Maywood board backs Seaway Supply’s 6B tax-incentive renewal, asks for local hiring commitment
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Summary
Trustees unanimously approved a resolution to support Seaway Supply Company’s renewal application for Cook County’s 6B Industrial Tax Incentive and requested language encouraging the company to hire and train Maywood residents when possible.
The Village of Maywood Board of Trustees voted unanimously on Oct. 6 to approve a resolution supporting Seaway Supply Company’s renewal application to the Cook County Assessor for a 6B Industrial Tax Incentive, a program that aims to make industrial property taxes in Cook County more competitive with neighboring counties.
Staff gave an overview of the renewal. Angela Smith and Mr. Engoren described terms and local participation expectations; Finance and management commented on assessment values. As part of the board’s approval, Smith requested that the resolution include language expressing Seaway Supply’s continued participation in community activities and an effort to hire and train Maywood residents when feasible. The motion was made by Trustee Brandon and seconded by Trustee Jones and passed with all trustees voting aye.
The action is a board-level resolution of support to accompany Seaway Supply’s application to the county assessor; it does not itself change tax law or commit municipal funds. Staff indicated the item is intended to retain industrial employment and local investment.