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Home My WebLink About7.3 Renewal of Cook County Class 6B Tax IncentiveBoardDocs® Pro Page 1 of 2 Agenda Item Details Meeting May 1, 201 - REGULAR MEETING OF THEM UT PROSPECT VILLA ARD - 7:00 p.m. SubjectSUPPORT O INCENTIVE FOR THE PROPERTY LOCATED AT 1697 IMPERIAL COURT. Type Action Preferred D . Absolute 1 ImpactFiscal • Recommended Action Adopt the Resolution in support of a renewal of a Cook County Class 6b tax incentive for the property located at 1697 Imperial Court. Public Content Information Attached to this memorandum is a resolution that would grant approval of a renewal of a Class 6b property tax incentive for Mackey Building Corporation for their property located at 1697 Imperial Court. The renewal would be for an additional 12 years and would enable their tenant, The Mail House, to maintain their manufacturing operation in their current location. The original 6b incentive was approved when the property was located in unincorporated Cook County back in 2009. The Village has granted several Cook County Class 6b tax incentives to attract and retain businesses. The 6b incentive reduces the assessment level for qualified manufacturing and warehouse/distribution facilities from 25% to 10% for the first 10 years, 15% for year 11 and 20% in year 12. After year 12, the assessment level returns to the full 25% for the benefitting property. The 6b incentive can also be renewed for additional 12 - year terms if supported by the Village. The Mail House currently employs approximately 15 individuals at their facility and hires an additional 25 individuals during peak times. They specialize in digital and offset printing with multiple high-speed digital printers and a complete variety of in-line finishing techniques. The Applicant is requesting the Class 6b abatement to maintain their taxes at around $1.50 per square foot for their property. If the extension is not granted, they estimate that their tax bill would rise to $3.50 per square foot. Similar properties in nearby Lake and DuPage County range from $1 to $1.50 per square foot. Alternatives 1. Adopt the resolution in support of a renewal of a Cook County Class 6b tax incentive for the property located at 1697 Imperial Court. 2. Action at discretion of Village Board. https://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login 6/8/2018 BoardDocs® Pro Page 2 of 2 Staff Recommendation Staff recommends that the Village Board adopt the resolution in support of a renewal of a Cook County Class 6b tax incentive for the property located at 1697 Imperial Court. .1 G C.)Iii C.) cove�i- df 6:'.- 7 'll."��l,'�l�"ii��-)e��i,-,��i�� Cou�i,-'�-�-- 6b �-')df 397 K[:.13) D :'.- 7 e ��i, 6bIIID IIIA III:.3uIii IIIdIii ing 1�s6V-i.:-i&n III -)df (74- IIS III,) Administrative Content Executive Content Motion & Voting Adopt the Resolution in support of a renewal of a Cook County Class 6b tax incentive for the property located at 1697 Imperial Court. Motion by Richard Rogers, second by Michael Zadel. Final Resolution: Motion Carries Yea: William Grossi, Paul Hoefert, Richard Rogers, Colleen Saccotelli, Michael Zade' https://www.boarddocs.com/il/vomp/Board.nsf/Private?open&login 6/8/2018 i, .. i„ ..,,„,� II„. ... m ... ° IIV � u pii ipl i,,„.... i�„ ..„„, i„ ...� .,,i � ..... p,,.„..� .. i, '� _1 11 IIIIII� III .. u° 19j1j l h0j im ..11111 :'.ull .L ull . .I 1 ii � i� ui im...... a ..him ..uR°: III..... ui pppppppi 116 ()11I 111/11les' Im:pelial C'OL[11, A40'L'[Ifl, Iml°OSP01, 11, .0 43'9 April 17, 2018 William Cooney, AICP Director of Community Development Village of Mount Prospect 5o S. Emerson Street Mount Prospect, IL 60056 Re: Cook County Property Tax 6b Incentive for 1697 West Imperial Court, Mount Prospect (PIN: 08-23-101-034-0000) Dear Mr. Cooney: We are writing to you today to ask for a Resolution from the Village of Mount Prospect which would support an extension to the Cook County Property Tax 6b Incentive set to expire on December 31, 2018 for 1697 West Imperial Court (PIN: 08-23-101-034-0000) We recently secured a new tenant in the building at 1697 West Imperial Court which was only possible by utilizing the financial