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PROPOSED NO CASH BID REQUEST
Requestor: Darren E. Bryant, Mayor, Village of Robbins
Request: Approval of No Cash Bid Request
Location: Village of Robbins
Volume and Property Index Number:
024, 28-02-406-042-0000; 024, 28-02-406-043-0000; 024, 28-02-406-045-0000; 024, 28-02-406-046-0000; 024, 28-02-406-047-0000; 024, 28-02-406-048-0000; 024, 28-02-406-049-0000; 024, 28-02-406-050-0000; 024, 28-02-406-051-0000; 024, 28-02-406-052-0000; 024, 28-02-406-059-0000; 024, 28-02-406-060-0000
Summary: Please accept this letter as an official request from the Village of Robbins expressing interest in participating in the Cook County No Cash Bid Program to acquire the following twelve (12) property index numbers:
The Village of Robbins will not utilize a third-party requestor for these properties. The Village of Robbins will find a developer that will not only pay the taxes of these properties but will also provide a use for the subject property that will benefit the Village of Robbins.
The Legal Department of the Village of Robbins will obtain tax deeds for these properties, and the Village of Robbins will bear all legal and other costs associated with the acquisition of these properties. The Village of Robbins will file for tax-exempt status for these properties, and the Village of Robbins will notify the Cook County Assessor when it conveys these properties so that they can be placed back on the tax roll.
These properties will be used for municipal use and/or maintained by the Village of Robbins until they are conveyed to a developer. The Village of Robbins will submit to the Cook County Office of Economic Development, on a form provided by the office, reports on the status of these properties for five years or until development is complete, whichever occurs last, as required by the Cook County No Cash Bid Ordinance.
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