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HomeMy WebLinkAbout90-R-23 Endorsing Application to the Cook County Assessor for 6b Status Designation for Renovation and Redevelopment of a Vacant Building at 1012 Chicago Avenue, Evanston, Illinois11 /27/2023 90-R-23 A RESOLUTION Endorsing Application to the Cook County Assessor for 6b Status Designation for Renovation and Redevelopment of a Vacant Building at 1012 Chicago Avenue, Evanston, Illinois WHEREAS, the City of Evanston, Cook County, Illinois, (the "City") is a home rule unit of government under the Illinois Constitution of 1970; and WHEREAS, there exists within the borders of the City a recognized need for economic development, business expansion and employment; and WHEREAS, there exists a need to aid in financing the cost of economic development projects in order to encourage an increase in commerce and industry within the City, thereby reducing unemployment and providing for the increased welfare and prosperity of the residents; and WHEREAS, the City Council desires to promote the redevelopment of vacant buildings and retain local business to allow them to expand within its borders; and WHEREAS, the Cook County Assessor operates under an ordinance which the Cook County Board of Commissioners enacted in order to encourage industrial and commercial development in Cook County; and WHEREAS, Autobarn Nissan, Inc., (the "Applicant") has applied for or is applying for Class 6b property status pursuant to said ordinance, for certain real estate, located at 1012 Chicago Avenue in the City, with the Property Index Number 11-19-213-025-0000 (the "Subject Property"), and has documented that Page 1 of 14 Doc ID: e43fOc574a4149ac39df659866OdOb1496b289cb 90-R-23 such incentive provided for in said ordinance is necessary for renovation of an existing building to occur on the Subject Property; and WHEREAS, applicant seeks affirmative support from the City of Evanston for its application to the Cook County Assessor and the City Council finds it is in the best interests of the City to support their efforts to receive this 6b designation, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That the City Council hereby grants the request of the Applicant to have the Subject Property declared eligible for Class 6b status pursuant to the Cook County Real Property Classification Ordinance because the City Council recognizes that the incentive benefits provided for in said ordinance are necessary for new construction to occur on the Subject Property. SECTION 2: The City Council hereby supports and consents to the Cook County Assessor granting the Subject Property 6b status pursuant to the Cook County Real Property Classification Ordinance. SECTION 3: The City Manager is hereby authorized and directed to sign any documents necessary to implement this resolution. SECTION 3: That this Resolution 90-R-23 shall be in full force and effect from and after its passage and approval in the manner provided by law. -2- Page 2 of 14 Doc ID: e43fOc574a4149ac39df659866OdOb1496b289cb 90-R-23 Attest: C4 Stephanie Mendoza, City Clerk Adopted: January 08 , 2024 Daniel K. Biss, Mayor Approved as to form: Alexandria 8. 6V�- Alexandra Ruggie, Corporation Counsel -3- Page 3 of 14 Doc ID: e43fOc574a4149ac39df659866OdOb1496b289cb C a p $ of co COOK COUNTY ASSESSOR'S OFFICE COOK COUNTY ASSESSOR q 118 NORTH CLARK STREET, CHICAGO, IL 60602 PHONE:312.443.7550 FAX:312.603.6584 F R I TZ KA E G I L I p �" WWW.000KCOUNTYASSESSOR.COM N CLASS 6B ELIGIBILITY APPLICATION Carefully review the Class 6B Eligibility Bulletin before completing this Application. For assistance, please contact the Assessor's Office, Development Incentives Department (312) 603-7529. This application, a filing fee of S500.00, and supporting documentation (except drawings and surveys) must be filed as follows: This application must be filed PRIOR TO the commencement of New Construction or PRIOR TO the commencement of Substantial Rehabilitation Activities or PRIOR TO the commencement of Reoccupation of Abandoned Property. Applicant Information Name: Richard Fisher Company: Autobarn Nissan Inc Address: 1015 Chicago Ave City: Evanston Email: fish2556@gmaii.com Contact Person (if different than the Applicant) Name: Company: Address: City: Email: Telephone: (847 ) 951-3360 State: IL Zip Code: 60202 Telephone: ( ) State: Zip Code: Property Description (per PIN) If you are applying for more than three different PINS, please submit the additional PIN information in an attachment. Street Address: (1) 1012 Chicago Avenue, Evanston, IL 60202 Permanent Real Estate Index Number: 11-19-213-025-0000 (2) Permanent Real Estate Index Number: (3) Permanent Real Estate Index Number: City: Evanston State: IL Zip Code: 60202 Township: Evanston Existing Class: 5-97 Attach legal description, site dimensions and square footage and building dimensions and square footage. Page 4 of 14 Doc ID: e43fOc574a4149ac39df6598660dObl496b289cb Identification of Person Having an Interest in the Property Attach a complete list of all owners, developers, occupants and other interested parties (including all heneficial owners of a land trust) identified by names and addresses, and the nature and extent of their interest. Industrial Use Attach a detail description of the precise nature and extent of the intended use of the subject property, specifying in the case of the multiple uses the relative percentages of each use. Include copies of materials, which explain the occupant's business, including corporate letterhead, brochures, advertising material, leases, photographs, etc. Emplovment Opportunities How many construction jobs will be created as a result of this development? 0 How many new permanent full-time and part-time employees do you now employ in Cook County? Full-time: 29 Part-time: 2 How many new permanent full-time jobs will be created by this proposed development? 1 0+ How many new permanent full-time jobs will be created by this proposed development? Nature of Development Indicate nature of proposed development by checking the appropriate space: [ ] New Construction (Read and Complete Section A) [X] Substantial Rehabilitation (Read and Complete Section A) Incentive only applied to the market value attributable to the rehabilitation [x] Occupation of Abandoned Property - No Special Circumstance (Read and Complete Section B) [ ] Occupation of Abandoned Property - With Special Circumstance (Read and Complete Section C) [ ] Occupation of Abandoned Property - (CEERM Supplemental Application) (Read and Complete Section C) Page 5 of 14 Doc ID: e43fOc574a4149ac39df659866OdObl496b289cb SECTIONA (NEW CONSTRUCTION/SUBSTANTIAL REHABILITATION) If the proposed development consists of New Construction or Substantial Rehabilitation, provide the following information: Estimated date of construction commencement (excluding demolition, if any): November 15, 2023 Estimated date of construction completion: February 1, 2023 Attach copies of the following: 1. Specific description of the proposed New Construction or Substantial Rehabilitation See below 2. Current Plat of Survey for subject property Attached to this document 3. lst floor plan or schematic drawings Attached to this document 4. Building permits, wrecking permits and occupancy permits (including date of issuance) 5. Complete description of the cost and extent of the Substantial Rehabilitation or New Construction (including such items as contracts, itemized statements of all direct and indirect costs, contractor's affidavits, etc) Substantial Rehabilitation & Cost Estimates 1012 Chicago Avenue was a former car dealership and is being substantially rehabilitated as an industrial mixed use facility that will include a retail store, office, warehouse area, and bakery. $1.5M Equipment purchase (not attached to the building) $ .5M Construction (walls, electrical, plumbing, HVAC) Page 6 of 14 Doc ID: e43fOc574a4149ac39df6598660dOb1496b289cb SECTION B (ABANDONED PROPERTY WITH NO SPECL4L CIRCUMSTANCE) If the proposed development consists of the reoccupation of abandoned property, purchased for value, complete (1) and (2) below: 1. Was the subject property vacant and unused for at least 12 continuous months prior to the purchase for value? [x] YES [ ] NO When and by whom was the subject property last occupied prior to the purchase for value? Autobarn Nissan Dealership - relocated to new located Attach copies of the following documents: (a) Sworn statements from person having personal knowledge attesting to the fact and the duration of vacancy and abandonment (b) Information (such as statements of utility companies) which demonstrate that the property was vacant and unused and indicate duration of such vacancy 2. Application must be made to the Assessor prior to occupation: Estimated date of reoccupation: February 1, 2023 Date of purchase: N/A _ Lease Agreement Name of purchaser: Name of seller: Relationship of purchaser to seller: Attach copies of the following documents: (a) Sale Contract (b) Closing Statement (c) Recorded Deed (d) Assignment of Beneficial Interest (e) Real Estate Transfer Declaration Page 7 of 14 Doc ID: e43fOc574a4149ac39df659866OdObl496b289cb SECTION C (SPECIAL CIRCUMSTANCES) If the applicant is seeking special circumstances to establish that the property was abandoned for purposes of the Incentive where there was a purchase for value, but the period of abandonment prior to purchase was less than 12 months, complete section (1). If the applicant is seeking special circumstances to establish that the property was abandoned for purposes of the Incentive where there was no purchase for value, but the period of abandonment prior to the application 12 continuous months or greater, complete section (2). 