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| [ Introduced ] | [ Enrolled ] | [ House Amendment 001 ] |
| [ House Amendment 002 ] |
92_SB0900eng SB900 Engrossed LRB9206799NTsbA 1 AN ACT in relation to real property. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Board of Trustees of Southern Illinois 5 University is authorized to sell or exchange for other real 6 property of substantially equal value certain real property 7 located in Sangamon County, Illinois and described as follows 8 without compliance with the State Property Control Act: 9 Part of the Southwest quarter of the Northwest quarter of 10 Section Ten (10), Township Thirteen (13) North, Range Six 11 (6), West of the Third Principal Meridian, Described as 12 follows: Beginning at a point on the North Right-of-Way 13 line of S.B.I. Route 104, said point being 102 feet 14 westerly from the Southwest corner of Lot Thirteen (13) 15 of Western Acres, Plat One, thence North 177.58 feet to 16 the Southeast corner of Lot Seventeen (17) in said 17 Western Acres, Plat One; thence deflecting Left 90 18 Degrees, 27 Minutes measure 38.0 feet (38.5 feet 19 recorded) to the Southwest Corner of said Lot Seventeen 20 (17); thence deflecting Right 7 Degrees, 05 Minutes 21 measure 200 feet; thence deflecting Left 106 Degrees 46 22 Minutes measure 269.92 feet to a point on the North 23 Right-of-Way line of S.B.I. Route 104; thence easterly 24 along said North Right-of-Way line, measure a chord 25 distance of 200 feet to the point of beginning. 26 Section 10. The net proceeds received by the Board of 27 Trustees of Southern Illinois University from the sale or 28 exchange of the real property described in Section 5 of this 29 Act shall be deposited by the Board of Trustees of Southern 30 Illinois University into the Repair and Replacement Reserve 31 Account of the Southern Illinois University Medical SB900 Engrossed -2- LRB9206799NTsbA 1 Facilities System created by the resolution of the Board of 2 Trustees of Southern Illinois University that was adopted on 3 October 10, 1996, pursuant to the Southern Illinois 4 University Revenue Bond Act. 5 Section 90. The State Property Control Act is amended by 6 changing Section 1.02 as follows: 7 (30 ILCS 605/1.02) (from Ch. 127, par. 133b3) 8 Sec. 1.02. "Property" means State owned property and 9 includes all real estate, with the exception of rights of way 10 for State water resource and highway improvements, traffic 11 signs and traffic signals, and with the exception of common 12 school property; and all tangible personal property with the 13 exception of properties specifically exempted by the 14 administrator, provided that any property originally 15 classified as real property which has been detached from its 16 structure shall be classified as personal property. 17 "Property" does not include property owned by the 18 Illinois Medical District Commission and leased or occupied 19 by others for purposes permitted under the Illinois Medical 20 District Act. "Property" also does not include property 21 owned and held by the Illinois Medical District Commission 22 for redevelopment. 23 "Property" does not include that property described under 24 Section 5 of this amendatory Act of the 92nd General 25 Assembly. 26 (Source: P.A. 89-356, eff. 8-17-95.) 27 Section 99. Effective date. This Act takes effect upon 28 becoming law.