VILLAGE OF ORLAND PARK - File #: 2009-0208

• File #: 2009-0208
• Version: 0
• Name: Request for Renewal of Class 6b Property Tax Incentive for Donson Machine
• Type: RESOLUTION
• Status: PASSED
• File created: 4/21/2009
• In control: Development Services & Planning Committee
• Final action: 5/4/2009
• Title: /Name/Summary Request for Renewal of Class 6b Property Tax Incentive for Donson Machine

Date	Ver.	Action By	Action	Result
5/8/2009	2	Village Clerk	PUBLISHED
5/4/2009	1	Board of Trustees	PASSED	Pass
5/3/2009	1	Development Services Department	INTRODUCED TO BOARD
4/27/2009	0	Development Services & Planning Committee	RECOMMENDED FOR APPROVAL	Pass
4/26/2009	0	Development Services Department	INTRODUCED TO COMMITTEE

Title/Name/Summary

Request for Renewal of Class 6b Property Tax Incentive for Donson Machine

History

Donson Machine located at 15440 S. 70^th Court has requested renewal of their Class 6b property classification.  Donson Machine, formerly Alsip Steel Supply, was originally approved for the Class 6b in 2000.  Under the incentive provided by Class 6b, qualifying industrial real estate is eligible for a substantial reduction on property assessment.

Donson Machine is a manufacturing company specializing in machine parts for the hydraulic and medical industries.  They have been in business since 1978 and have over 75 employees.  The Orland Park facility currently employs 8 employees, with plans to increase this number to 12.  The company continues to grow and they have indicated a desire to move additional operations to Orland Park.

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Recommended Action/Motion

I recommend approval of a Resolution approving renewal of the Class 6b industrial real estate tax incentive for certain real estate (15440 S. 70^th Court - Donson Machine) in the Village of Orland Park, Cook County, Illinois.