be fully accessible, all units will be visitable, and six units will be fully accessible, four units will be adaptable and two sensory impaired units will complete the twelve-unit accessible unit mix.
The development will be located at 711 East Chicago Street and 712 East Laurel Street, in Elgin, Illinois, encompassing approximately 3.87 acres. Th | recommend for approval | Pass |
Action details
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Not available
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22-2807
| 1 | | PROPOSED RESOLUTION FOR ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT | Resolution | PROPOSED SUBSTITUTE TO FILE 22-2807
(Business and Economic Development Committee 5/11/2022)
Sponsored by: TONI PRECKWINKLE (President), Cook County Board of Commissioners
PROPOSED RESOLUTION
ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT
WHEREAS, on March 11, 2021, the federal government authorized the American Rescue Plan Act of 2021 (“ARPA”) which includes $1.9 trillion in federal stimulus funds to hasten the United States’ recovery from the economic and health effects caused by the COVID-19 pandemic; and
WHEREAS, specifically, the federal government has authorized and allocated a federal award of approximately $1,000,372,385B of ARPA funding to Cook County to assist the County in its recovery from the economic and health effects of COVID-19; and
WHEREAS, on June 24, 2021, the Cook County American Rescue Plan Act Framework (the “ARPA Framework”) was presented to the Cook County Board of Commissioners; and
WHEREAS, to effectuate the approach outlined in the ARPA Framework, the Cook County Board of Commissioners authorized t | accept as substituted | Pass |
Action details
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Not available
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22-2807
| 2 | | PROPOSED RESOLUTION FOR ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT | Resolution | PROPOSED SUBSTITUTE TO FILE 22-2807
(Business and Economic Development Committee 5/11/2022)
Sponsored by: TONI PRECKWINKLE (President), Cook County Board of Commissioners
PROPOSED RESOLUTION
ARPA VITAL COMMUNITIES PROGRAM INITIATIVES IMPLEMENTED BY THE BUREAU OF ECONOMIC DEVELOPMENT
WHEREAS, on March 11, 2021, the federal government authorized the American Rescue Plan Act of 2021 (“ARPA”) which includes $1.9 trillion in federal stimulus funds to hasten the United States’ recovery from the economic and health effects caused by the COVID-19 pandemic; and
WHEREAS, specifically, the federal government has authorized and allocated a federal award of approximately $1,000,372,385B of ARPA funding to Cook County to assist the County in its recovery from the economic and health effects of COVID-19; and
WHEREAS, on June 24, 2021, the Cook County American Rescue Plan Act Framework (the “ARPA Framework”) was presented to the Cook County Board of Commissioners; and
WHEREAS, to effectuate the approach outlined in the ARPA Framework, the Cook County Board of Commissioners authorized t | recommend for approval as substituted | Pass |
Action details
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Not available
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