REPORT OF THE COMMITTEE ON FINANCE REAL
ESTATE and BUSINESS and ECONOMIC DEVELOPMENT
The Honorable,
The Board of Commissioners of
ATTENDANCE
|
Present: |
Chairman Goslin, Vice Chairman Beavers, Commissioners |
|
Absent: |
Commissioners Gorman (1) |
|
Also Present: |
Commissioners Daley, Murphy, Quigley, Silvestri and Sims;
Anna Ashcraft, Special Assistant, Office of the President and Raymond
Muldoon, Director of Real Estate Management Division |
Ladies and Gentlemen:
Your Committee on Finance Real Estate and
Business and Economic Development of the Board of Commissioners of Cook County
met pursuant to notice on
Your Committee
has considered the following items and upon adoption of this report, the
recommendations are as follows:
|
288050 |
REAL ESTATE MANAGEMENT DIVISION, by Raymond Muldoon,
Director, transmitting a Communication, dated requesting authorization from the Board of Commissioners
of Cook County that certain parcels of real estate owned by the County of
Cook located at the Oak Forest Hospital of Cook County Campus, 15900 South
Cicero Avenue, Oak Forest, Illinois be declared excess, be made available for
sale, and sold at no less than the current fair market value determined by a
certified appraisal. The subject property is comprised of the real estate located
south of the campus on It has been determined by all agencies involved that the
subject property is no longer needed for County purposes and can be released
for sale. Approval recommended. |
*Referred to the Finance Real Estate and
Business and Economic Development
Subcommittee on
*Approved at the Finance Real Estate and Business and Economic
Development Subcommittee on
Anna Ashcraft, Special Assistant, Office of the President, gave
a presentation on the property located at
The City of
In the 1900’s the
(See attachment #1.)
Ray Muldoon, Director of Real Estate Management Division,
stated in the month of May a (RFQ) Request for Qualification and (RFP) Request
for Proposal were sent out for an appraiser and a surveyor. The Real Estate Division selected two
appraisers Byrnes Houlihan & Walsh and SAS
Appraisal an surveyor company S Claussen
& White.
Commissioner Murphy asked whether the State of
Ms. Ashcraft replied the State of
Commissioner Peraica,
seconded by Chairman Goslin, moved the approval of Communication No. 288050.
The motion carried unanimously.
|
288061 |
RESOLUTION DETERMINING THE NEED TO
REVIEW AND AMEND THE The following is a synopsis of the
Resolution. PROPOSED RESOLUTION A RESOLUTION DETERMINING THE NEED TO REVIEW AND AMEND THE IN ORDER TO CLARIFY THAT REAL ESTATE USED FOR INDUSTRIAL
PURPOSES INCLUDES USE BY BUSINESS ENTITIES ENGAGED IN THE CREATION OF
COMPUTER AND INTERNET TECHNOLOGY AS WELL AS INFORMATION TECHNOLOGY AND
PRODUCTS WHEREAS, there exists the Real Property Assessment
Classification Ordinance, as from time to time amended (amended November 29,
1976; June 6, 1977; September 19, 1977; May 16, 1978; January 2, 1979; March
3, 1980; September 2, 1980; October 3, 1983; April 2, 1984, November 18,
1985; May 19, 1986; June 20, 1988; September 5, 1989; December 18, 1989;
March 16, 1992; December 6, 1994; November 19, 1996; May 6, 1997; November
23, 1999; April 18, 2000; September 6, 2001; December 4, 2001; April 9, 2002;
July 13, 2004; December 14, 2004; January 18, 2006; February 15, 2006;
November 2, 2006; and May 15, 2007); and WHEREAS, the Cook County Board has determined that there
is a need to review and amend the Cook County Real Property Assessment
Classification Ordinance to clarify that real estate used for industrial
purposes includes use by business entities engaged in the creation of
computer and internet technology as well as information technology and
products. NOW, THEREFORE, BE IT RESOLVED, by the Section
1. The above referenced recitals are
hereby incorporated into this Resolution. Section
2. The use of real estate in Section
3. The Real Estate & Business
& Economic Development Subcommittee of this Board should consider the
issue of whether the Cook County Real Property Assessment Classification
Ordinance has been kept current to reflect the use of real estate by business
entities engaged in the creation of computer and or internet technology as
well as information technology and products and make recommendations as to
any appropriate amendments to the Cook County Real Property Assessment
Classification Ordinance. |
*Referred to the Finance Real Estate and
Business and Economic Development
Subcommittee on
*Approved at the
Finance Real Estate and Business and Economic Development Subcommittee on
Commissioner Schneider indicated that in Communication No.
288061 the resolution attempts to bring the Class 6B classification into the
21st century. Large computer facilities
and data centers will house billions of computer information for IBM, Sony,
Google, Micro-Soft and multitude of large internet technology companies. The Assessor’s Office agreed that these high
tech industries dealing with computers and its technology should qualify for a
Class 6B insensitive.
Commissioner Peraica commented that
Commissioner
Schneider, seconded by Commissioner Peraica, moved the approval of
Communication No. 288061. The motion carried unanimously.
Commissioner Peraica moved
to adjourn the meeting, seconded by Commissioner Schneider. The motion carried and the meeting was
adjourned.
YOUR COMMITTEE
RECOMMENDS THE FOLLOWING ACTION WITH REGARD TO THE MATTERS NAMED HEREIN:
Communication
Number 288050 Approved
Communication
Number 288061 Approved
|
|
Respectfully
submitted, Committee on Finance Real Estate and Business and Economic
Development xxxxxxxxxxxxxxxxxxxxxxxxxxxxx Gregg
Goslin, Chairman |
Attest:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Matthew B.
DeLeon, Secretary
** The audio recording for this meeting is available from
the Office of the Secretary to the Board,