On December 5, 2000, the City received the below referenced property through a Constable's Sale as a result of a tax foreclosure. The City is authorized to conduct a direct sale of tax-foreclosed property to a buyer for the lesser of the market value specified in the judgment amount of foreclosure or the tax judgment amount plus any accrued court costs. A written confirmation of intent to purchase the property was received from Opening Doors for Women in Need, a non-profit organization that provides assistance to single mothers and homeless women. The home will be provided to a graduate of the program or other women in need. Staff recommends selling the property to Opening Doors for Women in Need. As part of the property sale, staff will request the release of all existing City liens filed and collect authorized property management fees. Staff will also request that the Financial Management Services Revenue Office prorate labor charges attributable to the property described below so that the property may be conveyed free of encumbrances.
The Planning and Development Department has reviewed the current zoning of this property and determined that the zoning classification is compatible with respect to existing land use, the existing land uses of the surrounding neighborhood and future land use designations indicated by the Comprehensive Plan.
| Address | Legal Description | Price | Zoning | | 5300 Humbert Avenue | Lots 39 and 40, Block 103 | $8,966.03 | A-5 | | | Chamberlain Arlington Heights | | | | | No. 2 Addition | | |
This property is located in COUNCIL DISTRICT 7, Mapsco 75N. |
