File #: 17-1593    Version: 1 Name: City of Evanston 3 - 2 PINs 2017 Round 1
Type: No Cash Bid Request Status: Approved
File created: 1/31/2017 In control: Finance Subcommittee on Tax Delinquency
On agenda: 2/8/2017 Final action: 4/12/2017
Title: PROPOSED NO CASH BID REQUEST Requestor: Wally Bobkiewicz, City Manager, City of Evanston Request: Approval of No Cash Bid Request Location: City of Evanston Volume and Property Index Number: 053, 10-13-214-002-0000; 053, 10-13-220-035-0000. Summary: The City of Evanston is interested in participating in the 2017 No Cash Bid Program to acquire tax delinquent vacant land that will be redeveloped as affordable housing and green space in west Evanston based on the West Evanston Master Plan (WEMP) that was generated following a robust community engagement process and approved by the Evanston City Council. This Request Package contains two (2) PINs that that are listed in order by volume number and PIN. The first PIN is suitable for redevelopment as a single family home. The second would be redeveloped as multi-family housing or as a mixed use building with retail/commercial on the ground floor. The City owns parcels adjacent to this parcel that would be aggregated for developmen...
Indexes: (Inactive) DEBORAH SIMS, County Commissioner

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PROPOSED NO CASH BID REQUEST

 

Requestor:  Wally Bobkiewicz, City Manager, City of Evanston

 

Request:  Approval of No Cash Bid Request 

 

Location:  City of Evanston

 

Volume and Property Index Number:

053, 10-13-214-002-0000; 053, 10-13-220-035-0000.

 

Summary:  The City of Evanston is interested in participating in the 2017 No Cash Bid Program to acquire tax delinquent vacant land that will be redeveloped as affordable housing and green space in west Evanston based on the West Evanston Master Plan (WEMP) that was generated following a robust community engagement process and approved by the Evanston City Council. This Request Package contains two (2) PINs that that are listed in order by volume number and PIN.

 

The first PIN is suitable for redevelopment as a single family home. The second would be redeveloped as multi-family housing or as a mixed use building with retail/commercial on the ground floor. The City owns parcels adjacent to this parcel that would be aggregated for development.

 

The City will file for tax exempt status on all of the parcels for as long as the City retains ownership. The City does not have an agreement with a third party to convey the parcels or for redevelopment at this time. The City will bear all legal costs and expenses to obtain the tax deed and clear title to the acquired parcels. The City agrees to submit to the Cook County Bureau of Economic Development an annual report on the status of the parcels acquired through the No Cash Bid program for five years or until development is completed, whichever occurs last.

 

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