Share to Facebook Share to Twitter Bookmark and Share
File #: 17-2685    Version: 1 Name: Lansing 3 - 4 PINs 2017 NCB Round 1
Type: No Cash Bid Request Status: Approved
File created: 4/5/2017 In control: Finance Subcommittee on Tax Delinquency
On agenda: 4/12/2017 Final action: 6/7/2017
Title: PROPOSED NO CASH BID REQUEST Requestor: Norman F. Abbott, President, Village of Lansing Request: Approval of No Cash Bid Request Location: Village of Lansing Volume and Property Index Number: 230, 30-32-100-042-0000; 230, 30-32-116-022-0000; 230, 30-32-308-038-0000; 230, 30-32-308-040-0000. Summary: The purpose of this letter is to inform you of the Village of Lansing's desire to participate in the Cook County No-Cash Bid Program. The Village is interested in acquiring certain properties consisting of four (4) permanent index numbers that are delinquent in real estate taxes or special assessments for two (2) or more years, pursuant to 35 ILCS 200/21-90. Please accept this request to obtain the following four (4) permanent index numbers that are all commercial buildings. The first two (2) PINs are tenant occupied with Dr. Bona, dentist office, and Printmeisters, printing company. The Village intends to maintain occupancy, if desired, or sell to a commercial developer. The ...
Indexes: DEBORAH SIMS, County Commissioner

title

PROPOSED NO CASH BID REQUEST

 

Requestor:  Norman F. Abbott, President, Village of Lansing

 

Request:  Approval of No Cash Bid Request 

 

Location:   Village of Lansing

 

Volume and Property Index Number:

230, 30-32-100-042-0000; 230, 30-32-116-022-0000; 230, 30-32-308-038-0000; 230, 30-32-308-040-0000.                     

 

Summary:  The purpose of this letter is to inform you of the Village of Lansing’s desire to participate in the Cook County No-Cash Bid Program. The Village is interested in acquiring certain properties consisting of four (4) permanent index numbers that are delinquent in real estate taxes or special assessments for two (2) or more years, pursuant to 35 ILCS 200/21-90. Please accept this request to obtain the following four (4) permanent index numbers that are all commercial buildings. The first two (2) PINs are tenant occupied with Dr. Bona, dentist office, and Printmeisters, printing company. The Village intends to maintain occupancy, if desired, or sell to a commercial developer. The last two (2) requested PINs are owner occupied for storage. The Village intends to use the structure for public use since it is adjacent to a bike path.

 

Currently, there are no third-party-applicants for the properties. The Village agrees to report the status of each parcel to the Cook County Department of Economic Development annually for five (5) consecutive years or until the intended use is complete, whichever occurs last.  Also, the Village will apply for tax exempt status on each parcel once a tax deed is obtained and until a developer is designated. The Village further agrees to bear all costs to proceed to the tax deeds and perform all legal and other activities associated with this program.

end