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.
The amendment requires any business receiving a Class 6b, Class 8 or Class 9 property tax incentive to pay construction contractors a “prevailing wage.” Under Illinois law, public bodies hiring contractors for similar work pay that rate,…
