Wednesday, January 23, 2013
At the Dec. 11 meeting, many trustees did not know if granting the 6B tax break would make Niles' residents taxes rise, so they tabled it, to the chagrin of some. After research, they learned it was a win-win and OK'd it Tuesday.
Niles trustees cleared up a rift Tuesday that dated from their Dec. 11 meeting and caused some to accuse them of being anti-business. The board voted 5-0 to approve a tax break for an existing Niles company called Gustafson Group LLC. Gustafson, which owns a printing operation that already employs 131 people in Niles, sought the tax break as part of a deal to buy and renovate a dilapidated Niles building that had been vacant since January 2008. The tax break, called a Cook County 6B Development Incentive, is designed to entice businesses to develop abandoned or long-vacant property. Earlier: Give Company a Tax Break? Niles Board Split At the December board meeting, Trustee Chris Hanusiak expressed concern that lowering taxes for …
Monday, December 17, 2012
Businesses have a responsibility to make their own investments, not come to the taxpayers for money, this writer argues.
The following Letter to the Editor expresses the opinions of the author. Patch.com merely serves as a platform to allow writers to state their views. I was unable to attend the Tuesday December 11 Village Board Meeting and want to comment on what I have read about the Gustafson Group L.L.C. requesting special tax treatment in exchange for buying a property in Niles. Why do we have these situations occurring-- the 1%ers coming to the 99%ers hat in hand, expecting them to pay for an investment they need to make on their own, borrow for or raise equity for? This seems like a situation where maintainance and repairs were neglected over a extended period of time. Where are our building inspectors? Aren't these buildings inspected annually? …
Saturday, December 15, 2012
It's good to encourage business, but Niles has to have a plan for granting tax breaks. Otherwise it could end up hurting schools, park districts and individual homeowners. A Letter to the Editor from four Niles trustees.
The following Letter to the Editor represents the views of the authors alone. Patch merely serves as a platform for writers to express their opinions. Policy Must be Rational, Honest and Fair Sometimes in government there are terms and definitions which seem confusing or even awkwardly simple, yet do not really indicate what the meaning and implications are to their use by local governments. Such is the case with Cook County 6(B) tax incentive requests. Earlier: Niles Board Holds Off On Granting Tax Break To Business The County Assessor’s office has a document which clearly states the meaning and purpose of the 6(B): “The Class 6b classification is designed to encourage industrial development throughout Cook County by offering a real …
Thursday, December 13, 2012
One company wanted to buy a vacant property to expand in Niles, but said it needed a tax break to do so. Trustees disagreed Tuesday over whether to just give it to them or wait until they could develop criteria for which companies get tax breaks.
A request from a business for a tax break gave rise to heated discussion on the Niles village board Tuesday. Trustee Andrew Przybylo recommended the board grant a tax break called a 6B to Gustafson Group, LLC, which wants to purchase a vacant building in disrepair at 7430 N. Croname Road, Niles, and renovate it extensively to conduct business there. Gustafson is a family-owned business that has done commercial printing in Niles for 25 years, he stressed. The 6B is a Cook County program that gives businesses an incentive to occupy vacant property, according to a board agenda item explanation. However, Trustee Chris Hanusiak urged the board to develop parameters and guidelines for when to grant businesses 6B status. "We talked at the last…
Joseph LoVerde
4:57 pm on Friday, January 25, 2013
Pam I stand corrected and apologize. The Finance Department informed me that five (5) Trustees get a stipends of $50.00 per month in addition to our $2500.00 for a total compensation of $3,100.00. Trustee Preston gets an additional $600.00 annualy for a total compensation of $3,700.00. Hopefully this entire issue is now reported correctly and over. Sorry for the first comment. Sincerely, Trustee … more ›