Chapter 65, MUNICIPALITIES

(65 ILCS 5/11-74.5-10) (from Ch. 24, par. 11-74.5-10) Sec. 11-74.5-10. Neither the members of the corporate authorities of a municipality, nor any official or employee thereof, nor any person executing bonds issued under this Division shall be liable personally for payment of the…

(65 ILCS 5/11-74.5-11) (from Ch. 24, par. 11-74.5-11) Sec. 11-74.5-11. One or more municipalities (whether or not any of them are home rule units) may join together or cooperate with one another in the exercise, either jointly or otherwise, of any one or more of the powers confer…

(65 ILCS 5/11-74.5-12) (from Ch. 24, par. 11-74.5-12) Sec. 11-74.5-12. Notwithstanding any other provision of law, bonds issued pursuant to this Division shall be legal investments for all trust funds, insurance companies, savings and loan associations, investment companies and b…

(65 ILCS 5/11-74.5-13) (from Ch. 24, par. 11-74.5-13) Sec. 11-74.5-13. Notwithstanding the provisions of any other Act, a member of the corporate authorities, or an officer or employee of the municipality, may be an officer, employee or stockholder of a lending institution or len…

(65 ILCS 5/11-74.5-14) (from Ch. 24, par. 11-74.5-14) Sec. 11-74.5-14. The powers conferred by this Division are in addition and supplemental to, and the limitations imposed by this Division shall not affect, the powers conferred upon municipalities by any other law. This Divisio…

(65 ILCS 5/11-74.5-15) (from Ch. 24, par. 11-74.5-15) Sec. 11-74.5-15. This Act is necessary for the health, welfare and safety of the State, its municipalities and its inhabitants; therefore, it shall be liberally construed to effect its purposes. (Source: P.A. 81-580.)

(65 ILCS 5/11-74.5-2) (from Ch. 24, par. 11-74.5-2) Sec. 11-74.5-2. Whenever used in this Division: (a) "Appraised value" means the fair market value of a home determined in accordance with generally accepted procedures and standards applicable to the appraisal of real property. …

(65 ILCS 5/11-74.5-3) (from Ch. 24, par. 11-74.5-3) Sec. 11-74.5-3. In addition to powers which a municipality may now have, municipalities have the following powers: (a) To acquire, and to contract and enter into advance commitments to acquire, directly or indirectly, home mortg…

(65 ILCS 5/11-74.5-5) (from Ch. 24, par. 11-74.5-5) Sec. 11-74.5-5. The exercise of any or all powers granted by this Division shall be authorized and the bonds shall be authorized to be issued under this Division for the purposes set forth in this Act, by an ordinance adopted by…

(65 ILCS 5/11-74.5-6) (from Ch. 24, par. 11-74.5-6) Sec. 11-74.5-6. Any ordinance authorizing the issuance of the bonds under this Division may contain covenants regarding (a) the use and disposition of the revenues and receipts from any home mortgage loans for which the bonds ar…

(65 ILCS 5/11-74.5-7) (from Ch. 24, par. 11-74.5-7) Sec. 11-74.5-7. The bonds shall bear the manual or facsimile signatures of such officers of a municipality as may be designated in the ordinance authorizing such bonds and such signatures shall constitute the valid and binding s…

(65 ILCS 5/11-74.5-8) (from Ch. 24, par. 11-74.5-8) Sec. 11-74.5-8. Any pledge made to secure bonds shall be valid and binding from the time when the pledge is made. The revenues and receipts or property or interests in property pledged and thereafter received by a municipality o…

(65 ILCS 5/11-74.5-9) (from Ch. 24, par. 11-74.5-9) Sec. 11-74.5-9. All bonds issued under this Division shall be limited obligations of the municipality issuing the same, payable solely from the (i) bond proceeds, (ii) revenues and receipts derived from the home mortgage loans o…

(65 ILCS 5/11-74.6-1) Sec. 11-74.6-1. Short Title. This Division 74.6 may be cited as the Industrial Jobs Recovery Law. (Source: P.A. 88-537.)

