NATIONAL SMALL BUSINESS WEEK MAY 1st THRU MAY 7th
Since 1963 the President of the
United States has proclaimed May 1-7 National Small Business Week. At the
April 25, 2016 City Council meeting Mayor Low proclaimed May 1-7 National Small
Business week in the City of McHenry and urged citizens to Shop McHenry. Below is a copy of the proclamation. Small businesses drive and are the backbone
of our economy-please assist in supporting small businesses particularly in the
City of McHenry and especially May 1-7!
To
learn more please visit sba.gov/NSBW
FABRIK MOLDED PLASTICS REMAINING IN THE CITY OF MCHENRY AND
EXPANDING!
Fabrik Molded Plastics is located at
5213 Prime Parkway (113,904 square-foot building), http://www.fabrikind.com/index.html,
in the City of McHenry, McHenry Corporate Center. They are a leader in
the plastics injection molding industry, employing over 400 people and have
been located in the McHenry Corporate Center for more than 20 years.
Last summer we learned that Fabrik was being
courted and met with multiple states to consider leaving McHenry County and the
State of Illinois. One of the options
which would enable Fabrik to remain at their current location and grow was to
purchase the building at 1515 Miller Parkway (44,000 square feet), which at the
time had been vacant for several years and immediately to the west of Fabrik’s
current building.
The property taxes assessed on 1515
Miller Parkway had been decreased by about 50% of the market value of the
building portion of the assessment only due to the vacancy and a property tax
abatement was proposed solely the increase in taxes at 1515 Miller Parkway if Fabrik
purchased the building. In order to
maximize the potential for Fabrik not only to stay within the City, County and
State as well as expand their operation the City of McHenry, McHenry County Economic Development Corporation, and
eight other taxing bodies collaborated and approved a property tax
abatement, on the increase in property
taxes only, at 1515 Miller Parkway, utilizing a program the McHenry City
Council had previously adopted: Underutilized Property Tax Abatement and
Incentive Program.
The purpose of
the program is to encourage reinvestment in existing improved vacant or
underutilized properties through a property tax abatement program instituted
through multiple taxing bodies. To learn
more please click on the link below.
I am very
happy to report Fabrik purchased the building at 1515 Miller Parkway and is
expanding their business. This will not
only retain over 400 existing jobs at Fabrik but will create an additional
50-100 jobs over the next several years due to Fabrik’s expansion. This could not have been accomplished without
regional collaboration by numerous entities:
Fabrik Molded Plastics; City of McHenry; McHenry County Economic Development
Corporation; McHenry County; McHenry County Conversation District; McHenry
Township Fire Protection District; McHenry High School District 156; McHenry
County College; Nunda Township; Nunda Township Cemetery District; Nunda
Township Road and Bridge District and State of Illinois! Thank you!
This will benefit the entire McHenry County Community; State of
Illinois; Midwest and beyond!
SLEEP OUT FOR SHELTER-MAY 14, 2016
Homelessness continues growing in northern
Illinois, including McHenry County and the City of McHenry. Pioneer Center and
others sponsor an annual event to raise money and awareness on this
community-wide issue: SLEEP OUT FOR SHLELTER! This year’s event will be held at the Church
of Holy Apostles on May 14! To learn
more about the event; to register and/or support please click on the following
interview; video and/or website.
Important
Dates to Remember:
VETERANS
& SERVICE MEMBERS EMPLOYMENT EVENT MCHENRY COUNTY GOVERNMENT BUILDING: MAY 12, 2016 1:00 PM – 3:30 PM
THANK YOU TO ALL BUSINESSES AND ORGANIZATIONS WHICH HAVE MADE A
COMMITMENT TO GIVE BACK TO OUR COMMUNITY AND/OR LOCATE THEIR BUSINESS AND/OR
EXPAND IN THE CITY OF MCHENRY…EVERY ONE CONTRIBUTES!!!!!
Please
help us keep our community vibrant and strong to the greatest extent practical
for businesses, residents and visitors alike! The City Council is continually evaluating
ways to assist in promoting business, tourism, community events and
service! Economic development is an
ongoing effort the City is committed to and is a community-wide effort. At the end of the day the entire community and
everyone who is a part of it benefits!
Douglas
P. Martin
Director
of Economic Development
City of
McHenry
333 S
Green Street
McHenry,
IL 60050
815.363.2110
(d)
815.363.2173
(f)
815.790.4752
(c)
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