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 Bill Status of SB2187  100th General Assembly


Short Description:  SELL/LEASE THOMPSON CENTER

Senate Sponsors
Sen. Christine Radogno

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 605/7.7 new


Synopsis As Introduced
Amends the State Property Control Act. Specifies that the administrator is authorized to dispose of the James R. Thompson Center in 3 ways. Allows the administrator to sell the real property by auction. Allows the administrator to sell or lease the real property pursuant to a competitive sealed bid. Allows the administrator to enter into a lease, a public-private partnership with a real estate developer, or other agreement that directly or indirectly gives the State a right to use, control, or possess some portion or interest in the real property. Provides that all moneys received from the sale or lease of the real property shall be deposited into the General Revenue Fund. Authorizes the administrator to enter into any agreements and execute any documents necessary. Provides that any agreement to sell or lease the real property must be entered into no later than 3 years after the effective date of this amendatory Act. Effective immediately.

Actions 
DateChamber Action
  10/20/2015SenateFiled with Secretary by Sen. Christine Radogno
  10/20/2015SenateFirst Reading
  10/20/2015SenateReferred to Assignments
  10/20/2015SenateAssigned to Executive
  1/7/2016SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/10/2017SenateSession Sine Die

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