County Finance Committee Scheduled to Approve Sale of Two Lots for $1,300 to Z Financial

Largest political contributions made by Z Financial.

Looking at the McHenry County Board’s agenda and committee packet for Tuesday’s Finance Committee meeting, I saw that a Freeport company called Z Financial Illinois G Properties, LLC, is going to be allowed to purchase two parcels for $1,300.

The County seems to be selling property county government has obtained because people didn’t pay their taxes on it.

Not much money involved, but, on a whim, I decided to take a look at campaign contributions.

So, into the Illinois State Board of Elections contributions’ search engine I typed “Z Financial.”

Here’s what popped up:

  • $2,500 (3rd largest contribution made by the firm) – Bill LeFew 10/24/6
  • $2,000 (tie for 4th largest contribution made by the firm) – Bill LeFew 11/13/4
  • $2,000 (tie for 4th largest contribution made by the firm) – Bill LeFew 10/24/8

Nothing listed more recently.

No indication of any connection of the contributions over two years ago to anything happening this year, of course.

I decided to see what Z Financial wanted to purchase for $1,300, so I looked up the Property Index Numbers in the Treasurer’s data base. (Boy, do I wish I had that capability when I was County Treasurer from 1977-70. I tried to use note cards to keep up with addresses and couldn’t do it. Just too many changes.)

PIN numbers 09 06 281 015 and 016 are each ssessed (after the state multiplier) at $6,188. Total market value, according to the assessor, would be over $37,000 (three times the assessed value). From Google’s information, I can’t tell if it is two empty lots, but the parcels are adjacent, so a house probably could be built on them, if they are empty.

Seems they might be worth more than $1,300 in resolution in the County Board’s Finance Committee’s packet.


Comments

County Finance Committee Scheduled to Approve Sale of Two Lots for $1,300 to Z Financial — 4 Comments

  1. thanks for this interesting information; last week it was the county assessments office involved in a transfer of property that, fortunately, didn’t make it past the State DOR what’s going on up there in Woodstock? certainly expect our County Board members to get involved in these things. thanks, again, Cal for being a watchdog.

  2. This guy’s, Z financial, name is John Zajicek, and he has gotten rich by doing this type of thing. He owns a trailer court in Freeport and is a huge reason, (and Mayor Gaulrapp) as to why Freeport no longer has racetrack. He pads a lot of politicians election committees and shows up all over Illinois.

    Tutty
    Freeport, Illinois

Add Comment Register



Leave a Reply

Your email address will not be published. Required fields are marked *


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>