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:
028, 28-12-315-001-0000; 028, 28-12-315-002-0000; 028, 28-12-315-003-0000; 028, 28-12-315-004-0000; 028, 28-12-315-005-0000, 028, 28-12-315-006-0000; 028, 28-12-315-007-0000; 028, 28-12-315-008-0000; 028, 28-12-315-009-0000; 028, 28-12-315-010-0000; 028, 28-12-315-011-0000; 028, 28-12-315-012-0000; 028, 28-12-315-013-0000; 028, 28-12-315-014-0000; 028, 28-12-315-015-0000; 028, 28-12-315-016-0000; 028, 28-12-315-017-0000; 028, 28-12-315-018-0000; 028, 28-12-315-019-0000; 028, 28-12-315-020-0000; 028, 28-12-315-021-0000; 028, 28-12-315-022-0000; 028, 28-12-315-023-0000.
Summary: The Permanent Index Numbers PINs being requested are (listed). This request package contains 23 PINs. The intended use of the 23 PINS within volume 028, will be used to stimulate a commercial project in this vacant commercial strip. 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 23 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 the 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.
end