Jan. 27, 2022, 5:00 AM
The Chicago Mayor Jan. 26 issued information that a renewed property tax incentive for a Hermosa candy wholesale business will help double the size of its full-time workforce under a financial proposal approved by the city council. The Cook County Class C renewal will reduce property taxes over the next 12 years. The tax savings will enable the business owner to complete a $290,000 building improvement project, add up to five new full-time employees, and retain four full-time and three part-time positions. In 2009, a $55,000 environmental contamination project was completed on the site. [Chi. Mayor’s Office, Property Tax Incentive …
