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Cook County Board of Commissioners Business and Economic Development Committee met March 12

Here are the minutes provided by the board:

ATTENDANCE 

Present: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1) 

A motion was made by Commissioner S. Morrison, seconded by Commissioner Morita, to allow for remote participation in the meeting. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1) 

PUBLIC TESTIMONY 

Vice Chairwoman Anaya asked the Secretary to the Board to call upon the registered public speakers, in accordance with Cook County Code. 

No public speakers. 

24-1952 

COMMITTEE MINUTES 

Approval of the minutes from the meeting of 02/27/2024 

A motion was made by Commissioner Morita, seconded by Commissioner Miller, to approve  24-1952. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1)

24-1510 

Sponsored by: TONI PRECKWINKLE (President) and KEVIN B. MORRISON, Cook County Board  Of Commissioners 

PROPOSED RESOLUTION 

1355 Greenleaf RT, LLC 6B PROPERTY TAX INCENTIVE REQUEST  

WHEREAS, the Cook County Bureau of Economic Development received and reviewed a Real  PropertyAssessment Classification 6b application containing the following information:  

Applicant: 1355 Greenleaf RT, LLC  

Address: 1355 Greenleaf Avenue, Elk Grove Village  

Municipality or Unincorporated Township: Elk Grove Village  

Cook County District: 15th District  

Permanent Index Number: 08-34-202-015-0000  

Municipal Resolution Number: Elk Grove Village, Resolution Number 66-21  Number of month property vacant/abandoned: One (1) 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 County Classification System for Assessment defines abandoned property as  buildings and other structures that, after having been vacant and unused for at least 24 continuous months,  have been purchased for value by a purchaser in whom the seller has no direct financial interest; and

WHEREAS, in the instance where the property does not meet the definition of abandoned property, the municipality or the Board of Commissioners, may determine that special circumstances may exist that  justify finding that the property is abandoned for purpose of Class 6b; and 

WHEREAS, in the case of abandonment of less than 24 months and purchase for value, by a purchaser in  whom the seller has no direct financial interest, the County may determine that special circumstances justify finding the property is deemed abandoned; and 

WHEREAS, Class 6b requires the validation by the County Board of the shortened period of qualifying  abandonment in cases where the facility has been abandoned for less than 24 consecutive months upon  purchase for value; and 

WHEREAS, the municipality states the Class 6b is necessary for development to occur on this specific real estate. The municipal resolution cites the qualifications of this property to meet the definition of abandoned with special circumstances; and 

WHEREAS, industrial real estate is normally assessed at 25% of its market value, qualifying industrial  real estate eligible for the Class 6b can receive a significant reduction in the level of assessment from the date that new construction or rehabilitation has been completed, or in the case of abandoned property  from the date of substantial re-occupancy. Properties receiving Class 6b will be assessed at 10% of the market value for 10 years, 15% for the 11th year and 20% in the 12th year; and  

NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Commissioners of the  County of Cook, that the President and Board of Commissioners validate the above-captioned property is deemed abandoned with special circumstances under the Class 6b; and  

BE IT FURTHER RESOLVED, that the County Clerk is hereby authorized and directed to forward a certified copy of this resolution to the Office of the Cook County Assessor 

A motion was made by Commissioner Miller, seconded by Commissioner Lowry, to recommend for  approval 24-1510. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1)

24-1511 

Sponsored by: TONI PRECKWINKLE (President) and KEVIN B. MORRISON, Cook County Board Of  Commissioners 

PROPOSED RESOLUTION 

AMZ RE Holding 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: AMZ RE Holding LLC  

Address: 1546-1550 Brandy Parkway, Streamwood, Illinois  

Municipality or Unincorporated Township: Village of Streamwood  

Cook County District: 15th District  

Permanent Index Number: 06-24-407-023-0000  

Municipal Resolution Number: Village of Streamwood, Resolution No. 2023-19  Number of month property vacant/abandoned: Over 3 years vacant  

Special circumstances justification requested: Yes  

Proposed use of property: Industrial use - warehousing, manufacturing and disrtribution  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 defines abandoned property as  buildings and other structures that, after having been vacant and unused for more than 24 continuous months, there has been no purchased for value by a purchaser and the property is in need of substantial rehabilitation; and

