Illinois Compiled Statutes 315 Urban Problems: Article -

• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 1
  Title of Act. This Act may be cited as the Neighborhood Redevelopment Corporation Law. (Source: P.A. 86-1475.)
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 2
  Necessity and purpose of act and declaration of public policy and public use. There exist in certain urban areas of the State these degenerative...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3
  Whenever used or referred to in this Act, the terms defined in the Sections following this Section and preceding Section 4, inclusive, have the meanings...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-1
  "Development" means specific work repair or improvement to put into effect a Development Plan. The term includes the Real Property, buildings and improvements owned,...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-2
  "Development Area" means that portion of a Slum and Blight or Conservation Area to which a Development Plan is applicable and for the Redevelopment...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-3
  "Development Cost" means the amount determined, either prospectively or otherwise, by the Redevelopment Commission to be the actual cost of the Development and includes,...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-4
  "Development Plan" means a plan for the Redevelopment of all or any part of a Slum and Blight or Conservation Area, which plan may...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-5
  "Mortgage" means a mortgage, trust indenture, deed of trust or other instrument creating a lien on Real Property, and the indebtedness secured thereby. (Source:...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-6
  "Neighborhood Redevelopment Corporation" means a corporation organized pursuant to the provisions of this Act. (Source: Laws 1947, p. 685.)
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-7
  "Plan Commission" means the plan commission of any city, village or incorporated town as authorized by Division 12 of Article 11 of the Illinois...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-8
  "Real Property" means lands, lands under water, structures, and any and all easements, franchises and incorporeal hereditaments and estates, and rights therein, legal and...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-9
  "Redevelopment" means the eradication, rehabilitation, repair and rebuilding of all or any part of the structures within a Slum and Blight or Conservation Area,...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-10
  "Redevelopment Commission" means the commission created and established pursuant to the provisions of Section 4 of this Act. (Source: Laws 1947, p. 685.)
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-11
  "Slum and Blight Areas" means those urban districts in which the major portion of the housing is detrimental to the health, safety, morality or welfare...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 3-12
  "Conservation Area" shall mean an area in which the structures in fifty per cent or more of the area are residential having an average...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 4
  Creation and establishment of redevelopment commissions. (a) Any city, village or incorporated town shall have the power to provide for the creation of a Redevelopment...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 4.1
  Purchases made pursuant to this Act shall be made in compliance with the "Local Government Prompt Payment Act", approved by the Eighty-fourth General Assembly....
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 5
  Rules and regulations, seal and authentication of records, etc. Consistent with the provisions of this Act, the Redevelopment Commission may adopt such rules and...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 6
  Neighborhood redevelopment corporations authorized-Supervision by redevelopment commission. Neighborhood Redevelopment Corporations may be organized in the manner provided by this Act to acquire Real Property,...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 7
  Statement of incorporation. Whenever three or more adult persons, citizens of the United States of America, at least two of whom shall be citizens...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 8
  Filing-Issuance of articles of incorporation. Duplicate originals of the statement prescribed by Section 7 of this Act shall be filed in the office of the...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 9
  Powers of neighborhood redevelopment corporations. Every corporation organized under this Act shall, subject to the conditions and limitations prescribed by this Act, have the following...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 9.5
  Eminent domain. Notwithstanding any other provision of this Law, any power granted under this Law to acquire property by condemnation or eminent domain is subject...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 10
  Acts prohibited). No Neighborhood Redevelopment Corporation shall: (1) Acquire title to any Real Property, or any interest therein except by way of unexercised option,...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 11
  Name. The name of every Neighborhood Redevelopment Corporation organized pursuant to the provisions of this Act shall include the words "Neighborhood" and "Redevelopment," and...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 12
  Certificates of compliance. Unless it shall be accompanied by the certificate of the Redevelopment Commission, none of the following documents shall be filed by...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 13
  Dissolution. No statement of intent to dissolve a Neighborhood Redevelopment Corporation, whether by voluntary consent of the shareholders or by voluntary action of the...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 14
  Fees, franchise taxes and charges to be collected by Secretary of State. Neighborhood Redevelopment Corporations shall incur the same fees for filing documents and...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 15
  Taxation of Neighborhood Redevelopment Corporations. Except as provided in Section 15-5, Neighborhood Redevelopment Corporations organized under this Act, notwithstanding their function in the Redevelopment of...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 15-5
