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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, 22-20-419-003-0000
Summary: 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 recreation, trails, and open space.
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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