Senate Sponsors: O'MALLEY. House Sponsors: CROTTY Short description: MUNI CD-VACATE ST-COMPENSATION Synopsis of Bill as introduced: Amends the Illinois Municipal Code. Provides that an ordinance vacating a street or alley shall not become effective until the owners of all property or any particular parcel or parcels of property (now property) abutting upon the street or alley shall pay compensation that is just and reasonable (now equal to the benefits which will accrue to them by reason of that vacation). Effective immediately. SENATE AMENDMENT NO. 1. Deletes everything. Amends the Illinois Municipal Code. Provides that an ordinance vacating a street or alley shall not become effec- tive until the owners of all property or any particular parcel or par- cels of property (now property) abutting upon the street or alley shall pay compensation that is the fair market value of the property acquired or of the benefits which will accrue to them by reason of that vacation (now equal to the benefits which will accrue to them by reason of that vacation). Provides that if the ordinance provides that only the owner or owners of one particular parcel shall make payment, then that owner or those owners shall acquire title to the entire vacated street or alley. Effective immediately. STATE MANDATES FISCAL NOTE (DCCA) SB213 fails to create a State mandate. HOME RULE NOTE SB 213 does not preempt home rule authority. FISCAL NOTE (DCCA) SB 213 imposes no additional requirements that would have a fiscal impact on units of local gov't. Last action on Bill: PUBLIC ACT.............................. 90-0179 Last action date: 97-07-23 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status