[ Search ] [ PDF text ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
[ Introduced ] | [ Engrossed ] |
92_HB4999ham001 LRB9210181LBcsam 1 AMENDMENT TO HOUSE BILL 4999 2 AMENDMENT NO. . Amend House Bill 4999 by replacing 3 everything after the enacting clause with the following: 4 "Section 5. The Condominium Property Act is amended by 5 changing Section 18.4 as follows: 6 (765 ILCS 605/18.4) (from Ch. 30, par. 318.4) 7 Sec. 18.4. Powers and Duties of Board of Managers. The 8 board of managers shall exercise for the association all 9 powers, duties and authority vested in the association by law 10 or the condominium instruments except for such powers, duties 11 and authority reserved by law to the members of the 12 association. The powers and duties of the board of managers 13 shall include, but shall not be limited to, the following: 14 (a) To provide for the operation, care, upkeep, 15 maintenance, replacement and improvement of the common 16 elements. Nothing in this subsection (a) shall be deemed 17 to invalidate any provision in a condominium instrument 18 placing limits on expenditures for the common elements, 19 provided, that such limits shall not be applicable to 20 expenditures for repair, replacement, or restoration of 21 existing portions of the common elements. The term 22 "repair, replacement or restoration" means expenditures -2- LRB9210181LBcsam 1 to deteriorated or damaged portions of the property 2 related to the existing decorating, facilities, or 3 structural or mechanical components, interior or exterior 4 surfaces, or energy systems and equipment with the 5 functional equivalent of the original portions of such 6 areas. Replacement of the common elements may result in 7 an improvement over the original quality of such elements 8 or facilities; provided that, unless the improvement is 9 mandated by law or is an emergency as defined in item 10 (iv) of subparagraph (8) of paragraph (a) of Section 18, 11 if the improvement results in a proposed expenditure 12 exceeding 5% of the annual budget, the board of managers, 13 upon written petition by unit owners with 20% of the 14 votes of the association delivered to the board within 14 15 days after the owners receive written notification of the 16 agenda of the board proposing to approve the expenditure, 17 shall call a meeting of the unit owners within 30 days of 18 the date of delivery of the petition to consider the 19 expenditure. Unless a majority of the total votes of the 20 unit owners are cast at the meeting to reject the 21 expenditure, it is ratified. 22 (b) To prepare, adopt and distribute the annual 23 budget for the property. 24 (c) To levy and expend assessments. 25 (d) To collect assessments from unit owners. 26 (e) To provide for the employment and dismissal of 27 the personnel necessary or advisable for the maintenance 28 and operation of the common elements. 29 (f) To obtain adequate and appropriate kinds of 30 insurance. 31 (g) To own, convey, encumber, lease, and otherwise 32 deal with units conveyed to or purchased by it. 33 (h) To adopt and amend rules and regulations 34 covering the details of the operation and use of the -3- LRB9210181LBcsam 1 property, after a meeting of the unit owners called for 2 the specific purpose of discussing the proposed rules and 3 regulations. Notice of the meeting shall contain the 4 full text of the proposed rules and regulations, and the 5 meeting shall conform to the requirements of Section 6 18(b) of this Act, except that no quorum is required at 7 the meeting of the unit owners unless the declaration, 8 bylaws or other condominium instrument expressly provides 9 to the contrary. However, no rule or regulation may 10 impair any rights guaranteed by the First Amendment to 11 the Constitution of the United States or Section 4 of 12 Article I of the Illinois Constitution, nor may any rules 13 or regulations conflict with the provisions of this Act 14 or the condominium instruments. 15 (i) To keep detailed, accurate records of the 16 receipts and expenditures affecting the use and operation 17 of the property. 18 (j) To have access to each unit from time to time 19 as may be necessary for the maintenance, repair or 20 replacement of any common elements or for making 21 emergency repairs necessary to prevent damage to the 22 common elements or to other units. 23 (k) To pay real property taxes, special 24 assessments, and any other special taxes or charges of 25 the State of Illinois or of any political subdivision 26 thereof, or other lawful taxing or assessing body, which 27 are authorized by law to be assessed and levied upon the 28 real property of the condominium. 29 (l) To impose charges for late payment of a unit 30 owner's proportionate share of the common expenses, or 31 any other expenses lawfully agreed upon, and after notice 32 and an opportunity to be heard, to levy reasonable fines 33 for violation of the declaration, by-laws, and rules and 34 regulations of the association. -4- LRB9210181LBcsam 1 (m) Unless the condominium instruments expressly 2 provide to the contrary, by a majority vote of the entire 3 board of managers, to assign the right of the association 4 to future income from common expenses or other sources, 5 and to mortgage or pledge substantially all of the 6 remaining assets of the association. 7 (n) To record the dedication of a portion of the 8 common elements to a public body for use as, or in 9 connection with, a street or utility where authorized by 10 the unit owners under the provisions of Section 14.2. 11 (o) To record the granting of an easement for the 12 laying of cable television cable where authorized by the 13 unit owners under the provisions of Section 14.3; to 14 obtain, if available and determined by the board to be in 15 the best interests of the association, cable television 16 service for all of the units of the condominium on a bulk 17 identical service and equal cost per unit basis; and to 18 assess and recover the expense as a common expense and, 19 if so determined by the board, to assess each and every 20 unit on the same equal cost per unit basis. 21 (p) To seek relief on behalf of all unit owners 22 when authorized pursuant to subsection (c) of Section 10 23 from or in connection with the assessment or levying of 24 real property taxes, special assessments, and any other 25 special taxes or changes of the State of Illinois or of 26 any political subdivision thereof or of any lawful taxing 27 or assessing body. 28 (q) To reasonably accommodate the needs of a 29 handicapped unit owner as required by the federal Civil 30 Rights Act of 1968, the Human Rights Act and any 31 applicable local ordinances in the exercise of its powers 32 with respect to the use of common elements or approval of 33 modifications in an individual unit. 34 In the performance of their duties, the officers and -5- LRB9210181LBcsam 1 members of the board, whether appointed by the developer or 2 elected by the unit owners, shall exercise the care required 3 of a fiduciary of the unit owners. 4 The collection of assessments from unit owners by an 5 association, board of managers or their duly authorized 6 agents shall not be considered acts constituting a collection 7 agency for purposes of the Collection Agency Act. 8 The provisions of this Section are applicable to all 9 condominium instruments recorded under this Act. Any portion 10 of a condominium instrument which contains provisions 11 contrary to these provisions shall be void as against public 12 policy and ineffective. Any such instrument that fails to 13 contain the provisions required by this Section shall be 14 deemed to incorporate such provisions by operation of law. 15 (Source: P.A. 91-195, eff. 7-20-99.) 16 Section 99. Effective date. This Act takes effect upon 17 becoming law.".