cover
TO: Mayor Thomas J. Weisner
FROM: Chuck Nelson
DATE: March 25, 2016
SUBJECT:
Resolution allowing the Mayor to execute an agreement to accept the donation of real property located at 1126 S. Fourth Street, Aurora, Illinois
PURPOSE:
To obtain authorization for the Mayor to execute the agreement that will allow Mrs. Genoveva Menendez 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 1126 S. Fourth St., Aurora, Illinois was the subject of a repair or demolition action, pursuant to 11-31-1 of the Illinois Municipal Code. After receiving service of the Summons and Complaint filed by the City, the two (2) bank lienholders of record released their interest in the property. Mrs. Menendez is elderly and now permanently resides in Wisconsin and has expressed no desire to return to Illinois. Mrs. Menendez, the sole owner of the abandoned property has determined that donation of the property 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 1126 S. Fourth St. is one of the properties that have fallen into a state of disrepair for which the only viable remedy is demolition.
IMPACT STATEMENT:
The acceptance of the donated property will n...
Click here for full text