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...
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