Village of Roscoe Committee of the Whole Agenda May 5 2026
Draft Donation Agreement Prepared for NILBA Property Transfer
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Description
A draft Donation Agreement outlines how the Northern Illinois Land Bank Authority would accept fee simple title to a donor property via quit claim deed and assume control for redevelopment. The agreement details as-is acceptance, closing responsibilities, and the right of either party to terminate before closing.
Contract Details
Vendor
NORTHERN ILLINOIS LAND BANK AUTHORITY
Agency
Roscoe village (pt.), IL
Contract Type
OTHER
Document Date
May 5, 2026
Renewal Info
Initial land donation agreement; not a renewal.
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