HomeMy WebLinkAboutRes 01-51 01/09/1951 FMO *AGH 1 &5c 1/11/51
RESOLUTION NO. /
A RESOLUTION TO THE COUNTY BOARD
OF COOK COUNTY, ILLINOIS, REGARD-
ING TAX FORECLOSURES.
* * * * * *
WHEREAS, litany applications are being made to the County
Board of Cook County for the foreclosure of the lien of general
taxes on delinquent and forfeited real estate within the Village
of Mount Prospect, Cook County, Illinois; and
WHEREAS, the President and Board of Trustees of said
Village are in accord with the County Board that tax foreclosure
proceedings be continued to restore delinquent properties to
the tax rolls.
NOW, THEREFORE, Be it Resolved by the President and
Board of Trustees of the Village of Mount Prospect, Cook County,
Illinois:
SECTION 1. That request is hereby made of the Board of
Commissioners of the County of Cook that only vacant property
be considered for the extinguishment of the lien of general
taxes by foreclosure.
SECTION 2. That the President and Board of Trustees
request the Board of Commissioners of Cook County not to con-
sider or accept any offer on vacant property at a guaranteed
bid of less than 50% of the principal amount due and sought to
be foreclosed.
SECTION 3. That no request for the foreclosure of im-
proved property within the limits of the Village of Mount
Prospect for the foreclosure of tax liens be considered.
SECTION 4. That this Board has adopted a policy not to
accept any bids for the forelosure of delinquent assessments
for less than 50% of the principal amount due.
SECTION 5. That a certified copy of this Resolution be
-2-
forwarded to the Board of Commissioners of the County of Cook
and State of Illinois.
SECTION 6. That this Resolution shall be in full force
and effect from and after its passage and approval, according
to law.
PASSED: this 9th day of January, A.D. 1951.
APPROVED: this 9th day of January, A.D. 1951.
i I
III