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PROPOSED NO CASH BID REQUEST
Requestor: Charles R. Griffin, Mayor, Village of Ford Heights
Request: Approval of No Cash Bid Request
Location: Village of Ford Heights
Volume and Property Index Number:
016, 32-23-114-046-0000; 016, 32-23-114-054-0000; 016, 32-23-118-040-0000; 016, 32-23-118-041-0000; 016, 32-23-118-042-0000; 016, 32-23-119-048-0000; 016, 32-23-245-001-0000; 016, 32-23-303-009-0000
Summary: The Village of Ford Heights requests the listed unoccupied commercial buildings in the Cook County Board of Commissioners 2015 No Cash Bid Program. This request package contains 8 property index numbers (PINs). The requested unoccupied commercial buildings will be used to assist in our efforts to revitalize, stabilize, and decrease vandalism in our community. The abandoned commercial buildings are located in blighted sections of the community. The Village of Ford Heights will immediately file for tax exempt status on the requested properties once the tax deeds have been issued and will retain exempt status until transfer of ownership. Our village attorney will obtain the tax deeds and the Village will bear all legal and other costs associated with the acquisition of these properties.
The Village of Ford Heights agrees to submit to the Cook County Department of Economic Development, No Cash Bid Reports on the status of each property for five (5) years or until development is complete, whichever occurs last. This No Cash Bid Request does not include a Third Party Request as the Village will work to rehab or demolish structures as needed to bring them back to municipal code.
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