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Illinois General Assembly - Illinois Compiled Statutes Page 5 of 6 <br /> shall not vote on the proposed award. A member <br /> abstaining from participation in deliberations and <br /> voting under this Section may be considered present, <br /> for purposes of establishing a quorum. Award of the <br /> contract shall require approval by a majority votes <br /> of those members presently holding office.), <br /> Consideration and award of a contract in which a <br /> member is interested may only be made at a regularly <br /> scheduled public meeting of the governing body of <br /> the municipality. <br /> (f) Notwithstanding any other provision of this <br /> Section or any other law to the contrary, until,, <br /> January 1, 1994, a member of the city council of a! <br /> municipality with a population under 20, 000 may <br /> purchase real estate from the municipality, at a <br /> price of not less than 1000 of the value of the real <br /> estate as determined by a written MAI certified <br /> appraisal or by a written certified appraisal of a <br /> State certified or licensed real estate appraiser, <br /> if the purchase is approved by a unanimous vote of <br /> the city council members then holding office (except <br /> for the member desiring to purchase the real estate, <br /> who shall not vote on the question) . <br /> (g) Under either of the following circumstances, <br /> a municipal officer may hold a position on the board,, <br /> of a not-for-profit corporation that is interested) <br /> in a contract, work, or business of the <br /> municipality: <br /> (1) If the municipal officer is appointed by <br /> the <br /> governing body of the municipality to represent <br /> the interests of the municipality on a not-for- <br /> profit corporation' s board, then the municipal <br /> officer may actively vote on matters involving <br /> either that board or the municipality, at any <br /> time, so long as the membership on the not-for- <br /> profit board is not a paid position, except that <br /> the municipal officer may be reimbursed by the <br /> not-for-profit board for expenses incurred as <br /> the result of membership on the not-for-profit, <br /> board. <br /> (2) If the municipal officer is not <br /> appointed to the <br /> governing body of a not-for-profit corporation; <br /> by the governing body of the municipality, then <br /> the municipal officer may continue to serve; <br /> however, the municipal officer shall abstain' <br /> from voting on any proposition before the' <br /> municipal governing body directly involving the) <br /> http://www.ilga.gov/legislation/ilcs/fulltext.asp?DocName=00650005OK3.1... 3/10/2015 <br />