Title/Name/Summary
RESOLUTION REQUESTING A “NO CASH BID” FOR THE FOLLOWING LOCATIONS IN THE VILLAGE OF ORLAND PARK: 10629 163RD PLACE (LOT 26) AND 10609 163RD PLACE (LOT 27).
Body
WHEREAS, the Village of Orland Park (the “Village”) is an Illinois home rule municipality, having all of the powers and authority granted to such municipalities pursuant to Article VII, Section 6 of the Illinois Constitution of 1970, including the right to exercise any power and perform any function pertaining to its government and affairs; and
WHEREAS, the parcels of real estate (the “Properties”) legally described and depicted in EXHIBITS “A” and “B”, all of which exhibits are attached hereto and made part hereof; and
WHEREAS, the real estate taxes for the Properties for multiple years including 2014 have not been paid and have been forfeited; and
WHEREAS, the current title holder of 10629 163rd Pl. (Lot 26) is Benevolence International Foundation, which was dissolved by the Illinois Secretary of State in 2003; and
WHEREAS, the current title holder of 10609 163rd Pl. (Lot 27) is Benevolence International Foundation, which was dissolved by the Illinois Secretary of State in 2003; and
WHEREAS, the Village has declared economic development as one of its primary objectives; and
WHEREAS, the Village has identified two (2) properties, as more specifically identified in Section 2 below, which are either underutilized or abandoned, or are currently maintained by the Village and should be designated as such for municipal use (the “Properties”); and
WHEREAS, it has been discovered that no real estate taxes have been paid by the record owners of the Properties for several years; and
WHEREAS, the County of Cook, State of Illinois, has established a No-Cash Bid Program for municipalities to acquire tax certificates of purchase and tax deeds to tax delinquent property, thus eliminating all back taxes, interest, and penalties, in order to return such property to a viable use beneficial to the municipalities; and
WHEREAS, the President and Board of Trustees find and determine that it is in the best interests of the Village and its residents to acquire the Properties through participation in the No Cash Bid Program.
NOW, THEREFORE BE IT RESOLVED by the President and Board of Trustees of the Village of Orland Park, Cook and Will Counties, Illinois as follows:
SECTION 1
The foregoing recitals are incorporated by reference into Section 1 of this Resolution as material terms of the Resolution.
SECTION 2
The Village of Orland Park respectfully requests that the Cook County Board of Commissioners approve and submit a No Cash Bid to acquire Tax Certificates of Purchase for the nonpayment of taxes on the following two (2) Properties identified by permanent index numbers:
Vol. 147 27-20-409-007-0000 Vol. 147 27-20-409-008-0000
SECTION 3
The Village of Orland Park is authorized to proceed to accept an assignment of said Tax Certificates of Purchase from the County of Cook.
SECTION 4
The current and intended uses for the Properties, which will greatly benefit the Village, are as follows:
Vol. 147 27-20-409-007-0000: This vacant parcel is abandoned land at 10629 163rd Place. The Village has determined that there is future redevelopment potential or municipal use for this parcel and is requesting this parcel. The Village will file for tax exempt status and will maintain this parcel and tax exempt status on the parcel until the parcel is conveyed to a developer or devoted to a municipal use. There is no Third Party Requestor for this parcel at the present time.
Vol. 147 27-20-409-008-0000: This vacant parcel is abandoned land at 10609 163rd Place. The Village has determined that there is future redevelopment potential or municipal use for this parcel and is requesting this parcel. The Village will file for tax exempt status and will maintain this parcel and tax exempt status on the parcel until the parcel is conveyed to a developer or devoted to a municipal use. There is no Third Party Requestor for this parcel at the present time.
SECTION 5
The Village President and Board of Trustees shall, upon approval by the Cook County Board of Commissioners, direct the Village Attorney to obtain the tax deeds to the Properties and shall bear all legal and other costs associated with acquisition of the Properties.
SECTION 6
The Village will retain legal counsel to obtain the tax deed and bear all legal and other costs associated with the acquisition of the Properties.
SECTION 7
The Village agrees to submit to the Cook County Office of Economic Development an annual report on the Properties for five (5) years or until development is completed, whichever occurs last.
SECTION 8
There is currently no Third Party Requestor relative to either of the PINs set forth in this Resolution.
SECTION 9
This Resolution shall become effective immediately upon its passage as provided by law.