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Aldermen endorse 5 property tax breaks, reappointment of Human Resources Board chairman
The City Council’s Committee on Economic, Capital and Technology Development unanimously endorsed five property tax breaks with no debate. The tax breaks are:- R2018-677 — The tax break would benefit RLS, LLC, which plans to build a 75,000-square-foot industrial cold storage warehouse at 2639-59 S. Damen Ave. in the 25th Ward. The break would save the firm $1.16 million over 12 years and allow it to add 20 new employees to its 45-person staff, officials said.
- R2018-680 — The tax break would benefit Brite Logistics, Inc., which plans to operate a transportation and warehousing logistics business in a formerly vacant building at 5000 S. Homan Ave. in the 11th Ward. The break would save the firm $1.3 million over 12 years and allow it to hire 15 new employees to its 100-person staff, Ald. Patrick Daley Thompson (11) said.
- R2018-682 — A renewal of a tax break benefitting Van Meter, Inc., a wholesale electrical supply distributor at 217 S. Western Ave. in the 27th Ward. The break would save the firm $422,500 over 12 years.
- O2018-5002 — The tax break would benefit TVB, LLC, which plans to renovate an abandoned building at 5214-32 S. Archer Ave. into a restaurant and banquet hall in the 14th Ward. The break would save the firm $94,000 over five years and allow it to add 10 full-time and part-time employees, officials said.
- O2018-4997 — The tax break would benefit Luigis Paisans Pizza Pulaski, Inc., which plans to build a new commercial building of approximately 7,253 square feet that will include a restaurant at 6535 S. Pulaski Road in the 13th Ward. The break would save the firm $782,000 over 12 years and allow them to hire 45 new full-time employees and 15 part-time.
In other action, the council’s Workforce Development Committee approved Mayor Rahm Emanuel’s reappointment (A2018-56) of Salvador A. Cicero as a member and chairman of the Chicago Human Resources Board. An attorney, Cicero was first appointed to the board by Emanuel in 2014.
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