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Maywood approves Cook County Land Bank agreement to pursue abandoned-property acquisitions
Summary
The board approved an intergovernmental agreement with the Cook County Land Bank Authority to collaborate on acquiring and rehabilitating abandoned properties in Maywood; Angela Smith and a CCLBA representative summarized program goals.
The Village of Maywood on May 7 approved an intergovernmental agreement with the Cook County Land Bank Authority (CCLBA) intended to help the Village acquire and rehabilitate abandoned properties.
Angela Smith, Business Development Coordinator, and Mr. Rose from the CCLBA presented a summary of the collaboration's goals, which include acquiring tax-delinquent or abandoned parcels for redevelopment or resale. Trustees moved to approve the agreement and the measure passed by roll-call vote.
The agreement authorizes staff to work with the county land bank on property identification and acquisition steps; specifics of funding or a property list were not provided in the meeting minutes.
