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91_HB0833enr HB0833 Enrolled LRB9102026DHmg 1 AN ACT to amend the Park District Code by changing 2 Section 10-7. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Park District Code is amended by changing 6 Section 10-7 as follows: 7 (70 ILCS 1205/10-7) (from Ch. 105, par. 10-7) 8 Sec. 10-7. Sale, lease, or exchange of realty. 9 (a) Any park district owning and holding any real estate 10 is authorized to sell or lease such property to another unit 11 of Illinois State or local government, or to lease upon the 12 terms and at the price that the board determines for a period 13 not to exceed 99 years to anynot for profitcorporation 14 organized under the laws of this State, in either case for 15 public use, and provided that the grantee or lessee covenants 16 to hold and maintain such property for public park or 17 recreational purposes or such park district obtains other 18 real property of substantially the same size or larger and of 19 substantially the same or greater suitability for park 20 purposes without additional cost to such district. 21 (b) Any park district owning or holding any real estate 22 is authorized to convey such property to a nongovernmental 23 entity in exchange for other real property of substantially 24 equal or greater value as determined by 2 appraisals of the 25 property and of substantially the same or greater suitability 26 for park purposes without additional cost to such district. 27 Prior to such exchange with a nongovernmental entity the 28 park board shall hold a public meeting in order to consider 29 the proposed conveyance. Notice of such meeting shall be 30 published not less than three times (the first and last 31 publication being not less than 10 days apart) in a newspaper HB0833 Enrolled -2- LRB9102026DHmg 1 of general circulation within the park district. If there is 2 no such newspaper, then such notice shall be posted in not 3 less than 3 public places in said park district and such 4 notice shall not become effective until 10 days after said 5 publication or posting. 6 (c) Notwithstanding any other provision of this Act, 7 this subsection (c) shall apply only to park districts that 8 serve territory within a municipality having more than 40,000 9 inhabitants and within a county having more than 260,000 10 inhabitants and bordering the Mississippi River. Any park 11 district owning or holding real estate is authorized to sell 12 that property to any not-for-profit corporation organized 13 under the laws of this State upon the condition that the 14 corporation uses the property for public park or recreational 15 programs for youth. The park district shall have the right 16 of re-entry for breach of condition subsequent. If the 17 corporation stops using the property for these purposes, the 18 property shall revert back to ownership of the park district. 19 Any temporary suspension of use caused by the construction of 20 improvements on the property for public park or recreational 21 programs for youth is not a breach of condition subsequent. 22 Prior to the sale of the property to a not-for-profit 23 corporation, the park board shall hold a public meeting to 24 consider the proposed sale. Notice of the meeting shall be 25 published not less than 3 times (the first and last 26 publication being not less than 10 days apart) in a newspaper 27 of general circulation within the park district. If there is 28 no such newspaper, then the notice shall be posted in not 29 less than 3 public places in the park district. The notice 30 shall be published or posted at least 10 days before the 31 meeting. A resolution to approve the sale of the property to 32 a not-for-profit corporation requires adoption by a majority 33 of the park board. 34 (d) Real estate, not subject to such covenant or which HB0833 Enrolled -3- LRB9102026DHmg 1 has not been conveyed and replaced as provided in this 2 Section, may be conveyed in the manner provided by Sections 3 10-7a to 10-7d hereof, inclusive. 4 (e) In addition to any other power provided in this 5 Section, any park district owning or holding real estate that 6 the board deems is not required for park or recreational 7 purposes may lease such real estate to any individual or 8 entity and may collect rents therefrom. Such lease shall not 9 exceed 2 and one-half times the term of years provided for in 10 Section 8-15 governing installment purchase contracts. 11 (Source: P.A. 89-458, eff. 5-24-96; 89-509, eff. 7-5-96; 12 90-14, eff. 7-1-97.) 13 Section 99. Effective date. This Act takes effect upon 14 becoming law.