Illinois Administrative Code
Title 44 - GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
Part 5000 - ACQUISITION, MANAGEMENT AND DISPOSAL OF REAL PROPERTY
Subpart G - SURPLUS REAL PROPERTY
Section 5000.840 - Non-State Interim Use

Universal Citation: 44 IL Admin Code ยง 5000.840

Current through Register Vol. 48, No. 38, September 20, 2024

a) The Director of DCMS may lease or permit the use of surplus real property to the public. Such lease or permit shall be for the period between the declaration of surplus and transfer or disposal. The lease or permit shall be for monetary consideration equal to the fair market value, unless clear advantage to the State is shown for some other arrangement.

b) If attempts at sale fail, the Director may lease or permit the use of the property for a period of time not to exceed one year. Any such use shall be appropriate to the property and shall not diminish the value of the property. The lease or permit shall be for monetary consideration equal to fair market value.

Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.