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Village transfers fire‑damaged Greenlee property to CIC for disposition
Summary
Following foreclosure and two sheriff-sale rounds with no bidders, the village consolidated liens and now holds the fire‑damaged house on Greenlee; council decided to transfer the parcel to the CIC for disposition and the CIC was asked to accept it subject to any tax liabilities.
The board was informed May 27 that the village has completed foreclosure and now holds the fire‑damaged house on Greenlee and intends to transfer the property to the Saint Barn CIC for disposition.
According to the account given at the meeting, the village placed a lien and then purchased an assignment for delinquent taxes, consolidated liens and completed the foreclosure process. The property went to sheriff sale with a minimum bid of about $65,000 and received no bidders. The village council decided not to put the property out to open bid but to transfer it to the CIC for the CIC’s usual vetting and disposition process.
The speaker said the transfer will not include any upfront payment from the CIC to the village, but that the CIC would remain responsible for any tax liabilities after taking ownership. The board did not vote at this meeting to accept the property; members were informed that the transfer process is underway and that more information will follow once the transfer is complete.
