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Public Act 102-0925


Public Act 0925 102ND GENERAL ASSEMBLY



Public Act 102-0925
HB4219 EnrolledLRB102 21065 LNS 30019 b

    AN ACT concerning property.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 5. The Treasurer, on behalf of the State of
Illinois, is authorized to execute and deliver to the City of
Collinsville, for and in consideration of $1 paid to the
Treasurer, a quitclaim deed to the following described real
property for the purpose of tourism and hospitality
development, to wit:
    All of Lots 7, 8 and 11 in Eastport Plaza First Addition,
    according to the plat thereof recorded in Plat Cabinet 52
    Page 130 of the Recorder's Office of Madison County,
    Excepting therefrom that part of Lot 11 conveyed to W. A.
    Dilow III and Linda S. Dilow by deed recorded in Book 3394
    Page 2175, described as follows:
    Beginning at the Northwest corner of said Lot 11; thence
    North 89 degrees 19 minutes 44 seconds East 243.15 feet;
    thence South 01 degree 36 minutes 26 seconds East 104.0
    feet; thence North 87 degrees 46 minutes 32 seconds West
    283.79 feet; thence North 22 degrees 36 minutes 30 seconds
    East 97.60 feet to the point of beginning of said
    Except any interest in the coal, oil, gas and other
    minerals underlying the land which have been heretofore
    conveyed or reserved in prior conveyances, and all rights
    and easements in favor of the estate of said coal, oil, gas
    and other minerals, if any.
    Situated in Madison County, Illinois.
    PINs: 13-2-21-29-10-101-008
    Section 7. Dissolution of remaining Illinois Insured
Mortgage Pilot Program property.
    (a) The Treasurer is hereby authorized to sell, convey,
divest, or enter into any settlement agreement with respect to
any interest, including liens, that the State has in any
property associated with, or resulting from, the Illinois
Insured Mortgage Pilot Program.
    (b) The State Treasurer shall cause any funds received by
the State Treasurer as a result of subsection (a) to be
deposited into the General Revenue Fund.
    Section 10.
    (a) The Treasurer shall obtain a certified copy of this
Act within 60 days after its effective date and, upon receipt
of the payment required, shall record the certified document
in the Recorder's Office in the County in which the land is
    (b) The quitclaim deed to the property described in
Section 5 shall state on its face and be subject to the
conditions that the real property shall be used by the City of
Collinsville for the purpose of tourism and hospitality
development and that if the real property is used for any
purposes other than for the purpose of tourism and hospitality
development, or if an attempt is made to sell the property,
then title shall revert without further action to the State of
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 5/27/2022