WHEREAS, in the instance where the property does not meet the definition of abandoned property, the  municipality or the Board of Commissioners, may determine that special circumstances may exist that  justify finding that the property is abandoned for purpose of Class 6b; and 

WHEREAS, in the case of abandonment of over 24 months and no purchase for value by a disinterested buyer, the County may determine that special circumstances justify finding the property as being deemed  abandoned; and 

WHEREAS, Class 6b requires a resolution by the County Board validating the property as abandoned for  the purpose of Class 6b; and 

WHEREAS, the municipality states the Class 6b is necessary for development to occur on this specific real estate. The municipal resolution cites the qualifications of this property to meet the definition of abandoned with special circumstances; and 

WHEREAS; industrial real estate is normally assessed at 25% of its market value, qualifying industrial real estate eligible for the Class 6b can receive a significant reduction in the level of assessment from the date that new construction or rehabilitation has been completed, or in the case of abandoned property from the date of substantial re-occupancy. Properties receiving Class 6b will be assessed at 10% of the market value for 10 years, 15% for the 11th year and 20% in the 12th year; and  

NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Commissioners of the County of Cook, that the President and Board of Commissioners validate the above-captioned property is deemed abandoned with special circumstances under the Class 6b; and  

BE IT FURTHER RESOLVED, that the County Clerk is hereby authorized and directed to forward a certified copy of this resolution to the Office of the Cook County Assessor 

A motion was made by Commissioner Miller, seconded by Commissioner Lowry, to recommend for  approval 24-1511. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1) 

24-1512 

Sponsored by: TONI PRECKWINKLE (President) and TARA S. STAMPS, Cook County Board Of  Commissioners 

PROPOSED RESOLUTION

Family Properties 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: Family Properties LLC 

Address: 1023 Cernan Drive, Bellwood, Illinois  

Municipality or Unincorporated Township: Village of Bellwood 

Cook County District: 1st District  

Permanent Index Number: 15-16-213-025-0000  

Municipal Resolution Number: Resolution Number  

Number of month property vacant/abandoned: Number of months vacant  

Special circumstances justification requested: Yes or No  

Proposed use of property: What will this property be used for?  

Living Wage Ordinance Compliance Affidavit Provided: Yes or No  

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 defines abandoned property as buildings and other structures that, after having been vacant and unused for more than 24 continuous months, there has been no purchased for value by a purchaser and the property is in need of substantial rehabilitation ; and 

WHEREAS, in the instance where the property does not meet the definition of abandoned property, the  municipality or the Board of Commissioners, may determine that special circumstances may exist that justify finding that the property is abandoned for purpose of Class 6b; and 

WHEREAS, in the case of abandonment of over 24 months and no purchase for value by a disinterested buyer, the County may determine that special circumstances justify finding the property as being deemed abandoned; and

WHEREAS, Class 6b requires a resolution by the County Board validating the property as abandoned for the purpose of Class 6b; and 

WHEREAS, the municipality states the Class 6b is necessary for development to occur on this specific real estate. The municipal resolution cites the qualifications of this property to meet the definition of  abandoned with special circumstances; and 

WHEREAS; industrial real estate is normally assessed at 25% of its market value, qualifying industrial real estate eligible for the Class 6b can receive a significant reduction in the level of assessment from the date that new construction or rehabilitation has been completed, or in the case of abandoned property  from the date of substantial re-occupancy. Properties receiving Class 6b will be assessed at 10% of the  market value for 10 years, 15% for the 11th year and 20% in the 12th year; and  

NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Commissioners of the  County of Cook, that the President and Board of Commissioners validate the above-captioned property is deemed abandoned with special circumstances under the Class 6b; and  

BE IT FURTHER RESOLVED, that the County Clerk is hereby authorized and directed to forward a certified copy of this resolution to the Office of the Cook County Assessor 

A motion was made by Commissioner Miller, seconded by Commissioner Lowry, to recommend for  approval 24-1512. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1) 

24-1522 

Sponsored by: TONI PRECKWINKLE (President) and FRANK J. AGUILAR, Cook County Board  Of Commissioners 

PROPOSED RESOLUTION 

Ingredion 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: Ingredion Inc.  

