File #: 15-5792    Version: 1 Name: Dixmoor 11 PINs 2015 NCB Round 3
Type: No Cash Bid Request Status: Approved
File created: 10/1/2015 In control: Finance Subcommittee on Tax Delinquency
On agenda: 10/7/2015 Final action: 12/16/2015
Title: PROPOSED NO CASH BID REQUEST Requestor: Dorothy Armstrong, President, Village of Dixmoor Request: Approval of No Cash Bid Request Location: Village of Dixmoor Volume and Property Index Number: 197, 29-07-108-001-0000; 197, 29-07-108-002-0000; 197, 29-07-108-003-0000; 197, 29-07-108-004-0000; 197, 29-07-108-005-0000; 197, 29-07-108-006-0000; 197, 29-07-108-007-0000; 197, 29-07-108-008-0000; 197, 29-07-118-003-0000; 197, 29-07-134-001-0000; 197, 29-07-134-002-0000 Summary: Please accept this letter as an official request from the Village of Dixmoor expressing interest in participating in the Cook County No Cash Bid Program. The Permanent Index Numbers PINs being requested are listed. This request package contains 11 PINs. The intended use of the first eight (8) PINS will be used for commercial development. The remaining PINs will be used to return Village used property back under municipal control. The last three (3) PINs have Village owned structures on them. Ple...
Indexes: (Inactive) DEBORAH SIMS, County Commissioner

title

PROPOSED NO CASH BID REQUEST

 

Requestor:  Dorothy Armstrong, President, Village of Dixmoor

 

Request:  Approval of No Cash Bid Request 

 

Location:   Village of Dixmoor

 

Volume and Property Index Number:

197, 29-07-108-001-0000; 197,                     29-07-108-002-0000; 197, 29-07-108-003-0000; 197, 29-07-108-004-0000; 197, 29-07-108-005-0000; 197, 29-07-108-006-0000; 197, 29-07-108-007-0000; 197, 29-07-108-008-0000; 197, 29-07-118-003-0000; 197, 29-07-134-001-0000; 197, 29-07-134-002-0000

 

Summary:  Please accept this letter as an official request from the Village of Dixmoor expressing interest in participating in the Cook County No Cash Bid Program. The Permanent Index Numbers PINs being requested are listed. This request package contains 11 PINs. The intended use of the first eight (8) PINS will be used for commercial development. The remaining PINs will be used to return Village used property back under municipal control. The last three (3) PINs have Village owned structures on them.

Please note that the Village of Dixmoor 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 Village of Dixmoor is requesting the previously mentioned 11 PINs which have no third party requestor for the current No Cash Bid Program. The Village of Dixmoor will retain legal counsel in order to obtain the tax deed and bear all legal and other cost assisted with the acquisition of the parcels. The Village of Dixmoor 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