Rep. Dan Reitz
Filed: 5/31/2007
 
 

 




 

 		












09500SB0778ham003

LRB095 05435 WGH 37486 a






1

AMENDMENT TO SENATE BILL 778




2
    AMENDMENT NO. ______. Amend Senate Bill 778 on page 58, by 
3
inserting after line 22 the following: 

 
4
    "Section 905. Upon the conveyance of the property described 
5
in Section 920 to the State of Illinois, the Director of 
6
Natural Resources shall convey to the Toney Watkins Company by 
7
quit claim deed all right, title and interest in and to the 
8
following described land in Perry County, Illinois.
 
9
All of the South 1/2 of Section 1, except; the NW 1/4 of the SW 
10
1/4 of Section 1, the area Northeast of Leopard Road and the 
11
area East of Panda Bear Road, The South 1/4 of Section 2, All 
12
of Section 11, All of that part of Section 12; West of Panda 
13
Bear Road, All of that Part of Section 13; West of Panda Bear 
14
Road, except, the SW 1/4, of the SW 1/4, of Section 13. All of 
15
Section 14 except; the East 14 acres of the SE 1/4, of the SE 
16
1/4, of Section 14, T.6S., R.4W., of the 3rd P.M., Perry 
 


 






09500SB0778ham003
- 2 -
LRB095 05435 WGH 37486 a




1
County, Illinois and containing approximately 2,000 acres.
 
2
More commonly described as that area of Pyramid State Park 
3
North of Perry County Hwy 4 (Pyatt-Cutler Road) and west of 
4
Panda Bear Road.
 
5
    Section 920. In consideration of the conveyance by the 
6
State of the property described in Section 905, the Toney 
7
Watkins Company shall convey to the State by quit claim deed 
8
all right, title and interest in and to the following described 
9
land in Perry County, Illinois.
 
10
Part of Section 21, 22, 23, and 26, all of Section 27, and part 
11
of Section 28, 33, and 34, T.6S., R.2W. of the 3rd P.M., Perry 
12
County, Illinois and containing approximately 2,000 acres.

 
13
    Section 925. Legislative Findings.  A determination has 
14
been made by the Director of Natural Resources that the 
15
properties to be exchanged pursuant to Section 905 and Section 
16
920 of this Act are of equal value, size and attributes, and 
17
further that development opportunities expected to be 
18
facilitated by the exchange will result in a minimum private 
19
investment of $100,000,000 and approximately 2,500 jobs.
 
20
    Section 930. The transfers of property under Section 905 
21
and Section 920 of this Act shall be contingent upon the State 
 


 






09500SB0778ham003
- 3 -
LRB095 05435 WGH 37486 a




1
of Illinois and the Toney Watkins Company entering into a 
2
contract under which the Toney Watkins Company agrees to pay a 
3
sum of money to the State of Illinois and perform certain 
4
activities regarding the remediation and restoration of the 
5
property to be transferred to the State of Illinois.
 
6
    Section 940. Upon this Act becoming law, conveyance 
7
negotiations shall not be initiated by the Director of Natural 
8
Resources or the Director's designee until (i) the Department 
9
of Natural Resources is in receipt of a bond in the amount 10% 
10
of the appraised value of the property to be conveyed and (ii)  
11
the submission of completed applications for any and all 
12
assistance being sought from the Department of Commerce and 
13
Economic Opportunity, the Illinois Finance Authority, and any 
14
other federal, State, or local government agencies.
 
15
    Section 950. The Director of Natural Resources shall obtain 
16
a certified copy of the portion of this Act containing the 
17
title, the enacting clause, the effective date, and the 
18
appropriate Section containing the land description of the 
19
property to be transferred under Section 905 within 60 days 
20
after the effective date of this Act and shall record the 
21
certified document in the Recorder's Office in the county in 
22
which the land is located.".