Class 8

Homewood approves tax break for new restaurant

The Homewood village board, at its Sept. 25 meeting, passed a resolution supporting a Class 8 tax incentive for a property at 1941 Ridge Road. The property is expected to be the location of a new restaurant. Trustee Lisa Purcell abstained from voting because she has an ownership interest in the property.
 

County committee advances bill despite Southland objection

The Cook County Board of Commissioners on Wednesday, March 14, approved an ordinance amendment that south suburban officials believe will have a devastating effect on the local economy.  

“It’s just very disappointing,” Homewood Mayor Richard Hofeld said. 

South Suburbs fighting Cook County on proposed change to financial incentive

South suburban officials are raising their voices against a proposed change by Cook County to the Class 8 and other tax exemption that would force contractors to pay a prevailing wage on business work sites.

Flossmoor board endorses property tax break for new orthodontist office

An orthodontist practice that is relocating to downtown Flossmoor earned support for its tax reduction bid from the Flossmoor Village Board of Trustees at its Feb. 5 meeting.
 

Approval likely for tax break extension at Flossmoor’s Ingalls facility

Flossmoor village board members are expected to approve an additional property tax break for the local Ingalls Family Care Center. Following a presentation Monday by two Ingalls officials, there were no objections to a continuation of the Family Care Center's Class 8 tax incentive.

Homewood backs property tax reduction for new Krispy Kreme site

By a 5 to 1 vote, Homewood trustees approved a resolution Tuesday, June 28, in support of Class 8 property tax relief for the site where Krispy Kreme will be building a doughnut shop this summer.

Walmart wins Class 8 tax break, gets tough questions from Homewood residents

Walmart is coming to Homewood. But the retail giant's reception will be mixed at best, if the prevailing views expressed at the Homewood Board of Trustees meeting Tuesday are any indication. (Story updated at 2:45 p.m. Wednesday)

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A great community deserves a great newspaper. The HF Chronicle was created in June 2014 as an online publication. In December 2015 we began monthly print publication, too. Our mission is to chronicle the life of our community — news by, for, and about the people of Homewood and Flossmoor, Illinois.

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