Village of Tinley Park Economic Development and Marketing Committee met July 24.
Here is the minutes provided by the Committee:
Members Present: C. Berg, Chairman
M. Pannitto, Village Trustee
Members Absent: None
Other Board Members Present: J. Vandenberg, President - Arrived 6:01 p.m.
K. Thirion, Village Clerk - Arrived 6:02 p.m.
B. Younker, Village Trustee - Arrived 5:57 p.m.
W. Brady, Village Trustee - Arrived 5:56 p.m.
Staff Present: D. Niemeyer, Village Manager
P. Carr, Assistant Village Manager
P. Hoban, Economic Development Manager
M. Thomas, Information Technology Director
K. Workowski, Public Works Director - Arrived 5:55 p.m.
P. Connelly, Village Attorney
L. Carollo, Commission/Committee Secretary
Item #1 - The Special Meeting of the Economic Development and Marketing Committee was called to order at 5:50 p.m.
Item #2 – CONSIDER APPROVAL OF THE MINUTES OF THE REGULAR ECONOMIC DEVELOPMENT AND MARKETING COMMITTEE MEETING HELD ON MAY 22, 2018 – Motion was made by Trustee Pannitto, seconded by Chairman Berg, to approve the minutes of the Regular Economic Development and Marketing Committee Meeting held on May 22, 2018. Vote by voice call. Chairman Berg declared the motion carried.
Item #3 – DISCUSS COLLISION DAMAGE EXPERTS (CDE) CLASS 7 - Lake Kagon (applicant) plans to open an additional Collision Damage Experts (CDE) location in Tinley Park. CDE has multiple locations in Illinois, Indiana and Michigan, high customer satisfaction ratings and is very involved in the community with Together We Cope. CDE is currently located at 7400 Duvan Drive and has purchased a second location at 17500 Harlem Avenue (formerly known as Mr. G's Furniture). The 25,000 sq. ft. building is in need of many repairs, including a leaking roof and damaged masonry work. The building will be utilized as an auto body shop, specializing in repair and refinishing work. CDE plans to create 15 jobs, invest close to $2,000,000 in improvements to the additional location and possibly move their Chicagoland headquarters to the site. Sales tax currently for this location is approximately $150,000, which is expected to increase to approximately $240,000.
Lake Kagon requested a Class 7 incentive to expand CDE to 17500 Harlem Avenue, PINs 27-36-204- 022-0000 and 27-36-204-021-0000. Cook County provides the Class 7 Incentive Program, which allows the reclassification of properties to effectively lower their tax assessment from the commercial rate of 25% to the residential rate of 10%. Class 7 reclassifications provide an assessment of 10% of market value for the first ten (10) years, 15% in the eleventh year and 20% in the twelfth year.
Chuck Freiberg, President and CEO of Collision Damage Experts, was present and provided both a personal history with Together We Cope as well as a business history of CDE with the Economic Development and Marketing Committee.
Lake Kagon's Class 7 incentive request was preliminarily reviewed by the Economic Development and Marketing Committee on May 22, and was referred to the Economic and Commercial Commission (ECC) for further review. Upon review, the ECC recommended request approval on June 11.
Staff recommended Class 7 Incentive request approval for Collision Damage Experts located at 17500 Harlem Avenue.
Motion was made by Chairman Berg, seconded by Trustee Pannitto, to recommend Class 7 Incentive request approval for Collision Damage Experts located at 17500 Harlem Avenue. Vote by voice. Chairman Berg declared the motion carried.
Item #4 – RECEIVE COMMENTS FROM THE PUBLIC - No comments from the public.
ADJOURNMENT
Motion was made by Trustee Pannitto, seconded by Chairman Berg, to adjourn this Special Meeting of the Economic Development and Marketing Committee. Vote by voice call. Chairman Berg declared the motion carried and adjourned the meeting at 6:03 p.m.
http://cms6.revize.com/revize/tinleypark/document_center/Agendas%20and%20Minutes/Economic%20Development%20&%20Marketing%20Committee/Minutes/2018/072418%20spcl%20ecodevandmarket.pdf
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