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Public Act 103-0131 | ||||
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AN ACT concerning local government.
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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. The Fire Protection District Act is amended by | ||||
changing Section 10a as follows:
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(70 ILCS 705/10a) (from Ch. 127 1/2, par. 30a)
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Sec. 10a. Sale or exchange of property.
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(a) The board of trustees of any fire protection district
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incorporated under this Act may sell, lease or exchange | ||||
personalty and
may sell or lease realty owned by the district | ||||
and no longer needed for
fire protection purposes. Except as | ||||
provided in subsection (b), any realty
sold pursuant to this | ||||
Section shall be
sold to the highest and best bidder either at | ||||
public auction or on sealed
bids. Notice of the public auction | ||||
or of the receipt of bids shall be
published at least once in a | ||||
newspaper having a general circulation in the
district or | ||||
posted in at least ten public places in the district at least
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ten days before the date of the auction or the receipt of bids.
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(b) The board of trustees may, by resolution, authorize | ||||
the sale of
surplus real
estate. The value of the surplus real | ||||
estate shall be determined by a written
MAI certified
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appraisal or by a written certified appraisal of conducted by | ||||
a State certified or licensed real estate
appraiser. The
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appraisal must be available for public inspection. The | ||
resolution may direct
the sale to be
conducted directly by the | ||
board of trustees or by listing with local, licensed
real | ||
estate
agencies, in which case the terms of the agent's | ||
compensation must be included
in the
resolution. The | ||
resolution must also include pertinent information concerning
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the size,
use, and zoning of the real estate and the terms of | ||
the sale. The resolution
must be published at the first | ||
opportunity after the adoption of
the
resolution in a | ||
newspaper of general circulation published in the district or,
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if no
newspaper is published in the district, a newspaper of | ||
general circulation
published in the
county in which the | ||
district is located. The board of trustees may accept any
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contract proposal that the board determines
is in the best | ||
interest of the district, provided, however, that the sale | ||
price
may not be less
than 80% of the appraised value of the | ||
real estate.
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(c) Nothing in this Section prevents a fire
protection | ||
district
from
transferring realty to another municipal | ||
corporation or political
subdivision pursuant to the Local | ||
Government Property Transfer Act.
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(Source: P.A. 91-68, eff. 1-1-00.)
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