(65 ILCS 5/11-74.6-10) Sec. 11-74.6-10. Definitions. (a) "Environmentally contaminated area" means any improved or vacant area within the boundaries of a redevelopment project area located within the corporate limits of a municipality when, (i) there has been a determination of r…

(65 ILCS 5/11-74.6-15) Sec. 11-74.6-15. Municipal Powers and Duties. A municipality may: (a) By ordinance introduced in the governing body of the municipality within 14 to 90 days from the final adjournment of the hearing specified in Section 11-74.6-22, approve redevelopment pla…

(65 ILCS 5/11-74.6-18) Sec. 11-74.6-18. If any member of the corporate authority, a member of a commission established under subsection (l) of Section 11-74.6-15, or an employee or consultant of the municipality involved in the planning, analysis, preparation or administration of…

(65 ILCS 5/11-74.6-20) Sec. 11-74.6-20. If a municipality or a commission designated pursuant to subsection (l) of Section 11-74.6-15 adopts an ordinance or resolution providing for a feasibility study on the designation of an area as a redevelopment project area, a copy of the o…

(65 ILCS 5/11-74.6-22) Sec. 11-74.6-22. Adoption of ordinance; requirements; changes. (a) Before adoption of an ordinance proposing the designation of a redevelopment planning area or a redevelopment project area, or both, or approving a redevelopment plan or redevelopment projec…

(65 ILCS 5/11-74.6-25) Sec. 11-74.6-25. Notice of public hearing. (a) Except as provided in this Section, notice of the public hearing shall be given by publication and mailing. Notice by publication shall be given by publication at least twice, the first publication to be not mo…

(65 ILCS 5/11-74.6-30) Sec. 11-74.6-30. Financing. Obligations secured by the special tax allocation fund set forth in Section 11-74.6-35 for the redevelopment project area may be issued to provide for redevelopment project costs. Those obligations, when so issued, shall be retir…

(65 ILCS 5/11-74.6-35) Sec. 11-74.6-35. Ordinance for tax increment allocation financing. (a) A municipality, at the time a redevelopment project area is designated, may adopt tax increment allocation financing by passing an ordinance providing that the ad valorem taxes, if any, …

(65 ILCS 5/11-74.6-37) Sec. 11-74.6-37. Cancellation and repayment of tax benefits. Any tax abatement or benefit granted by a taxing district under an agreement entered into under this Act to a private individual or entity for the purpose of originating, locating, maintaining, re…

(65 ILCS 5/11-74.6-40) Sec. 11-74.6-40. Equalized assessed value determination; property tax extension. (a) If a municipality by ordinance provides for tax increment allocation financing under Section 11-74.6-35, the county clerk immediately thereafter: (1) shall determine the in…

(65 ILCS 5/11-74.6-45) Sec. 11-74.6-45. Expenditure of certain revenues. (a) Revenues received by the municipality from any property, building or facility owned, leased or operated by the municipality or any agency or authority established by the municipality may be used to pay r…

(65 ILCS 5/11-74.6-5) Sec. 11-74.6-5. Findings and Declarations. (a) It is hereby found and declared that the communities of the State have lost over 300,000 manufacturing jobs over the last decade and that these losses have resulted in persistent high levels of unemployment and …

(65 ILCS 5/11-74.6-50) Sec. 11-74.6-50. Report; sunset of authority. On or before the date which is 60 months following the date on which this amendatory Act of 1994 becomes law, the Department shall submit to the General Assembly a report detailing the number of redevelopment pr…

(65 ILCS 5/11-75-1) (from Ch. 24, par. 11-75-1) Sec. 11-75-1. Every municipality has the power to lease the space above and around buildings located on land owned or otherwise held by the municipality to any person for any term not exceeding 99 years. Every municipality has the p…

(65 ILCS 5/11-75-2) (from Ch. 24, par. 11-75-2) Sec. 11-75-2. The lease provided for in Section 11-75-1 by its terms shall specify the purpose for which the leased space may be used. If the purpose is to erect in the space a building above or around a building owned by the munici…

(65 ILCS 5/11-75-3) (from Ch. 24, par. 11-75-3) Sec. 11-75-3. Any building erected in the space leased, by exercise of the power granted by Section 11-75-1, which is above or around buildings located on land owned or otherwise held by the municipality shall be operated, as far as…

(65 ILCS 5/11-75-4) (from Ch. 24, par. 11-75-4) Sec. 11-75-4. Such lease shall be signed in the name of the municipality by the mayor or president and shall be attested by the municipal clerk under the corporate seal. The lease shall also be executed by the lessee in such manner …

(65 ILCS 5/11-75-5) (from Ch. 24, par. 11-75-5) Sec. 11-75-5. If, in the judgment of the corporate authorities, the public interest requires that any building erected in the leased space be removed so that a street, alley, or public place may be restored to its original condition…

(65 ILCS 5/11-76-1) (from Ch. 24, par. 11-76-1) Sec. 11-76-1. Any city or village incorporated under any general or special law which acquires or holds any real estate for any purpose whatsoever, except real estate granted to a municipality as commons by a grant which has been co…

(65 ILCS 5/11-76-2) (from Ch. 24, par. 11-76-2) Sec. 11-76-2. An ordinance directing a sale, or a lease of real estate for any term in excess of 20 years, shall specify the location of the real estate, the use thereof, and such conditions with respect to further use of the real e…

