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Council backs Cook County tax incentive to keep Vital Truck and Van relocating to Elgin
Summary
Elgin council voted to support a Cook County Class 6b tax incentive that staff said is necessary for Vital RE LLC to buy and improve a vacant 5.5-acre industrial site at 301 Ramona Ave, preserve 7 jobs and add about 10 new full‑time equivalents; county approval is required to finalize the incentive.
Elgin City Council unanimously approved a resolution supporting a Cook County Class 6b commercial property tax incentive for 301 Ramona Avenue, a move staff said is necessary to secure Vital RE LLC’s planned purchase and investment in the property.
City staff presented details for the proposed transaction: the 5.5-acre parcel contains two industrial buildings totaling roughly 24,500 square feet, and Vital RE plans about…
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