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92nd General Assembly

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Public Act 92-0371

SB900 Enrolled                                LRB9206799NTsbA

    AN ACT in relation to real property.

    Be it enacted by the People of  the  State  of  Illinois,
represented in the General Assembly:

    Section  5.  The  Board  of Trustees of Southern Illinois
University is authorized to sell or exchange for  other  real
property  of  substantially  equal  value,  before January 1,
2003, certain  real  property  located  in  Sangamon  County,
Illinois and described as follows:

    Part of the Southwest quarter of the Northwest quarter of
    Section Ten (10), Township Thirteen (13) North, Range Six
    (6),  West  of the Third Principal Meridian, Described as
    follows:  Beginning at a point on the North  Right-of-Way
    line  of  S.B.I.  Route  104,  said  point being 102 feet
    westerly from the Southwest corner of Lot  Thirteen  (13)
    of  Western  Acres, Plat One, thence North 177.58 feet to
    the Southeast  corner  of  Lot  Seventeen  (17)  in  said
    Western  Acres,  Plat  One;  thence  deflecting  Left  90
    Degrees,   27   Minutes  measure  38.0  feet  (38.5  feet
    recorded) to the Southwest Corner of said  Lot  Seventeen
    (17);  thence  deflecting  Right  7  Degrees,  05 Minutes
    measure 200 feet; thence deflecting Left 106  Degrees  46
    Minutes  measure  269.92  feet  to  a  point on the North
    Right-of-Way line of S.B.I. Route  104;  thence  easterly
    along  said  North  Right-of-Way  line,  measure  a chord
    distance of 200 feet to the point of beginning.

    Section 10.  The sale or exchange of  the  real  property
described  in  Section  5  of  this Act shall be made in full
compliance with the State Property Control Act, provided that
the  net proceeds  received  by  the  Board  of  Trustees  of
Southern Illinois University from the sale or exchange of the
real  property  described  in  Section 5 of this Act shall be
deposited by the  Board  of  Trustees  of  Southern  Illinois
University into the Repair and Replacement Reserve Account of
the  Southern  Illinois  University Medical Facilities System
created by  the  resolution  of  the  Board  of  Trustees  of
Southern  Illinois University that was adopted on October 10,
1996, pursuant to the Southern  Illinois  University  Revenue
Bond Act.

    Section 90.  The State Property Control Act is amended by
changing Section 1.02 as follows:

    (30 ILCS 605/1.02) (from Ch. 127, par. 133b3)
    Sec.  1.02.   "Property"  means  State owned property and
includes all real estate, with the exception of rights of way
for State water resource and  highway  improvements,  traffic
signs  and  traffic signals, and with the exception of common
school property; and all tangible personal property with  the
exception   of   properties   specifically  exempted  by  the
administrator,  provided   that   any   property   originally
classified  as real property which has been detached from its
structure shall be classified as personal property.
    "Property"  does  not  include  property  owned  by   the
Illinois  Medical  District Commission and leased or occupied
by others for purposes permitted under the  Illinois  Medical
District  Act.   "Property"  also  does  not include property
owned and held by the Illinois  Medical  District  Commission
for redevelopment.
    "Property" does not include that property described under
Section 5 of this amendatory Act of the 92nd General Assembly
with  respect to depositing the net proceeds from the sale or
exchange of the property as provided in Section  10  of  this
amendatory Act of the 92nd General Assembly.
(Source: P.A. 89-356, eff. 8-17-95.)
    Section  99.  Effective date.  This Act takes effect upon
becoming law.
    Passed in the General Assembly May 22, 2001.
    Approved August 15, 2001.

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