Class 6b tax incentive renewed for Robert Burke property

The Business and Economic Development Committee recommended approval of a renewal of the Class 6b property tax incentive for Robert Burke’s industrial property in unincorporated Cook County. The resolution confirms continued eligibility and extends reduced assessments to support job retention and local economic benefits.

Document date · June 9, 2022

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Renewal of 10 years at 10% assessment, year 11 at 15%, year 12 at 20%

Renewal

Renewal of an existing Class 6b incentive in unincorporated Cook County; Class 6b incentives are renewable between years 10 and 12 and provide assessments at 10% for years 1-10, 15% in year 11, and 20% in year 12. This action validates continued reduced assessments under the renewal.

Document type

Minutes

Source document

Cook County Business and Economic Development Committee Minutes June 2022

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cook County?

Burke, Robert was awarded this financial services contract by Cook County, as recorded on June 9, 2022.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Cook County Business and Economic Development Committee Minutes June 2022 (Minutes), dated June 9, 2022 from Cook County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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