Skip to main content

Posts

Showing posts from January 12, 2012

ATTENTION CHICAGO CONDO OWNERS - TIME SENSITIVE CHANGES TO THE CITY's TRASH REBATE PROGRAM

Our great City of Chicago offers many many benefits to citizens. One of the less glamorous, albeit greatly appreciated services is garbage pick-up - at least for single family homes and small multi-unit buildings.
The recognized that condominium owners were paying for this service through their taxes, without realizing any benefit. The result, a rebate program to qualifying Condominium Associations to offset some of the costs of waste disposal.  The most recent City budget and recent changes to the municipal ordinance make some very important, and time sensitive changes:
An association can only file for the rebate for the 2011 operating year. Applications for prior years are not being accepted.  If your association did not apply for rebates for prior years, you will not be able to do so for 2011 or future years (lets call this one the "you snooze, you lose" provision). The rebate for 2011 will be limited to a total of$75 per owner-occupied residential unit. (the operative wo…