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