95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4633


 
Introduced , by Rep. Brandon W. Phelps
 
SYNOPSIS AS INTRODUCED:
 		





    Authorizes the Department of Natural Resources to convey certain property  in Johnson County to WLA Gambit IL, LP for an amount to be determined by 3 independent certified real estate appraisers. Effective immediately.
















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FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB4633

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    AN ACT concerning real property.

 
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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. Upon payment to the Department of Natural 
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Resources of the sum equal to the appraised fair market value 
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determined in accordance with Section 10, the Director of such 
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Department, on behalf of the State of Illinois, is authorized 
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to execute and deliver to WLA Gambit IL, LP, its successors and 
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assigns, a quit claim deed to the following described real 
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property, provided the grantee pays the appraisal, land survey, 
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title and closing costs, to wit:
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    All that part of the following described tracts or parcels 
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in Johnson County, Illinois, which lie northerly of the 
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northerly right-of-way line of Interstate Route 24, to wit:
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        1. All that part of the Southwest Quarter of Section 
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    11, Township 13 South, Range 3 East of the Third Principal 
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    Meridian transferred to the Department of Conservation by 
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    Document recorded in the Recorder's Office of Johnson 
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    County, Illinois in Warranty Deed Book 154 at Page 75; and
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        2. All that part of the South Half of the Northwest 
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    Quarter of Section 11, Township 13 South, Range 3 East of 
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    the Third Principal Meridian conveyed to the Department of 
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    Conservation by Warranty Deed recorded in the Recorder's 
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    Office of Johnson County, Illinois in Warranty Deed Book 
 


 






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    117 at Page 341; a more accurate description to be prepared 
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    from a Land Survey made by an Illinois Professional Land 
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    Surveyor in accordance with the current Illinois minimum 
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    standards for a boundary survey, the selection of such 
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    Surveyor being subject to approval by the Department of 
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    Natural Resources.
 
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    Section 10. The appraised fair market value of the real 
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property described in Section 5 shall be determined by 3 
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independent State certified general real estate appraisers 
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whose appraisal reports shall be subject to review and 
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certification by the Department of Natural Resources. The legal 
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description of such real property shall be subject to review 
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and approval by the Department of Natural Resources.
 
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    Section 15. The payment for the appraisal, land survey, 
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title and  closing costs, and the amount of the appraised fair 
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market value of the real property to the Department of Natural 
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Resources, as provided in Section 5, shall be made through the 
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Illinois Conservation Foundation, with the funds being 
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earmarked for future land acquisition in IDNR Region 5.
 
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    Section 20.  The Director of Natural Resources shall obtain 
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a certified copy of this Act within 60 days after its effective 
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date and, upon receipt of payment required by Section 5, shall 
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record the certified document in the recorder's office in the 
 


 






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county in which the real property is located.
 

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    Section 99. Effective date. This Act takes effect upon 
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becoming law.