HR0789 93RD GENERAL ASSEMBLY

HR0789 LRB093 21668 HSS 49303 r

HOUSE RESOLUTION

WHEREAS, The members of the House of Representatives of the State of Illinois are pleased to congratulate Joseph Perry, president and CEO of Perry Group, Ltd., on being inducted into the University of Illinois at Chicago Entrepreneurship Hall of Fame; and

WHEREAS, The Entrepreneurship Hall of Fame, the oldest and most prestigious program honoring Chicago area entrepreneurs, was first presented in 1984; the University of Illinois at Chicago's Institute for Entrepreneurial Studies co-sponsors the annual event; honorees are interviewed and evaluated by a panel of judges consisting of previous nominees, business media representatives, and executives of sponsoring organizations; and

WHEREAS, The award highlights Mr. Perry as an example of a successful leader who recognizes opportunities with creativity, persistence, and sound business judgement; and

WHEREAS, Mr. Perry expanded his Kankakee County-based commercial real estate and development firm into the Chicago marketplace in late 2002; his background and understanding of the industry have allowed him to become the number one volume commercial real estate agent in the market each of the years he actively participated in brokerage; and

WHEREAS, Mr. Perry's active role in the brokerage business was relatively dormant for a short period of time in 1994 when he started an affiliate company, J.M. Perry Development Corp., which developed smaller commercial and industrial build-to-suits as well as market-rate multi-family residential subdivisions; this led to a very specialized segment of the multi-family development business with the advent of the use of Federal Tax Credits to develop affordable senior housing developments around the Midwest; since the first project in 1995, this entity has developed nearly $50 million in affordable senior housing projects; therefore, be it

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE NINETY-THIRD GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we congratulate Joseph Perry on being inducted into the University of Illinois at Chicago Entrepreneurship Hall of Fame; and be it further

RESOLVED, That a suitable copy of this resolution be presented to Joseph Perry as an expression of our respect and esteem.