Full Text of SB0778 95th General Assembly
SB0778ham003 95TH GENERAL ASSEMBLY
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Rep. Dan Reitz
Filed: 5/31/2007
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LRB095 05435 WGH 37486 a |
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| AMENDMENT TO SENATE BILL 778
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| AMENDMENT NO. ______. Amend Senate Bill 778 on page 58, by | 3 |
| inserting after line 22 the following:
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| "Section 905. Upon the conveyance of the property described | 5 |
| in Section 920 to the State of Illinois, the Director of | 6 |
| Natural Resources shall convey to the Toney Watkins Company by | 7 |
| quit 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 920. In consideration of the conveyance by the | 6 |
| State of the property described in Section 905, the Toney | 7 |
| Watkins Company shall convey to the State by quit claim deed | 8 |
| all right, title and interest in and to the following described | 9 |
| land in 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 925. Legislative Findings. A determination has | 14 |
| been made by the Director of Natural Resources that the | 15 |
| properties to be exchanged pursuant to Section 905 and Section | 16 |
| 920 of this Act are of equal value, size and attributes, and | 17 |
| further that development opportunities expected to be | 18 |
| facilitated by the exchange will result in a minimum private | 19 |
| investment of $100,000,000 and approximately 2,500 jobs. | 20 |
| Section 930. The transfers of property under Section 905 | 21 |
| and Section 920 of this Act shall be contingent upon the State |
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| of Illinois and the Toney Watkins Company entering into a | 2 |
| contract under which the Toney Watkins Company agrees to pay a | 3 |
| sum of money to the State of Illinois and perform certain | 4 |
| activities regarding the remediation and restoration of the | 5 |
| property to be transferred to the State of Illinois. | 6 |
| Section 940. Upon this Act becoming law, conveyance | 7 |
| negotiations shall not be initiated by the Director of Natural | 8 |
| Resources or the Director's designee until (i) the Department | 9 |
| of Natural Resources is in receipt of a bond in the amount 10% | 10 |
| of the appraised value of the property to be conveyed and (ii) | 11 |
| the submission of completed applications for any and all | 12 |
| assistance being sought from the Department of Commerce and | 13 |
| Economic Opportunity, the Illinois Finance Authority, and any | 14 |
| other federal, State, or local government agencies. | 15 |
| Section 950. The Director of Natural Resources shall obtain | 16 |
| a certified copy of the portion of this Act containing the | 17 |
| title, the enacting clause, the effective date, and the | 18 |
| appropriate Section containing the land description of the | 19 |
| property to be transferred under Section 905 within 60 days | 20 |
| after the effective date of this Act and shall record the | 21 |
| certified document in the Recorder's Office in the county in | 22 |
| which the land is located.".
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