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Maywood board directs staff to pursue Landbank acquisition of 30 Madison Street
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Summary
The board voted to direct staff to acquire 30 Madison Street through the Landbank process if the November 15 tax‑redemption deadline passes; the property must be used for municipal purposes under the Landbank Ordinance, and a trustee-led committee will shape intended municipal uses.
The Village of Maywood Board of Trustees directed staff to pursue acquisition of 30 Madison Street through the Cook County Landbank process if the tax certificate holder does not redeem the taxes by Nov. 15, 2018. Angela Smith told trustees the Landbank holds the tax certificate and that, under the Landbank Ordinance, properties acquired via the Landbank must be used for municipal purposes rather than private redevelopment. Trustees M. Lightford, A. Sanchez and H. Yarbrough agreed to serve on a committee to define municipal uses for the site.
Trustee M. Lightford moved the motion to direct staff to acquire the property via the Landbank; Trustee I. Brandon seconded. The motion carried by voice vote with Mayor Edwenna Perkins and trustees voting aye and Trustee R. Rivers recorded as absent.
Why it matters: The Landbank route is a mechanism for local governments to obtain tax‑delinquent properties for public use; the board’s direction preserves the option to place the site into municipal ownership if taxes are not redeemed by the statutory deadline. Officials noted that the precise municipal purpose for the site still needs to be determined before the acquisition process proceeds.
What’s next: The Board-appointed committee will meet to recommend allowable municipal uses; staff will return with next steps if the tax certificate is not redeemed on or before Nov. 15, 2018.