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90_HB2471ham001
LRB9007018EGfgam03
1 AMENDMENT TO HOUSE BILL 2471
2 AMENDMENT NO. . Amend House Bill 2471 on page 1, by
3 replacing lines 9 through 21 with the following:
4 "(a) Any park district owning and holding any real
5 estate is authorized (1) to give, sell, or lease such
6 property to the State of Illinois or another unit of Illinois
7 State or local government for public use, or (2) to lease
8 such property upon the terms and at the price that the board
9 determines for a period not to exceed 99 years to any not for
10 profit corporation organized under the laws of this State, in
11 either case for public use., and provided that The grantee
12 or lessee must covenant covenants to hold and maintain the
13 such property for public park or recreational purposes. In
14 the case of property given or sold under this subsection
15 after the effective date of this amendatory Act of 1998, the
16 conveyance must provide that ownership of the property
17 automatically reverts to the grantor if the grantee knowingly
18 violates the required covenant by allowing all or any part of
19 the property to be used for other than park or recreational
20 purposes. In the case of property leased under this
21 subsection after the effective date of this amendatory Act of
22 1998, the lease agreement must provide that the lease is
23 breached and the grantor has a right to immediate possession
24 of the property if the grantee knowingly allows all or any
-2- LRB9007018EGfgam03
1 part of the property to be used for other than park or
2 recreational purposes. However, the requirements of this
3 subsection relating to exclusive use of the property for park
4 or recreational purposes do not apply if, in the course of
5 the same or a related transaction, the or such park district
6 obtains other real property of substantially the same size or
7 larger and of substantially the same or greater suitability
8 for park purposes without additional cost to the such
9 district.".