(315 ILCS 30/30)
(from Ch. 67 1/2, par. 91.130)
The provisions of any other statute to the contrary
notwithstanding, funds of a land clearance commission dissolved or in the
process of dissolution pursuant to this Act which have been derived from
grants made by the State of Illinois shall be transferred and paid over to
the municipality for use by a Department of Urban Renewal for any of the
purposes of Part I of this Act.
Any municipality which has issued and sold bonds pursuant to Section 24
of the "Blighted Areas Redevelopment Act of 1947," approved July 2, 1947,
as amended, for the purpose of raising funds to be paid to a land
clearance commission may apply, use and pay the proceeds of such bonds for
and in aid of its Department of Urban Renewal and may use such funds for
any of the purposes of Part I of this Act.
(Source: Laws 1961, p. 3308.)