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Legislation Details
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File #:
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19-6784
Version:
1
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Name:
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Posen 2020 OTC NCB 1 PIN
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Type:
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No Cash Bid Request
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Status:
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Filed
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On agenda:
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11/21/2019
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Final action:
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12/1/2022
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Title:
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PROPOSED NO CASH BID REQUEST
Requestor: Frank Podbielniak, Village President, Village of Posen
Request: Approval of No Cash Bid Request
Location: Village of Posen
Volume and Property Index Number:
197, 29-07-111-004-0000
Summary: The Village of Posen would like to participate in the No-Cash Bid program. It would like to request the parcel of land with the following PIN:
This No Cash Bid program package contains a request for one (1) property PIN 29-07-111-004-0000. The property consists of an unsightly, unimproved vacant lot. It is the Village intent to redevelop this vacant parcel to eliminate blight and stabilize its community. The Village of Posen will file for tax exempt status on said properties. Legal counsel has been retained to obtain the tax deed on behalf of the Village and it will bear all legal and other costs associated with the acquisition of the parcels. Additionally, the Village will send a No-Cash Bid Report to the Cook County Bureau of Economic Development ...
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Indexes:
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(Inactive) DEBORAH SIMS, County Commissioner
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title
PROPOSED NO CASH BID REQUEST
Requestor: Frank Podbielniak, Village President, Village of Posen
Request: Approval of No Cash Bid Request
Location: Village of Posen
Volume and Property Index Number:
197, 29-07-111-004-0000
Summary: The Village of Posen would like to participate in the No-Cash Bid program. It would like to request the parcel of land with the following PIN:
This No Cash Bid program package contains a request for one (1) property PIN 29-07-111-004-0000. The property consists of an unsightly, unimproved vacant lot. It is the Village intent to redevelop this vacant parcel to eliminate blight and stabilize its community. The Village of Posen will file for tax exempt status on said properties. Legal counsel has been retained to obtain the tax deed on behalf of the Village and it will bear all legal and other costs associated with the acquisition of the parcels. Additionally, the Village will send a No-Cash Bid Report to the Cook County Bureau of Economic Development on the status of the parcels for five (5) years or until development is complete. There is no Third-Party Requestor involved in this request by the Village of Posen.
end
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