Address: 6400 S Archer Rd, Bedford Park, Illinois

Length of time at current location: Since 1901

Length of time property under same ownership: Since 1901  

Is there evidence supporting 10 years of the same ownership and/or occupancy (tenancy): Yes Age of the Property (Building): All buildings over 20 years old 

Municipality or Unincorporated Township: Village of Bedford Park, Resolution No. 23-022  Cook County District: 16th District 

Permanent Index Number(s): 18-14-400-003-0000,18-14-401-005-0000, 18-23-200-001-0000,  18-23-201-002-0000, 18-23-201-004-0000, 18-23-201-012-0000, 18-23-201-015-0000,  18-24-100-003-0000 and 18-24-100-016-0000 

Municipal Resolution Number: Village of Bedford Park, Resolution No.  

Evidence of Economic Hardship: Yes  

Number of blighting factors associated with the property: Evidence of 6 Blight factors, Dilapidation,  Deterioration, Obsolescence, Lack of Ventilation, Excessive Land Coverage, and Inadequate Utilities.  

Has justification for the Class 6b SER program been provided?: Yes 

Proposed use of property: Industrial - Manufacturing: Yes 

Living Wage Ordinance Compliance Affidavit Provided: Yes  

WHEREAS, the Cook County Board of Commissioners has adopted a Real Property Assessment  Classification 6b Sustainable Emergency Relief (SER) that provides an applicant a reduction in the assessment level for a long-term existing industrial enterprise that meets the qualifications of the SER program; and 

WHEREAS, the Cook County Classification System for Assessment requires that an applicant under the Class 6b SER program provide evidence justifying their participation in the subject program; and 

WHEREAS, Class 6b SER requires a resolution by the County Board validating the property for the  purpose of the Class 6bSER Program; and

WHEREAS, the industrial enterprise that occupies the premises has been at the same location for a  minimum of ten years prior to the date of the application for the Class 6b SER Program; 

WHEREAS, the industrial enterprise that occupies the premises has submitted evidence of economic  hardship to the Cook County Bureau of Economic Development supporting a determination that  participation in the Class 6b SER Program is necessary for the industrial enterprise to continue its  operations at its current location and maintain its staff, and without the Class 6b SER the industrial  enterprise would not be economically viable causing the property to be in imminent risk of becoming vacant and unused; and 

WHEREAS, the applicant is not receiving another Cook County Property Tax Incentive for the same  property; and  

WHEREAS, the municipality states the Class 6b SER is necessary for the industrial enterprise to  maintain is operations on this specific real estate. The municipal resolution cites the qualifications of this  property to meet the definition of the Class 6b SER program; and 

WHEREAS, industrial real estate is normally assessed at 25% of its market value, qualifying industrial  real estate eligible for the Class 6b SER can receive a significant reduction in the level of assessment from  the date that the application is approved by the Cook County Assessor. Properties receiving Class 6b SER will be assessed at 10% of the market value for 10 years, 15% for the 11th year and 20% in the 12th  year; and  

WHEREAS, the applicant understands that the Class 6b SER classification is not renewable and also the applicant vacates the specific real estate while the Class 6b SER is in place the designation will terminate and the assessment level will immediately revert back to the 25% assessment level; and  

NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Commissioners of the County of Cook, that the President and Board of Commissioners validate the above-captioned property is  meets the requirements of the Class 6bSER Program; and  

BE IT FURTHER RESOLVED, that the County Clerk is hereby authorized and directed to forward a  certified copy of this resolution to the Office of the Cook County Assessor 

A motion was made by Commissioner Miller, seconded by Commissioner Lowry, to recommend for  approval 24-1522. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1)

ADJOURNMENT 

A motion was made by Commissioner S. Morrison, seconded by Commissioner Lowry, to adjourn  the meeting. The motion carried by the following vote: 

Ayes: Gainer, Anaya, Lowry, Miller, Moore, Morita, K. Morrison, and S. Morrison (8) Absent: Britton (1) 

https://cook-county.legistar.com/View.ashx?M=M&ID=1182766&GUID=C30E0EF4-7800-4306-A3DB-0B7A228B397F