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PROPOSED NO CASH BID REQUEST
Requestor: Fitzgerald Roberts, Mayor, Village of Dixmoor
Request: Approval of No Cash Bid Request
Location: Village of Dixmoor
Volume and Property Index Number:
197, 29-06-407-010-0000; 197, 29-06-407-019-0000; 197, 29-06-422-021-0000; 197, 29-06-422-022-0000; 197, 29-06-422-023-0000; 197, 29-06-422-024-0000; 197, 29-06-422-025-0000; 197, 29-06-422-045-0000; 197, 29-06-422-046-0000; 197, 29-06-422-047-0000; 197, 29-07-127-049-0000; 197198, 29-07-204-005-0000; 197198, 29-07-204-006-0000; 197198, 29-07-204-007-0000; 197198, 29-07-204-008-0000; 197198, 29-07-204-009-0000; 197198, 29-07-205-042-0000
Summary: This request package contains 17 PINs. The intended use of the eleven (11) PINS labeled residential vacant land will be used for the purpose of developing new affordable housing in the Village. The intended use of the five (5) PINs labeled commercial vacant land will be used to attract new commercial development projects. The intended use of the last the PIN will be used to regain control of the Village Recreation Center, which is currently occupied.
Please note that the Village of Dixmoor will file for tax exempt status on all above parcels/PINs. The above PINs will be used for municipal use or maintained until the tax deed(s) are conveyed to a developer. The Village of Dixmoor is requesting the previously mentioned 17 PINs which have no third party requestor for the current No Cash Bid Program. The Village of Dixmoor will retain legal counsel in order to obtain the tax deeds and bear all legal and other cost assisted with the acquisition of the parcels. The Village of Dixmoor agrees to submit to the Cook County Bureau of Economic Development, No Cash Bid reports on the status of each parcel for 5 years or until development is complete, or whichever occurs last, as required by the Cook County No Cash Bid Ordinance.
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