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PROPOSED NO CASH BID REQUEST
Requestor: Michelle I. Nelson, Mayor, Village of Flossmoor
Request: Approval of No Cash Bid Request
Location: Village of Flossmoor
Volume and Property Index Number:
010, 32-06-300-063-0000; 011, 32-07-401-027-0000; 011, 32-07-401-029-0000; 178, 31-01-409-022-0000; 178, 31-02-301-027-0000; 178, 31-02-301-028-0000; 178, 31-02-305-015-0000; 178, 31-02-305-016-0000; 178, 31-02-305-017-0000; 178, 31-02-305-018-0000; 178, 31-02-305-019-0000; 178, 31-02-305-020-0000; 178, 31-02-305-021-0000; 178, 31-11-207-002-0000; 178, 31-11-207-003-0000; 178, 31-11-207-004-0000; 178, 31-11-303-006-0000; 178, 31-11-402-017-0000; 178, 31-11-402-018-0000; 178, 31-12-403-013-0000; 178, 31-12-403-014-0000; 178, 31-12-403-015-0000
Summary: Please accept this request to obtain the following twenty-two (22) vacant and unoccupied improved Parcels: 010, 32-06-300-063-0000 - Unoccupied Commercial; 011, 32-07-401-027-0000 - Unoccupied Commercial; 011, 32-07-401-029-0000 - Vacant Parking Lot; 178, 31-01-409-022-0000 - Vacant Land; 178, 31-02-301-027-0000 - Vacant Land; 178, 31-02-301-028-0000 - Vacant Land; 178, 31-02-305-015-0000 - Vacant Land; 178, 31-02-305-016-0000 - Vacant Land; 178, 31-02-305-017-0000 - Vacant Land; 178, 31-02-305-018-0000 - Vacant Land; 178, 31-02-305-019-0000 - Vacant Land; 178, 31-02-305-020-0000 - Vacant Land; 178, 31-02-305-021-0000 - Vacant Land; 178, 31-11-207-002-0000 - Vacant Land; 178, 31-11-207-003-0000 - Vacant Land; 178, 31-11-207-004-0000 - Vacant Land; 178, 31-11-303-006-0000 - Unoccupied Residential; 178, 31-11-402-017-0000 - Vacant Land; 178, 31-11-402-018-0000 - Unoccupied Residential; 178, 31-12-403-013-0000 - Vacant Land; 178, 31-12-403-014-0000 - Vacant Land; 178, 31-12-403-015-0000 - Vacant Land. The Village intends to use these parcels for economic redevelopment and stormwater management to mitigate flooding. There are no third-party requestors.
The Village agrees to report the status of the parcels to the Cook County Department of Planning & Development annually for five consecutive years or until the property is transferred to a developer, whichever occurs last, as required by the Cook County No Cash Bid Ordinance. Also, the Village will apply for tax-exempt status on the parcels once a tax deed is obtained until the parcels are transferred to a developer. The Village will bear all costs to proceed to tax deed and perform all other legal and other activities associated with this program.
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