Rep. Jehan A. Gordon-Booth
Filed: 2/15/2013
 
 

 

 

 
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1
AMENDMENT TO HOUSE BILL 125 




2    AMENDMENT NO. ______. Amend House Bill 125 by replacing 
3everything after the enacting clause with the following:




 
4    "Section 5. The Counties Code is amended  by adding Section 
55-14008 as follows:
 
6    (55 ILCS 5/5-14008 new)
7    Sec. 5-14008. Powers of commission; real property. The 
8joint regional planning commission may acquire, by purchase, 
9gift, or legacy, and hold real property for the purposes of the 
10joint regional planning commission, and may sell and convey 
11that property. The value of the real property shall be 
12determined by an appraisal performed by an appraiser licensed 
13under the Real Estate Appraiser Licensing Act of 2002 and who 
14is certified to appraise the type or types of property to be 
15valued. The appraisal report of the appraiser shall be 
16available for public inspection. The joint regional planning 
 
 
09800HB0125ham001- 2 -LRB098 03949 OMW 40646 a

1commission may purchase the real property under contracts 
2providing for payment in installments over a period of time of 
3not more than 20 years and may finance the purchase of the real 
4property under finance contracts providing for payment in 
5installments over a period of time of not more than 20 years. 
6This Section applies only to a joint regional planning 
7commission if it consists of 3 or fewer counties that border 
8the Illinois River, where at least one of those counties has a 
9population of 180,000 or more.
 

10    Section 99. Effective date. This Act takes effect upon 
11becoming law.".