SALES TAX ABATEMENT ON BUILDING MATERIALS FOR PROJECTS IN THE ZONE WITH VALID IDOR BUILDING MATERIAL SALES TAX EXEMPTION CERTIFICATE.
50% ABATEMENT OF THE MUNICIPAL PORTION OF REAL ESTATE TAXES ON THE ADDED TAX VALUE THE PROJECT CREATES, FOR 5 YEARS.
PROJECTS IN A TIF OR RECEIVING OTHER SUBSTANTIAL PROPERTY TAX ABATEMENTS ARE NOT ELIGIBLE FOR THIS BENEFIT.
STATE OF ILLINOIS GAS USE TAX EXEMPTION FOR ZONE BUSINESSES.
FORM RG61 TO BE COMPLETED /SUBMITTED BY THE BUSINESS TO IDOR
SEE IDOR NATURL GAS DISTRIBUTORS, SUPPLIERS & PURCHASERS BULLETIN
ALL PROJECTS MUST COMPLETE AND SUBMIT THE BEDFORD PARK ENTERPRISE ZONE APPLICATION TO THE ZONE OFFICE, PRIOR TO ORDERING MATERIALS, RECEIVING PERMITS, OR START OF CONSTRUCTION ,TO RECEIVE FULL BENEFITS.
ZONE WILL ISSUE BMEC AND NOTIFY LOCAL BUILDING DEPARTMENTS OF THE PROJECT. ZONE WILL NOTIFY COOK COUNTY OF ENTITLED REAL ESTATE ABATEMENTS.
6701 S. Archer Road, Bedford Park, IL 60501
Ph: 708-403-5600