Public Act 103-0131
 
HB1625 EnrolledLRB103 05892 AWJ 50913 b


  
    AN ACT concerning local government.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 5. The Fire Protection District Act is amended  by 
changing Section 10a as follows:
 



    (70 ILCS 705/10a)  (from Ch. 127 1/2, par. 30a)



    Sec. 10a. Sale or exchange of property. 

    (a) The board of trustees of any fire protection district

incorporated under this Act may sell, lease or exchange 
personalty and
may sell or lease realty owned by the district 
and no longer needed for
fire protection purposes. Except as 
provided in subsection (b), any realty
sold pursuant to this 
Section shall be
sold to the highest and best bidder either at 
public auction or on sealed
bids. Notice of the public auction 
or of the receipt of bids shall be
published at least once in a 
newspaper having a general circulation in the
district or 
posted in at least ten public places in the district at least

ten days before the date of the auction or the receipt of bids.

    (b) The board of trustees may, by resolution, authorize 
the sale of
surplus real
estate.  The value of the surplus real 
estate shall be determined by a written
MAI certified

appraisal or by a written certified appraisal of conducted by 
a State certified or licensed real estate
appraiser.  The

appraisal must be available for public inspection.  The 
resolution may direct
the sale to be
conducted directly by the 
board of trustees or by listing with local, licensed
real 
estate
agencies, in which case the terms of the agent's 
compensation must be included
in the
resolution. The 
resolution must also include pertinent information concerning

the size,
use, and zoning of the real estate and the terms of 
the sale.  The resolution
must be published at the first 
opportunity after the adoption of
the
resolution in a 
newspaper of general circulation published in the district or,

if no
newspaper is published in the district, a newspaper of 
general circulation
published in the
county in which the 
district is located.  The board of trustees may accept any

contract proposal that the board determines
is in the best 
interest of the district, provided, however, that the sale 
price
may not be less
than 80% of the appraised value of the 
real estate.

    (c) Nothing in this Section prevents a fire
protection 
district
from
transferring realty to another municipal 
corporation or political
subdivision pursuant to the Local 
Government Property Transfer Act.

(Source: P.A. 91-68, eff. 1-1-00.)

  


Effective Date:  1/1/2024