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(70 ILCS 915/3) (from Ch. 111 1/2, par. 5004)
Sec. 3. Property; acquisition. The Commission is authorized to acquire
the fee simple title
to real property lying within the District and personal property
required for its purposes, by gift, purchase, or otherwise, and title
thereto shall be taken in the corporate name of the Commission. The
Commission may acquire by lease such real and personal property found by
the Commission to be necessary for its purposes and to which the
Commission finds that it need not acquire the fee simple title for
carrying out of such purposes. All real and personal property within the
District,
except that owned and used for purposes authorized under this Act by
medical institutions or allied educational institutions, hospitals,
dispensaries, clinics, dormitories or homes for the nurses, doctors,
students, instructors or other officers or employees of the aforesaid
institutions located in the District, or any real property which is used
for offices or for recreational purposes in connection with the
aforesaid institutions,
or any improved residential property within a currently effective historical
district properly designated under a federal statute or a State or local
statute that has been certified by the Secretary of the Interior to the
Secretary of the Treasury as containing criteria which will substantially
achieve the purpose
of preserving and rehabilitating buildings of historical significance to the
district,
may be acquired by the Commission in its
corporate name under the provisions for the
exercise of the right of eminent domain under the Eminent Domain Act.
(Source: P.A. 94-1055, eff. 1-1-07.)
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