Tuesday, September 18, 2012

Chase Tower Escapes Tax Sale in South Bend

From the South Bend Tribune:
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The Chase Tower narrowly avoided the auction block Tuesday when the county treasurer received a check in the mail from the building's original owner, Dillingham Hill Real Estate, paying $344,775.25 in back taxes.

The county property tax sale is scheduled for Thursday morning on the fourth floor of the County-City Building and this isn't the first time the troubled Chase Tower has narrowly escaped the sale.

"It's been close to the final buzzer situation," said County Treasurer Sean Coleman of the two other times the building's owners almost didn't pay property taxes on time.

In fact, Coleman added, Dillingham Hill's last property tax payment before Tuesday's was in March 2011.
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http://www.southbendtribune.com/news/sbt-chase-tower-escapes-auction-blockchase-tower-escapes-auction-block-20120918,0,2439301.story