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PROPOSED NO CASH BID REQUEST
Requestor: Vernard L. Alsberry, Jr., President, Village of Hazel Crest
Request: Approval of No Cash Bid Request
Location: Village of Hazel Crest
Volume and Property Index Number:
034, 28-26-402-062-0000; 034, 28-26-412-018-0000; 034, 28-26-412-019-0000; 034, 28-26-412-020-0000; 034, 28-26-412-022-0000; 034, 28-26-412-023-0000; 034, 28-26-412-024-0000; 034, 28-26-412-025-0000; 034, 28-26-412-026-0000; 034, 28-26-412-027-0000; 034, 28-26-412-028-0000; 034, 28-26-412-029-0000; 034, 28-26-412-030-0000; 034, 28-26-412-031-0000; 034, 28-26-412-032-0000; 217, 29-30-202-031-0000; 217, 29-30-217-033-0000; 217, 29-30-217-034-0000; 217, 29-30-217-035-0000; 217, 29-30-217-036-0000; 217, 29-30-217-037-0000.
Summary: Please accept this letter as the Village of Hazel Crest's application to participate in the Cook County No Cash Bid Program for the 2017 County Over-the-Counter Sale for the parcels identified. This Request Package contains twenty-one (21) PINs.
The first fifteen (15) PINs are vacant land that has never been developed. It is the Village's desire to obtain title to this property through the County's No Cash Bid Program so that the property can be redeveloped for residential or commercial purposes or transferred to a private entity for redevelopment as residential or commercial property, returned to the tax rolls and create additional employment opportunities within the Village.
The remaining six (6) PINs previously were commercial structures but have since been demolished. It is the Village's desire to obtain title to this property through the County's No Cash Bid Program so that the property can be redeveloped for mixed use or commercial purposes or transferred to a private entity for redevelopment as mixed use or commercial property, returned to the tax rolls and create additional employment opportunities within the Village.
In the event this application is approved, it is the Village's intent to file the necessa...
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