Full Text of HB2825 102nd General Assembly
HB2825enr 102ND GENERAL ASSEMBLY |
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| 1 | | AN ACT concerning civil law.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Illinois and Michigan Canal Development Act | 5 | | is amended by adding Section 14.1 as follows: | 6 | | (615 ILCS 45/14.1 new) | 7 | | Sec. 14.1. Exchange of property. | 8 | | (a) Notwithstanding any other provision of law or | 9 | | restriction on the property, including, but not limited to, | 10 | | any State rights, easements, or conveyance and reversion | 11 | | clauses restricting sale, the Village of Lemont may exchange | 12 | | with a nongovernmental entity the Illinois and Michigan Canal | 13 | | lands that were purchased from the State for other real | 14 | | property of substantially equal or greater value, as | 15 | | determined by 2 MAI appraisals of the properties, and of | 16 | | substantially the same or greater suitability for | 17 | | recreational, park, and parking purposes without additional | 18 | | cost to the Village. However, the property being transferred | 19 | | to the Village must be continuous to other Illinois and | 20 | | Michigan Canal lands owned by the Village. | 21 | | (b) Prior to an exchange under subsection (a) with a | 22 | | nongovernmental entity, the Village board shall hold a public | 23 | | hearing in order to consider the proposed exchange. Notice of |
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| 1 | | such a meeting shall be published at least twice, with the | 2 | | first and last publication being at least 10 days apart, in a | 3 | | newspaper of general circulation within the Village. | 4 | | (c) This Section applies only to the exchange of Parcel | 5 | | One owned by the Village for Parcel Two owned by a | 6 | | nongovernmental entity as follows: | 7 | | PARCEL ONE: | 8 | | THAT PART OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 11 EAST | 9 | | OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY, | 10 | | ILLINOIS, DESCRIBED AS FOLLOWS: | 11 | | BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF THE | 12 | | SOUTHERLY 90 FOOT RESERVE STRIP OF THE ILLINOIS AND | 13 | | MICHIGAN CANAL AND THE NORTHEAST CORNER OF LOT 1 IN BLOCK 1 | 14 | | IN THE PLAT OF THE VILLAGE OF LEMONT, RECORDED AUGUST 8, | 15 | | 1874 AS DOCUMENT 184242; THENCE ALONG A LINE 141 FEET | 16 | | SOUTHWESTERLY ALONG THE SOUTH LINE OF THE SOUTHERLY 90 | 17 | | FOOT RESERVE STRIP OF THE ILLINOIS AND MICHIGAN CANAL; | 18 | | THENCE ALONG A LINE 79 FEET NORTHWESTERLY (AS MEASURED AT | 19 | | RIGHT ANGLES THERETO) AND PARALLEL WITH THE EASTERLY LINE | 20 | | OF BLOCK 1 IN SAID VILLAGE OF LEMONT SUBDIVISION, EXTENDED | 21 | | NORTHWESTERLY; THENCE ALONG A LINE 139 FEET PARALLEL WITH | 22 | | CANAL STREET; THENCE ALONG A LINE 63 FEET SOUTHEASTERLY TO | 23 | | THE POINT OF BEGINNING, ALL IN COOK COUNTY, ILLINOIS. |
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| 1 | | PARCEL TWO: | 2 | | THAT PART OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 11 EAST | 3 | | OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY, | 4 | | ILLINOIS, DESCRIBED AS FOLLOWS: | 5 | | LOTS 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, AND THAT | 6 | | PART OF LOT 20 LYING EAST OF THE LEMONT ROAD BRIDGE, ALL IN | 7 | | BLOCK 1 IN THE PLAT OF THE VILLAGE OF LEMONT, RECORDED | 8 | | AUGUST 8, 1874 AS DOCUMENT 184242; ALL IN COOK COUNTY, | 9 | | ILLINOIS. | 10 | | PIN: 22-20-304-015; 22-20-304-18.
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