Illinois General Assembly - Full Text of SB0691
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Full Text of SB0691  103rd General Assembly



SB0691 EngrossedLRB103 03144 AWJ 48150 b

1    AN ACT concerning local government.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Counties Code is amended by changing
5Section 5-14008 as follows:
6    (55 ILCS 5/5-14008)
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 an appraisal performed by an appraiser licensed
13under the Real Estate Appraiser Licensing Act of 2002 and who
14is certified to appraise the type or types of property to be
15valued. The appraisal report of the appraiser shall be
16available for public inspection. The joint regional planning
17commission may purchase the real property under contracts
18providing for payment in installments over a period of time of
19not more than 20 years and may finance the purchase of the real
20property under finance contracts providing for payment in
21installments over a period of time of not more than 20 years.
22This Section applies only to a joint regional planning
23commission if it consists of 3 or fewer counties that border



SB0691 Engrossed- 2 -LRB103 03144 AWJ 48150 b

1the Illinois River, where at least one of those counties has a
2population of 180,000 or more.
3(Source: P.A. 98-196, eff. 8-9-13.)