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90_HB2746sam001
LRB9008778KSmgam05
1 AMENDMENT TO HOUSE BILL 2746
2 AMENDMENT NO. . Amend House Bill 2746, on page 1, by
3 replacing the title with the following:
4 "AN ACT concerning property, amending named Acts."; and
5 on page 1, by inserting immediately after the enacting clause
6 the following:
7 "Section 5. The Illinois Municipal Code is amended by
8 changing Section 11-90-5 as follows:
9 (65 ILCS 5/11-90-5)
10 Sec. 11-90-5. The Capital City Railroad Relocation
11 Authority; transfer of property and powers.
12 (a) Effective December 31, 1996:
13 (1) All of the property still vested in the Capital
14 City Railroad Relocation Authority on that date for
15 Useable Segment 3 shall thereupon vest in the City of
16 Springfield, which shall have the power to sell,
17 transfer, exchange, or assign that property as it shall
18 deem appropriate, subject to the agreements that the
19 Authority had entered into with respect to that property;
20 and
21 (2) All of the statutory powers and duties,
-2- LRB9008778KSmgam05
1 including but not limited to the power to acquire
2 property exchanged by the railroads for the railroad
3 right-of-way acquired by the Authority and to sell,
4 transfer, exchange, or assign property as it shall deem
5 appropriate, which the Authority had to implement the
6 agreements that it entered into for Useable Segment 3,
7 are transferred to the City of Springfield only for
8 implementation of those agreements and subject to them.
9 (b) Once the City of Springfield has completed
10 transactions required to perform the agreements referred to
11 in subdivisions (1) and (2) of subsection (a), its powers and
12 duties under this Section shall terminate.
13 (c) The City of Springfield shall obtain a certified
14 copy of the portions of this amendatory Act of 1996
15 containing the title, the enacting clause, the effective
16 date, and this Section and the appropriate land descriptions
17 of property to be transferred within 60 days after its
18 effective date and shall record the certified document in the
19 Recorder's Office of Sangamon County.
20 (d) If this Section takes effect after December 31,
21 1996, then its provisions apply retrospectively from December
22 31, 1996.
23 (e) This Section is repealed on June 30, 1999 June 30,
24 1998.
25 (Source: P.A. 89-699, eff. 1-16-97.)"; and
26 on page 1, line 5, by changing "Section 5" to "Section 10";
27 and
28 on page 2, after line 22, by inserting the following:
29 "Section 99. Effective date. This Section and the
30 changes to Section 11-90-5 of the Illinois Municipal Code
31 take effect upon becoming law.".