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PROPOSED NO CASH BID REQUEST
Requestor: Roger A. Agpawa, Mayor, City of Markham
Request: Approval of No Cash Bid Request
Location: City of Markham
Volume and Property Index Number:
028, 029, 28-13-331-030-0000; 028, 029, 28-13-331-031-0000; 028, 029, 28-13-331-032-0000; 028, 029, 28-13-331-033-0000; 028, 28-14-430-031-0000; 212, 29-19-424-037-0000; 212, 29-19-424-038-0000; 212, 29-19-424-039-0000; 212, 29-19-424-040-0000
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 property index numbers (hereinafter referred to as PIN) being requested are: This Request Package contains one (9) PINs. The intended use of the (9) PINS within volume 028 and 212, will be used to stimulate development projects in these vacant lands and commercial strip. These PINs will also be upgraded to improve lots, with a variety of water and street projects. PIN 28-14-430-031-0000 is an unoccupied commercial structure, located adjacent to an operating business.
Please note that the City of Markham will file for tax exempt status on all above parcels/PINs. The above PINs will be used for municipal use or maintained until the tax deed(s) are conveyed to a developer. The City of Markham is requesting the previously mentioned (9) PINs which have no third-party requestor for the current No Cash Bid Program. The City of Markham will retain legal counsel in order to obtain tax deed and bear all legal and other cost assisted with the acquisition of the parcels. 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.
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