Rep. Jehan A. Gordon

Filed: 4/29/2011

 

 


 

 


 
09700SB0092ham001LRB097 03013 KMW 54931 a

1
AMENDMENT TO SENATE BILL 92

2    AMENDMENT NO. ______. Amend Senate Bill 92 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Counties Code is amended by adding Section
55-14008 as follows:
 
6    (55 ILCS 5/5-14008 new)
7    Sec. 5-14008. Powers of commission; real property. The
8joint regional planning commission may acquire, by purchase,
9gift, or legacy, and hold real property for the purposes of the
10joint regional planning commission, and may sell and convey
11that property. The value of the real property shall be
12determined by a written appraisal performed by a
13State-certified real estate appraiser, and the appraisal shall
14be made available for public inspection. The joint regional
15planning commission may purchase the real property under
16contracts providing for payment in installments over a period

 

 

09700SB0092ham001- 2 -LRB097 03013 KMW 54931 a

1of time of not more than 20 years and may finance the purchase
2of the real property under finance contracts providing for
3payment in installments over a period of time of not more than
420 years. This Section applies only to a joint regional
5planning commission if it consists of 3 or fewer counties that
6border the Illinois River and at least one of those counties
7has a population of 180,000 or more.
 
8    Section 99. Effective date. This Act takes effect upon
9becoming law.".