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Illinois Municipal Code Changes

The Illinois Municipal Code was amended which respect to the approval of maps, plats or subdivisions, specifying that if the county or a municipality such as Morton demands a bond or other security from a developer when seeking approval of a map, plat, or subdivision, the developer can file an irrevocable letter of credit, surety bond, or letter of commitment issued by a bank or insurance company and then the county or municipality cannot require a cash bond. If a developer already is providing a letter of credit, bond, or letter of commitment, but this change simply means that no other bond for the city will have to be provided.

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  • Awarded The 2007 Peoria Journal Star Reader's Choice Award For Attorneys
  • Morton Chamber Of Commerce 2012 Member
Our Locations:

101 N.E. Randolph Avenue
Peoria, IL 61606
Phone: 309.265.0812
Fax: 309.673.8759
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100 N. Main Street
Morton, IL 61550
Phone: 309.938.4296
Fax: 309.266.8759
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