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92_SB0900enr
SB900 Enrolled 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, before January 1,
7 2003, certain real property located in Sangamon County,
8 Illinois and described as follows:
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 sale or exchange of the real property
27 described in Section 5 of this Act shall be made in full
28 compliance with the State Property Control Act, provided that
29 the net proceeds received by the Board of Trustees of
30 Southern Illinois University from the sale or exchange of the
31 real property described in Section 5 of this Act shall be
SB900 Enrolled -2- LRB9206799NTsbA
1 deposited by the Board of Trustees of Southern Illinois
2 University into the Repair and Replacement Reserve Account of
3 the Southern Illinois University Medical Facilities System
4 created by the resolution of the Board of Trustees of
5 Southern Illinois University that was adopted on October 10,
6 1996, pursuant to the Southern Illinois University Revenue
7 Bond Act.
8 Section 90. The State Property Control Act is amended by
9 changing Section 1.02 as follows:
10 (30 ILCS 605/1.02) (from Ch. 127, par. 133b3)
11 Sec. 1.02. "Property" means State owned property and
12 includes all real estate, with the exception of rights of way
13 for State water resource and highway improvements, traffic
14 signs and traffic signals, and with the exception of common
15 school property; and all tangible personal property with the
16 exception of properties specifically exempted by the
17 administrator, provided that any property originally
18 classified as real property which has been detached from its
19 structure shall be classified as personal property.
20 "Property" does not include property owned by the
21 Illinois Medical District Commission and leased or occupied
22 by others for purposes permitted under the Illinois Medical
23 District Act. "Property" also does not include property
24 owned and held by the Illinois Medical District Commission
25 for redevelopment.
26 "Property" does not include that property described under
27 Section 5 of this amendatory Act of the 92nd General Assembly
28 with respect to depositing the net proceeds from the sale or
29 exchange of the property as provided in Section 10 of this
30 amendatory Act of the 92nd General Assembly.
31 (Source: P.A. 89-356, eff. 8-17-95.)
SB900 Enrolled -3- LRB9206799NTsbA
1 Section 99. Effective date. This Act takes effect upon
2 becoming law.
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