Get email alerts on the Tax Incentives topic
No spam. Unsubscribe anytime.
Maywood board renews Cook County Class 8 property tax designation for Aetna Plywood
Summary
Trustees approved a renewal of the Cook County Class 8 property tax rate designation for 1401 St. Charles Road (Aetna Plywood, Inc.), enabling the continued property tax incentive under Cook County—s Class 8 program.
The Village of Maywood voted Nov. 17 to approve a renewal of a Cook County Class 8 property tax rate designation for the real property commonly known as 1401 St. Charles Road, the site of Aetna Plywood, Inc.
Trustee I. Brandon moved to approve the Class 8 incentive renewal and Trustee N. Booker seconded. The recorded vote showed four trustees in favor and two opposed; Trustee A. Sanchez had lost connection and was absent. With the board—s approval the renewal will proceed through Cook County processes consistent with Class 8 designation rules.
The renewal was presented with a cover memo dated Nov. 10, 2020 from Klein, Thorpe & Jenkins. The board did not provide additional discussion beyond the recorded roll call.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