benefits provided by the 6b incentive to provide a rental rate competitive with similar properties in DuPage County (-1 mile south). Following is an overview of our tenant, and the benefits the Village receives with them being part of the community: Business Name: The Mail House Description of business: The Mail House specializes in Digital and Offset printing with multiple high-speed digital printers and a complete variety of in-line finishing techniques. They also offer full color personalization services, high speed VideoJet° imprinting services, custom identification badges, and full bindery services. Number of employees: FULL-TIME PART-TIME PEAK -TIME TOTAL 12 3 25 40 Financial benefits realized by The Village: • The Mail House paid over $4,000 in Illinois Sales Tax in Q1 2018 (forecasting > $16,000 annually). ® The Mail House employees patronize local restaurants daily for lunch, dinner, and the occasional on-site employee event. ® The Mail House utilizes local Mount Prospect businesses (Addison Material, ACE Hardware, etc) whenever possible for supplies and building materials required for their daily operation. • The Mail House is a tremendous addition to the neighborhood, employing veterans who proudly display the United States flag on their flag pole every day. Thank -you for your help securing the requested resolution. Please let me know if you have any questions or need additional information. Best regards, Dan Mackey Mackey Building Corporation 1691 W. Imperial Court, Mount Prospect, IL 60056 Office: (847) 439-2550 Cell: (847) 921-3378 0 0 CIC, COOK COUNTY ASSESSOR'S OFFICE COOK COUNTY AsSESSOR 118 NORTH CLARK STREET, CHICAGO, I L 606Oi2 PHONE: 312.443.7550 FAX-, 312,6 03.3352 JOSEPH BERRIOS V*M.COOKCOUNTYASSESSOR.COM CLASS 61318 Control Number RENEWAL APPLICATION I A certified copy of the resolution or ordinance obtained from the municipality in which the real estate is located, or from the Cook CoBoard of Commissioners if located in an unincorporated area, miust accompany this Renewal Application. This application, resolution and a filing fee of $500.00 must be filed. For assistance in preparing this Renewal Application, please contact the Cook County Assessor's Office Development Incentives Department at (312) 603-7529. Name"MACKEY BUILDING CORPORATION Telephone: ( 847 439-2550 Address- 1691 W. IMPERIAL COURT City, State: MOUNT PROSPECT, ILLINOIS - Zip Code" 60056 Email Address- DANM@MAINTROPHYSUPPLY.COM 4=910� Name: DAN MACKEY Address: 1691 WEST IMPERIAL COURT City, State-. MOUNT PROSPECT, ILLINOIS Telephone- ( 847 ) 439-2550 EmailAddress: DANMcr. MAINTROPHYSUPPLY.COM NR. r „ •;- •r••- J Street address: 1697 WEST IMPERIAL COURT C4, State- MOUNT PROSPECT, ILLINOIS Permanent Real Estate Index Number (s): Township: ELK GROVE - Zip Code 08-23-101-034-0000 60056 60056 0 1 a I ^ a,.• Attach a current and complete list of all owners, developers, occupants and other interested parties (including all beneficial owners of a land trust) identified by names and addresses, and the nature and extent of their interest, Attach legal description, site dimensions and square footage, and building dimensions and square footage. Attach a current and detailed description of the precise nature and extent of the use of the subject property, specifying in the case of multiple, uses the relative percentages of each use. If there have been any changes from the original application, include current copies of materials which explain each occupant's business, including corporate letterhead, brochures, advertising material, leases, photographs, etc. LIF�ZFHW Me ISTM Indicate the nature of the original development receiving the Class 613/8 designation New Construction Substantial Rehabilitation Occupation of Abandoned Property - No Special Circumstance [x] Occupation of Abandoned Property -With Special Circumstance How many permanent full-time and part-time employees do you now employ? On -Site: Full-time: 15 Part-time: 15 In Cook County- Fuil-time- 15 Part-time: 15 A certified copy of a resolution or ordinance from the municipality in which the real estate is located (or the County Board, if the real estate is located in an unincorporated area) must accompany this renewal. The ordinance or resolution must expressly state that the municipality supports and consents to this Class 613/8 Renewal and has determined that the industrial use of the property is necessary and beneficial to the'local economy. 