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Schiller Park board discusses consenting to Class 6B tax incentive for industrial rehabilitation
Summary
Committee of the Whole members reviewed agenda item E2 — supporting and consenting to a Class 6B tax incentive for rehabilitation of an industrial facility — but the minutes record only discussion in committee, with any formal action to be on the Regular Board agenda.
Members of the Schiller Park Committee of the Whole discussed item E2 on the Jan. 15 Regular Board meeting agenda, described in the minutes as "supporting and consenting to a Class 6B tax incentive for the rehabilitation of an industrial facility." The minutes record the discussion but do not record a vote or formal committee action on the matter in the Committee of the Whole minutes.
The Committee discussion was recorded in the minutes as part of the Committee's business section; the text does not include details such as the identity of the industrial facility, estimated property value changes, eligible rehabilitation scopes, or potential fiscal impacts to taxing districts. Because the minutes summarize discussion only, any decision, ordinance, or formal consent would be recorded in the Regular Board meeting minutes or in a subsequent resolution, if taken.
