A pair of property tax incentives will support the continued operation of a South Side food company and a North Side car dealer under plans approved today by City Council.

Dutch Farm, Inc., 801 E. 107th St.
Dutch Farms, a manufacturer and distributor of frozen and refrigerated foods, will save $907,000 in property taxes over the next 12 years through the renewal of a Class 6(b) property tax incentive.The savings will enable the company to maintain 292 positions and invest $430,000 in new LED lighting at its 122,400-square-foot facility in the Pullman Industrial Corridor. The original Class6(b) incentive, issued in 2003, supported the $5.4 million purchase and renovation of the building.

IAC 1224 Hooker LLC, 1224 N. Hooker St.
IAC 1224 Hooker LLC will save $1.4 million in property taxes over the next 12 years on its 44,700-square-foot building on Goose Island through the renewal of a Class 6(b) tax incentive. The space is used as the service department by Berman’s Infiniti of Chicago, which employs 67 people in the building. The original Class 6(b) incentive, issued in 1994 and renewed in 2004, supported the facility’s construction.

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