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| Public Act 095-0745 |
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AN ACT concerning real property.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. Upon payment to the Department of Natural | ||||
Resources of the sum equal to the appraised fair market value | ||||
determined in accordance with Section 10, the Director of such | ||||
Department, on behalf of the State of Illinois, is authorized | ||||
to execute and deliver to WLA Gambit IL, LP, its successors and | ||||
assigns, a quit claim deed to the following described real | ||||
property, provided the grantee pays the appraisal, land survey, | ||||
title and closing costs, to wit: | ||||
All that part of the following described tracts or parcels | ||||
in Johnson County, Illinois, which lie northerly of the | ||||
northerly right-of-way line of Interstate Route 24, to wit: | ||||
1. All that part of the Southwest Quarter of Section | ||||
11, Township 13 South, Range 3 East of the Third Principal | ||||
Meridian transferred to the Department of Conservation by | ||||
Document recorded in the Recorder's Office of Johnson | ||||
County, Illinois in Warranty Deed Book 154 at Page 75; and | ||||
2. All that part of the South Half of the Northwest | ||||
Quarter of Section 11, Township 13 South, Range 3 East of | ||||
the Third Principal Meridian conveyed to the Department of | ||||
Conservation by Warranty Deed recorded in the Recorder's | ||||
Office of Johnson County, Illinois in Warranty Deed Book | ||||
117 at Page 341; a more accurate description to be prepared | ||
from a Land Survey made by an Illinois Professional Land | ||
Surveyor in accordance with the current Illinois minimum | ||
standards for a boundary survey, the selection of such | ||
Surveyor being subject to approval by the Department of | ||
Natural Resources. | ||
Section 10. The appraised fair market value of the real | ||
property described in Section 5 shall be determined by 3 | ||
independent State certified general real estate appraisers | ||
whose appraisal reports shall be subject to review and | ||
certification by the Department of Natural Resources. The legal | ||
description of such real property shall be subject to review | ||
and approval by the Department of Natural Resources. | ||
Section 15. The payment for the appraisal, land survey, | ||
title and closing costs, and the amount of the appraised fair | ||
market value of the real property to the Department of Natural | ||
Resources, as provided in Section 5, shall be made through the | ||
Illinois Conservation Foundation, with the funds being | ||
earmarked for future land acquisition in IDNR Region 5. | ||
Section 20. The Director of Natural Resources shall obtain | ||
a certified copy of this Act within 60 days after its effective | ||
date and, upon receipt of payment required by Section 5, shall | ||
record the certified document in the recorder's office in the | ||
county in which the real property is located.
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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