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90_SB0515ham001 LRB9000546KDgcam01 1 AMENDMENT TO SENATE BILL 515 2 AMENDMENT NO. . Amend Senate Bill 515 by replacing 3 the title with the following: 4 "AN ACT concerning property."; and 5 by replacing everything after the enacting clause with the 6 following: 7 "Section 5. The State Mandates Act is amended by adding 8 Section 8.22 as follows: 9 (30 ILCS 805/8.22 new) 10 Sec. 8.22. Exempt mandate. Notwithstanding Sections 6 11 and 8 of this Act, no reimbursement by the State is required 12 for the implementation of any mandate created by this 13 amendatory Act of 1998. 14 Section 10. The Property Tax Code is amended by changing 15 Sections 18-165 and 18-185 as follows: 16 (35 ILCS 200/18-165) 17 Sec. 18-165. Abatement of taxes. 18 (a) Any taxing district, upon a majority vote of its 19 governing authority, may, after the determination of the -2- LRB9000546KDgcam01 1 assessed valuation of its property, order the clerk of that 2 county to abate any portion of its taxes on the following 3 types of property: 4 (1) Commercial and industrial. 5 (A) The property of any commercial or 6 industrial firm, including but not limited to the 7 property of any firm that is used for collecting, 8 separating, storing, or processing recyclable 9 materials, locating within the taxing district 10 during the immediately preceding year from another 11 state, territory, or country, or having been newly 12 created within this State during the immediately 13 preceding year, or expanding an existing facility. 14 The abatement shall not exceed a period of 10 years 15 and the aggregate amount of abated taxes for all 16 taxing districts combined shall not exceed 17 $4,000,000; or 18 (B) The property of any commercial or 19 industrial development of at least 500 acres having 20 been created within the taxing district. The 21 abatement shall not exceed a period of 20 years and 22 the aggregate amount of abated taxes for all taxing 23 districts combined shall not exceed $12,000,000. 24 (C) The property of any commercial or 25 industrial firm currently located in the taxing 26 district that expands a facility or its number of 27 employees. The abatement shall not exceed a period 28 of 10 years and the aggregate amount of abated taxes 29 for all taxing districts combined shall not exceed 30 $4,000,000. The abatement period may be renewed at 31 the option of the taxing districts. 32 (2) Horse racing. Any property in the taxing 33 district which is used for the racing of horses and upon 34 which capital improvements consisting of expansion, -3- LRB9000546KDgcam01 1 improvement or replacement of existing facilities have 2 been made since July 1, 1987. The combined abatements 3 for such property from all taxing districts in any county 4 shall not exceed $5,000,000 annually and shall not exceed 5 a period of 10 years. 6 (3) Auto racing. Any property designed exclusively 7 for the racing of motor vehicles. Such abatement shall 8 not exceed a period of 10 years. 9 (4) Academic or research institute. The property 10 of any academic or research institute in the taxing 11 district that (i) is an exempt organization under 12 paragraph (3) of Section 501(c) of the Internal Revenue 13 Code, (ii) operates for the benefit of the public by 14 actually and exclusively performing scientific research 15 and making the results of the research available to the 16 interested public on a non-discriminatory basis, and 17 (iii) employs more than 100 employees. An abatement 18 granted under this paragraph shall be for at least 15 19 years and the aggregate amount of abated taxes for all 20 taxing districts combined shall not exceed $5,000,000. 21 (5) Housing for older persons. Any property in the 22 taxing district that is devoted exclusively to affordable 23 housing for older households. For purposes of this 24 paragraph, "older households" means those households (i) 25 living in housing provided under any State or federal 26 program that the Department of Human Rights determines is 27 specifically designed and operated to assist elderly 28 persons and is solely occupied by persons 55 years of age 29 or older and (ii) whose annual income does not exceed 80% 30 of the area gross median income, adjusted for family 31 size, as such gross income and median income are 32 determined from time to time by the United States 33 Department of Housing and Urban Development. The 34 abatement shall not exceed a period of 15 years, and the -4- LRB9000546KDgcam01 1 aggregate amount of abated taxes for all taxing districts 2 shall not exceed $3,000,000. 