|
Public Act 094-1107 |
SB1959 Enrolled |
LRB094 11404 RCE 42297 b |
|
|
AN ACT concerning State government.
|
Be it enacted by the People of the State of Illinois,
|
represented in the General Assembly:
|
Section 5. The State Property Control Act is amended by |
adding Section 8.3 as follows: |
(30 ILCS 605/8.3 new) |
Sec. 8.3. John J. Madden Mental Health Center. |
(a) Notwithstanding any other provision of this Act or any |
other law to the contrary, the administrator is authorized |
under this Section to sell all or any part, from time to time, |
of the property in Cook County known as the John J. Madden |
Mental Health Center, if ever it is declared
no longer needed |
by the Secretary of Human Services, to Loyola University |
Medical Center at its fair market value as determined under |
subsection (b). |
(b) The administrator shall obtain 3 appraisals of property |
to be sold under subsection (a). Each appraiser must be |
licensed under the Real Estate Appraiser Licensing Act of 2002, |
or a successor Act. At least 2 of the appraisals must be |
performed by appraisers residing in Cook County. The average of |
these 3 appraisals, plus the cost of obtaining the appraisals, |
shall represent the fair market value of the property to be |
sold. |
(c) Neither all nor any part of the property may be sold or |
leased to any other party by the administrator or by any other |
State officer or agency, at any time, unless it has first been |
offered for sale to Loyola University Medical Center as |
provided in this Section.
|
Section 99. Effective date. This Act takes effect upon |
becoming law.
|