2 --------- DAN MACKEY --------- 1, the undersigned, certify that / have read this Renewal Application and that the statements set forth in this Renewal Application and in the attachments hereto are true and cors ct, except as those matters stated to be on information and belief and as to suctMma'tters the undersigned certifies that helshe believes the same to be true. Signature DAN MACKEY Print Name VICE-PRESIDENT Herz APRIL 5, 2018 Date Revised November 4, 2014 INCENTIVES CLASS LIVING WAGE ORDINANCE, AFFIDAVIT DAN MACKEY OF MACKEY BUILDING CORP as agent for the applicant set forth below, who is seeking a classification incentive as referenced below, I do hereby state under oath as follows: 1. As, the agent for the applicant set forth below, I have personal knowledge as to the facts st,-2.te#'. Wereit. 2. The property identified by PIN(s) with commonly known address(es)i, listed in Exhibit A attached and; herein incorporated, are/is the subject of a pending application/renewal (circle, as appropriate) for one of the following development incentives provided by the Code of Ordinances of Cook County, Chapter 74, Article 11, Division 2, The Cook County Real Property Assessment Classification Ordinance, Sec.74-60 et seq., as amended - X Class 6b Class 8 (industrial property) _ Class 9 4. The Cook County Assessor's Office has issued the following control number regarr?§ this application/renewal (circle as appropriate), 4. 1 have reviewed the Code of Ordinances of Cook County, Cook County Living Wage Ordinance, as amended (the "Ordinance"), and certify that the applicant is in compliance with the above referenced Cook County Living Wage Ordinance, due to one of the following options (check as appropriate) - X Applicant is currently paying a living wage to its employees, as defined in the Ordinance. WE -b# b. TIM 11, Furth r ali! say th not. t -PRESIDENT DAN MACKEY, VICE Agent's Sign, Agent Name & Title 1691 W IMPERIAL COU T MOUNT PROSPECT, IL6 F56 , 056 847-439-2550 Agents Mailing Address Agent's Telephone Number 1691 W IMPERIAL COURT MACKEY BUILDING CORPORATION MOUNT PROSPECT, IL 60056 Applicant's Name Applicant' 8 M—aiTFn§A_dUcess DANM@MAIN'TROPHYSUPPLY.COM Applicant's e-mail address Subscribed and sworn before -,me this day 20 1-7 1/30/15 EXHIBIT A type or Print) 1691 W. IMPERIALCOURT MOUNT PROSPECT,60056 1/30115 [ This is page is blank intentionally] A W1 - 08-23-101-034-0000 =1��IMIMMI LEGAL DESCRIPTION: Lot 4 and the West 40.0 feet of Lot 5 in Algonquin -Busse Industrial Park, being a subdivision of part of the West half of the Northwest quarter of Section 23, Township 41 North, Range 11 East of the Third Principal Meridian, according to the plat thereof recorded July 29, 1968 as Document 20S65713, in Cook Couinty, Il,inois. 1111 1 1111�ljii 111�lgflzml 91,111 MOUNT PROSPECT, IL 60056 Phone: (847) 439-25,50 Email: -n ..... ..... ... . . ............. -.-- L g,2 !I MIMSM01,01MMI PIN: 08-23-101-034-0001 W1101 1,11111gM, WLrjjfiMK;j= The property is currently being used by a company who specializes in digital and offset printing with muftiple high-speed digital printers and a complete variety of indine finishing techniques. They also offer full color personalization services, high speed VideojetO2 imprinting services, custom identification badges, and full bindery services. C�opies of t�heir sales brochure and lease are shown below. n q j1OUSS All u,0 FF c T F, �R�, � NCY F`Ul, L (AXOR rRSONM " IZIPU SEPMC H GPif.`, E :D 'A �,)E 0, J Ll` NIPNI 017 NE.,., S E, d,A, DREC7 NAN, H1 FEED LA BEI *4 IS,, VWJ'r F ER S FAL i hi r , Gf, U E I R4,G E� ADGES BONDERY SERVbCES vr v"- I m"'I W11 A 1, 10 1"A Iv; i;:) W, ,�A -I, N, 11bIAI V:1, 560 Liveiy Boiulev�.