Public Act 0415 103RD GENERAL ASSEMBLY

  
  
  
 

 
Public Act 103-0415
 
HB1076 EnrolledLRB103 05169 AWJ 50184 b


  
    AN ACT concerning local government.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  
 
 
    Section 5. The Counties Code is amended  by changing 
Section 5-1049.2 as follows:
 



    (55 ILCS 5/5-1049.2)



    Sec. 5-1049.2. Lease of county property. 
    (a) The county board
may lease real estate acquired or 
held by the county for any term not exceeding
99 years and may 
lease the real estate when, in the opinion of the county
board, 
the real estate is no longer necessary, appropriate, required 
for the
use of, profitable to, or for the best interests of the 
county. The authority
to lease shall be exercised by an 
ordinance passed by three-fourths
of the full county board 
members then holding office, at any regular meeting or at
any 
special meeting called for that purpose. However, the county 
board may
authorize any county officer to make leases for 
terms not exceeding 2 years in
a manner determined by the 
Board.

    (b) Notwithstanding subsection (a), upon three-fourths 
vote, by the full county board, the county board may lease 
farmland acquired or held by the county for any term not 
exceeding 5 years. Farmland may be leased to either public or 
private entities via  a cash lease, crop-sharing arrangement, 
or custom farming arrangement. The bid process for a lease 
entered into under this subsection must be publicly advertised 
and sealed bids must be opened at a county board meeting for 
public review. Counties shall not acquire farmland for the 
sole purpose of entering into a cash lease, crop-sharing 
arrangement, or custom farming arrangement or other 
speculative purpose. 
(Source: P.A. 88-526.)

 
 
    Section 99. Effective date. This Act takes effect upon 
becoming law.