Illinois Statutes
§ 5-1050
Illinois·Topic GOVERNMENT·Ch. 55 COUNTIES·Act 55 ILCS 5/ Counties Code.·Art. Article 5 - Powers And Duties Of County Boards
Acquisition and improvement of land for industrial or commercial purposes. For the public purposes set forth in the Illinois Finance Authority Act, a county board may (1) acquire, singly or jointly with other counties or municipalities, by gift, purchase or otherwise, but not by condemnation, land, or any interest in land, whether located within or without its county limits, and, singly or jointly, to improve or to arrange for the improvement of such land for industrial or commercial purposes and to donate and convey such land, or interest in land, so acquired and so improved to the Illinois Finance Authority; and (2) donate county funds to such Authority.
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Legislative History
(Source: P.A. 93-205, eff. 1-1-04.)
Nearby Sections
15
§ 5
§ 5§ 5-10001
License required§ 5-10002
Issuance of license§ 5-10003
Operation without license§ 5-10004
Qualifications for license§ 5-10004a
Applicant convictions§ 5-10005
Investigation of application; fee§ 5-10006
Hours of operation§ 5-10007
Revocation of license§ 5-10008
Prohibited persons§ 5-10009
Violations§ 5-1001
Corporate name of county§ 5-10010
State property§ 5-1002
Indemnity of sheriff or deputy§ 5-1002.5
§ 5-1002.5