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90_HB2746 605 ILCS 5/4-508 from Ch. 121, par. 4-508 Amends the Illinois Highway Code to provide that if the Department of Transportation enters into or currently has a written contract with another highway authority for the transfer of jurisdiction of a highway, the Department may convey, without compensation, any land, dedications, easements, access rights, or any interest in the real estate that it holds to the highway authority. Provides that no part of the transferred property can be vacated or disposed of without the approval of the Department, which may require compensation for non-public use. LRB9008778NTsbA LRB9008778NTsbA 1 AN ACT to amend the Illinois Highway Code by changing 2 Section 4-508. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Illinois Highway Code is amended by 6 changing Section 4-508 as follows: 7 (605 ILCS 5/4-508) (from Ch. 121, par. 4-508) 8 Sec. 4-508. (a) Except as provided in paragraphs 9paragraph(c) and (d) of this Section, and subject to the 10 written approval of the Governor, the Department may dispose 11 of, by public sale, at auction or by sealed bids, any land, 12 rights or other properties, real or personal, acquired for 13 but no longer needed for highway purposes or remanents 14 acquired under the provisions of Section 4-501, provided that 15 no such sale may be made for less than the fair appraised 16 value of such land, rights, or property. 17 (b) Except as provided in paragraphsparagraph(c) and 18 (d) of this Section, and subject to the written approval of 19 the Governor, the Department may exchange any land, rights or 20 property no longer needed for highway purposes, or remanents, 21 acquired under the provisions of Section 4-501 of this Code 22 for equivalent interests in land, rights or property needed 23 for highway purposes. Where such interests are not of 24 equivalent value cash may be paid or received for the 25 difference in value. 26 (c) If at the time any property previously determined by 27 the Department to be needed for highway purposes is declared 28 no longer needed for such purposes, and the person from whom 29 such property was acquired still owns and has continuously 30 owned land abutting such property since the acquisition by 31 the Department, the Department before making any disposition -2- LRB9008778NTsbA 1 of that property shall first offer in writing that property 2 to the person from whom such property was acquired at the 3 current appraised value of the property. If the offer is 4 accepted in writing within 60 days of the date of the written 5 offer, the Department, subject to the written approval of the 6 Governor, is authorized to dispose of such property to the 7 person from whom such property was acquired upon payment of 8 the appraised value. If the offer is not accepted in writing 9 within 60 days of the date of the written offer, all rights 10 under this paragraph shall terminate. 11 (d) If the Department enters into or currently has a 12 written contract with another highway authority for the 13 transfer of jurisdiction of any highway or portion thereof, 14 the Department is authorized to convey, without compensation, 15 any land, dedications, easements, access rights, or any 16 interest in the real estate that it holds to that specific 17 highway or portion thereof to the highway authority that is 18 accepting or has accepted jurisdiction. However, no part of 19 the transferred property can be vacated or disposed of 20 without the approval of the Department, which may require 21 compensation for non-public use. 22 (Source: P.A. 83-312.)