File #: 15-5281    Version: 1 Name: Calumet City 2 7 PINs 2015 NCB Round 3
Type: No Cash Bid Request Status: Approved
File created: 9/2/2015 In control: Finance Subcommittee on Tax Delinquency
On agenda: 9/9/2015 Final action: 10/28/2015
Title: PROPOSED NO CASH BID REQUEST Requestor: Michelle Markiewicz-Qualkinbush, Mayor, City of Calumet City Request: Approval of No Cash Bid Request Location: City of Calumet City Volume and Property Index Number: 215, 29-24-200-067-0000; 215, 29-24-400-050-0000; 222, 30-07-303-007-0000; 222, 30-07-303-008-0000; 222, 30-07-303-009-0000; 223, 30-08-402-001-0000; 223, 30-08-402-002-0000 Summary: This correspondence will serve as notification of the interest of the City of Calumet City, a municipal corporation, in receiving a No Cash Bid for the parcels listed below via the No Cash Bid Program. This request package contains 7 improved property index numbers (PINs). PIN 29-24-200-067-0000 has an unoccupied and abandoned commercial structure that will be rehabilitated by the City and marketed. PIN 29-24-400-050-0000 has an unoccupied and abandoned commercial structure that will be rehabilitated by the City and marketed. PINs 30-07-303-007-0000, 30-07-303-008-0000, and 30-0...
Indexes: (Inactive) DEBORAH SIMS, County Commissioner
title
PROPOSED NO CASH BID REQUEST

Requestor: Michelle Markiewicz-Qualkinbush, Mayor, City of Calumet City

Request: Approval of No Cash Bid Request

Location: City of Calumet City

Volume and Property Index Number:
215, 29-24-200-067-0000; 215, 29-24-400-050-0000; 222, 30-07-303-007-0000; 222, 30-07-303-008-0000; 222, 30-07-303-009-0000; 223, 30-08-402-001-0000; 223, 30-08-402-002-0000

Summary: This correspondence will serve as notification of the interest of the City of Calumet City, a municipal corporation, in receiving a No Cash Bid for the parcels listed below via the No Cash Bid Program. This request package contains 7 improved property index numbers (PINs). PIN 29-24-200-067-0000 has an unoccupied and abandoned commercial structure that will be rehabilitated by the City and marketed. PIN 29-24-400-050-0000 has an unoccupied and abandoned commercial structure that will be rehabilitated by the City and marketed. PINs 30-07-303-007-0000, 30-07-303-008-0000, and 30-07-303-009-0000 have an unoccupied and abandoned commercial structure that will be demolished due to its condition upon ownership. PINs 30-08-402-001-0000 and 30-08-402-002-0000 have an unoccupied and abandoned commercial structure that will be demolished due to its condition upon ownership. It is the intention of the City of Calumet City to use all parcels for the commercial redevelopment of the areas in which the parcels are located. The commercial redevelopment of the parcels will return the property to a viable use beneficial to the municipality. The commercial redevelopment will also return the properties to a tax producing status, thereby generating economic development for the municipality and other taxing bodies.
The City of Calumet City, at this time, does not have an immediate intention to convey any Tax Certificate of Purchase from Cook County or any perfected deed to any Third Party Requestor. Also, the City of Calumet City will accept an assignment of all Tax Cert...

Click here for full text