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TO: Mayor Thomas J. Weisner
FROM: Blanca Dominguez
DATE: September 12, 2014
SUBJECT:
Resolution allowing the Mayor to execute an agreement to accept the donation of real property located at 270 N. Calhoun Street, Aurora, Illinois.
PURPOSE:
To obtain authorization for the Mayor to execute the agreement that will allow Jeanette Edwards to donate the aforementioned property to the City pursuant to the terms and conditions in the Donation Agreement and Quitclaim Deed, which are attached to the Resolution as Exhibits A and B.
BACKGROUND:
The property located at 270 N. Calhoun, Aurora, Illinois was the subject of a repair or demolition action, pursuant to 11-31-1 of the Illinois Municipal Code, filed by the City on May 17, 2013. After receiving service of the Summons and Complaint filed by the City, JP Morgan Chase Bank, N.A., the lienholder of record released its interest in the property, as recorded in document 2013K077401. Ms. Edwards, the sole owner of the property abandoned the property since at least 2010. In the course of the pending litigation, Ms. Edwards determined that donation of the property was in her best interest.
DISCUSSION:
As a result of the economic problems affecting the housing market and the unprecedented number of foreclosure actions filed by various financial institutions, multiple properties within the city limits have been vacated and/or have become unsafe due to a lack of maintenance. The City has identified various such properties and determined that it is in the best interest of its residents for it to file court actions, under the relevant statutory provisions of the Illinois Municipal Code, requiring the repair or demolition of said unsafe/dangerous structures by current owners, or, in the alternative, give the City leave to do so. The property located at 270 N. Calhoun is one of the properties that has fallen into a state of disrepair for which the only viable remedy is demolition.
IMPACT STATEMENT:...
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