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Sen. David Luechtefeld
Filed: 6/8/2007
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LRB095 03362 WGH 37588 a |
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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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09500HB0029sam004 |
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LRB095 03362 WGH 37588 a |
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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. The General Assembly |
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| finds that development opportunities expected to be |
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| facilitated by the exchange in Section 5 and Section 20 of this |
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| Act will result in a minimum private investment of $100,000,000 |
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| 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: |
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| (1) the Director of Natural Resources making a finding |
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| that the properties described in Section 5 and Section 20 |
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LRB095 03362 WGH 37588 a |
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| of this Act are of equal value, size and attributes; and |
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| (2) the State of Illinois and the Toney Watkins Company |
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| entering into a contract under which the Toney Watkins |
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| Company agrees to pay a sum of money to the State of |
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| Illinois and perform certain activities regarding the |
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| 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 or otherwise affected under this Act |
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| within 60 days after its effective date and shall record the |
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| certified document in the Recorder's Office in the county in |
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| which the land is located.
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