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25-08 Designating Resolution - Personal Property Tax Abatement for 445 North Sheridan Street
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25-08 Designating Resolution - Personal Property Tax Abatement for 445 North Sheridan Street
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1/22/2025 12:49:54 PM
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5. A review of the Tax Abatement Ordinance No. 9394-03 finds that petitioner GLC <br /> Sheridan, LLC, meets the qualifications for an eight-year(8) industrial development real <br /> property tax abatement under Division 7 (Industrial Development Real Property Tax <br /> Abatement), Section 2-82 (Industrial development city-wide general standards). <br /> Petitioner GTA Containers, LLC, meets the qualifications for a five-year(5) personal <br /> property tax abatement under Division 10 (Personal Property Tax Abatement), Section <br /> 2-84.2 (Tangible Personal Property Tax Abatement). <br /> 3 <br />
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