3 (b) Upon a majority vote of its governing authority, any 4 municipality may, after the determination of the assessed 5 valuation of its property, order the county clerk to abate 6 any portion of its taxes on any property that is located 7 within the corporate limits of the municipality in accordance 8 with Section 8-3-18 of the Illinois Municipal Code. 9 (Source: P.A. 89-561, eff. 1-1-97; 90-46, eff. 7-3-97; 10 90-415, eff. 8-15-97; revised 10-30-97.) 11 (35 ILCS 200/18-185) 12 Sec. 18-185. Short title; definitions. This Section and 13 Sections 18-190 through 18-245 may be cited as the Property 14 Tax Extension Limitation Law. As used in Sections 18-190 15 through 18-245: 16 "Consumer Price Index" means the Consumer Price Index for 17 All Urban Consumers for all items published by the United 18 States Department of Labor. 19 "Extension limitation" means (a) the lesser of 5% or the 20 percentage increase in the Consumer Price Index during the 21 12-month calendar year preceding the levy year or (b) the 22 rate of increase approved by voters under Section 18-205. 23 "Affected county" means a county of 3,000,000 or more 24 inhabitants or a county contiguous to a county of 3,000,000 25 or more inhabitants. 26 "Taxing district" has the same meaning provided in 27 Section 1-150, except as otherwise provided in this Section. 28 For the 1991 through 1994 levy years only, "taxing district" 29 includes only each non-home rule taxing district having the 30 majority of its 1990 equalized assessed value within any 31 county or counties contiguous to a county with 3,000,000 or 32 more inhabitants. Beginning with the 1995 levy year, "taxing 33 district" includes only each non-home rule taxing district -5- LRB9000546KDgcam01 1 subject to this Law before the 1995 levy year and each 2 non-home rule taxing district not subject to this Law before 3 the 1995 levy year having the majority of its 1994 equalized 4 assessed value in an affected county or counties. Beginning 5 with the levy year in which this Law becomes applicable to a 6 taxing district as provided in Section 18-213, "taxing 7 district" also includes those taxing districts made subject 8 to this Law as provided in Section 18-213. 9 "Aggregate extension" for taxing districts to which this 10 Law applied before the 1995 levy year means the annual 11 corporate extension for the taxing district and those special 12 purpose extensions that are made annually for the taxing 13 district, excluding special purpose extensions: (a) made for 14 the taxing district to pay interest or principal on general 15 obligation bonds that were approved by referendum; (b) made 16 for any taxing district to pay interest or principal on 17 general obligation bonds issued before October 1, 1991; (c) 18 made for any taxing district to pay interest or principal on 19 bonds issued to refund or continue to refund those bonds 20 issued before October 1, 1991; (d) made for any taxing 21 district to pay interest or principal on bonds issued to 22 refund or continue to refund bonds issued after October 1, 23 1991 that were approved by referendum; (e) made for any 24 taxing district to pay interest or principal on revenue bonds 25 issued before October 1, 1991 for payment of which a property 26 tax levy or the full faith and credit of the unit of local 27 government is pledged; however, a tax for the payment of 28 interest or principal on those bonds shall be made only after 29 the governing body of the unit of local government finds that 30 all other sources for payment are insufficient to make those 31 payments; (f) made for payments under a building commission 32 lease when the lease payments are for the retirement of bonds 33 issued by the commission before October 1, 1991, to pay for 34 the building project; (g) made for payments due under -6- LRB9000546KDgcam01 1 installment contracts entered into before October 1, 1991; 2 (h) made for payments of principal and interest on bonds 3 issued under the Metropolitan Water Reclamation District Act 4 to finance construction projects initiated before October 1, 5 1991; (i) made for payments of principal and interest on 6 limited bonds, as defined in Section 3 of the Local 7 Government Debt Reform Act, in an amount not to exceed the 8 debt service extension base less the amount in items (b), 9 (c), (e), and (h) of this definition for non-referendum 10 obligations, except obligations initially issued pursuant to 11 referendum; (j) made for payments of principal and interest 12 on bonds issued under Section 15 of the Local Government Debt 13 Reform Act; and (k) made by a school district that 14 participates in the Special Education District of Lake 15 County, created by special education joint agreement under 16 Section 10-22.31 of the School Code, for payment of the 17 school district's share of the amounts required to be 18 contributed by the Special Education District of Lake County 19 to the Illinois Municipal Retirement Fund under Article 7 of 20 the Illinois Pension Code; the amount of any extension under 21 this item (k) shall be certified by the school district to 22 the county clerk. 