Full Text of SR1786 100th General Assembly
SR1786 100TH GENERAL ASSEMBLY |
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| 1 | | SENATE RESOLUTION
| 2 | | WHEREAS, Illinois is home to the fourth worst foreclosure | 3 | | rate in the nation with communities
experiencing a significant | 4 | | reduction in home values while also witnessing a greater risk | 5 | | to public
safety; and
| 6 | | WHEREAS, Foreclosures are a serious threat to neighborhood | 7 | | stability and can have a significant
effect on nearby property | 8 | | values, with each foreclosure causing a 1.14% decline in the
| 9 | | value of every neighboring home on that block; and
| 10 | | WHEREAS, The effects of vacant and blighted properties are | 11 | | even more pronounced, with vacant
properties depressing | 12 | | surrounding home values by as much as 2.1%; and
| 13 | | WHEREAS, Homes that have been vacant for a long time tend | 14 | | to fall into severe disrepair, and can
become a threat to | 15 | | public safety, fire hazards, and dumping grounds; and
| 16 | | WHEREAS, Local governments often bear the cost of | 17 | | maintaining, administering, and demolishing
vacant and | 18 | | abandoned blighted properties, which impose direct municipal | 19 | | costs ranging from
$430 for a vacant property sold at auction | 20 | | to $34,199 for a vacant property destroyed by fire; and
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| 1 | | WHEREAS, Illinois continues to show higher levels of | 2 | | negative equity mortgages, with 8.9% of all homeowners in the | 3 | | State owing more on their mortgage than their home is worth,
| 4 | | depressing a primary source of household wealth and | 5 | | discouraging additional purchases that
drive a healthy housing | 6 | | market; therefore, be it
| 7 | | RESOLVED, BY THE SENATE OF THE ONE HUNDREDTH GENERAL | 8 | | ASSEMBLY OF THE STATE OF ILLINOIS, that there is created the | 9 | | Illinois Community Revitalization Task Force to study and make
| 10 | | recommendations for the reduction of blighted properties in | 11 | | this State and the revitalization of
communities throughout | 12 | | Illinois; and be it further | 13 | | RESOLVED, That the Executive Director of the Illinois | 14 | | Housing Development Authority
shall be a member and chair the | 15 | | Task Force and serve as a liaison to the Governor and General | 16 | | Assembly;
and be it further | 17 | | RESOLVED, That the Task Force shall consist of the | 18 | | following members, who shall serve without compensation, | 19 | | appointed by the Executive Director of the Illinois Housing | 20 | | Development Authority: | 21 | | (1) One member representing an organization that | 22 | | represents Illinois municipalities; | 23 | | (2) One member representing an organization that |
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| 1 | | represents Illinois realtors; | 2 | | (3) One member representing an organization that | 3 | | represents Illinois home builders; | 4 | | (4) One member representing an organization that | 5 | | represents metropolitan area mayors; | 6 | | (5) One member representing an organization that | 7 | | represents a charity that helps build low-income housing; | 8 | | (6) One member representing a land bank authority | 9 | | within Cook County; | 10 | | (7) One member representing a land bank authority | 11 | | outside of Cook County; | 12 | | (8) Two members representing public safety entities; | 13 | | (9) One member representing a municipal or land bank | 14 | | legal counsel; | 15 | | (10) Two members representing a county government | 16 | | involved in the tax sale process; and | 17 | | (11) One member representing a not-for-profit | 18 | | organization that works to reduce blight or abandoned | 19 | | properties within a municipality; and be it further | 20 | | RESOLVED, That all appointments to the Task Force shall be | 21 | | made within 60 days after the
adoption of this resolution; | 22 | | vacancies in the task force shall be filled by their respective
| 23 | | appointing authorities within 30 days after the vacancy occurs; | 24 | | and be it further |
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| 1 | | RESOLVED, That the Task Force shall meet on four separate | 2 | | occasions, once during the
months of July, August, September, | 3 | | and October of 2018; and be it further | 4 | | RESOLVED, That the Illinois Housing Development Authority | 5 | | shall provide administrative
and other support to the Task | 6 | | Force; and be it further | 7 | | RESOLVED, That the Task Force seeks to bring together | 8 | | experts and qualified stakeholders to
collaborate and offer | 9 | | solutions that will ease the barriers that units of local | 10 | | government
face when working to reduce blighted properties | 11 | | within their jurisdictions; and be it
further | 12 | | RESOLVED, That by offering an interdisciplinary approach, | 13 | | the working group will seek to
both identify the effects | 14 | | blighted properties have on local communities and best | 15 | | practices
that will help to contribute to community | 16 | | revitalization throughout Illinois; and be it
further | 17 | | RESOLVED, That the report to the General Assembly shall be | 18 | | filed with the Secretary of the Senate and the Clerk of the | 19 | | House of Representatives in electronic form only, in the manner | 20 | | that the Secretary and Clerk shall direct; and be it further
| 21 | | RESOLVED, That that the Task Force shall present its |
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| 1 | | findings and recommendations to the
General Assembly in a | 2 | | report on or before January 1, 2019, and upon the filing of its | 3 | | report the Task Force is dissolved.
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