(310 ILCS 40/2a) (from Ch. 67 1/2, par. 107.2a)
Sec. 2a.
When Federal funds are available for payment of the items specified in
this Section, the displacing agency may match such Federal funds to the
extent provided by Federal law and may make such payments in the instances
and on the conditions set forth by Federal law and regulations.
When such Federal funds are available and as soon as practicable after
the date of payment of the purchase price or the date of deposit in court
of funds to satisfy the award of compensation in a condemnation proceeding
to acquire real property, whichever is the earlier, the State agency shall
reimburse the owner, to the extent the head of such agency deems fair and
reasonable, for expenses he necessarily incurred for--
(1) recording fees, transfer taxes and similar |
| expenses incidental to conveying such real property to the State agency;
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(2) penalty costs for prepayment of any pre-existing
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| recorded mortgage entered into in good faith encumbering such real property; and
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(3) the pro rata portion of real property taxes paid
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| which are allocable to a period subsequent to the date of vesting title in the State agency, or the effective date of possession of such real property by the State agency, whichever is the earlier.
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(Source: P.A. 77-1977.)
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