23 "Aggregate extension" for the taxing districts to which 24 this Law did not apply before the 1995 levy year (except 25 taxing districts subject to this Law in accordance with 26 Section 18-213) means the annual corporate extension for the 27 taxing district and those special purpose extensions that are 28 made annually for the taxing district, excluding special 29 purpose extensions: (a) made for the taxing district to pay 30 interest or principal on general obligation bonds that were 31 approved by referendum; (b) made for any taxing district to 32 pay interest or principal on general obligation bonds issued 33 before March 1, 1995; (c) made for any taxing district to pay 34 interest or principal on bonds issued to refund or continue -7- LRB9000546KDgcam01 1 to refund those bonds issued before March 1, 1995; (d) made 2 for any taxing district to pay interest or principal on bonds 3 issued to refund or continue to refund bonds issued after 4 March 1, 1995 that were approved by referendum; (e) made for 5 any taxing district to pay interest or principal on revenue 6 bonds issued before March 1, 1995 for payment of which a 7 property tax levy or the full faith and credit of the unit of 8 local government is pledged; however, a tax for the payment 9 of interest or principal on those bonds shall be made only 10 after the governing body of the unit of local government 11 finds that all other sources for payment are insufficient to 12 make those payments; (f) made for payments under a building 13 commission lease when the lease payments are for the 14 retirement of bonds issued by the commission before March 1, 15 1995 to pay for the building project; (g) made for payments 16 due under installment contracts entered into before March 1, 17 1995; (h) made for payments of principal and interest on 18 bonds issued under the Metropolitan Water Reclamation 19 District Act to finance construction projects initiated 20 before October 1, 1991; (i) made for payments of principal 21 and interest on limited bonds, as defined in Section 3 of the 22 Local Government Debt Reform Act, in an amount not to exceed 23 the debt service extension base less the amount in items (b), 24 (c), and (e) of this definition for non-referendum 25 obligations, except obligations initially issued pursuant to 26 referendum and bonds described in subsection (h) of this 27 definition; (j) made for payments of principal and interest 28 on bonds issued under Section 15 of the Local Government Debt 29 Reform Act; (k) made for payments of principal and interest 30 on bonds authorized by Public Act 88-503 and issued under 31 Section 20a of the Chicago Park District Act for aquarium or 32 museum projects; and (l) made for payments of principal and 33 interest on bonds authorized by Public Act 87-1191 and issued 34 under Section 42 of the Cook County Forest Preserve District -8- LRB9000546KDgcam01 1 Act for zoological park projects. 2 "Aggregate extension" for all taxing districts to which 3 this Law applies in accordance with Section 18-213, except 4 for those taxing districts subject to paragraph (2) of 5 subsection (e) of Section 18-213, means the annual corporate 6 extension for the taxing district and those special purpose 7 extensions that are made annually for the taxing district, 8 excluding special purpose extensions: (a) made for the taxing 9 district to pay interest or principal on general obligation 10 bonds that were approved by referendum; (b) made for any 11 taxing district to pay interest or principal on general 12 obligation bonds issued before the date on which the 13 referendum making this Law applicable to the taxing district 14 is held; (c) made for any taxing district to pay interest or 15 principal on bonds issued to refund or continue to refund 16 those bonds issued before the date on which the referendum 17 making this Law applicable to the taxing district is held; 18 (d) made for any taxing district to pay interest or principal 19 on bonds issued to refund or continue to refund bonds issued 20 after the date on which the referendum making this Law 21 applicable to the taxing district is held if the bonds were 22 approved by referendum after the date on which the referendum 23 making this Law applicable to the taxing district is held; 24 (e) made for any taxing district to pay interest or principal 25 on revenue bonds issued before the date on which the 26 referendum making this Law applicable to the taxing district 27 is held for payment of which a property tax levy or the full 28 faith and