(315 ILCS 20/26) (from Ch. 67 1/2, par. 276)
Sec. 26.
Termination of control.
(1) Anything in this Act to the contrary notwithstanding, the
supervision and regulation of any parcel of the Development Area by the
Redevelopment Commission shall without more cease and determine as to that
parcel whenever the Redevelopment Commission shall have made the
determination of the Redevelopment of that parcel, as required by paragraph
6 of Section 25 of this Act, and shall have approved a sale, conveyance
or lease thereof, as required by paragraphs 4 and 5 of Section 10 of this
Act.
(2) Anything in this Act to the contrary notwithstanding, the
supervision and regulation of the Neighborhood Redevelopment Corporation by
the Redevelopment Commission shall without more cease and determine
whenever the Redevelopment Commission shall find that the Redevelopment of
the Development Area of the Neighborhood Redevelopment Corporation has been
achieved. In such instance, the certificate of compliance required by
Section 12 of this Act shall be issued by the Redevelopment Commission,
upon request of the Neighborhood Redevelopment Corporation, without other
requirement than the payment of the fee authorized by Section 43 of this
Act.
(Source: Laws 1941, vol. 1, p. 431.)
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