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File #: 19-3063    Version: 1 Name: Richton Park 2019 NCB 8 PINs
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: Richard Reinbold, President, Village of Richton Park Request: Approval of No Cash Bid Request Location: Village of Richton Park Volume and Property Index Number: 180, 31-26-300-042-0000; 180, 31-26-303-057-0000; 180, 31-26-312-005-0000; 180, 31-26-312-006-0000; 180, 31-27-400-038-0000; 180, 31-34-105-021-0000; 180, 31-35-102-005-0000; 180, 31-35-103-010-0000 Summary: The Village of Richton Park is interested in receiving No Cash Bids for the parcels listed below: This vacant parcel is located in Richton Park's designated Town Center area. Ownership of this parcel would enable the Village to work directly with a developer or group to facilitate the Town Center Plan for mixed use development. This is a long-vacant commercial building the Village would like to incorporate into a larger Town Center development. The Village would use this vacant parcel to spur residential development and completion of a subdivision plan. The Village would ...
Indexes: DEBORAH SIMS, County Commissioner
title
PROPOSED NO CASH BID REQUEST

Requestor: Richard Reinbold, President, Village of Richton Park

Request: Approval of No Cash Bid Request

Location: Village of Richton Park

Volume and Property Index Number:
180, 31-26-300-042-0000; 180, 31-26-303-057-0000; 180, 31-26-312-005-0000; 180, 31-26-312-006-0000; 180, 31-27-400-038-0000; 180, 31-34-105-021-0000; 180, 31-35-102-005-0000; 180, 31-35-103-010-0000

Summary: The Village of Richton Park is interested in receiving No Cash Bids for the parcels listed below: This vacant parcel is located in Richton Park's designated Town Center area. Ownership of this parcel would enable the Village to work directly with a developer or group to facilitate the Town Center Plan for mixed use development. This is a long-vacant commercial building the Village would like to incorporate into a larger Town Center development. The Village would use this vacant parcel to spur residential development and completion of a subdivision plan. The Village would use this vacant parcel to spur residential development and completion of a subdivision plan. This vacant parcel is located in Richton Park's designated Town Center area. Ownership of this parcel would enable the Village to work directly with a developer or group to facilitate the Town Center Plan for mixed use development. The Village would use this vacant parcel to provide a right-of-way to other residential parcels. This is a long-vacant commercial building the Village would like to incorporate into a larger Town Center development. The Village would use this vacant parcel to spur residential development and completion of a subdivision plan. This Request Package contains eight (8) PINs.
The Village of Richton Park will file for tax exempt status on the above-referenced parcels and will maintain the status until the tax deeds are conveyed to a developer. The Village of Richton Park does not have a Third Party Requestor for the above-referenced parcels. The Village of Richton P...

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