Sen. Randall M. Hultgren
Filed: 3/3/2009
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1 | AMENDMENT TO SENATE BILL 1451
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2 | AMENDMENT NO. ______. Amend Senate Bill 1451 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Counties Code is amended by adding Section | ||||||
5 | 5-1131 as follows: | ||||||
6 | (55 ILCS 5/5-1131 new) | ||||||
7 | Sec. 5-1131. Sale and lease of real property. The county | ||||||
8 | board of any county with more than 500,000 residents shall have | ||||||
9 | the power to use county funds to sell, lease, or exchange | ||||||
10 | property held by the county, including but not limited to a | ||||||
11 | partial interest in property, and to sell, lease, or exchange | ||||||
12 | property at less than fair market value, to achieve any housing | ||||||
13 | need of the county and to benefit the residents of the | ||||||
14 | county. ".
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