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Legislation Details
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File #:
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15-6554
Version:
1
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Name:
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City of Markham 2015 Round 5 1 PIN
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Type:
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No Cash Bid Request
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Status:
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Approved
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On agenda:
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11/18/2015
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Final action:
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12/16/2015
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Title:
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PROPOSED NO CASH BID REQUEST
Requestor: David Webb, Jr., Mayor, City of Markham
Request: Approval of No Cash Bid Request
Location: City of Markham
Volume and Property Index Number:
032; 28-23-304-020-0000
Summary: Please accept this letter as an official request from the City of Markham expressing interest in participating in the Cook County No Cash Bid Program. The Permanent Index Number PIN being requested is above. This request package contains 1 PIN. The intended use of the 1 PIN will be used to enhance the City's main commercial/ business district. The above listed parcel will all be redeveloped within six (6) months' time. Please note that the City of Markham will file for tax exempt status on the above parcel/PIN. The above PIN will be used for municipal use or maintained until the tax deed is conveyed to a developer. The City of Markham is requesting the previously mentioned 1 PIN which has a third party requestor for the current No Cash Bid Program. The ...
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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: David Webb, Jr., Mayor, City of Markham
Request: Approval of No Cash Bid Request
Location: City of Markham
Volume and Property Index Number:
032; 28-23-304-020-0000
Summary: Please accept this letter as an official request from the City of Markham expressing interest in participating in the Cook County No Cash Bid Program. The Permanent Index Number PIN being requested is above. This request package contains 1 PIN. The intended use of the 1 PIN will be used to enhance the City’s main commercial/ business district. The above listed parcel will all be redeveloped within six (6) months’ time. Please note that the City of Markham will file for tax exempt status on the above parcel/PIN. The above PIN will be used for municipal use or maintained until the tax deed is conveyed to a developer. The City of Markham is requesting the previously mentioned 1 PIN which has a third party requestor for the current No Cash Bid Program. The City of Markham will retain legal counsel in order to obtain the tax deed and bear all legal and other cost assisted with the acquisition of the parcel. The City of Markham agrees to submit to the Cook County Bureau of Economic Development, No Cash Bid reports on the status of each parcel for 5 years or until development is complete, or whichever occurs last, as required by the Cook county No Cash Bid Ordinance.
end
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