We're gonna begin.

And the bottom says George, tell me what is going on.

And I say okay.

Okay, we're officially gonna begin with the uh business and economic development committee.

So if we can thank you.

Okay.

So we will call officially the uh business and economic development committee meeting to order.

Madam Secretary, can you please call the roll?

Thank you, ma'am.

Commissioner Britt.

Commissioner Brittany is present.

Thank you.

Control room.

Can you open the mics?

Turn the volume up, please.

Chair Gaynor is excused.

Commissioner Laurie.

Present.

Commissioner Miller.

Commissioner Moore.

Commissioner Marita.

Thank you.

Commissioner Kevin Morrison.

Commissioner Sean Morrison.

Madam Chair is present.

You do have a quorum and all members are present with the exception of excuse the absence for Chair Gaynor.

And we do not need remote participation.

That is correct.

So we'll begin with public testimony.

Do we have any registered public speakers for this meeting?

We have one registered speaker, George Blake Moore.

And please be reminded of the boardroom speaking rules.

You may begin.

Thank you.

The power one.

Oh, Mr.

Blake Moore, you need the shade.

Sometime one stock can light up the dark.

Business and economic development.

Black people, you don't tend to your business.

That's why you don't have no economic development in your hood.

That's why you have a ghetto.

You don't tend to your business.

Everybody comes over here.

These illegal Mexicans and whoever.

And they get economic development.

They're about the money.

Black folks, you did you hear the young lady say, I'm on a committee of economic development.

So what is this about, Mr.

Blake Mo?

It's about money.

And you black people don't tend to your business.

What you'll do, you'll give somebody else your money, honey.

You'll give somebody else your money, honey.

When God has given that money to you, you go right back and give it to somebody else.

You support everybody.

You buy from everybody, but you don't fail to nobody.

Because maybe you are a nobody.

The man is messed up.

It's a terrible thing when the man is messed up.

You can dress up, you can look good, you can talk good, you can dress good, you can act good and be a peace all.

Leave it there.

And another theme when I come in.

One minute.

Business and economic development.

You are a consumer.

You're not, and what you produce, you you don't sell.

They don't want it.

They don't want your nap to hair.

They don't want, they don't want your food, your collar greens and ham house.

They don't want it.

They don't want to move in your neighborhood.

And when they do, they move it to move you out of your neighborhood.

So keep it simple.

The dignity of simply 15.

Madam Chair, that concludes your list of speakers for this meeting.

Thank you.

Are there any edits to today's agenda?

Ma'am, I am not aware of any.

Okay, thank you.

Uh Madam Secretary.

We'll begin with our first item.

This is um approval of the minutes of the previous uh meeting that um that was held on March 11, 2026.

This item number is 26-1143.

It has been moved by Commissioner Larry, second by Commissioner Sean Morrison for approval.

All those in favor signify by saying aye.

All those opposed, nay, size have it.

We will bundle the next two items.

These are six B class incentives.

Um this is item 26-0914 proposed resolution for um Shanley uh pump and equipment.

Or its designee for 6B property tax incentive in the village of Arlington Heights.

And then the following item, item 26-0915.

This is a proposed resolution as a class 6B property tax incentive for 1090 Pratt LLC in the village of Elkgrove.

This is both in the 15th district.

So we'll entertain a motion to approve.

This has been moved by Commissioner Kevin Morrison.

Second by Commissioner Sean Morrison.

Are there any questions?

Seeing none, all those in favor signify by saying aye.

Those opposed, nays.

Thighs have it.

Our final item on our agenda is item 260936, a proposed ordinance amendment.

Ordinance concerning the Cook County Real Estate Assessment Classification Ordinance regarding incentive classification.

This is with effective day, June 1st, 2026.

It amends the Cook County Real Estate Assessment Classification Ordinance, which is Chapter 74, Article 2, Division 2, to extend the life of incentive classifications currently set to expire in 2027 and to improve clarity, transparency, and accountability in its administration.

The amendment updates section 7463, 7465, 7468, 7470, 7473, and 7475 to require applicants to attest to a compliance with prevailing wage requirements and disclosure of any redevelopment agreements, removes outdated authorization, authorized officer letter provision, ties to uh continued program and revises applications and renewal timelines for the class C incentives to allow renewal in uh years 10 through 12.

It sunsets the class 7 uh incentive and um directs new qualified uh commercial projects to apply under class B, eliminating the uh unusual class uh 8A incentive and updates of class 8 eligibility by expanding the definition of abandonment to include properties with five or more years of delinquent taxes acquired um from government entities.

Um it amends also um also revises class 8 micro eligibility to align with IL edge tax credit uh recipients and requires um triannual reassessment uh periods and um these changes reflect a joint review by the Department of Planning and Development and the Assessor's Office to modernize the ordinance to remove um any provisions that are obsolete and um strengthen oversight um and the ordinance would take in effect again on June 1st, 2026.

I don't know if Cheryl, if there's anything that I might have missed.

Okay.

And there are there, okay.

So it would be moved by Commissioner Britton and second by Commissioner Moore.

And um there is a question uh by Commissioner Britton.

Or did you not have a question?

Okay, okay.

Okay, great.

Are there any additional questions or any concerns by any of the members?

Like I mentioned, Cheryl Caldwell is here to answer any of them.

Seeing none, um all those in favor signify by saying aye.

All those opposed, nays, thighs have it.

Um motion approved.

Um, without any further business before this committee, I will uh entertain a motion to adjourn.

This is moved by Commissioner Britton, second by Commissioner Kevin Morrison.

All those in favor signify by saying aye.

All those opposed, nays, thighs have it.

We're adjourned.