Re: taxes on parking


Subject: Re: taxes on parking
From: Jim Thomas (jthomas@sun.soci.niu.edu)
Date: Sun Feb 09 2003 - 21:27:49 CST


On Mon, 10 Feb 2003 michaelrut@firstpropertiesllc.com wrote:

> I honestly know nothing more than the notices were delivered to my office, and
> Bryan forwarded them on (I never saw them). While I did not see them, I
> believe they would be for 2001 taxes payable in 2002, correct? They were not
> paid in 2002 so now, in 2003, they are going to tax sale. I am out of the
> office Friday and Monday, but (Mary) please confirm the date of the tax bill by
> replying to this email.

That's about the gist of it, Michael. My statement has as the header:
    COOK COUNTY REAL ESTATE TAX DELINQUENCY
  FINAL NOTICE BEFORE PROPERTY TAX SALE

Some excerpts;
  "Delinquent 2001 taxes were billed in two installments that were due
   in 2002. The first installment ws due March 1,2002. The second
   installment was due November 1, 2002."

   "The annual tax sale begins March 10, 2003. To remove this property
    from the tax-sale list, this delinquency must be paid in full
    through the Cook County Collector."

Some rather important questions here that maybe somebody could answer:

1) The taxes, it appears, were originally sent to Lasalle Bank. Why
weren't they forwarded to us last year? The original residents of
the lofts were notified last year that we had to be sure that we
notified Cook County to change the address of record for our Unit
from LaSalle to our unit address, but no notification (that I recall)
followed about the deeded parking places--because the spaces were
operational nearly a year after many of us moved in, we assumed that,
on any normal planet, the addresses of our pin numbers would match the
loft addresses, and Rezmar never indicated otherwise.

2) Did all vanguard residents get this, or only those who orginally
bought from Rezmar when LaSalle Bank was the title holder? If newcomers
aren't aware of potential property tax sales on their parking places,
does this mean that strangers could buy a deeded space in our
association space?

3) What happened, how, and why?? Is this another Rezmar screw up,
or just something that slipped through the cracks??

4) If this is a Rezmar screwup, should we seek restitution for the
late fees from Rezmar?? (In our case, it's all of about $5, but still....

jt / 501



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