Bill Text: IL HB0125 | 2013-2014 | 98th General Assembly | Chaptered
Bill Title: Amends the Counties Code. Provides that any real property sold or conveyed by the joint regional planning commission must be appraised by a licensed and certified appraiser, and the appraisal shall be available for public inspection. Sets forth the contract requirements concerning the purchase of real property by the commission. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2013-08-09 - Public Act . . . . . . . . . 98-0196 [HB0125 Detail]
Download: Illinois-2013-HB0125-Chaptered.html
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Public Act 098-0196 | ||||
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AN ACT concerning local government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Counties Code is amended by adding Section | ||||
5-14008 as follows:
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(55 ILCS 5/5-14008 new) | ||||
Sec. 5-14008. Powers of commission; real property. The | ||||
joint regional planning commission may acquire, by purchase, | ||||
gift, or legacy, and hold real property for the purposes of the | ||||
joint regional planning commission, and may sell and convey | ||||
that property. The value of the real property shall be | ||||
determined by an appraisal performed by an appraiser licensed | ||||
under the Real Estate Appraiser Licensing Act of 2002 and who | ||||
is certified to appraise the type or types of property to be | ||||
valued. The appraisal report of the appraiser shall be | ||||
available for public inspection. The joint regional planning | ||||
commission may purchase the real property under contracts | ||||
providing for payment in installments over a period of time of | ||||
not more than 20 years and may finance the purchase of the real | ||||
property under finance contracts providing for payment in | ||||
installments over a period of time of not more than 20 years. | ||||
This Section applies only to a joint regional planning | ||||
commission if it consists of 3 or fewer counties that border |
the Illinois River, where at least one of those counties has a | ||
population of 180,000 or more.
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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