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91_HB0607enr
HB0607 Enrolled LRB9100756MWgc
1 AN ACT to amend the Fire Protection District Act by
2 changing Section 10a.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Fire Protection District Act is amended
6 by changing Section 10a as follows:
7 (70 ILCS 705/10a) (from Ch. 127 1/2, par. 30a)
8 Sec. 10a. Sale or exchange of property.
9 (a) The board of trustees of any fire protection
10 district incorporated under this Act may sell, lease or
11 exchange personalty and may sell or lease realty owned by the
12 district and no longer needed for fire protection purposes.
13 Except as provided in subsection (b), any realty sold
14 pursuant to this Section shall be sold to the highest and
15 best bidder either at public auction or on sealed bids.
16 Notice of the public auction or of the receipt of bids shall
17 be published at least once in a newspaper having a general
18 circulation in the district or posted in at least ten public
19 places in the district at least ten days before the date of
20 the auction or the receipt of bids.
21 (b) The board of trustees may, by resolution, authorize
22 the sale of surplus real estate. The value of the surplus
23 real estate shall be determined by a written MAI certified
24 appraisal conducted by a State certified or licensed real
25 estate appraiser. The appraisal must be available for public
26 inspection. The resolution may direct the sale to be
27 conducted directly by the board of trustees or by listing
28 with local, licensed real estate agencies, in which case the
29 terms of the agent's compensation must be included in the
30 resolution. The resolution must also include pertinent
31 information concerning the size, use, and zoning of the real
HB0607 Enrolled -2- LRB9100756MWgc
1 estate and the terms of the sale. The resolution must be
2 published at the first opportunity after the adoption of the
3 resolution in a newspaper of general circulation published in
4 the district or, if no newspaper is published in the
5 district, a newspaper of general circulation published in the
6 county in which the district is located. The board of
7 trustees may accept any contract proposal that the board
8 determines is in the best interest of the district, provided,
9 however, that the sale price may not be less than 80% of the
10 appraised value of the real estate.
11 (c) Nothing in this Section prevents shall prevent a
12 fire protection district from transferring realty to another
13 municipal corporation or political subdivision pursuant to
14 the Local Government Property Transfer Act "An Act in
15 relation to the transfer of real estate owned by
16 municipalities", approved July 2, 1925, as amended.
17 (Source: Laws 1961, p. 2896.)
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