(70 ILCS 1930/15)
Sec. 15. Acquisition of property. The Authority has the power to
acquire by gift, purchase, or legacy the fee simple title to real property
located within the boundaries of the Authority, including temporary and
permanent easements, as well as reversionary interests in the streets, alleys,
and other public
places and personal property, required for its purposes, and title thereto
shall be taken in the corporate name of the Authority. All land
and appurtenances thereto, acquired or owned by the Authority, are to be
deemed acquired or owned for a public use or public purpose.
The Authority may not acquire property by eminent domain.
(Source: P.A. 95-122, eff. 8-13-07.) |