MUNICIPAL AUTHORITY

HB 1978 - Lien on Property For Demolition
Provides that the cost to a county or municipality for the demolition, repair, or enclosure of an unsafe building is a lien on all real estate of the owner or owners of the unsafe building (now, the cost is a lien on the real estate on which the unsafe building is located). P.A. 91-561; effective 1-1-2000.

HB 2125 - County/Municipality - Approval Of Map, Plat or Subdivision
Amends the Counties Code and the Illinois Municipal Code. Provides that a county or municipality may not require a cash bond from a person who seeks approval of a map, plat, or subdivision when the person has filed a current irrevocable letter of credit, surety bond, or letter of commitment that complies with the Public Construction Bond Act. P.A. 91-328; effective 1-1-2000.

SB 51 - Governmental Unit Pay for Scavenger Purchase With Governmental Check
Amends the Property Tax Code. Provides that a governmental unit may pay for a purchase at a scavenger sale with its governmental check. P.A. 91-189; effective 1-1-2000.

SB 1026 - Public Funds Deposit
Amends the Public Funds Deposit Act. Provides that a treasurer or custodian of public funds may deposit public funds in a savings bank and may enter into an agreement with a savings bank, with a federally insured financial institution or trust company, or with any agency of the U.S. government for the deposit of securities for public funds held by banks, savings banks, and savings and loan associations. P.A. 91-211; effective 7-20-99.

SB 1170 - Municipality Acquires Abandoned Property
Amends the Property Tax Code and amends the Illinois Municipal Code. Provides that when a municipality acquires abandoned property, the rights of a holder of a certificate of purchase are limited to a sale in error. Provides that a municipality shall not proceed with demolition of a building if any person with a legal or equitable interest in the property has sought a court hearing. P.A. 91-177; effective 1-1-2000.

SB 1171 - Municipal Code - Run Down Building Lien
Provides that any person with a current legal or equitable interest in the property may file with the court an objection to a municipality's proposed action for the dangerous or abandoned building. Provides that before removing hazardous buildings, the municipality must mail to interested parties and record a notice to remediate. Provides if recorded or registered within 180 days after the repair, demolition, enclosure, or removal, the municipal lien has priority over the interests of those parties named in the notice to remediate, but not over the interests of third party purchasers or encumbrancers for value who obtained their interests in the property before obtaining actual or constructive notice of the lien. P.A. 91-542; effective 1-1-2000.