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| | HB3396 Engrossed | | LRB100 09031 AWJ 19179 b |
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| 1 | | AN ACT concerning local government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Municipal Code is amended by |
| 5 | | changing Section 11-119.1-3 as follows:
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| 6 | | (65 ILCS 5/11-119.1-3) (from Ch. 24, par. 11-119.1-3)
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| 7 | | Sec. 11-119.1-3.
The following terms whenever used or |
| 8 | | referred to in
this Division, shall have the following meanings |
| 9 | | unless the context requires otherwise:
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| 10 | | (1) "Agency agreement" means the written agreement |
| 11 | | between 2 or more municipalities
establishing a municipal |
| 12 | | power agency.
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| 13 | | (2) "Bonds" means revenue bonds, notes and other |
| 14 | | evidences of obligations
of a municipal power agency issued |
| 15 | | under the provisions of this Division.
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| 16 | | (3) "Eligible utility" means a public agency or other |
| 17 | | entity of any type,
including an electric cooperative as |
| 18 | | defined in Section 3.4 of the Electric
Supplier Act, which |
| 19 | | (i) owns, operates or controls any plant or equipment for
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| 20 | | the generation,
transmission or distribution of electric |
| 21 | | power and energy in connection
with the furnishing thereof |
| 22 | | for sale or resale or (ii) is an independent system |
| 23 | | operator within the electrical power system, a regional |
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| 1 | | transmission organization within the electrical power |
| 2 | | system, or an entity that participates as a buyer or seller |
| 3 | | in an organized independent system operator market or |
| 4 | | regional transmission organization market.
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| 5 | | (4) "Governing body" means, with respect to a |
| 6 | | municipality, the council,
city council, board of |
| 7 | | trustees, or other corporate authority of the municipality
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| 8 | | which exercises the general governmental powers of such |
| 9 | | municipality.
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| 10 | | (5) "Municipal power agency" means a body politic and |
| 11 | | corporate, municipal
corporation and unit of local |
| 12 | | government of the State of Illinois organized
in accordance |
| 13 | | with the provisions of this Division.
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| 14 | | (6) "Municipality" means a city, village or |
| 15 | | incorporated town in the State
of Illinois owning or |
| 16 | | operating an electric utility which furnishes retail
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| 17 | | electric service to the public.
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| 18 | | (7) "Project" means any plant, works, system, |
| 19 | | facility, and real and personal
property of any nature |
| 20 | | whatsoever, together with all parts thereof and |
| 21 | | appurtenances
thereto, used or useful in the generation, |
| 22 | | production, distribution, transmission,
purchase, sale, |
| 23 | | exchange or interchange of electrical energy and in the
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| 24 | | acquisition, extraction, conversion, transportation, |
| 25 | | storage
or reprocessing of fuel of any kind for any such |
| 26 | | purposes, or any interest
in, or right to the use, |
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| 1 | | services, output or capacity, of any such plant,
works, |
| 2 | | system or facilities.
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| 3 | | (8) "Public agency" means any municipality, political |
| 4 | | subdivision, municipal
corporation, unit of local |
| 5 | | government, governmental unit, or public corporation
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| 6 | | operated by or pursuant to the laws of the State of |
| 7 | | Illinois, of another
state or of the United States, and any |
| 8 | | state, the United States, and any
commission, board, bureau |
| 9 | | or other body declared by the laws of any state
or the |
| 10 | | United States to be a department, agency, or |
| 11 | | instrumentality thereof.
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| 12 | | (Source: P.A. 83-997.)
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