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This entry was published on 2014-09-22
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Resale of lands
Public Lands (PBL) CHAPTER 46, ARTICLE 3
§ 37-a. Resale of lands. The commissioner of general services,
whenever he resells any such lot, shall include in the amount for which
such lot is offered for sale, the sum unpaid at the time of such sale
for principal and interest on the purchase-moneys thereof, the amount
due on the books in the comptroller's office for taxes and the interest
and charges thereon and the costs of such sale. If the total amount of
such charges be not bid therefor, he shall purchase the same for the
state at such amount. If on any such sale, the commissioner becomes the
purchaser in behalf of the state, in case such lands are not within the
forest preserve, the commissioner shall direct, whether the land
purchased be offered for sale by him at the price for which it was
purchased, or a new appraisement made thereof under his direction. He
may sell such lots to any person applying to purchase the same, for the
amount at which the same was purchased for the state, on the like terms
and conditions as he is authorized to sell the unappropriated state
lands. If the commissioner directs a new appraisal of such lands, the
commissioner may sell the same as prescribed in this section for the
prices at which the lots are respectively appraised.