|
|
|
|
SB1451 Engrossed |
|
LRB096 10765 RLJ 20958 b |
|
|
| 1 |
| AN ACT concerning local government.
|
| 2 |
| Be it enacted by the People of the State of Illinois,
|
| 3 |
| represented in the General Assembly:
|
| 4 |
| Section 5. The Counties Code is amended by adding Section |
| 5 |
| 5-1131 as follows:
|
| 6 |
| (55 ILCS 5/5-1131 new) |
| 7 |
| Sec. 5-1131. Sale and lease of real property. The county |
| 8 |
| board of any county with more than 500,000 residents shall have |
| 9 |
| the power to use county funds to sell, lease, or exchange |
| 10 |
| property held by the county, including but not limited to a |
| 11 |
| partial interest in property, and to sell, lease, or exchange |
| 12 |
| property at less than fair market value, to achieve any housing |
| 13 |
| need of the county and to benefit the residents of the county.
|