Ordinance O2024-0010106
Passed
Non-Routine
Ward Matters
Economic Development
Tax Incentives
Support of Class 6(b) tax incentive for property at 1621-1625 W Carroll Ave
Auto-generated summary
Graymont Properties, LLC, owner of a 22,320 square foot industrial facility in Chicago, has the City Council's support for a Class 6b classification, providing tax incentives under the Cook County Tax Incentive Ordinance. The Office of the Assessor of Cook County granted the Class 6b tax incentive, and the applicant has filed for its renewal. The ordinance aims to encourage industrial development through property tax relief.
Sponsors
| Sponsor | Ward | |
|---|---|---|
|
Johnson, BrandonPrimary Sponsor |