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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004 HB5506
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED: |
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50 ILCS 605/1 |
from Ch. 30, par. 156 |
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Amends the Local Government Property Transfer Act. Adds a caption to the
definitions Section of the Act.
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A BILL FOR
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HB5506 |
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LRB093 17226 MKM 42892 b |
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| AN ACT concerning local government.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Local Government Property Transfer Act is |
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| amended by changing
Section 1 as follows:
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| (50 ILCS 605/1) (from Ch. 30, par. 156)
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| Sec. 1. Definitions.
When used in this Act:
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| (a) The term "transferor municipality" shall mean a |
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| municipal
corporation transferring real estate or any interest |
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| therein, under the
provisions of this Act.
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| (b) The term "transferee municipality" shall mean a |
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| municipal
corporation receiving a transfer of real estate or |
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| any interest therein
under provisions of this Act.
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| (c) The term "municipality" whether used by itself or in |
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| conjunction
with other words, as in (a) or (b) above, shall |
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| mean and include any
municipal corporation or political |
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| subdivision organized and existing
under the laws of the State |
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| of Illinois and including, but without
limitation, any city, |
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| village, or incorporated town, whether organized
under a |
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| special charter or under the General Act, or whether operating
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| under the commission or managerial form of government, county, |
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| school
districts, trustees of schools, boards of education, |
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| sanitary district or
sanitary district
trustees, forest |
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| preserve district or forest preserve district
commissioner, |
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| park district or park commissioners, airport authority and
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| township.
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| (d) The term "restriction" shall mean any condition, |
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| limitation,
qualification, reversion, possibility of |
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| reversion, covenant, agreement
or restraint of whatever kind or |
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| nature, the effect of which is to
restrict the use or ownership |
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| of real estate by a municipality as
defined in (c) above.
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| (e) The term "corporate authorities" shall mean the members |