CHICAGO | Cook County government will pay Lynwood about $47,000 as reimbursement for engineering studies related to the multiyear extension of Joe Orr Road east toward the Illinois/Indiana border.
The County Board voted Wednesday without opposition to approve a payment of $47,681 to the village. County officials previously had approved a $128,000 payment to Lynwood to cover the expenses.
County Transportation and Highways Superintendent John Yonan told county commissioners the work cost more than originally estimated.
The amended payment provides for costs of additional drainage investigation and extra engineering studies for the revised scope of the project. Original plans called for a two-lane rural cross section, but the project was expanded to a five-lane urban section.
The County Board also approved a HOME Investment Partnerships Program project loan of $850,000 to Sertoma Center Inc., which wants to build a 16-unit rental housing structure in Homewood. Total cost of the project is $4.02 million, with state and federal sources covering the remainder of the project.
County officials referred to the board’s Roads and Bridges Committee a proposal to do repairs along 170th Street from the Bishop Ford Freeway to Burnham Avenue in South Holland, Calumet City and Lansing. A bridge deck resealing and joint repairs on the Thorn Creek Bridge were added to the project because of extensive cracking of the deck surface. It is estimated to cost $35,924.
Officials also referred to their real estate subcommittee two proposals that would grant significant property tax breaks to two businesses with plans in Homewood and Glenwood.
Chicago Title Land Trust is applying for a Class 6b property tax break for a former industrial site at 18531 Glenwood-Thornton Road. Gendreau Homewood Holdings LLC wants a Class 8 tax break for an abandoned industrial site at 2034 Ridge Road.
Homewood and Glenwood municipal officials already have given their recommendations for the tax breaks, which can reduce the amount of property taxes paid by more than half for the next 12 years. County officials must approve the measures before they can take effect.