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PROPOSED NO CASH BID REQUEST
Requestor: Tyrone Ward, Mayor, Village of Robbins
Request: Approval of No Cash Bid Request
Location: Village of Robbins
Volume and Property Index Number:
024, 28-02-201-004-0000; 024, 28-02-201-005-0000; 024, 28-02-209-028-0000
Summary: The Village of Robbins respectfully requests that the Cook County Board of Commissioners approve a No Cash Bid for the following three parcels of real estate: The three requested parcels have unoccupied residential structures. The Village intends to demolish the structures and hold the subsequently vacant land for future redevelopment. The Village of Robbins will file for exempt status for the above requested PINs. The Village will retain the PINs for municipal use or maintain the status until tax deeds are conveyed to a third party.
The Village of Robbins has not executed an agreement with a Third Party Requestor for the above listed parcels. The Village of Robbins will retain legal counsel to obtain tax deeds and bear all legal and other costs associated with acquisition of the parcels. The Village of Robbins agrees to submit to the Cook County Bureau of Economic Development, on a form provided by the office, reports on the status of each parcel for five years or until redevelopment is complete, whichever occurs last, as required by the No Cash Bid Ordinance.
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