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File #: 19-3054    Version: 1 Name: Lemont 2019 NCB 1 PIN
Type: No Cash Bid Request Status: Approved
File created: 4/18/2019 In control: Finance Subcommittee on Tax Delinquency
On agenda: 4/25/2019 Final action: 6/6/2019
Title: PROPOSED NO CASH BID REQUEST Requestor: John Egofske, President, Village of Lemont Request: Approval of No Cash Bid Request Location: Village of Lemont Volume and Property Index Number: 062, 22-20-418-014-0000 Summary: This letter is to express the Village of Lemont's interest in receiving a No Cash Bid for a parcel located in Lemont. The permanent index number of the parcel requested is: This Request Package contains 1 PIN (the "Subject Property"). The PIN requested is currently a vacant land parcel in the Village of Lemont. It is the intent of the Village of Lemont, as part of its overall economic development strategy, to acquire the Subject Property and return it to a beneficial use for the citizens of the Village. The Subject Property is a vacant land parcel of property in the Village and will be used for public parking. The Village of Lemont has retained legal counsel in order to obtain the tax deed and will bear all costs associated with the acquisition of the parcel...
Indexes: DEBORAH SIMS, County Commissioner

title

PROPOSED NO CASH BID REQUEST

 

Requestor:  John Egofske, President, Village of Lemont

 

Request:  Approval of No Cash Bid Request 

 

Location:   Village of Lemont

 

Volume and Property Index Number:

062, 22-20-418-014-0000

 

Summary:  This letter is to express the Village of Lemont’s interest in receiving a No Cash Bid for a parcel located in Lemont. The permanent index number of the parcel requested is: This Request Package contains 1 PIN (the “Subject Property”). The PIN requested is currently a vacant land parcel in the Village of Lemont.  It is the intent of the Village of Lemont, as part of its overall economic development strategy, to acquire the Subject Property and return it to a beneficial use for the citizens of the Village. The Subject Property is a vacant land parcel of property in the Village and will be used for public parking.

The Village of Lemont has retained legal counsel in order to obtain the tax deed and will bear all costs associated with the acquisition of the parcel.  In accordance with the requirements of the Cook County No Cash Bid Ordinance, the Village of Lemont will submit to the Cook County Office of Economic Development a No Cash Bid Report on the status of each parcel for five years or until development is complete whichever comes last. In accordance with the requirements of the Cook County No Cash Bid Program, the Village of Lemont hereby certifies that it does not have an identified third party requestor associated with the filing of this application and will accordingly take the necessary steps to have the Subject Property declared tax exempt for municipal use and will submit to the Cook County Board of Review a Real Estate Exemption Complaint for tax exempt status.

 

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