Rep. Jehan A. Gordon-Booth

Filed: 2/15/2013

 

 


 

 


 
09800HB0125ham001LRB098 03949 OMW 40646 a

1
AMENDMENT TO HOUSE BILL 125

2    AMENDMENT NO. ______. Amend House Bill 125 by replacing
3everything after the enacting clause with the following:
 
4    "Section 5. The Counties Code is amended by adding Section
55-14008 as follows:
 
6    (55 ILCS 5/5-14008 new)
7    Sec. 5-14008. Powers of commission; real property. The
8joint regional planning commission may acquire, by purchase,
9gift, or legacy, and hold real property for the purposes of the
10joint regional planning commission, and may sell and convey
11that property. The value of the real property shall be
12determined by an appraisal performed by an appraiser licensed
13under the Real Estate Appraiser Licensing Act of 2002 and who
14is certified to appraise the type or types of property to be
15valued. The appraisal report of the appraiser shall be
16available for public inspection. The joint regional planning

 

 

09800HB0125ham001- 2 -LRB098 03949 OMW 40646 a

1commission may purchase the real property under contracts
2providing for payment in installments over a period of time of
3not more than 20 years and may finance the purchase of the real
4property under finance contracts providing for payment in
5installments over a period of time of not more than 20 years.
6This Section applies only to a joint regional planning
7commission if it consists of 3 or fewer counties that border
8the Illinois River, where at least one of those counties has a
9population of 180,000 or more.
 
10    Section 99. Effective date. This Act takes effect upon
11becoming law.".