(65 ILCS 5/11-74.2-2) (from Ch. 24, par. 11-74.2-2)
Sec. 11-74.2-2.
As used in this Act unless the context requires
otherwise:
(a) "Real property" means lands, lands under water, structures, and
any and all easements, franchises and incorporeal hereditaments, estates
and rights, legal and equitable, including terms for years and liens by
way of judgment, mortgage or otherwise.
(b) "Commercial blight area" or "blight area" means any improved or vacant area of not
less in the aggregate than 2 acres located within the territorial limits
of a municipality where, if improved, industrial, commercial and
residential buildings or improvements, because of a combination of 5 or
more of the following factors:
age; dilapidation; obsolescence; deterioration; illegal use of individual
structures; presence of structures below minimum code
standards; excessive vacancies; overcrowding of structures and community
facilities; lack of ventilation,
light or sanitary facilities; inadequate utilities; or excessive land
coverage; deleterious land use or layout; depreciation or lack of physical
maintenance; lack of community planning,
are detrimental to the public safety, health, morals or
welfare, or if vacant, the sound growth of the area is impaired by, (1)
a combination of 2 or more of the following factors: obsolete platting of
the vacant land; diversity of ownership of such land; tax and special assessment
delinquencies on such land; deterioration of structures or site improvements
in neighboring areas to the vacant land, or (2) the area immediately
prior to becoming vacant qualified as a blighted improved area.
(c) "Commercial project" means any building or buildings or building
addition or other structures to be newly constructed, renovated or
improved and suitable for use by a commercial enterprise or an entity
engaged in providing housing and ancillary services, and includes the
sites and other rights in the land on which such buildings or structures
are located.
(d) "Commercial conservation area" or "conservation area" means any
area located within the territorial limits of the municipality, of not
less, in the aggregate, than 2 acres in which 50% or more of the
structures have an age of 35 years or more. Such an area is not yet a
blight area but because of a combination of 3 or more of the following
factors: dilapidation; obsolescence; deterioration; illegal use of
individual structures; presence of structures below minimum code
standards; abandonment; excessive vacancies; overcrowding of structures
and community facilities; lack of ventilation, light or sanitary
facilities; inadequate utilities; excessive land coverage; deleterious
land use or layout; depreciation of physical maintenance; or lack of
community planning, is detrimental to the public safety, health, morals
or welfare and such an area may become a blight area.
(e) "Commercial redevelopment plan" or "redevelopment plan" means
the comprehensive program for the clearing or rehabilitation and
physical development of a commercial blight or conservation area, and
includes an analysis and projection of the steps necessary for the
elimination or rehabilitation of a commercial blight or conservation
area and the protection of adjacent areas, and all administrative,
funding and financial details and proposals necessary to effectuate the
plan.
(f) "Redevelopment area" means the blighted or conservation area of
not less in the aggregate than 2 acres, to be developed in accordance
with the redevelopment plan.
(Source: P.A. 82-783.)
|