City of Chicago
Office of the City Clerk

R2018-1153

Document Tracking Sheet

Meeting Date:

10/31/2018

Sponsor(s):

Thompson (11)
Lopez (15)
Resolution

Type:
Title:
Committee(s) Assignment:

Support of Class 6(b) tax incentive for property at 35003556 W 51st St and 5000-5058 S St. Louis Ave
Committee on Economic, Capital and Technology
Development

 RESOLUTION
CLASS 6(B) REAL ESTATE TAX INCENTIVE
FOR THE BENEFIT OF
R.F.M. PROPERTIES I, L.P., A TEXAS LIMITED PARTNERSHIP AND
REAL ESTATE LOCATED GENERALLY AT
3500-3556 WEST 51 ST STREET AND 5000-5058 SOUTH ST. LOUIS AVENUE IN CHICAGO,
ILLINOIS
PURSUANT TO COOK COUNTY, ILLINOIS
TAX INCENTIVE ORDINANCE, CLASSIFICATION SYSTEM FOR ASSESSMENT
WHEREAS, the Cook County Board of Commissioners has enacted'the Cook County
Tax Incentive Ordinance, Classification System for Assessment, as amended from time to time
(the "County Ordinance"), which provides for, among other things, real estate tax incentives to
property owners who build, rehabilitate, enhance and occupy property which is located within
Cook County, Illinois and which is used primarily for industrial purposes; and
WHEREAS, the City of Chicago (the "City"), consistent with the County Ordinance,
wishes to induce industry to locate and expand in the City by supporting financial incentives in
the form of property tax relief; and
WHEREAS, R.F.M. Properties I, L.P., a Texas limited partnership (the "Applicant"), owns
certain real estate located generally at 3500-3556 West 51st Street and 5000-5058 South St.
Louis Avenue, Chicago, Illinois 60625. as further described on Exhibit A hereto (the "Subject
Property"); and
WHEREAS, the Applicant intends to construct two buildings on the Subject Property: (1)
an approximately 87,780 square foot food processing and warehouse facility and (2) an
approximately 5,300 square foot maintenance facility (collectively, the "Facilities"); and
WHEREAS, Applicant plans to enter into a lease with Amigos Meat & Poultry, LLC, a
Texas limited liability company (the "Tenant"), for the Facilities; and
WHEREAS, the Applicant anticipates that the Tenant will use the Facilities for food
processing and warehousing; and
WHEREAS, the redevelopment objective of the City in connection with the Subject
Property is the retention of a Chicago company in the City, to grow the City's industrial base in
general and the growth of the Brighton Park Industrial Corridor in particular, to retain existing
jobs and to create new jobs; and
WHEREAS, the Applicant has filed an eligibility application for a Class 6(b) tax incentive
under the County Ordinance with the Office of the Assessor of Cook County (the "Assessor");
and
WHEREAS, the Subject Property is located within the 51'VArcher TIF Redevelopment
Project Area (created pursuant to the Illinois Tax Increment Allocation Redevelopment Act, 65
ILCS 5/11-74.4-1 et. seq , as amended, and pursuant to an ordinance enacted by the City
Council of the City), and the purposes of such Redevelopment Project Areas are also to provide
certain incentives in order to stimulate economic activity and to revitalize depressed areas; and
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S:\SHARFD\Pinancc;\Cla.ss 6(h)\R F.M. Properties [\Resoiutioti\RFM resolution v.4.dof .

 WHEREAS, it is the responsibility of the Assessor to determine that an application for a
Class 6(b) classification or renewal of a Class 6(b) classification is eligible pursuant to the
County Ordinance; and
WHEREAS, the County Ordinance requires that, in connection with the filing of a Class
6(b) eligibility application with the Assessor, the applicant must obtain from the municipality in
which such real estate that is proposed for Class 6(b) designation is located a resolution
expressly stating, among other things, that the municipality has determined that the incentive
provided by Class 6(b) is necessary for development to occur on such real estate and that the
municipality supports and consents to the Class 6(b) classification by the Assessor; and
WHEREAS, the intended use of the Subject Property will provide significant present and
future employment; and
WHEREAS, notwithstanding the Class 6(b) status of the Subject Property, the
redevelopment and utilization thereof will generate significant new revenues to the City in the
form of additional real estate taxes and other tax revenues; now. therefore.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1: That the City determines that the incentive provided by Class 6(b) is
necessary for the development to occur on the Subject Property.
SECTION 2: That the City supports and consents to the Class 6(b) classification by the
Assessor with respect to the Subject Property.
SECTION 3: That the Economic Disclosure Statement, as defined in the County
Ordinance, has been received and filed by the City.
SECTION 4: That the Clerk of the City of Chicago is authorized to and shall send a
certified copy of this resolution to the Assessor, and a certified copy of this resolution may be
included with the Class 6(b) eligibility application filed with the Assessor by the Applicant, as
applicant, in accordance with the County Ordinance.
SECTION 5:
approval.

