Full Text of HB0029 95th General Assembly
HB0029sam004 95TH GENERAL ASSEMBLY
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Sen. David Luechtefeld
Filed: 6/8/2007
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| AMENDMENT TO HOUSE BILL 29
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| AMENDMENT NO. ______. Amend House Bill 29 by replacing | 3 |
| everything after the enacting clause with the following:
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| "Section 5. Upon the conveyance of the property described | 5 |
| in Section 20 to the State of Illinois, the Director of Natural | 6 |
| Resources shall convey to the Toney Watkins Company by quit | 7 |
| claim deed all right, title and interest in and to the | 8 |
| following described land in Perry County, Illinois. | 9 |
| All of the South 1/2 of Section 1, except; the NW 1/4 of the SW | 10 |
| 1/4 of Section 1, the area Northeast of Leopard Road and the | 11 |
| area East of Panda Bear Road, The South 1/4 of Section 2, All | 12 |
| of Section 11, All of that part of Section 12; West of Panda | 13 |
| Bear Road, All of that Part of Section 13; West of Panda Bear | 14 |
| Road, except, the SW 1/4, of the SW 1/4, of Section 13. All of | 15 |
| Section 14 except; the East 14 acres of the SE 1/4, of the SE | 16 |
| 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. | 2 |
| More commonly described as that area of Pyramid State Park | 3 |
| North of Perry County Hwy 4 (Pyatt-Cutler Road) and west of | 4 |
| Panda Bear Road. | 5 |
| Section 20. In consideration of the conveyance by the State | 6 |
| of the property described in Section 5, the Toney Watkins | 7 |
| Company shall convey to the State by quit claim deed all right, | 8 |
| title and interest in and to the following described land in | 9 |
| Perry County, Illinois. | 10 |
| Part of Section 21, 22, 23, and 26, all of Section 27, and part | 11 |
| of Section 28, 33, and 34, T.6S., R.2W. of the 3rd P.M., Perry | 12 |
| County, Illinois and containing approximately 2,000 acres.
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| Section 25. Legislative Findings. The General Assembly | 14 |
| finds that development opportunities expected to be | 15 |
| facilitated by the exchange in Section 5 and Section 20 of this | 16 |
| Act will result in a minimum private investment of $100,000,000 | 17 |
| and approximately 2,500 jobs. | 18 |
| Section 30. The transfers of property under Section 5 and | 19 |
| Section 20 of this Act shall be contingent upon: | 20 |
| (1) the Director of Natural Resources making a finding | 21 |
| that the properties described in Section 5 and Section 20 |
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| of this Act are of equal value, size and attributes; and | 2 |
| (2) the State of Illinois and the Toney Watkins Company | 3 |
| entering into a contract under which the Toney Watkins | 4 |
| Company agrees to pay a sum of money to the State of | 5 |
| Illinois and perform certain activities regarding the | 6 |
| remediation and restoration of the property to be | 7 |
| transferred to the State of Illinois. | 8 |
| Section 40. Upon this Act becoming law, conveyance | 9 |
| negotiations shall not be initiated by the Director of Natural | 10 |
| Resources or the Director's designee until (i) the Department | 11 |
| of Natural Resources is in receipt of a bond in the amount 10% | 12 |
| of the appraised value of the property to be conveyed and (ii) | 13 |
| the submission of completed applications for any and all | 14 |
| assistance being sought from the Department of Commerce and | 15 |
| Economic Opportunity, the Illinois Finance Authority, and any | 16 |
| other federal, State, or local government agencies. | 17 |
| Section 50. The Director of Natural Resources shall obtain | 18 |
| a certified copy of the portion of this Act containing the | 19 |
| title, the enacting clause, the effective date, and the | 20 |
| appropriate Section containing the land description of the | 21 |
| property to be transferred or otherwise affected under this Act | 22 |
| within 60 days after its effective date and shall record the | 23 |
| certified document in the Recorder's Office in the county in | 24 |
| which the land is located.
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| Section 99. Effective date. This Act takes effect upon | 2 |
| becoming law.".
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