Board of Commissioners of Cook County - File #: 15-5275

• File #: 15-5275
• Version: 1
• Name: Blue Island 1 1 PIN 2015 NCB Round 3
• Type: No Cash Bid Request
• Status: Approved
• File created: 9/2/2015
• In control: Finance Subcommittee on Tax Delinquency
• On agenda: 9/9/2015
• Final action: 10/28/2015
• Title: PROPOSED NO CASH BID REQUEST Requestor: Domingo F. Vargas, Mayor, City of Blue Island Request: Approval of No Cash Bid Request Location: City of Blue Island Volume and Property Index Number: 249, 24-36-432-002-0000 Summary: The City of Blue Island is seeking a No Cash Bid for the following tax delinquent parcel. This request package contains one (1) PIN. This property is vacant land located in a commercial area. Future plans are to consider the parcel for future commercial development. The City of Blue Island will file for tax exempt status until the time a tax deed may be conveyed to a developer. At this time, a third party developer has not been identified. The municipality has retained a firm to perfect the tax deed and will bear all legal and other costs associated with the acquisition of the parcels. The City of Blue Island will submit annual No Cash Bid reports to the Cook County Bureau of Economic Development for the following five years or until developme...
• Indexes: (Inactive) DEBORAH SIMS, County Commissioner

Date	Ver.	Action By	Motion	Result
10/28/2015	1	Finance Subcommittee on Tax Delinquency	recommend for approval	Pass
10/28/2015	1	Board of Commissioners	approve	Pass
9/9/2015	1	Board of Commissioners	refer	Pass

title

PROPOSED NO CASH BID REQUEST

Requestor:  Domingo F. Vargas, Mayor, City of Blue Island

Request:  Approval of No Cash Bid Request 

Location:   City of Blue Island

Volume and Property Index Number:

249, 24-36-432-002-0000

Summary:  The City of Blue Island is seeking a No Cash Bid for the following tax delinquent parcel. This request package contains one (1) PIN. This property is vacant land located in a commercial area. Future plans are to consider the parcel for future commercial development. The City of Blue Island will file for tax exempt status until the time a tax deed may be conveyed to a developer. At this time, a third party developer has not been identified. The municipality has retained a firm to perfect the tax deed and will bear all legal and other costs associated with the acquisition of the parcels. The City of Blue Island will submit annual No Cash Bid reports to the Cook County Bureau of Economic Development for the following five years or until development is complete, whichever occurs last.

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