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Illinois Statutes Chapter 55. Counties § 5/5-30021. Determination of economic hardship

Current as of January 01, 2022 | Updated by FindLaw Staff

§ 5-30021. Determination of economic hardship. The preservation commission, upon a determination after review of all evidence and information that the denial of a certificate of appropriateness has denied, or will deny the owner of a landmark or of a property within a preservation district of all reasonable use of, or return on, the property, shall undertake one or the other of the following actions:

(1) offer the owner of the property reasonable financing, tax or other incentives sufficient to allow a reasonable use of, or return on, the property:

(2) offer to purchase the property at a reasonable price or institute eminent domain proceedings pursuant to the Eminent Domain Act;  1 or

(3) issue a certificate of appropriateness for the proposed construction, alteration, demolition or removal.

1 735 ILCS 30/1-1-1 et seq.
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Cite this article: FindLaw.com - Illinois Statutes Chapter 55. Counties § 5/5-30021. Determination of economic hardship - last updated January 01, 2022 | https://codes.findlaw.com/il/chapter-55-counties/il-st-sect-55-5-5-30021/

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