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92_HB2517 LRB9207487REks 1 AN ACT concerning redevelopment. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Capital Development Board Act is amended 5 by adding Section 10.17 as follows: 6 (20 ILCS 3105/10.17 new) 7 Sec. 10.17. Parks College redevelopment. To make grants 8 to the Cahokia Development Authority to be used for the 9 purchase and redevelopment of the Parks College Site in 10 Cahokia, Illinois and for converting it into a technology 11 park incubator education facility. 12 Section 99. Effective date. This Act takes effect upon 13 becoming law.