(735 ILCS 30/25-7-103.54)
(was 735 ILCS 5/7-103.54)
Sec. 25-7-103.54. Quick-take; Village of Oak Park.
(a) Quick-take proceedings under Article 20
may be used
for a period of 3 years after July 25, 1997, by the Village of Oak Park for the
acquisition of property located along the south side of North Avenue between
Austin Boulevard and Harlem Avenue or along the north and south side of
Harrison Street between Austin Boulevard and Elmwood Avenue, not including
residentially zoned properties within these areas, for commercial redevelopment
goals.
(b) Quick-take proceedings under Article 20
may be used
for a period of 3 years after August 14, 1997, by the Village of Oak Park for
the acquisition of property within the areas designated as the Greater Downtown
Area Tax Increment Financing District, the Harlem/Garfield Tax Increment
Financing District, and the Madison Street Tax Increment Financing District,
not including residentially zoned properties within these areas, for commercial
redevelopment goals.
(c) Quick-take proceedings under Article 20
may be used
for a period of 3 years after August 14, 1997, by the Village of Oak Park for
the acquisition of property within the areas designated as the North Avenue
Commercial Strip and the Harrison Street Business Area, not including
residentially zoned properties within these areas, for commercial redevelopment
goals.
(Source: P.A. 94-1055, eff. 1-1-07.)
|