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17-2372
| 1 | | REQUESTING THE COOK COUNTY TREASURER AND THE COOK COUNTY CLERK TO REPORT ON CHANGES TO THE ANNUAL TAX SALE AND IMPACT TO HOUSING AND COMMUNITY DEVELOPMENT IN COOK COUNTY | Resolution | PROPOSED RESOLUTION
REQUESTING THE COOK COUNTY TREASURER AND THE COOK COUNTY CLERK TO REPORT ON CHANGES TO THE ANNUAL TAX SALE AND IMPACT TO HOUSING AND COMMUNITY DEVELOPMENT IN COOK COUNTY
WHEREAS, the County of Cook is a home rule unit of government pursuant to the 1970 Illinois Constitution, Article VII, Section 6 (a); and,
WHEREAS, pursuant to their home rule powers, the Cook County Commissioners may exercise any power and perform any function relating to their governments and affairs, including the power to regulate for the protection of the public health, safety, morals, and welfare; and,
WHEREAS, under Illinois law, the Cook County Treasurer’s Office is required to conduct an annual tax sale and biennial scavenger sale of delinquent PINS and parcels; and,
WHEREAS, due to a state amendment (PA 98-1101) passed in August 2014, the County must apply for judgment and order of sale against tax delinquent properties earlier each year; and,
WHEREAS, Cook County revenues from annual tax sales are impacted significantly due to the loss of statutory interest collection | | |
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