Illinois General Assembly - Full Text of Public Act 095-0745
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Public Act 095-0745


 

Public Act 0745 95TH GENERAL ASSEMBLY



 


 
Public Act 095-0745
 
HB3569 Enrolled LRB095 09934 AJO 30146 b

    AN ACT concerning real property.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. Upon payment to the Department of Natural
Resources of the sum equal to the appraised fair market value
determined in accordance with Section 10, the Director of such
Department, on behalf of the State of Illinois, is authorized
to execute and deliver to WLA Gambit IL, LP, its successors and
assigns, a quit claim deed to the following described real
property, provided the grantee pays the appraisal, land survey,
title and closing costs, to wit:
    All that part of the following described tracts or parcels
in Johnson County, Illinois, which lie northerly of the
northerly right-of-way line of Interstate Route 24, to wit:
        1. All that part of the Southwest Quarter of Section
    11, Township 13 South, Range 3 East of the Third Principal
    Meridian transferred to the Department of Conservation by
    Document recorded in the Recorder's Office of Johnson
    County, Illinois in Warranty Deed Book 154 at Page 75; and
        2. All that part of the South Half of the Northwest
    Quarter of Section 11, Township 13 South, Range 3 East of
    the Third Principal Meridian conveyed to the Department of
    Conservation by Warranty Deed recorded in the Recorder's
    Office of Johnson County, Illinois in Warranty Deed Book
    117 at Page 341; a more accurate description to be prepared
    from a Land Survey made by an Illinois Professional Land
    Surveyor in accordance with the current Illinois minimum
    standards for a boundary survey, the selection of such
    Surveyor being subject to approval by the Department of
    Natural Resources.
 
    Section 10. The appraised fair market value of the real
property described in Section 5 shall be determined by 3
independent State certified general real estate appraisers
whose appraisal reports shall be subject to review and
certification by the Department of Natural Resources. The legal
description of such real property shall be subject to review
and approval by the Department of Natural Resources.
 
    Section 15. The payment for the appraisal, land survey,
title and closing costs, and the amount of the appraised fair
market value of the real property to the Department of Natural
Resources, as provided in Section 5, shall be made through the
Illinois Conservation Foundation, with the funds being
earmarked for future land acquisition in IDNR Region 5.
 
    Section 20. The Director of Natural Resources shall obtain
a certified copy of this Act within 60 days after its effective
date and, upon receipt of payment required by Section 5, shall
record the certified document in the recorder's office in the
county in which the real property is located.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 7/22/2008