Illinois General Assembly - Illinois Compiled Statutes

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70 ILCS 1920/15

(70 ILCS 1920/15)

Sec. 15. Acquisition of property.

The Authority shall have the power to
acquire by gift, purchase, or legacy the fee simple title to real property
located within the boundaries of the Authority, including temporary and
permanent easements, as well as reversionary interests in the streets, alleys
and other public
places and personal property, required for its purposes, and title thereto
shall be taken in the corporate name of the Authority.  Any such property which
is already devoted to a public use may nevertheless be acquired, provided that
no property belonging to the United States of America or the State of Illinois
may be acquired without the consent of such governmental unit.  No property
devoted to a public use belonging to a corporation subject to the
jurisdiction of the Illinois Commerce Commission may be acquired without a
prior finding by the Illinois Commerce Commission that the taking would not
result in the imposition of an undue burden on intrastate commerce.  All land
and appurtenances thereto, acquired or owned by the Authority, are to be
deemed acquired or owned for a public use or public purpose.

(Source: P.A. 95-331, eff. 8-21-07.)