SB0092ham001 97TH GENERAL ASSEMBLY

Rep. Jehan A. Gordon

Filed: 4/29/2011

09700SB0092ham001 LRB097 03013 KMW 54931 a

AMENDMENT TO SENATE BILL 92

AMENDMENT NO. ______. Amend Senate Bill 92 by replacing everything after the enacting clause with the following:

"Section 5. The Counties Code is amended by adding Section 5-14008 as follows:

(55 ILCS 5/5-14008 new)

Sec. 5-14008. Powers of commission; real property. The joint regional planning commission may acquire, by purchase, gift, or legacy, and hold real property for the purposes of the joint regional planning commission, and may sell and convey that property. The value of the real property shall be determined by a written appraisal performed by a State-certified real estate appraiser, and the appraisal shall be made available for public inspection. The joint regional planning commission may purchase the real property under contracts providing for payment in installments over a period of time of not more than 20 years and may finance the purchase of the real property under finance contracts providing for payment in installments over a period of time of not more than 20 years. This Section applies only to a joint regional planning commission if it consists of 3 or fewer counties that border the Illinois River and at least one of those counties has a population of 180,000 or more.

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