  Property tax abatement; limitation. (a) Once the requirements of this Section have been complied with, except as otherwise provided in this Section, the general real...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 16
  Application of the "Business Corporation Act of 1983". Neighborhood Redevelopment Corporations organized under this Act shall be subject to the provisions of the "Business...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 17
  Acquisition of property and construction subject to approval - Application for and issuance of certificates of convenience and necessity). No Neighborhood Redevelopment Corporation shall acquire...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 18
  Public hearing upon development plan-Issuance or denial of certificate of convenience and necessity. (1) The Redevelopment Commission, after receipt of an application by a...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 20
  Extension of time for initiation and completion of development. Upon application in writing filed by a Neighborhood Redevelopment Corporation with the Redevelopment Commission for...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 21
  Statement of development area-Filing with Secretary of State. (1) Not earlier than forty days and not later than sixty days from the date of...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 22
  Preference in issuance of certificates of convenience and necessity. The Redevelopment Commission, in its issuance of certificates of convenience and necessity pursuant to Section...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 23
  Amendments to development plans. At any time prior to the Redevelopment of the Development Area, the Redevelopment Commission may approve an amendment to a...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 24
  Limitation of development area. Neighborhood Redevelopment Corporations subject to the supervision of the Redevelopment Commission of cities, villages or incorporated towns having a population...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 25
  Duties of Redevelopment Commission. In addition to the duties elsewhere in this Act provided for it, the Redevelopment Commission shall be charged with the...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 26
  Termination of control. (1) Anything in this Act to the contrary notwithstanding, the supervision and regulation of any parcel of the Development Area by...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 27
  Investigations, inquiries and hearings. In the discharge of its functions and duties set forth in this Act, the Redevelopment Commission shall have general supervision...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 28
  Testimony-Immunity. No person shall be excused from testifying or from producing any papers, books, accounts or documents in any investigation or inquiry or upon...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 29
  Subpoenas - Service - Fees - Deposit - Production of books and papers - Compelling attendance or production - Deposition.) All subpoenas issued under...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 30.01
  All final administrative decisions of the Redevelopment Commission hereunder shall be subject to judicial review pursuant to the provisions of the Administrative Review Law,...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 32
  City attorney to represent Redevelopment Commission on appeals. It shall be the duty of the attorney for the city, village or incorporated town, and...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 33
  Suspension of order of Redevelopment Commission pending judicial review or appeal.) (1) The pendency of a judicial review or appeal, taken from an order...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 34
  Mandamus or injunction by a Redevelopment Commission against neighborhood redevelopment corporations. Whenever in the judgment of the Redevelopment Commission a Neighborhood Redevelopment Corporation fails...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 35
  Review of orders in mandamus or injunction.) Appeals from final orders of the circuit court in an action brought pursuant to Section 34 of...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 36
  Use of land to conform to zoning ordinances, etc. Nothing in this Act shall be construed to alter the provisions of the statutes of...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 37
  Determination of development cost. (1) The Redevelopment Commission shall upon the issuance of a certificate of convenience and necessity pursuant to Section 18 of...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 38
  Supervision of issuance of stock and mortgages. The power of Neighborhood Redevelopment Corporations to issue shares of stock and Mortgages is a special privilege...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 39
  Limitation upon issuance of stock and mortgages. (1) A Neighborhood Redevelopment Corporation may issue shares and certificates of shares, both common and preferred, and...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 40
  Stocks and mortgages unlawfully issued. All shares and certificates of shares and all Mortgages of a Neighborhood Redevelopment Corporation issued without an order of...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 41
  Who may invest in mortgages of neighborhood redevelopment corporations. The State and all counties, cities, villages, incorporated towns and other municipal corporations, political subdivisions...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 42
  Proceedings to condemn real property. (1) Before a condemnation proceeding may be instituted by a Neighborhood Redevelopment Corporation, such Neighborhood Redevelopment Corporation shall present to...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 43
  Fees of Redevelopment Commission for examinations, hearings, supervisions and inspections. (1) The Redevelopment Commission shall charge and collect the following fees: (a) For copies...
• Illinois Neighborhood Redevelopment Corporation Law. - 315 ILCS 20, Section 44
  Partial invalidity. If any clause, sentence, paragraph, section or part of this Act shall be adjudged by any court of competent jurisdiction to be...

Last modified: February 18, 2015