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PROPOSED NO CASH BID REQUEST
Requestor: Ronald Denson, Mayor, Village of Calumet Park
Request: Approval of No Cash Bid Request
Location: Village of Calumet Park
Volume and Property Index Number:
037, 25-30-209-039-0000; 037, 25-30-209-040-0000; 037, 25-30-209-041-0000; 037, 25-30-209-042-0000.
Summary: This letter is to express the Village of Calumet Park's interest in receiving a No Cash Bid for parcels located in Calumet Park. The permanent index numbers of the parcels requested are:
This Request Package contains four (4) PINs (the "Subject Property"). The PINs requested currently are vacant land parcels in the Village of Calumet Park ("Village"). PIN 25-30-209-039-0000 contains an advertising billboard. It is the intent of the Village, 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 all vacant land which, to the best of our knowledge, is unoccupied except for the PIN containing the billboard. The Village would like to see the property used for economic development. The Village would sell the property to a potential developer.
The Village 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 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 hereby certifies that it does not have an identified third-party requestor associated with the filing of this application. The Village will accordingly take the necessary steps to have the Subject Property declared tax exempt for municipal use by submitting to the Cook County Board of Review a Real ...
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