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PROPOSED NO CASH BID REQUEST
Requestor: Ronald Denson, Mayor, Village of Calumet Park
Request: Approval of No Cash Bid Request
Location: Village of Calumet Park
Volume and Property Index Number:
036, 25-29-415-010-0000; 037, 25-30-203-008-0000; 037, 25-30-207-033-0000; 037, 25-30-207-034-0000; 037, 25-30-207-035-0000; 037, 25-30-207-036-0000; 037, 25-30-208-009-0000; 037, 25-30-216-037-0000; 037, 25-30-216-038-0000; 037, 25-30-216-039-0000; 037, 25-30-402-001-0000; 037, 25-30-402-002-0000; 037, 25-30-402-003-0000; 037, 25-30-402-004-0000; 037, 25-30-402-005-0000; 037, 25-30-402-006-0000; 037, 25-30-402-007-0000; 037, 25-30-402-008-0000; 037, 25-30-402-009-0000; 037, 25-30-402-010-0000; 037, 25-30-403-002-0000; 037, 25-30-403-003-0000; 037, 25-30-407-003-0000; 037, 25-30-407-004-0000; 037, 25-30-408-026-0000; 037, 25-30-410-002-0000; 037, 25-30-410-003-0000; 037, 25-30-410-004-0000; 037, 25-30-410-009-0000; 037, 25-30-410-010-0000; 037, 25-30-410-011-0000; 037, 25-30-410-012-0000; 037, 25-30-417-044-0000
Summary: This letter is to express the Village of Calumet Park's interest in receiving a No Cash Bid for parcels located in Calumet Park. The permanent index numbers of the parcels requested are: This Request Package contains 33 PINs (the "Subject Property"). The PINs requested are currently vacant land properties in the Village of Calumet Park. Three of these PINs, 25-30-216-037-0000, 25-30-216-038-0000 and 25-30-216-039-0000 are vacant land and right-of-way parcels, these right-of-way parcels will be retained upon acquisition of these parcels. It is the intent of the Village of Calumet Park, as part of its overall economic development strategy, to acquire the Subject Property and return it to a beneficial use for the citizens of the Village in order to facilitate redevelopment in the area surrounding the Subject Property. The Village intends to market the Subject Property for future economic development, except for those aforementioned PINs wit...
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