credit of the unit of local government is pledged; 29 however, a tax for the payment of interest or principal on 30 those bonds shall be made only after the governing body of 31 the unit of local government finds that all other sources for 32 payment are insufficient to make those payments; (f) made for 33 payments under a building commission lease when the lease 34 payments are for the retirement of bonds issued by the -9- LRB9000546KDgcam01 1 commission before the date on which the referendum making 2 this Law applicable to the taxing district is held to pay for 3 the building project; (g) made for payments due under 4 installment contracts entered into before the date on which 5 the referendum making this Law applicable to the taxing 6 district is held; (h) made for payments of principal and 7 interest on limited bonds, as defined in Section 3 of the 8 Local Government Debt Reform Act, in an amount not to exceed 9 the debt service extension base less the amount in items (b), 10 (c), and (e) of this definition for non-referendum 11 obligations, except obligations initially issued pursuant to 12 referendum; (i) made for payments of principal and interest 13 on bonds issued under Section 15 of the Local Government Debt 14 Reform Act; and (j) made for a qualified airport authority to 15 pay interest or principal on general obligation bonds issued 16 for the purpose of paying obligations due under, or financing 17 airport facilities required to be acquired, constructed, 18 installed or equipped pursuant to, contracts entered into 19 before March 1, 1996 (but not including any amendments to 20 such a contract taking effect on or after that date). 21 "Aggregate extension" for all taxing districts to which 22 this Law applies in accordance with paragraph (2) of 23 subsection (e) of Section 18-213 means the annual corporate 24 extension for the taxing district and those special purpose 25 extensions that are made annually for the taxing district, 26 excluding special purpose extensions: (a) made for the taxing 27 district to pay interest or principal on general obligation 28 bonds that were approved by referendum; (b) made for any 29 taxing district to pay interest or principal on general 30 obligation bonds issued before the effective date of this 31 amendatory Act of 1997; (c) made for any taxing district to 32 pay interest or principal on bonds issued to refund or 33 continue to refund those bonds issued before the effective 34 date of this amendatory Act of 1997; (d) made for any taxing -10- LRB9000546KDgcam01 1 district to pay interest or principal on bonds issued to 2 refund or continue to refund bonds issued after the effective 3 date of this amendatory Act of 1997 if the bonds were 4 approved by referendum after the effective date of this 5 amendatory Act of 1997; (e) made for any taxing district to 6 pay interest or principal on revenue bonds issued before the 7 effective date of this amendatory Act of 1997 for payment of 8 which a property tax levy or the full faith and credit of the 9 unit of local government is pledged; however, a tax for the 10 payment of interest or principal on those bonds shall be made 11 only after the governing body of the unit of local government 12 finds that all other sources for payment are insufficient to 13 make those payments; (f) made for payments under a building 14 commission lease when the lease payments are for the 15 retirement of bonds issued by the commission before the 16 effective date of this amendatory Act of 1997 to pay for the 17 building project; (g) made for payments due under installment 18 contracts entered into before the effective date of this 19 amendatory Act of 1997; (h) made for payments of principal 20 and interest on limited bonds, as defined in Section 3 of the 21 Local Government Debt Reform Act, in an amount not to exceed 22 the debt service extension base less the amount in items (b), 23 (c), and (e) of this definition for non-referendum 24 obligations, except obligations initially issued pursuant to 25 referendum; (i) made for payments of principal and interest 26 on bonds issued under Section 15 of the Local Government Debt 27 Reform Act; and (j) made for a qualified airport authority to 28 pay interest or principal on general obligation bonds issued 29 for the purpose of paying obligations due under, or financing 30 airport facilities required to be acquired, constructed, 31 installed or equipped pursuant to, contracts entered into 32 before March 1, 1996 (but not including any amendments to 33 such a contract taking effect on or after that date). 