Illinois General Assembly - Full Text of Public Act 094-0405
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Public Act 094-0405


 

Public Act 0405 94TH GENERAL ASSEMBLY



 


 
Public Act 094-0405
 
HB0325 Enrolled LRB094 06741 BDD 36840 b

    AN ACT concerning real property.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Board of Trustees of The University of
Illinois must convey to Gene Michael Vanderport, of Vermilion
County, Illinois, in exchange for fair market value, based on
the average of 3 certified appraisals, and mutually agreed upon
perpetual access rights for educational and research purposes,
certain real property located in Vermilion County, Illinois and
described as follows:
    A tract of land in the Southwest Fractional Quarter of
    Section 1, Township 18 North, Range 11 West of the 2nd
    Principal Meridian, bounded and described as follows:
    Beginning at the Northwest corner of the Southwest
    Fractional Quarter of Section 1, Township 18 North, Range
    11 West of the 2nd Principal Meridian; thence down the
    Vermilion River following the meanders thereof 58 poles to
    a stone; thence in a Northeasterly direction or course to a
    point so as to strike the North line of said Southwest
    Fractional Quarter of said Section 1, 17 poles West of the
    Northeast corner of said Southwest Fractional Quarter of
    said Section 1; thence West to the place of beginning,
    EXCEPT 4.5 acres in a triangular shape off the Northeast
    corner of said described tract, situated in Vermilion
    County, Illinois.
 
    Section 10. (a) The State Property Control Act does not
apply to the transfer of the real property described in Section
5 of this Act.
    (b) The provisions of this Act are judicially enforceable.
 
    Section 90. The State Property Control Act is amended by
changing Section 1.02 as follows:
 
    (30 ILCS 605/1.02)  (from Ch. 127, par. 133b3)
    Sec. 1.02. "Property" means State owned property and
includes all real estate, with the exception of rights of way
for State water resource and highway improvements, traffic
signs and traffic signals, and with the exception of common
school property; and all tangible personal property with the
exception of properties specifically exempted by the
administrator, provided that any property originally
classified as real property which has been detached from its
structure shall be classified as personal property.
    "Property" does not include property owned by the Illinois
Medical District Commission and leased or occupied by others
for purposes permitted under the Illinois Medical District Act.
"Property" also does not include property owned and held by the
Illinois Medical District Commission for redevelopment.
    "Property" does not include property described under
Section 5 of Public Act 92-371 with respect to depositing the
net proceeds from the sale or exchange of the property as
provided in Section 10 of that Act.
    "Property" does not include that property described under
Section 5 of this amendatory Act of the 94th General Assembly.
(Source: P.A. 92-371, eff. 8-15-01; 92-651, eff. 7-11-02.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 8/2/2005