-Iird Elk Grave Viltage, fl. (50007 Phone 8471952-9700 Fax 947/952-9732 ouse wwwv, i ri:a: n � ho Lis e d na ,,com "'r P F"' I N T I F-13, E' G D I c'. -i" i wi,�Li.:, tsleol", I On Diernand is Any!Quantity & Fast o Alf", )rzloble "0"( Muffipf,e Ffigh-speed digitat printers voith!up to,1200 dpi resolution C,ornplete variety of in -6rke finishrinig techniqUes including Coiwr Cover Sheets, firiserts,'Tabs &, Foiders Digital Spot Varriiish cr White Ink Applicatiott (per fi,'+ctiso r dark stoc:ks) 11m,ULL. COLOR PERSONALIZATION SERVICE Letters - hwoirce5 - staternents- Furtdrarra ing t4affings - Letter, Legal or Ledger Size Specializing in rwiliatchi-MaRings - Singleto 4 Cotor Persona Rzafl on HIGH --,SPEED VIDE()JET IMPRINTING SYSTEMS Custqmir'Variabte h,'npr1nt",rq - 300 to 600 dpi ujith any F,ont f1i k"wthAddressing, Mapping, Messaging & Imprinting with, ii 1 -leads or Sohierit Base Addressing DIRECT' MAIL SERVICES Full aLftrllatiOP7 FMIR Ca')abilffies cornplete generatioira M aill Postal Doctmentation and Reports lJoerised (,'.OA Agient (IMM'full service, 48 rnonths) HI -SPEED LABELING,)WAFER SEALING, GLA11E,-SEALING kutornaflc Labet, Mfafiew'�oea1hrig arml G � ue- seali, gAp p tic a ta irs Lhie Stamping - Regular, Standard or 14ot for Profit - Labefing up to widths of 411 cus-rom IDENTIF101,O.',Aarm[ ION BADGES �P ersonalized Custon't Converitiorb aridEverit Tags or Con'ipany Idenbfication Badges - any size Durabte 30 mH Ba.dges - Motted puncf,�wcIffm attacimnients Waterproof I armnathng Services fvro,,,'n ]1-7 rrwitto 3.0 in thkla.iess BINDERY SERVICES C,gait Binding h"i Anq ("olorr, Perfect Biriding & Saddle Sfitchir�ug Po[y ba,,ggirig & IIand and Autom.atic Faiding & Inserthig NEW EQL)IPMENT ROL.L I.MAINATION SEF?rVICE L 7rnit to, Jblrnil tlisalc:ktiess C11ANNEL SCORING For that M, -)rd to foldpi,.-,ce r'roMA'11C Pa" L.Y'BAGG1NG,,n'N.J 51-iRINK WRAPPING F10INTOF PURCHASE DISF�LAYS and Pos"rERS TIJIS VEASU lll,,,IJc July 10. 2017 betiveen: p4moms" TENUMN7T., STATE ERTOPLkTED- Kemep, T-uc..,,,m Illitoiscotporation&b�`a The INlail Hui ;,e 1697 Lnpehal Covut:, Moimt Pfospect, lL 60056 SQ7,T_T.APl FOOTAGE OF PRE IViDSES- An agreed upoft 19J00 reatable scywe feet 16,97 Iwkleerest impei-i-al Cowl. Nkiml.lei lospect-I EL 6M)56 Subject to the ternrre ind of tIns Lea,.,e, Lmi&ord, litreby leases, to Teilainand Temmat, Lere.iy lemes from Lmdlord, the Pre_5 de,,ctibed abol;e wita Ed-�bit A, attached hereto wid made a pm -t heieof In the cortex -t of tEs Lease, nwid iuiless specifically pro-%dded to the coiltmrv. ccm,eilt i -L-, 'to be 1 P 12' eiL id coji,,.�ent shan not be =eatfmably 71" aid withheid. condidoned oi,,clelayed. Eu comi6elition thereof 'the uties coveilarit mad apee as tlx.R,MCIJEU RENT&TERNI I'l 'I erl r� The lease teiarm ("'fet'll"I JS I'Viiiri.Aug I m;t 1,� 1-017 ("Ten't C of 10 JN0VVMhVT 31), 2,022 TenailTsLall pn,,,'r to LaricUciA', withouit aiWsetoffor &ducT!cAiLs., Ba�,e Re-nt for d1wing th e Tei m, in im ta Ihments � n im th-7 y m advauc e . .3 5A fo U L) v,,,s: Froin 81,1/2017 To 9�,130v'2017 2 10;1`20 17 111,120 17 1 1/3,R,20,17 ll,`3Ct,!2018 2 12 049 1-1 12/1/2,019 121'l 12020 11/30,20210 1 1,`3�0v,,,210,2 1 12 12 Teum.r. Keene, I ur (, c1l) a Th, c- ',k Izal Hotise) Laadlai.4, MSCIFEY BUIIA24=01 CO -T un g. ld97Wesrhnpenil,,C"Iowr-2ylo:tit Pry ,5p�,ccro-600-�,A Lease Tpj,=.,- Aumt L 2017 -"Novembei 30 20.2 2 #000INTMLN7TAL, 2,70,R2,yLkr:DDN BE ==- 4 ?A ACILE Y 7"NC,41, 09-R-455 RESOLUTION Sponsored by THE HONORABLE TODD H. STROGER PRESIDENT'OF THE COOK COUNTY BOARD OF COMMISSIONERS 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 industrial facility; and WHEREAS, the County Board of Commissioners has received and reviewed an application from Mackey Building Corporation, for an abandoned industrial facility located at 1697 West Imperial Court, Mount Prospect, unincorporated Cook County, Illinois, County Board District #15, Property Index Number 08-23-101-034-0000; and WHEREAS, Cook County has defined abandoned property as buildings and other structures that, after having been vacant and unused for at least 24 months, are purchased for value by a purchaser in whom the seller has no direct financial interest; and WHEREAS, Cook County has defined an exception to this abandoned property definition shall be, if the municipality or the Board of Commissioners, finds that special circumstances justify finding that the