34 "Debt service extension base" means an amount equal to -11- LRB9000546KDgcam01 1 that portion of the extension for a taxing district for the 2 1994 levy year, or for those taxing districts subject to this 3 Law in accordance with Section 18-213, except for those 4 subject to paragraph (2) of subsection (e) of Section 18-213, 5 for the levy year in which the referendum making this Law 6 applicable to the taxing district is held, or for those 7 taxing districts subject to this Law in accordance with 8 paragraph (2) of subsection (e) of Section 18-213 for the 9 1996 levy year, constituting an extension for payment of 10 principal and interest on bonds issued by the taxing district 11 without referendum, but not including (i) bonds authorized by 12 Public Act 88-503 and issued under Section 20a of the Chicago 13 Park District Act for aquarium and museum projects; (ii) 14 bonds issued under Section 15 of the Local Government Debt 15 Reform Act; or (iii) refunding obligations issued to refund 16 or to continue to refund obligations initially issued 17 pursuant to referendum. The debt service extension base may 18 be established or increased as provided under Section 18-212. 19 "Special purpose extensions" include, but are not limited 20 to, extensions for levies made on an annual basis for 21 unemployment and workers' compensation, self-insurance, 22 contributions to pension plans, and extensions made pursuant 23 to Section 6-601 of the Illinois Highway Code for a road 24 district's permanent road fund whether levied annually or 25 not. The extension for a special service area is not 26 included in the aggregate extension. 27 "Aggregate extension base" means the taxing district's 28 last preceding aggregate extension as adjusted under Sections 29 18-215 through 18-230. 30 "Levy year" has the same meaning as "year" under Section 31 1-155. 32 "New property" means (i) the assessed value, after final 33 board of review or board of appeals action, of new 34 improvements or additions to existing improvements on any -12- LRB9000546KDgcam01 1 parcel of real property that increase the assessed value of 2 that real property during the levy year multiplied by the 3 equalization factor issued by the Department under Section 4 17-30 and (ii) the assessed value, after final board of 5 review or board of appeals action, of real property not 6 exempt from real estate taxation, which real property was 7 exempt from real estate taxation for any portion of the 8 immediately preceding levy year, multiplied by the 9 equalization factor issued by the Department under Section 10 17-30. 11 "Qualified airport authority" means an airport authority 12 organized under the Airport Authorities Act and located in a 13 county bordering on the State of Wisconsin and having a 14 population in excess of 200,000 and not greater than 500,000. 15 "Recovered tax increment value" means the amount of the 16 current year's equalized assessed value, in the first year 17 after a municipality terminates the designation of an area as 18 a redevelopment project area previously established under the 19 Tax Increment Allocation Development Act in the Illinois 20 Municipal Code, previously established under the Industrial 21 Jobs Recovery Law in the Illinois Municipal Code, or 22 previously established under the Economic Development Area 23 Tax Increment Allocation Act, of each taxable lot, block, 24 tract, or parcel of real property in the redevelopment 25 project area over and above the initial equalized assessed 26 value of each property in the redevelopment project area. 27 For the taxes which are extended for the 1997 levy year, the 28 recovered tax increment value for a non-home rule taxing 29 district that first became subject to this Law for the 1995 30 levy year because a majority of its 1994 equalized assessed 31 value was in an affected county or counties shall be 32 increased if a municipality terminated the designation of an 33 area in 1993 as a redevelopment project area previously 34 established under the Tax Increment Allocation Development -13- LRB9000546KDgcam01 1 Act in the Illinois Municipal Code, previously established 2 under the Industrial Jobs Recovery Law in the Illinois 3 Municipal Code, or previously established under the Economic 4 Development Area Tax Increment Allocation Act, by an amount 5 equal to the 1994 equalized assessed value of each taxable 6 lot, block, tract, or parcel of real property in the 7 redevelopment project area over and above the initial 8 equalized assessed value of each property in the 9 redevelopment project area. 10 Except as otherwise provided in this Section, "limiting 11 rate" means a fraction the numerator of which is the last 12 preceding aggregate extension base times an amount equal to 13 one plus the extension limitation defined in this Section and 14 the denominator of which is the current year's equalized 15 assessed value of all real property in the territory under 16 the jurisdiction of the taxing district during the prior levy 17 year. For those taxing districts that reduced their 18 aggregate extension for the last preceding levy year, the 19 highest aggregate extension in any of the last 3 preceding 20 levy years shall be used for the purpose of computing the 21 limiting rate. The denominator shall not include new 22 property. The denominator shall not include the recovered 23 tax increment value. 