That this resolution shall be effective immediately upon its passage and

S:\SI IARCD\Kiiiance\Cliiss 6(b)\R.r.M. Propenies l\Resoitition\RrM resolution v 4.doc

 EXHIBIT A

Legal Description of Subject Property:
THAT PART OF BLOCKS 22, 23, 24, 25 AND 26 AND VACATED ST. LOUIS AVENUE IN
JAMES H. REE'S SUBDIVISION OF THE NORTHEAST QUARTER OF SECTION 11,
TOWNSHIP 38 NORTH, RANGE 13 EAST OF THE THIRD PRINCIPAL MERIDIAN,
ACCORDING TO THE PLAT THEREOF RECORDED SEPTEMBER 5. 1855 AS DOCUMENT
62421, IN BOOK 85, PAGE 151, IN COOK COUNTY, ILLINOIS, MORE PARTICULARLY
DESCRIBED AS FOLLOWS.
BEGINNING AT THE INTERSECTION OF THE NORTH LINE OF WEST 51ST STREET WITH
THE WEST LINE OF SOUTH ST. LOUIS AVENUE; THENCE SOUTH 88 DEGREES 32
MINUTES 31 SECONDS WEST, A DISTANCE OF 602.86 FEET ALONG SAID NORTH LINE
OF WEST 51 ST STREET; THENCE NORTH 01 DEGREES 27 MINUTES 29 SECONDS
WEST, A DISTANCE OF 10.35 FEET TO A POINT OF CURVATURE; THENCE 133.86 FEET
NORTHERLY ALONG A CURVE CONCAVE TO THE EAST, HAVING A RADIUS OF 800.00
FEET, SUBTENDING A CHORD BEARING NORTH 03 DEGREES 20 MINUTES 07 SECONDS
EAST, A DISTANCE OF 133.70 FEET TO A POINT OF TANGENCY; THENCE NORTH 08
DEGREES 07 MINUTES 43 SECONDS EAST, A DISTANCE OF 92.13 FEET TO A POINT OF
CURVATURE; THENCE 260.32 FEET NORTHERLY ALONG A CURVE CONCAVE TO THE
EAST, HAVING A RADIUS OF 775.00 FEET, SUBTENDING A CHORD BEARING NORTH 17
DEGREES 45 MINUTES 04 SECONDS EAST. A DISTANCE OF 259.09 FEET TO A POINT
OF TANGENCY; THENCE NORTH 27 DEGREES 22 MINUTES 26 SECONDS EAST, A
DISTANCE OF 142.85 FEET TO A POINT OF CURVATURE; THENCE 210.08 FEET
NORTHEASTERLY ALONG A CURVE CONCAVE TO THE SOUTHEAST, HAVING A RADIUS
OF 520.00 FEET, SUBTENDING A CHORD BEARING NORTH 38 DEGREES 56 MINUTES 52
SECONDS EAST, A DISTANCE OF 208.66 FEET TO A POINT OF TANGENCY; THENCE
NORTH 50 DEGREES 31 MINUTES 17 SECONDS EAST, A DISTANCE OF 172.60 FEET TO
THE NORTHWEST CORNER OF THE PROPERTY DESCRIBED IN WARRANTY DEED
RECORDED NOVEMBER 28, 1997 AS DOCUMENT 97892425, IN COOK COUNTY, ILLINOIS;
THENCE ALONiS THE NORTH LINE OF SAID PROPERTY DESCRIBED IN DOCUMENT
97892425 FOR THE FOLLOWING TWO (2) COURSES: 1) THENCE NORTH 50 DEGREES 41
MINUTES 29 SECONDS EAST, A DISTANCE OF 107.29 FEET TO A POINT OF
CURVATURE; 2) THENCE 204.96 FEET NORTHEASTERLY ALONG A CURVE CONCAVE
TO THE SOUTHEAST, HAVING A RADIUS OF 929.69 FEET, SUBTENDING A CHORD
BEARING NORTH 57 DEGREES 00 MINUTES 26 SECONDS EAST, A DISTANCE OF 204.55
FEET TO A NON-TANGENT LINE, THENCE SOUTH 01 DEGREES 54 MINUTES 29
SECONDS EAST, A DISTANCE OF 403.78 FEET TO THE SOUTH LINE OF SAID LOT 22;
THENCE SOUTH 88 DEGREES 32 MINUTES 45 SECONDS WEST, A DISTANCE OF 111.92
FEET ALONG SAID SOUTH LINE OF LOT 22 TO SAID WEST LINE OF SOUTH ST. LOUIS
AVENUE; THENCE SOUTH 01 DEGREES 31 MINUTES 07 SECONDS EAST. A DISTANCE
OF 638.49 FEET ALONG SAID WEST LINE OF SOUTH ST. LOUIS AVENUE TO THE POINT
OF BEGINNING.

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 Permanent Real Estate Tax Index Numbers (PINS) for the Subject Property:
19-11-202-020-0000 (partial)
19-11-202-019-0000
Commonly known as: 3500-3556 West 51'' Street and 5000-5058 South St. Lous Avenue

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S:\SHARED\Fuiance\Ciass 6(b>\R.F.M. Properties l\Resolution\RFV1 resolution v.4.doc

 Chicago City Council Co-Sponsor Addition/Change

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Date Filed

Signature

Final copies to be filed with:
• Chairman of Committee to which legislation was referred
• City Clerk

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