2005 Illinois Code - Chapter 110 Higher Education 110 ILCS 325/ University of Illinois at Chicago Land Transfer Act.
(110 ILCS 325/0.01) (from Ch. 144, par. 70.01)
Sec. 0.01.
Short title.
This Act may be cited as the
University of Illinois at Chicago Land Transfer Act.
(Source: P.A. 86‑1324.)
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(110 ILCS 325/1) (from Ch. 144, par. 70.1)
Sec. 1.
The Commissioners of the Chicago Park District are authorized and
empowered to convey, sell, donate, lease or rent, from time to time, all or
part of any park or park property, including improvements located thereon,
to The Board of Trustees of the University of Illinois, to be used,
developed, maintained and operated by the Trustees as an institution of
higher education. The Commissioners and The Board of Trustees of the
University of Illinois may enter into such contracts and agreements
respecting the consideration to be paid for such transfer or transfers, and
other conditions, as may be mutually agreed upon, and the Park
Commissioners may execute and deliver such instruments of conveyance, lease
or gift as may be necessary to transfer title, or, in the event of a lease,
to transfer rights of possession to The Board of Trustees of the University
of Illinois. Any instrument of conveyance, sale, gift or lease executed
pursuant to the power herein granted shall be signed by the President and
attested by the Secretary of the Chicago Park District, with its corporate
seal.
(Source: Laws 1959, p. 2094.)
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(110 ILCS 325/2) (from Ch. 144, par. 70.2)
Sec. 2.
If the property transferred under Section 1 is held by the
Chicago Park District, subject to or limited by any limitation or
restriction, The Board of Trustees of the University of Illinois, after its
acquisition, may remove such limitation or restriction through purchase,
agreement or condemnation. Condemnation proceedings shall be brought and
maintained by The Board of Trustees of the University of Illinois and shall
conform, as nearly as may be, with the procedure provided for the exercise
of the right of eminent domain under Article
VII of the Code of Civil Procedure, as the
same is now or may subsequently be amended.
(Source: P.A. 82‑783.)
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(110 ILCS 325/3) (from Ch. 144, par. 70.3)
Sec. 3.
The Board of Trustees of the University, in its discretion, may
permit the temporary public use of such portion or portions of the property
acquired under this Act as is not being currently utilized for University
purposes.
(Source: Laws 1959, p. 2094.)
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(110 ILCS 325/4) (from Ch. 144, par. 70.4)
Sec. 4.
Upon the acquisition of property under this Act, The Board of
Trustees of the University of Illinois shall exercise all powers of
governance, use, maintenance and control as are vested in it by other
laws of this State pertaining to other property of the University of
Illinois.
(Source: Laws 1959, p. 2094.)
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