24 (Source: P.A. 89-1, eff. 2-12-95; 89-138, eff. 7-14-95; 25 89-385, eff. 8-18-95; 89-436, eff. 1-1-96; 89-449, eff. 26 6-1-96; 89-510, eff. 7-11-96; 89-718, eff. 3-7-97; 90-485, 27 eff. 1-1-98; 90-511, eff. 8-22-97; revised 10-24-97.) 28 Section 15. The Metropolitan Water Reclamation District 29 Act is amended by changing Section 8 as follows: 30 (70 ILCS 2605/8) (from Ch. 42, par. 327) 31 Sec. 8. Except as otherwise in this Act provided, the 32 sanitary district may acquire by lease, purchase or otherwise -14- LRB9000546KDgcam01 1 within or without its corporate limits, or by condemnation 2 within its corporate limits, any and all real and personal 3 property, right of way and privilege that may be required for 4 its corporate purposes. All moneys for the purchase and 5 condemnation of any property must be paid before possession 6 is taken, or any work done on the premises. In case of an 7 appeal from the Court in which the condemnation proceedings 8 are pending, taken by either party, whereby the amount of 9 damages is not finally determined, the amount of the judgment 10 in the court shall be deposited with the county treasurer of 11 the county in which the judgment is rendered, subject to the 12 payment of damages on orders signed by the judge whenever the 13 amount of damages is finally determined. 14 Upon recommendation of the general superintendent and 15 upon the approval of the board of trustees when any real or 16 personal property, right of way or privilege or any interest 17 therein, or any part thereof of such sanitary district is no 18 longer required for the corporate purposes of the sanitary 19 district it may be sold, vacated or released. Such sales, 20 vacations, or releases may be made subject to such conditions 21 and the retention of such interest therein as may be deemed 22 for the best interest of such sanitary district as 23 recommended by the general superintendent and approved by the 24 board of trustees. 25 However, the sanitary district may enter into a lease of 26 a building or a part thereof, or acquire title to a building 27 already constructed or to be constructed, for the purpose of 28 securing office space for its administrative corporate 29 functions, the period of such lease not to exceed 15 years 30 except as authorized by the provisions of Section 8b of this 31 Act. In the event of the purchase of such property for 32 administrative corporate functions, the sanitary district may 33 execute a mortgage or other documents of indebtedness as may 34 be required for the unpaid balance, to be paid in not more -15- LRB9000546KDgcam01 1 than 15 annual installments. Annual installments on the 2 mortgage or annual payment on the lease shall be considered a 3 current corporate expense of the year in which they are to be 4 paid, and the amount of such annual installment or payment 5 shall be included in the Annual Appropriation and Corporate 6 Tax Levy Ordinances. Such expense may be incurred, 7 notwithstanding the provisions, if any applicable, contained 8 in any other Sections of this Act. 9 The sanitary district may dedicate to the public for 10 highway purposes any of its real property and the dedications 11 may be made subject to such conditions and the retention of 12 such interests therein as considered in the best interests of 13 the sanitary district by the board of trustees upon 14 recommendation of the general superintendent. 15 The sanitary district may lease to others for any period 16 of time, not to exceed 99 years, upon the terms as its board 17 of trustees upon recommendation of the general superintendent 18 may determine, any such real property, right-of-way or 19 privilege, or any interest therein or any part thereof, which 20 is in the opinion of the board of trustees and general 21 superintendent of the sanitary district no longer required 22 for its corporate purposes or which may not be immediately 23 needed for such purposes. The leases may contain such 24 conditions and retain such interests therein as considered in 25 the best interests of the sanitary district by the board of 26 trustees upon recommendation of the general superintendent. 