property is abandoned for purpose of Class 6b,; and WHEREAS, in this case the property has been abandoned for more than 24 months there has been purchase for value, and being that the property is in `unincorporated Cook County, it has been determined that special circumstances exist; and WHEREAS, Class 6b requires a resolution by the County Board validating the property is deemed abandoned for the purposes of Class 6b; and WHEREAS, the Cook County Board of Commissioners has determined that the building was, abandoned for 25 months at the time of application, and that special circumstances are present. The property is currently (08/09') fully operational and under lease contract; and WHEREAS, the re -occupancy will create an estimated 100 jobs, the property is located in unincorporated Cook County, and reviewed by the Department of Planning and Development who has verified that Mackey Building Corporation has not been able to lease this facility for over 2 years at the time of application. Mackey Building Corporation has recently entered into a lease contract with Proteco Fire Safety by reducing the rent to be competitive in the market place and secure a tenant, and in order for this to be a successful endeavor the Class 6b is necessary for development to occur; and WHEREAS, the applicant acknowledges that it must provide an affidavit to the Assessor's Office stipulating that it is in compliance with the County's Living Wage Ordinance prior to receiving the Class 6b incentive on the subject property, NOW, THEREFORE, BE IT RESOLVED, by the President and Board of Commissioners, of tile County of Cook, State of Illinois, that the President and Board of Commissioners validate the property located at 1.697 West Imperial Court, Mount Prospect, unincorporated Cook County, Illinois, is deemed abandoned with special circurnstances 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. Approved and adopted this l6th day of September 2009. TODD11, S'rROG R, President Cooly County Board of Commissioners Attest; DAVID ORR, County Cleric RESOLUTION NO. A RESOLUTION IN SUPPORT OF MACKEY BUILDING CORPORATION, 1697 WEST IMPERIAL COURT, MOUNT PROSPECT, ILLINOIS, MAKING APPLICATION FOR A RENEWAL OF COOK COUNTY CLASS 6B TAX ABATEMENT WHEREAS, the Village of Mount Prospect encourages community development to provide for economic growth and career opportunities; and WHEREAS, through property tax incentives offered by Cook County, various opportunities exist for industrial properties in the Village of Mount Prospect, Cook County; and WHEREAS, without the Cook County property tax incentives, the Village of Mount Prospect is at a competitive disadvantage with the neighboring counties of Lake and DuPage in attracting industrial development; and WHEREAS, Mackey Building Corporation, has requested the Village of Mount Prospect support its application for Extension of the Class 6B Real Property Classification at 1697 West Imperial Court, Mount Prospect, Cook County (Property); and WHEREAS, the corporate authorities of the Village of Mount Prospect believe that their request is in the best interest of the economic development in the Village of Mount Prospect. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the Mayor and Board of Trustees of the Village of Mount Prospect do hereby support and consent to the application for the Class 6B Renewal of a property tax reduction from 25% to 10% for years 1 through 10, 15% in year 11, and 20% in year 12 from Cook County for the Property located at 1697 West Imperial Court, and legally described as: LOT 4 AND THE WEST 40.0 FEET OF LOT 5 IN ALOGONQUIN-BUSSE INDUSTRIAL PARK, BEING A SUBDIVISION OF PART OF THE WEST HALF OF THE NORTHWEST QUARTER OF SECTION 23, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED JULY 29, 1968 AS DOCUMENT 20565713, IN COOK COUNTY, ILLINOIS. PIN: 08-23-101-034-0000 SECTION TWO: That the Village of Mount Prospect supports industrial growth, increased employment and economic development and the "property' is in furtherance of this goal. SECTION THREE: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this 15th day of May, 2018. Arlene A. Juracek Mayor Karen M. Agoranos Village Clerk