1. How long was the period of abandonment prior to the purchase for value? When and by whom was the subject property last occupied prior to the purchase for value? Autobarn Nissan Dealership Attach copies of the following documents: (a) Sworn statements from persons having personal knowledge attesting to the fact and the duration of the vacancy and abandonment (b) Information (such as statements of utility companies) which demonstrate that the property was vacant and unused and indicate duration of vacancy (c) Include the finding of special circumstances supporting "abandonment" as determined by the municipality, or the County Board, if located in an unincorporated area. Also include the ordinance or resolution from the Board of Commissioners of Cook County stating its approval for less than 12-month abandonment period. Application must be made to the Assessor prior to the commencement of reoccupation of the abandoned property. Estimated date of Reoccupation: Date of purchase: Name of purchaser: Name of seller: Relationship of purchaser to seller: Attach copies of the following documents: (a) Sale Contract (b) Closing Statement (c) Recorded Deed (d) Assignment of Beneficial Interest (e) Real Estate Transfer Declaration 2. How long has the subject property been unused? [X] 12 or greater continuous months (Eligible for Special Circumstance) [ ] 3 continuous months and maintain/create 250 Employees (Eligible for Special Circumstance under CEEW - Complete CEERM Supplemental Application [ ] Not Eligible for Special Circumstance if No purchase and less than 12 continuous months vacant, or not a CEERM Page 8 of 14 Doc ID: e43fOc574a4149ac39df659866OdOb1496b289cb When and by whom was the subject property last occupied prior to the filing of this application? Autobarn Nissan Dealership Attach copies of the following documents: (a) Sworn statements from persons having personal knowledge attesting to the fact and the duration of the vacancy and abandonment (b) Information (such as statements of utility companies) which demonstrate that the property was vacant and unused and indicate duration of vacancy (c) Include the finding of special circumstances supporting "abandonment" as determined by the municipality, or the County Board, if located in an unincorporated area. Also include the ordinance or resolution from the Board of Commissioners of Cook County stating its approval for lack of a purchase for value. Application must be made to Assessor prior to the commencement of reoccupation of the abandoned property. Estimated date of reoccupation: February 1, 2023 Page 9 of 14 Doc ID: e43fOc574a4149ac39df659866OdOb1496b289cb CEERM SUPPLEMENTAL APPLICATION (This form will ONLY be utilized for applicants who specifically elect for CEERM) This supplemental eligibility application is for properties that have been abandoned (due to special circumstances) where there has been no purchase for value and the buildings and other structures have been vacant and unused for at least three continuous months and applicant has provided sufficient documentation to establish that such applicant will create or maintain at least 250 jobs for employees at the subject location. The CEERM Program shall be limited to the party who is the initial applicant of the Class 6B Incentive under the CEERMProgram and the subject of the municipal Resolution or Ordinance. Under the CEERM Program, qualifying industrial real estate would be eligible for the Class 6B level of assessment from the date of substantial re -occupancy of the abandoned property. Properties receiving Class 6B will be assessed at 10% of market value for the first 10 years, 15% in the IIth year and 20% in the 12th year. The terms of this program are Not Renewable. 