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| 1 | AN ACT concerning real property.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. Upon payment to the Department of Natural | ||||||
| 5 | Resources of the sum equal to the appraised fair market value | ||||||
| 6 | determined in accordance with Section 10, the Director of such | ||||||
| 7 | Department, on behalf of the State of Illinois, is authorized | ||||||
| 8 | to execute and deliver to WLA Gambit IL, LP, its successors and | ||||||
| 9 | assigns, a quit claim deed to the following described real | ||||||
| 10 | property, provided the grantee pays the appraisal, land survey, | ||||||
| 11 | title and closing costs, to wit: | ||||||
| 12 | All that part of the following described tracts or parcels | ||||||
| 13 | in Johnson County, Illinois, which lie northerly of the | ||||||
| 14 | northerly right-of-way line of Interstate Route 24, to wit: | ||||||
| 15 | 1. All that part of the Southwest Quarter of Section | ||||||
| 16 | 11, Township 13 South, Range 3 East of the Third Principal | ||||||
| 17 | Meridian transferred to the Department of Conservation by | ||||||
| 18 | Document recorded in the Recorder's Office of Johnson | ||||||
| 19 | County, Illinois in Warranty Deed Book 154 at Page 75; and | ||||||
| 20 | 2. All that part of the South Half of the Northwest | ||||||
| 21 | Quarter of Section 11, Township 13 South, Range 3 East of | ||||||
| 22 | the Third Principal Meridian conveyed to the Department of | ||||||
| 23 | Conservation by Warranty Deed recorded in the Recorder's | ||||||
| 24 | Office of Johnson County, Illinois in Warranty Deed Book | ||||||
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| 1 | 117 at Page 341; a more accurate description to be prepared | ||||||
| 2 | from a Land Survey made by an Illinois Professional Land | ||||||
| 3 | Surveyor in accordance with the current Illinois minimum | ||||||
| 4 | standards for a boundary survey, the selection of such | ||||||
| 5 | Surveyor being subject to approval by the Department of | ||||||
| 6 | Natural Resources. | ||||||
| 7 | Section 10. The appraised fair market value of the real | ||||||
| 8 | property described in Section 5 shall be determined by 3 | ||||||
| 9 | independent State certified general real estate appraisers | ||||||
| 10 | whose appraisal reports shall be subject to review and | ||||||
| 11 | certification by the Department of Natural Resources. The legal | ||||||
| 12 | description of such real property shall be subject to review | ||||||
| 13 | and approval by the Department of Natural Resources. | ||||||
| 14 | Section 15. The payment for the appraisal, land survey, | ||||||
| 15 | title and closing costs, and the amount of the appraised fair | ||||||
| 16 | market value of the real property to the Department of Natural | ||||||
| 17 | Resources, as provided in Section 5, shall be made through the | ||||||
| 18 | Illinois Conservation Foundation, with the funds being | ||||||
| 19 | earmarked for future land acquisition in IDNR Region 5. | ||||||
| 20 | Section 20. The Director of Natural Resources shall obtain | ||||||
| 21 | a certified copy of this Act within 60 days after its effective | ||||||
| 22 | date and, upon receipt of payment required by Section 5, shall | ||||||
| 23 | record the certified document in the recorder's office in the | ||||||
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| 1 | county in which the real property is located.
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| 2 | Section 99. Effective date. This Act takes effect upon | ||||||
| 3 | becoming law.
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