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.