1 Richard Fisher applicant/representative hereby specifically elect to submit this Supplemental Application for the CEERM program. Further affiant sayeth not. Agent's Signature 1015 Chicago Ave., Evanston IL 60202 Agent's Mailing Address Richard Fisher Applicant's Name fish2556@gmail.com Applicant's e-mail address Subscribed and sworn before me this Signature of Notary Public day of Richard Fisher Owner Agent's Name & Title 847-951-3360 Agent's Telephone Number 1015 Chicago Ave., Evanston IL 60202 Applicant's Mailing Address ,20 Page 10 of 14 Doc ID: e43fOc574a4149ac39df6598660dOb1496b289cb LOCAL APPROVAL 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) should accompany this Application. The ordinance or resolution must expressly state that the municipality supports and consents to this Class 6B Application and that it finds Class 6B necessary for development to occur on the subject property. If a resolution is unavailable at the time the application is filed, a letter from the municipality or the County Board, as the case may be, stating that a resolution or ordinance supporting the incentive has been requested may be filed with this application instead. If the applicant is seeking to apply based on the reoccupation of abandoned property and will be seeking a finding of "special circumstances" from the municipality, in addition to obtaining a letter from the municipality confirming that a resolution or ordinance supporting the incentive has been requested, the applicant must file a letter from the County Board confirming that a resolution validating a municipal finding of special circumstances has been requested. If, at a later date, the municipality or the County Board denies the applicant's request for a resolution or ordinance, the applicant will be deemed ineligible for the Class 6B incentive, whether or not construction has begun. In all circumstances, the resolution must be submitted by the time the applicant files an "Incentive Appeal". FINALIZING THE INCENTIVE PROCESS In order to finalize the class change you will need to file an Incentive Appeal with supporting documentation (including Proof of Occupancy) in the year that the property has been substantially occupied. It is advised that you access our website (www. cookcountyassessor. com) to determine the allowable filing dates for such action. When filing an appeal requesting an Incentive Class Change, a $100.00 filing fee (made out to the Cook Countv Assessor) must be included. The property cannot receive Class 611 designation until you file an Incentive Appeal Form, AND this office grants reclassification for the parcel(s). I, the undersigned, certify that I have read this Application and that the statements set forth in this Application and in the attachments hereto are true and correct, except as those matters stated to be on information and belief and as to such matters, the undersigned certifies that he/she believes the same to be true. Signature Richard Fisher Print Name November 13,2023 Date Owner Title 41112022 Page 11 of 14 Doc ID: e43fOc574a4149ac39df659866OdObl496b289cb 0 n -P W O n C77 v -I] 0 v l Q rn Ul co 0) 61 O Q 0 a ti 0 n v CD CD N O t [ •I rv4rtaj Out. 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Dsapyo ATS'pV/yy.� YiFK �c-7 `Dv�A�oDD,9 `i•z i1 � �= AeaggaFd« J® ray � ° °,W r �• It�.�aQ airs 8 1aar�S aa'7 I U °a o 6� r ls9•br � a 9 3o'I � ++o-erMt_u 'yr� tv O � U b � w F Iaar,�S - ro�,ada: - -- A"aluaa-,D -- page 13 of 14 ® .7 I I II I I I i LLI 4 ---- --- I TO REIW IV FF►CES H Doc lD:e43fOc574a4149ac3ga f6598660gOb1496b289cb Autobarn Motors (Every Body Eat) Class 6b Analysis 1012 Chicago Avenue PIN 11.19.213.025.0000 Estimated 2022 Tax 2022 Effective Tax Tax Year Rate Multiplier Rate * 2022 8.125% 2.9237 23.755% 2023 8.125% 2.9237 23.755% 2024 8.125% 2.9237 23.755% 2025 8.125% 2.9237 23.755% 2026 8.125% 2.9237 23.755% 2027 8.125% 2.9237 23.755% 2028 8.125% 2.9237 23.755% 2029 8.125% 2.9237 23.755% 2030 8.125% 2.9237 23.755% 2031 8.125% 2.9237 23.755% 2032 8.125% 2.9237 23.755% 2033 8.125% 2.9237 23.755% Estimated Taxes at 2022 Assessors Market Value in Full Occupancy, and no 6b Market Value Full Occupancy, and no Assessment Level Without Estimated Assessed Value Estimated Tax Without a Class 6b Class 6b Without a Class 6b 6b $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 $2,315,500 25% $578,875 $137,512 Total Estimated Taxes (2022 to 2033) $1,650,145 Estimated Taxes at 2022 Market Value, Full Occupancy, and 6b 2022 Market Value, Full Assessment Level with a Estimated Assessed Value Estimated Tax Occupancy, and 6b Class 6b With a Class 6b With a Class 6b $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 10% $231,550 $55,005 $2,315,500 15% $347,325 $82,507 $2,315,500 20% $463,100 $110,010 Total Estimated Taxes (2022 to 2033) $742,565 *EFFECTIVE TAX RATE - The tax rate expressed as a percentage of market value. Found by multiplying the level of assessments by the current local (aggregate) tax rate. 11 /27/2023 Page 14 of 14 Doc ID: e43fOc574a4149ac39df659866OdObl496b289cb