093_HB0842ham001 LRB093 05622 MKM 12626 a 1 AMENDMENT TO HOUSE BILL 842 2 AMENDMENT NO. . Amend House Bill 842 by replacing 3 everything after the enacting clause with the following: 4 "Section 5. The Counties Code is amended by changing 5 Section 5-11001 as follows: 6 (55 ILCS 5/5-11001) (from Ch. 34, par. 5-11001) 7 Sec. 5-11001. Construction and maintenance of parking 8 facilities. Any county is hereby authorized to: 9 (a) Own, construct, equip, manage, control, erect, 10 improve, extend, maintain and operate motor vehicle parking 11 lots, garages, parking meters, and any other revenue 12 producing facilities necessary or incidental to the 13 regulation, control and parking of motor vehicles 14 (hereinafter referred to as parking facilities), and to 15 purchase real estate to be used for parking facilities, as 16 the county board finds necessary; 17 (b) Maintain, improve, extend and operate any such 18 parking facilities and to charge for the use thereof; 19 (c) Borrow money and issue and sell bonds in such amount 20 or amounts as the county board may determine for the purpose 21 of acquiring, completing, erecting, constructing, equipping, 22 improving, extending, maintaining or operating any or all of -2- LRB093 05622 MKM 12626 a 1 its parking facilities, and to refund and refinance the same 2 from time to time as often as it shall be advantageous and to 3 the public interest to do so. 4 (d) Acquire by eminent domain sufficient real estate for 5 motor vehicle parking lots or garages. 6 (Source: P.A. 86-962.) 7 Section 99. Effective date. This Act takes effect upon 8 becoming law.".