https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2452496&GUID=33A4EAC7-D742-4C6F-B000-F1DBD9F0A747Legistar15https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2452496&GUID=33A4EAC7-D742-4C6F-B000-F1DBD9F0A74733A4EAC7-D742-4C6F-B000-F1DBD9F0A747-2015-11-06-21-23-46Title: PROPOSED NO CASH BID REQUEST Requestor: Robert Kolosh, Village President, Village of Thornton Request: Approval of No Cash Bid Request Location: Village of Thornton Volume and Property Index Number: 219, 29-34-122-009-0000 Summary: The purpose of this letter is to inform you of the Village of Thornton’s desire to participate in Cook County’s no-cash bid program. The Village is interested in acquiring property located within Thornton that is delinquent in real estate taxes or special assessments for two or more years, pursuant to 35 ILCS 200/21-90. Please accept this request to obtain the one (1) vacant commercial property. The Village intends to use this vacant commercial property for commercial redevelopment in order to expand tax revenues. There is no third-party-applicant for the parcel. The Village agrees to report the status of the parcel to the Cook County Bureau of Economic Development annually for five consecutive years or until the intended use is complete, whichever is last. Also, the Village will apply for tax exempt status on the parcel once a tax Fri, 06 Nov 2015 21:23:46 GMT