Illinois Statutes
§ 5-14008 — Powers of commission; real property
Illinois·Topic GOVERNMENT·Ch. 55 COUNTIES·Act 55 ILCS 5/ Counties Code.·Art. Article 5 - Powers And Duties Of County Boards
The regional planning commission may acquire, by purchase, gift, or legacy, and hold real property for the purposes of the regional planning commission, and may sell and convey that property. The value of the real property shall be determined by an appraisal performed by an appraiser licensed under the Real Estate Appraiser Licensing Act of 2002 and who is certified to appraise the type or types of property to be valued. The appraisal report of the appraiser shall be available for public inspection. The regional planning commission may purchase the real property under contracts providing for payment in installments over a period of time of not more than 20 years and may finance the purchase of the real property under finance contracts providing for payment in installments over a period of
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Illinois § 5-14008 (Powers of commission; real property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 103-750, eff. 1-1-25 .)
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