27 Negotiations and execution of such leases and preparatory 28 activities in connection therewith must comply with Section 29 8c of this Act. The sanitary district may grant easements and 30 permits for the use of any such real property, right-of-way, 31 or privilege, which will not in the opinion of the board of 32 trustees and general superintendent of the sanitary district 33 interfere with the use thereof by the sanitary district for 34 its corporate purposes. Such easements and permits may -16- LRB9000546KDgcam01 1 contain such conditions and retain such interests therein as 2 considered in the best interests of the sanitary district by 3 the board of trustees upon recommendation of the general 4 superintendent. 5 No sales, vacations, dedications for highway purposes, or 6 leases for periods in excess of 5 years, of the following 7 described real estate, may be made or granted by the sanitary 8 district without the approval in writing of the Director of 9 Natural Resources of the State of Illinois: 10 All the right-of-way of the Calumet-Sag Channel of the 11 sanitary district extending from the Little Calumet River 12 near Blue Island, Illinois, to the right-of-way of the main 13 channel of the sanitary district near Sag, Illinois. 14 Lots 1, 3, 5, 21, 30, 31, 32, 33, 46, 48, 50, 52, 88, 89, 15 89a, 90, 91, 130, 132, 133, those parts of Lots 134 and 139 16 lying northeasterly of a tract of land leased to the Corn 17 Products Manufacturing Company from January 1, 1908, to 18 December 31, 2006; 1000 feet of Lot 141 lying southwesterly 19 of and adjoining the above mentioned leased tract measured 20 parallel with the main channel of the sanitary district; Lots 21 166, 168, 207, 208, and part of Lot 211 lying northeasterly 22 of a line 1500 feet southwesterly of the center line of 23 Stephen Street, Lemont, Illinois, and parallel with said 24 street measured parallel with said main channel; and Lot 212 25 of the Sanitary District Trustees Subdivision of right-of-way 26 from the north and south center line of Section 30, Township 27 39 North, Range 14 East of the Third Principal Meridian, to 28 Will County line. 29 That part of the right-of-way of the main channel of the 30 sanitary district in Section 14, Township 37 North, Range 11 31 East of the Third Principal Meridian, lying southerly of said 32 main channel, northerly of the Northerly Reserve Line of the 33 Illinois and Michigan Canal, and westerly of the Center line 34 of the old channel of the Des Plaines River. -17- LRB9000546KDgcam01 1 That part of said main channel right-of-way in Section 2 35, Township 37 North, Range 10 East of the Third Principal 3 Meridian, lying east of said main channel and south of a line 4 1,319.1 feet north of and parallel with the south line of 5 said Section 35. 6 That part of said main channel right-of-way in the 7 northeast quarter of the northwest quarter of Section 2, 8 Township 36 North, Range 10 East of the Third Principal 9 Meridian, lying east of said main channel. 10 That part of said main channel right-of-way lying south 11 of Ninth Street in Lockport, Illinois. 12 The sanitary district may sell real estate that (i) is 13 not necessary for the functions of the district and (ii) has 14 been declared surplus by the district's governing body. The 15 proceeds from the sale of the surplus real estate may be 16 deposited into a revolving fund that shall be known as the 17 Local Improvement Revolving Loan Fund. The sanitary district 18 shall have the authority to deposit additional surplus funds 19 into the Local Improvement Revolving Loan Fund. The sanitary 20 district shall establish a Local Improvement Loan Program to 21 make loans from the Local Improvement Revolving Loan Fund to 22 municipalities and other units of local government to 23 rehabilitate the local sewerage systems within their 24 boundaries. The sanitary district shall establish reasonable 25 rules to administer the program, including without limitation 26 criteria for the eligibility for a loan and the interest 27 rate. The interest rate established by the district must be 28 lower than the market rate. Notwithstanding any other law, if 29 any surplus real estate is located in an unincorporated 30 territory and if that real estate is contiguous to only one 31 municipality, 60 days before the sale of that real estate, 32 the sanitary district shall notify in writing the contiguous 33 municipality of the proposed sale. Prior to the sale of the 34 real estate, the municipality shall notify in writing the -18- LRB9000546KDgcam01 1 sanitary district that the municipality will or will not 2 annex the surplus real estate. If the contiguous municipality 3 will annex such surplus real estate, then coincident with the 4 completion of the sale of that real estate by the sanitary 5 district, that real estate shall be automatically annexed to 6 the contiguous municipality. 