Sen. David Luechtefeld
Filed: 6/6/2007
 
 

 




 

 		












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AMENDMENT TO HOUSE BILL 29




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    AMENDMENT NO. ______. Amend House Bill 29 by replacing 
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everything after the enacting clause with the following:


 
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    "Section 5. Upon the conveyance of the property described 
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in Section 20 to the State of Illinois, the Director of Natural 
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Resources shall convey to the Toney Watkins Company by quit 
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claim deed all right, title and interest in and to the 
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following described land in Perry County, Illinois.
 
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All of the South 1/2 of Section 1, except; the NW 1/4 of the SW 
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1/4 of Section 1, the area Northeast of Leopard Road and the 
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area East of Panda Bear Road, The South 1/4 of Section 2, All 
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of Section 11, All of that part of Section 12; West of Panda 
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Bear Road, All of that Part of Section 13; West of Panda Bear 
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Road, except, the SW 1/4, of the SW 1/4, of Section 13. All of 
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Section 14 except; the East 14 acres of the SE 1/4, of the SE 
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1/4, of Section 14, T.6S., R.4W., of the 3rd P.M., Perry 
 


 






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County, Illinois and containing approximately 2,000 acres.
 
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More commonly described as that area of Pyramid State Park 
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North of Perry County Hwy 4 (Pyatt-Cutler Road) and west of 
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Panda Bear Road.
 
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    Section 20. In consideration of the conveyance by the State 
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of the property described in Section 5, the Toney Watkins 
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Company shall convey to the State by quit claim deed all right, 
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title and interest in and to the following described land in 
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Perry County, Illinois.
 
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Part of Section 21, 22, 23, and 26, all of Section 27, and part 
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of Section 28, 33, and 34, T.6S., R.2W. of the 3rd P.M., Perry 
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County, Illinois and containing approximately 2,000 acres.

 
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    Section 25. Legislative Findings.  A determination has been 
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made by the Director of Natural Resources that the properties 
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to be exchanged pursuant to Section 5 and Section 20 of this 
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Act are of equal value, size and attributes, and further that 
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development opportunities expected to be facilitated by the 
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exchange will result in a minimum private investment of 
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$100,000,000 and approximately 2,500 jobs.
 
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    Section 30. The transfers of property under Section 5 and 
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Section 20 of this Act shall be contingent upon the State of 
 


 






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Illinois and the Toney Watkins Company entering into a contract 
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under which the Toney Watkins Company agrees to pay a sum of 
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money to the State of Illinois and perform certain activities 
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regarding the remediation and restoration of the property to be 
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transferred to the State of Illinois.
 
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    Section 40. Upon this Act becoming law, conveyance 
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negotiations shall not be initiated by the Director of Natural 
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Resources or the Director's designee until (i) the Department 
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of Natural Resources is in receipt of a bond in the amount 10% 
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of the appraised value of the property to be conveyed and (ii)  
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the submission of completed applications for any and all 
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assistance being sought from the Department of Commerce and 
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Economic Opportunity, the Illinois Finance Authority, and any 
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other federal, State, or local government agencies.
 
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    Section 50. The Director of Natural Resources shall obtain 
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a certified copy of the portion of this Act containing the 
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title, the enacting clause, the effective date, and the 
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appropriate Section containing the land description of the 
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property to be transferred under Section 5 within 60 days after 
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the effective date of this Act and shall record the certified 
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document in the Recorder's Office in the county in which the 
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land is located.

 
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    Section 99. Effective date. This Act takes effect upon 
 


 






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becoming law.".