Illinois General Assembly - Illinois Compiled Statutes

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70 ILCS 1905/16

(70 ILCS 1905/16) (from Ch. 114, par. 376)

Sec. 16. Acquisition of area.

Upon
approval of the determination as provided in the preceding section,
the Railroad Terminal Authority may proceed to acquire by gift, purchase,
legacy, or by the exercise of the power of eminent domain the fee simple
title to the real property located within the area or areas described in
such determination including easements and reversionary interests in the
streets, alleys and other public places and personal property, required for
its purposes, and title thereto shall be taken in the corporate name of the
Authority. Any such property which is already devoted to a public use may
nevertheless be acquired, provided that no property belonging to the United
States of America or the State of Illinois may be acquired without the
consent of such governmental unit. No property devoted to a public use
belonging to a corporation subject to the jurisdiction of the Illinois
Commerce Commission may be acquired without a prior finding by the Illinois
Commerce Commission that the taking would not result in the imposition of
an undue burden on intrastate commerce and until the agreements with
3/4 of the railroad companies owning and 3/4 of the
railroad companies operating or using Railroad Terminals as provided in
subsection (f) of Section 14 of this Act have
been obtained, and provided further that
obligations heretofore imposed upon any such corporation by the State of
Illinois or the United States of America shall remain in force. Condemnation
proceedings shall be in all respects in accordance with the Eminent Domain Act. All
land and appurtenances thereto, acquired or owned by the Authority are to
be deemed acquired or owned for a public use or public purpose.

(Source: P.A. 94-1055, eff. 1-1-07.)