7 All sales of real estate by such sanitary district must 8 be for cash, to the highest bidder upon open competitive 9 bids, and the proceeds of the sales, except the proceeds from 10 the sale of surplus real estate, may be used only for the 11 construction and equipment of sewage disposal plants, pumping 12 stations and intercepting sewers and appurtenances thereto, 13 and the acquisition of sites and easements therefor. 14 However, the sanitary district may: 15 (a) Remise, release, quit claim and convey, without the 16 approval of the Department of Natural Resources of the State 17 of Illinois acting by and through its Director, to the United 18 States of America without any consideration to be paid 19 therefor, in aid of the widening of the Calumet-Sag Channel 20 of the sanitary district by the United States of America, all 21 those certain lands, tenements and hereditaments of every 22 kind and nature of that portion of the established 23 right-of-way of the Calumet-Sag Channel lying east of the 24 east line of Ashland Avenue, in Blue Island, Illinois, and 25 south of the center line of the channel except such portion 26 thereof as is needed for the operation and maintenance of and 27 access to the controlling works lock of the sanitary 28 district; 29 (b) Without the approval of the Department of Natural 30 Resources of the State of Illinois acting by and through its 31 Director, give and grant to the United States of America 32 without any consideration to be paid therefor the right, 33 privilege and authority to widen the Calumet-Sag Channel and 34 for that purpose to enter upon and use in the work of such -19- LRB9000546KDgcam01 1 widening and for the disposal of spoil therefrom all that 2 part of the right-of-way of the Calumet-Sag Channel owned by 3 the sanitary district lying south of the center line of the 4 Calumet-Sag Channel from its connection with the main channel 5 of the sanitary district to the east line of Ashland Avenue 6 in Blue Island, Illinois; 7 (c) Make alterations to any structure made necessary by 8 such widening and to construct, reconstruct or otherwise 9 alter the existing highway bridges of the sanitary district 10 across the Calumet-Sag Channel; 11 (d) Give and grant to the United States of America 12 without any consideration to be paid therefor the right to 13 maintain the widened Calumet-Sag Channel without the 14 occupation or use of or jurisdiction over any property of the 15 sanitary district adjoining and adjacent to such widened 16 channel; 17 (e) Acquire by lease, purchase, condemnation or 18 otherwise, whatever land, easements or rights of way, not 19 presently owned by it, that may be required by the United 20 States of America in constructing the Calumet-Sag Navigation 21 Project, as approved in Public Law 525, 79th Congress, Second 22 Session as described in House Document No. 677 for widening 23 and dredging the Calumet-Sag Channel, in improving the Little 24 Calumet River between the eastern end of the Sag Channel and 25 Turning Basin No. 5, and in improving the Calumet River 26 between Calumet Harbor and Lake Calumet; 27 (f) Furnish free of cost to the United States all lands, 28 easements, rights-of-way and soil disposal areas necessary 29 for the new work and for subsequent maintenance by the United 30 States; 31 (g) Provide for the necessary relocations of all 32 utilities. 33 Whatever land acquired by the sanitary district may 34 thereafter be determined by the Board of Trustees upon -20- LRB9000546KDgcam01 1 recommendation of the general superintendent as not being 2 needed by the United States for the purposes of constructing 3 and maintaining the Calumet-Sag Navigation Project as above 4 described, shall be retained by the sanitary district for its 5 corporate purposes, or be sold, with all convenient speed, 6 vacated or released (but not leased) as its Board of Trustees 7 upon recommendation of the general superintendent may 8 determine: All sales of such real estate must be for cash, to 9 the highest bidder upon open, competitive bids, and the 10 proceeds of the sales may be used only for the purpose of 11 paying principal and interest upon the bonds authorized by 12 this Act, and if no bonds are then outstanding, for the 13 purpose of paying principal and interest upon any general 14 obligation bonds of the sanitary district, and for corporate 15 purposes of the sanitary district. When the proceeds are used 16 to pay bonds and interest, proper abatement shall be made in 17 the taxes next extended for such bonds and interest. 18 (Source: P.A. 89-445, eff. 2-7-96; 89-502, eff. 6-28-96.) 19 Section 90. Severability. The provisions of this Act 20 are severable under Section 1.31 of the Statute on 21 Statutes.".