20 ILCS 1920/2.07

(20 ILCS 1920/2.07) (from Ch. 96 1/2, par. 8002.07)

Sec. 2.07.

Transfers and Dispositions.

(a) Land acquired pursuant to this Act may, with the approval of the
Department, be sold in accordance with procedures and standards
adopted by the Department by rule.  Such rules shall prescribe
the purposes for which such land may be sold.  Such rules may provide for
public sale of one or more categories of lands at public sale under a system
of competitive bidding at not less than market value, and shall provide
for such sales to the extent required under the Federal Act.

(b) The Department may transfer administrative
responsibility for land acquired to any agency or department of State
government or to any political subdivision of the State with or without cost to
such agency, department or political subdivision.  The agreement under which a
transfer is made shall specify:  (1) the purposes for which the land may be
used consistent with the authorization under which the land was acquired; and
(2) that the administrative responsibility for the land will revert to the
Department, if at any time in the future, the land is not used
for the purposes specified.

(c) If the Department determines that any reclaimed lands
will not be retained
by the State, the Department shall notify the corporate
authorities of the municipality in which any of the reclaimed lands are
located and the county clerk of the respective county that those lands may
be transferred to one or more of such local governments who have complied
with this Section.  In order to comply with this Section, the corporate
authorities of such unit of local government must adopt by resolution, within
60 days after receipt of the notice from the Department, a
statement of its
intent to submit a plan for the use of such lands and submit such plan within
120 days of receipt of the notice.  Two or more of the units may agree to
prepare and submit a joint plan with respect to such lands.  With the approval
of the Department, the plan may be amended after it is
submitted.  If the Department approves a plan submitted under
this paragraph, the Department shall transfer administrative
authority and when appropriate, title for the affected lands to the unit or
units of local government submitting the plan.

(Source: P.A. 89-445, eff. 2-7-96.)