(65 ILCS 5/11-76-3) (from Ch. 24, par. 11-76-3) Sec. 11-76-3. When the ordinance has been adopted and the consideration paid or secured, as provided in Section 11-76-2, the mayor, or president, and the municipal clerk, may convey the real estate and transfer it, by proper deed of…

(65 ILCS 5/11-76-4) (from Ch. 24, par. 11-76-4) Sec. 11-76-4. Whenever a city or village incorporated under any general or special law, other than a city or village of 500,000 or more population, owns any personal property which in the opinion of a simple majority of the corporat…

(65 ILCS 5/11-76-4.1) (from Ch. 24, par. 11-76-4.1) Sec. 11-76-4.1. Sale of surplus real estate. The corporate authorities of a municipality by resolution may authorize the sale or public auction of surplus public real estate. The value of the real estate shall be determined by a…

(65 ILCS 5/11-76-4.2) (from Ch. 24, par. 11-76-4.2) Sec. 11-76-4.2. Surplus property; alternative method of sale. (a) This Section applies to any municipality with a population of less than 20,000 which is situated wholly or partially within a county that has an unemployment rate…

(65 ILCS 5/11-76-5) (from Ch. 24, par. 11-76-5) Sec. 11-76-5. If, in the opinion of the corporate authorities of a municipality with a population not exceeding 100,000 which is situated upon the banks of a navigable river, the land owned by the municipality for the purpose of a p…

(65 ILCS 5/11-76-6) (from Ch. 24, par. 11-76-6) Sec. 11-76-6. The corporate authorities of each municipality may enter into a lease for a period of not to exceed 5 years for such equipment and machinery as may be required for corporate purposes when authorized by the affirmative …

(65 ILCS 5/11-76.1-1) (from Ch. 24, par. 11-76.1-1) Sec. 11-76.1-1. The corporate authorities of each municipality having a population of less than 500,000 inhabitants have the power by ordinance adopted by an affirmative vote of two-thirds of the elected corporate authorities th…

(65 ILCS 5/11-76.1-2) (from Ch. 24, par. 11-76.1-2) Sec. 11-76.1-2. Whenever and as often as a municipality enters into a lease or purchase agreement, the governing body of such municipality shall provide by ordinance for the levy and collection of a direct annual tax sufficient …

(65 ILCS 5/11-76.1-3) (from Ch. 24, par. 11-76.1-3) Sec. 11-76.1-3. After the ordinance providing for the lease or purchase of real or personal property has been passed, it shall be published at least twice within 30 days after its passage in one or more newspapers published in t…

(65 ILCS 5/11-76.1-4) (from Ch. 24, par. 11-76.1-4) Sec. 11-76.1-4. Whenever a petition signed by the electors of any specified municipality equal in number to 10% or more of the total number of registered voters in the municipality, is filed with the municipal clerk of any such …

(65 ILCS 5/11-76.2-1) (from Ch. 24, par. 11-76.2-1) Sec. 11-76.2-1. A public hearing on a proposal to exchange real estate shall be held, pursuant to a 3/4 vote of the members of the corporate authorities of a municipality then holding office. No exchange of real estate shall be …

(65 ILCS 5/11-76.2-2) (from Ch. 24, par. 11-76.2-2) Sec. 11-76.2-2. Upon action being duly adopted pursuant to Section 11-76.2-1 above, a public hearing shall be held by the corporate authorities at a time and place to be designated by them upon such proposal, pursuant to notice …

(65 ILCS 5/11-76.2-3) (from Ch. 24, par. 11-76.2-3) Sec. 11-76.2-3. After the conclusion of said public hearing, the corporate authorities of the municipality may by a 3/4 vote of the corporate authorities then holding office authorize the exchange as proposed, or as modified as …

(65 ILCS 5/11-76.2-4) (from Ch. 24, par. 11-76.2-4) Sec. 11-76.2-4. When the ordinance has been adopted, an exchange agreement entered into and consideration secured, as provided under such authorized exchange, the mayor or president, and the municipal clerk, may convey the real …

(65 ILCS 5/11-77-1) (from Ch. 24, par. 11-77-1) Sec. 11-77-1. The corporate authorities in every municipality, incorporated under any law of this state, have the power, by ordinance: (1) To convey, grant, transfer, or sell to the United States of America, or to any proper agency …

(65 ILCS 5/11-77-2) (from Ch. 24, par. 11-77-2) Sec. 11-77-2. The corporate authorities of each municipality may donate, sell, lease, or convey any land heretofore acquired to the State or any agency thereof, to be used as a site for an armory for the National Guard or Naval Mili…