(65 ILCS 5/11-91.1-4) (from Ch. 24, par. 11-91.1-4)
Sec. 11-91.1-4.
In addition to the amounts heretofore authorized to be paid by the
municipality, the municipality may, as a part of the cost of construction,
make a payment to the owner of real property acquired for a Federal Aid
highway project which is improved by a single, two or three family dwelling
actually owned and occupied by the owner for not less than one year prior
to the initiation of negotiations for the acquisition of such property, an
amount which, when added to the acquisition payment, equals the average
price required for a comparable dwelling determined in accordance with
standards established by the municipality to be a decent, safe and sanitary
dwelling adequate to accommodate the displaced owner, reasonably accessible
to public services and places of employment and available on the private
market. Such payment shall not exceed the sum of $5,000, and shall be made
only to a displaced owner who purchases and occupies a dwelling that meets
the standards established by the municipality within one year subsequent to
the date on which he is required to move from the dwelling acquired for the
highway project. Any individual or family not eligible to receive such
payment, who is displaced from any dwelling which dwelling was actually and
lawfully occupied by such individual and family for not less than ninety
days prior to the initiation of negotiations for acquisition of such
property, may be paid by the municipality an amount necessary to enable
such individual or family to lease or rent for a period not to exceed two
years, or to make the down payment on the purchase of a decent, safe and
sanitary dwelling of standards adequate to accommodate such individual or
family in areas not generally less desirable in regard to public utilities
and public and commercial facilities. Such payment shall not exceed the sum
of $1,500.
(Source: P.A. 76-1644.)
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