(30 ILCS 420/3) (from Ch. 127, par. 753)
Sec. 3.
The State of Illinois is authorized to issue, sell and provide
for the retirement of general obligation bonds of the State of Illinois
in the amount of $1,737,000,000 hereinafter called
the "Bonds", for the specific purpose of providing funds for the
acquisition, development, construction, reconstruction, improvement,
financing, architectural planning and installation of capital facilities
consisting of buildings, structures, and durable equipment
and for the acquisition and improvement
of real property and interests in real property required, or expected to
be required, in connection therewith and for the acquisition, protection
and development of natural resources,
including water related resources, within the State of Illinois for open
spaces, water resource management, recreational and conservation purposes,
all within the State of Illinois.
The Bonds shall be used in the following specific manner:
(a) $636,697,287 for the acquisition, development,
construction, reconstruction,
improvement, financing, architectural planning and installation of capital
facilities consisting of buildings, structures,
durable equipment and land for educational purposes by State universities
and colleges, the Illinois Community College Board created by "An Act in
relation to the
establishment, operation and maintenance of public community colleges",
approved July 15, 1965, as amended and by the School Building
Commission created by "An Act to provide for the acquisition, construction, rental,
and disposition of buildings used for school purposes", approved June 21,
1957, as amended, or its successor, all within the State of Illinois, and
for grants to public community colleges as authorized by Section 5-11 of
the Public Community College Act; and for the acquisition, development,
construction, reconstruction rehabilitation, improvement, architectural
planning and installation of capital facilities consisting of durable movable
equipment, including antennas and structures necessarily relating thereto,
for the Board of Governors of State Colleges and Universities to construct
educational television facilities, which educational television facilities
may be located upon land or structures not owned by the State providing
that the Board of Governors has at least a 25-year lease for the use of
such non-state owned land or structures, which lease may contain a provision
making it subject to annual appropriations by the General Assembly;
(b) $323,000,000 for the acquisition, development,
construction, reconstruction, improvement, financing, architectural planning
and installation of capital facilities consisting of buildings, structures,
durable equipment and land for correctional purposes at State prisons and
correctional centers, all within the State of Illinois;
(c) $157,020,000 for the acquisition, development,
construction, reconstruction, improvement, financing, architectural planning
and installation of capital facilities consisting of buildings, structures,
durable equipment, and land for open spaces, recreational and conservation
purposes and the protection of land, all within the State of Illinois;
(d) $146,580,000 for the acquisition, development,
construction, reconstruction, improvement, financing, architectural planning
and installation of capital facilities consisting of buildings, structures,
durable equipment and land for child care facilities, mental and public
health facilities, and facilities for the care of veterans with disabilities and
their spouses, all within the State of Illinois;
(e) $348,846,200 for the acquisition, development,
construction, reconstruction, improvement, financing, architectural planning
and installation of capital facilities consisting of buildings, structures,
durable equipment and land for use by the State, its departments, authorities,
public corporations, commissions and agencies;
(f) To reimburse the Illinois Building Authority created by "An Act to
create the Illinois Building Authority and to define its powers and duties",
as approved August 15, 1961, as amended, for any and all costs and expenses
incurred, and to be incurred, by the Illinois Building Authority in connection
with the acquisition, construction, development, reconstruction, improvement,
planning, installation and financing of capital facilities consisting of
buildings, structures, equipment and land as enumerated in subsections (a)
through (e) hereof, and in connection therewith to acquire from the Illinois
Building Authority any such capital facilities; provided, however, that
nothing in this subparagraph shall be construed to require or permit the
acquisition of facilities financed by the Illinois Building
authority through the issuance of bonds;
(g) $24,853,800 for the acquisition, development,
construction, reconstruction, improvement, financing, architectural planning
and installation of buildings, structures, durable equipment, and land for:
(1) Cargo handling facilities for use by port districts, and
(2) Breakwaters, including harbor entrances incident thereto, for use
by port districts in conjunction with facilities for small boats and pleasure craft;
(h) $39,900,000 for the acquisition, development,
construction, reconstruction, modification, financing, architectural planning
and installation of capital facilities consisting of buildings, structures,
durable equipment and land for water resource management projects, all within
the State of Illinois;
(i) $9,852,713 for the acquisition, development, construction,
reconstruction, improvement, financing, architectural planning and installation
of capital facilities consisting of buildings, structures, durable equipment
and land for educational purposes by nonprofit, nonpublic health service
educational institutions;
(j) $48,000,000 for the acquisition, development,
construction, reconstruction, improvement, financing, architectural planning
and installation of capital facilities consisting of buildings, structures,
durable equipment and land for the provision of facilities for food production
research and related instructional and public service activities at the
State universities and public community colleges, all within the State of Illinois;
(k) $2,250,000 for grants by the Secretary of State,
as State Librarian,
for the construction, acquisition, development, reconstruction
and improvement of central library facilities authorized
under Section 8 of "The Illinois Library System Act", as amended.
(Source: P.A. 99-143, eff. 7-27-15.)
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