Illinois General Assembly - Full Text of SB1451
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Full Text of SB1451  96th General Assembly



SB1451 Engrossed LRB096 10765 RLJ 20958 b

1     AN ACT concerning local government.
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4     Section 5. The Counties Code is amended by adding Section
5 5-1131 as follows:
6     (55 ILCS 5/5-1131 new)
7     Sec. 5-1131. Sale and lease of real property. The county
8 board of any county with more than 500,000 residents shall have
9 the power to use county funds to sell, lease, or exchange
10 property held by the county, including but not limited to a
11 partial interest in property, and to sell, lease, or exchange
12 property at less than fair market value, to achieve any housing
13 need of the county and to benefit the residents of the county.