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Burr Ridge board backs Cook County 6b tax abatement support for 144 Tower Drive despite timing concerns
Summary
Trustees voted July 14 to adopt a resolution supporting a Cook County Class 6b property‑tax incentive extension for 144 Tower Drive; the petitioner said the owner will invest about $750,000 in improvements and the county must receive the resolution by July 16.
Burr Ridge — The village board on July 14 voted to approve a resolution supporting a Cook County Class 6b property‑tax incentive application for 144 Tower Drive, a site on the Cook County side of the village.
Evan outlined how Cook County’s Class 6b program reduces assessed value for industrial properties to encourage investment; under the schedule explained by staff the county needed municipal support by July 16 to accept the application.…
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