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Public Act 102-0915


 

Public Act 0915 102ND GENERAL ASSEMBLY

  
  
  

 


 
Public Act 102-0915
 
HB2825 EnrolledLRB102 12121 LNS 17458 b

    AN ACT concerning civil law.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois and Michigan Canal Development Act
is amended by adding Section 14.1 as follows:
 
    (615 ILCS 45/14.1 new)
    Sec. 14.1. Exchange of property.
    (a) Notwithstanding any other provision of law or
restriction on the property, including, but not limited to,
any State rights, easements, or conveyance and reversion
clauses restricting sale, the Village of Lemont may exchange
with a nongovernmental entity the Illinois and Michigan Canal
lands that were purchased from the State for other real
property of substantially equal or greater value, as
determined by 2 MAI appraisals of the properties, and of
substantially the same or greater suitability for
recreational, park, and parking purposes without additional
cost to the Village. However, the property being transferred
to the Village must be continuous to other Illinois and
Michigan Canal lands owned by the Village.
    (b) Prior to an exchange under subsection (a) with a
nongovernmental entity, the Village board shall hold a public
hearing in order to consider the proposed exchange. Notice of
such a meeting shall be published at least twice, with the
first and last publication being at least 10 days apart, in a
newspaper of general circulation within the Village.
    (c) This Section applies only to the exchange of Parcel
One owned by the Village for Parcel Two owned by a
nongovernmental entity as follows:
 
    PARCEL ONE:
 
    THAT PART OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 11 EAST
    OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY,
    ILLINOIS, DESCRIBED AS FOLLOWS:
 
    BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF THE
    SOUTHERLY 90 FOOT RESERVE STRIP OF THE ILLINOIS AND
    MICHIGAN CANAL AND THE NORTHEAST CORNER OF LOT 1 IN BLOCK 1
    IN THE PLAT OF THE VILLAGE OF LEMONT, RECORDED AUGUST 8,
    1874 AS DOCUMENT 184242; THENCE ALONG A LINE 141 FEET
    SOUTHWESTERLY ALONG THE SOUTH LINE OF THE SOUTHERLY 90
    FOOT RESERVE STRIP OF THE ILLINOIS AND MICHIGAN CANAL;
    THENCE ALONG A LINE 79 FEET NORTHWESTERLY (AS MEASURED AT
    RIGHT ANGLES THERETO) AND PARALLEL WITH THE EASTERLY LINE
    OF BLOCK 1 IN SAID VILLAGE OF LEMONT SUBDIVISION, EXTENDED
    NORTHWESTERLY; THENCE ALONG A LINE 139 FEET PARALLEL WITH
    CANAL STREET; THENCE ALONG A LINE 63 FEET SOUTHEASTERLY TO
    THE POINT OF BEGINNING, ALL IN COOK COUNTY, ILLINOIS.
 
    PARCEL TWO:
 
    THAT PART OF SECTION 20, TOWNSHIP 37 NORTH, RANGE 11 EAST
    OF THE THIRD PRINCIPAL MERIDIAN, ALL IN COOK COUNTY,
    ILLINOIS, DESCRIBED AS FOLLOWS:
 
    LOTS 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, AND THAT
    PART OF LOT 20 LYING EAST OF THE LEMONT ROAD BRIDGE, ALL IN
    BLOCK 1 IN THE PLAT OF THE VILLAGE OF LEMONT, RECORDED
    AUGUST 8, 1874 AS DOCUMENT 184242; ALL IN COOK COUNTY,
    ILLINOIS.
 
    PIN: 22-20-304-015; 22-20-304-18.

Effective Date: 1/1/2023