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PROPOSED NO CASH BID REQUEST
Requestor: Thomas J. Somer, Corporation Counsel, City of Chicago Heights
Request: Approval of No Cash Bid Request
Location: City of Chicago Heights
Volume and Property Index Number:
013, 32-17-401-002-0000; 013, 32-17-401-003-0000; 013, 32-17-401-004-0000; 015, 32-22-300-004-0000; 015, 32-22-300-017-0000; 018, 32-28-103-001-0000; 018, 32-28-103-002-0000; 018, 32-28-103-003-0000; 018, 32-28-103-004-0000; 018, 32-28-103-005-0000; 018, 32-28-103-006-0000; 018,32-28-103-007-0000; 018, 32-28-103-008-0000; 018, 32-28-103-009-0000; 018, 32-28-103-010-0000; 018, 32-28-103-011-0000; 018, 32-28-103-012-0000; 018, 32-28-103-013-0000; 018, 32-28-103-014-0000; 018, 32-28-103-015-0000; 018, 32-28-103-016-0000; 018, 32-28-103-017-0000; 018, 32-28-103-018-0000; 018, 32-28-103-019-0000; 018, 32-28-103-020-0000; 018, 32-28-103-021-0000; 018, 32-28-213-046-0000
Summary: All of the parcels listed are vacant and without improvement. It is the intention of the City of Chicago Heights to use all parcels for the redevelopment of the areas in which the parcels are located. The redevelopment of the parcels will return the property to a viable use beneficial to the municipality. The redevelopment will also return the properties to a tax producing status, thereby generating economic development for the municipality and other taxing bodies.
The City of Chicago Heights, at this time, does not have an immediate intention to convey any Tax Certificate of Purchase from Cook County or any perfected deed to any Third Party Requestor. Also, the City of Chicago Heights will accept an assignment of all Tax Certificate of Purchase from Cook County
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