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Sen. John F. Curran
Filed: 3/31/2022
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| 1 | | AMENDMENT TO SENATE BILL 1490
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 1490, AS AMENDED, |
| 3 | | by replacing everything after the enacting clause with the |
| 4 | | following:
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| 5 | | "Section 5. The Illinois and Michigan Canal Development |
| 6 | | Act is amended by adding Section 14.1 as follows:
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| 7 | | (615 ILCS 45/14.1 new) |
| 8 | | Sec. 14.1. Exchange of property. |
| 9 | | (a) Notwithstanding any other provision of law or |
| 10 | | restriction on the property, including, but not limited to, |
| 11 | | any State rights, easements, or conveyance and reversion |
| 12 | | clauses restricting sale, the Village of Lemont may exchange |
| 13 | | with a nongovernmental entity any Illinois and Michigan Canal |
| 14 | | lands that are purchased from the State for other real |
| 15 | | property of substantially equal or greater value, as |
| 16 | | determined by 2 MAI appraisals of the properties, and of |
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| 1 | | substantially the same or greater suitability for |
| 2 | | recreational, park, and parking purposes without additional |
| 3 | | cost to the Village. However, the property being transferred |
| 4 | | to the Village must be continuous to other Illinois and |
| 5 | | Michigan Canal lands owned by the Village. |
| 6 | | (b) Prior to an exchange under subsection (a) with a |
| 7 | | nongovernmental entity, the Village board shall hold a public |
| 8 | | hearing in order to consider the proposed exchange. Notice of |
| 9 | | such meeting shall be published at least twice, with the first |
| 10 | | and last publication being at least 10 days apart, in a |
| 11 | | newspaper of general circulation within the Village. |
| 12 | | (c) This Section applies to the exchange of Parcel One |
| 13 | | owned by the Village for Parcel Two owned by a nongovernmental |
| 14 | | entity as follows:
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| 15 | | PARCEL ONE:
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| 16 | | THAT PART OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 11 EAST |
| 17 | | OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY, |
| 18 | | ILLINOIS, DESCRIBED AS FOLLOWS:
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| 19 | | BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF THE |
| 20 | | SOUTHERNLY 90 FOOT RESERVE STRIP OF THE ILLINOIS AND |
| 21 | | MICHIGAN CANAL AND THE NORTHEAST CORNER OF LOT 1 IN BLOCK 1 |
| 22 | | IN THE PLAT OF THE VILLAGE OF LEMONT, RECORDED AUGUST 8, |
| 23 | | 1874 AS DOCUMENT 184242; THENCE ALONG A LINE 141 FEET |
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| 1 | | SOUTHWESTERLY ALONG THE SOUTH LINE OF THE SOUTHERNLY 90 |
| 2 | | FOOT RESERVE STRIP OF THE ILLINOIS AND MICHIGAN CANAL; |
| 3 | | THENCE ALONG A LINE 79 FEET NORTHWESTERLY (AS MEASURED AT |
| 4 | | RIGHT ANGLES THERETO) AND PARALLEL WITH THE EASTERLY LINE |
| 5 | | OF BLOCK 1 IN SAID VILLAGE OF LEMONT SUBDIVISION, EXTENDED |
| 6 | | NORTHWESTERLY; THENCE ALONG A LINE 139 FEET PARALLEL WITH |
| 7 | | CANAL STREET; THENCE ALONG A LINE 63 FEET SOUTHEASTERLY TO |
| 8 | | THE POINT OF BEGINNING, ALL IN COOK COUNTY, ILLINOIS.
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| 9 | | PARCEL TWO:
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| 10 | | THAT PART OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 11 EAST |
| 11 | | OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY, |
| 12 | | ILLINOIS, DESCRIBED AS FOLLOWS:
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| 13 | | LOTS 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, AND THAT |
| 14 | | PART OF LOT 20 LYING EAST OF THE LEMONT ROAD BRIDGE, ALL IN |
| 15 | | BLOCK 1 IN THE PLAT OF THE VILLAGE OF LEMONT, RECORDED |
| 16 | | AUGUST 8, 1874 AS DOCUMENT 184242; ALL IN COOK COUNTY, |
| 17 | | ILLINOIS.
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| 18 | | PIN: 22-20-304-015; 22-20-304-18.".
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