title
PROPOSED NO CASH BID REQUEST
Requestor: Thaddeus M. Jones, Mayor, City of Calumet City
Request: Approval of No Cash Bid Request
Location: City of Calumet City
Volume and Property Index Number:
223, 30-08-405-012-0000.
Summary: The City of Calumet City is seeking assistance from the County's No Cash Bid program to acquire one (1) PIN which has an unoccupied single-family home that is residentially zoned, as part of this request package. While the City's enclosed Resolution contains ten (10) PINs, this NCB Package requests the following one (1) PIN listed. The City is withdrawing PIN 30-18-129-018-0000 from consideration as mentioned in the resolution. The other eight (8) PINs in the resolution will be requested in one of the City's other five (5) NCB Request Packages being submitted for the 2023-2024 Round 3. The PIN list is as follows: To the best of the City's knowledge, the PIN is an unoccupied single-family home. Calumet City desires to acquire the property to sell to a developer to be restored, renovated and sold for single family use. The City has not identified any specific Third-Party developers or potential owners in which to convey title to at this time. Therefore, at this time, there are no agreements to disclose with Third-Party Requestors regarding the subject parcel. However, the purpose of the request is to improve community and economic development opportunities and enhance quality of life. Ultimately, the City's purpose coincides with the County's objective to acquire tax delinquent properties for reuse in private development and tax reactivation - while meeting the City's comprehensive plan. The City will file for tax exempt status accordingly and will maintain the status until the tax deed is conveyed to a developer. In addition, the City will continue utilizing its legal counsel to obtain the tax deed and bear all legal and other costs associated with the acquisition of the parcel identified. The City agrees to submit No Cash Bid...
Click here for full text