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Sen. John F. Curran
Filed: 5/9/2018
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1 | | AMENDMENT TO HOUSE BILL 4711
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2 | | AMENDMENT NO. ______. Amend House Bill 4711 on page 5, |
3 | | below line 14, by inserting the following:
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4 | | "Section 20. The Park District Code is amended by adding |
5 | | Section 10-8 as follows: |
6 | | (70 ILCS 1205/10-8 new) |
7 | | Sec. 10-8. Sale of water park facility. The Rockford Park |
8 | | District may sell all or part of a water park facility owned by |
9 | | the District that has more than 4 distinct amusement |
10 | | attractions located on land exceeding 40 acres, no portion of |
11 | | which consists of a neighborhood park or a nature preserve, if: |
12 | | (1) the board of commissioners of the Rockford Park |
13 | | District authorizes the sale by a vote of 80% or more of |
14 | | all commissioners in office at the time of the vote; and |
15 | | (2) the sale price equals or exceeds the average of 3 |
16 | | independent appraisals commissioned by the Rockford Park |