HB1131 EnrolledLRB103 05007 AWJ 50020 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Governmental Ethics Act is amended
5by changing Section 4A-101 as follows:
 
6    (5 ILCS 420/4A-101)  (from Ch. 127, par. 604A-101)
7    Sec. 4A-101. Persons required to file with the Secretary
8of State. The following persons shall file verified written
9statements of economic interests with the Secretary of State,
10as provided in this Article:
11        (a) Members of the General Assembly and candidates for
12    nomination or election to the General Assembly.
13        (b) Persons holding an elected office in the Executive
14    Branch of this State, and candidates for nomination or
15    election to these offices.
16        (c) Members of a Commission or Board created by the
17    Illinois Constitution, and candidates for nomination or
18    election to such Commission or Board.
19        (d) Persons whose appointment to office is subject to
20    confirmation by the Senate and persons appointed by the
21    Governor to any other position on a board or commission
22    described in subsection (a) of Section 15 of the
23    Gubernatorial Boards and Commissions Act.

 

 

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1        (e) Holders of, and candidates for nomination or
2    election to, the office of judge or associate judge of the
3    Circuit Court and the office of judge of the Appellate or
4    Supreme Court.
5        (f) Persons who are employed by any branch, agency,
6    authority or board of the government of this State,
7    including but not limited to, the Illinois State Toll
8    Highway Authority, the Illinois Housing Development
9    Authority, the Illinois Community College Board, and
10    institutions under the jurisdiction of the Board of
11    Trustees of the University of Illinois, Board of Trustees
12    of Southern Illinois University, Board of Trustees of
13    Chicago State University, Board of Trustees of Eastern
14    Illinois University, Board of Trustees of Governors State
15    University, Board of Trustees of Illinois State
16    University, Board of Trustees of Northeastern Illinois
17    University, Board of Trustees of Northern Illinois
18    University, Board of Trustees of Western Illinois
19    University, or Board of Trustees of the Illinois
20    Mathematics and Science Academy, and are compensated for
21    services as employees and not as independent contractors
22    and who:
23            (1) are, or function as, the head of a department,
24        commission, board, division, bureau, authority or
25        other administrative unit within the government of
26        this State, or who exercise similar authority within

 

 

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1        the government of this State;
2            (2) have direct supervisory authority over, or
3        direct responsibility for the formulation,
4        negotiation, issuance or execution of contracts
5        entered into by the State in the amount of $5,000 or
6        more;
7            (3) have authority for the issuance or
8        promulgation of rules and regulations within areas
9        under the authority of the State;
10            (4) have authority for the approval of
11        professional licenses;
12            (5) have responsibility with respect to the
13        financial inspection of regulated nongovernmental
14        entities;
15            (6) adjudicate, arbitrate, or decide any judicial
16        or administrative proceeding, or review the
17        adjudication, arbitration or decision of any judicial
18        or administrative proceeding within the authority of
19        the State;
20            (7) have supervisory responsibility for 20 or more
21        employees of the State;
22            (8) negotiate, assign, authorize, or grant naming
23        rights or sponsorship rights regarding any property or
24        asset of the State, whether real, personal, tangible,
25        or intangible; or
26            (9) have responsibility with respect to the

 

 

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1        procurement of goods or services.
2        (f-5) Members of the board of commissioners of any
3    flood prevention district created under the Flood
4    Prevention District Act or the Beardstown Regional Flood
5    Prevention District Act.
6        (g) (Blank).
7        (h) (Blank).
8        (i) (Blank).
9        (j) Persons on the Board of Trustees of the Illinois
10    Mathematics and Science Academy.
11        (k) (Blank).
12        (l) Special government agents. A "special government
13    agent" is a person who is directed, retained, designated,
14    appointed, or employed, with or without compensation, by
15    or on behalf of a statewide executive branch
16    constitutional officer to make an ex parte communication
17    under Section 5-50 of the State Officials and Employees
18    Ethics Act or Section 5-165 of the Illinois Administrative
19    Procedure Act.
20        (m) (Blank).
21        (n) Members of the board of any retirement system or
22    investment board established under the Illinois Pension
23    Code, if not required to file under any other provision of
24    this Section.
25        (o) (Blank).
26        (p) Members of the investment advisory panel created

 

 

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1    under Section 20 of the Illinois Prepaid Tuition Act.
2        (q) Persons serving as Executive Director or otherwise
3    involved with directing the affairs of a Regional
4    Development Authority. As used in this subsection,
5    "Regional Development Authority" has the meaning given to
6    that term in Section 1-5 of the State Officials and
7    Employees Ethics Act.
8    This Section shall not be construed to prevent any unit of
9local government from enacting financial disclosure
10requirements that mandate more information than required by
11this Act.
12(Source: P.A. 101-81, eff. 7-12-19; 101-221, eff. 8-9-19.)
 
13    Section 10. The State Officials and Employees Ethics Act
14is amended by changing Sections 1-5, 20-5, 20-10, 20-23, and
1575-5 and changing the heading of Article 75 as follows:
 
16    (5 ILCS 430/1-5)
17    Sec. 1-5. Definitions. As used in this Act:
18    "Appointee" means a person appointed to a position in or
19with a State agency, regardless of whether the position is
20compensated.
21    "Board members of Regional Development Authorities" means
22any person appointed to serve on the governing board of a
23Regional Development Authority.
24    "Board members of Regional Transit Boards" means any

 

 

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1person appointed to serve on the governing board of a Regional
2Transit Board.
3    "Campaign for elective office" means any activity in
4furtherance of an effort to influence the selection,
5nomination, election, or appointment of any individual to any
6federal, State, or local public office or office in a
7political organization, or the selection, nomination, or
8election of Presidential or Vice-Presidential electors, but
9does not include activities (i) relating to the support or
10opposition of any executive, legislative, or administrative
11action (as those terms are defined in Section 2 of the Lobbyist
12Registration Act), (ii) relating to collective bargaining, or
13(iii) that are otherwise in furtherance of the person's
14official State duties.
15    "Candidate" means a person who has filed nominating papers
16or petitions for nomination or election to an elected State
17office, or who has been appointed to fill a vacancy in
18nomination, and who remains eligible for placement on the
19ballot at either a general primary election or general
20election.
21    "Collective bargaining" has the same meaning as that term
22is defined in Section 3 of the Illinois Public Labor Relations
23Act.
24    "Commission" means an ethics commission created by this
25Act.
26    "Compensated time" means any time worked by or credited to

 

 

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1a State employee that counts toward any minimum work time
2requirement imposed as a condition of employment with a State
3agency, but does not include any designated State holidays or
4any period when the employee is on a leave of absence.
5    "Compensatory time off" means authorized time off earned
6by or awarded to a State employee to compensate in whole or in
7part for time worked in excess of the minimum work time
8required of that employee as a condition of employment with a
9State agency.
10    "Contribution" has the same meaning as that term is
11defined in Section 9-1.4 of the Election Code.
12    "Employee" means (i) any person employed full-time,
13part-time, or pursuant to a contract and whose employment
14duties are subject to the direction and control of an employer
15with regard to the material details of how the work is to be
16performed or (ii) any appointed or elected commissioner,
17trustee, director, or board member of a board of a State
18agency, including any retirement system or investment board
19subject to the Illinois Pension Code or (iii) any other
20appointee.
21    "Employment benefits" include but are not limited to the
22following: modified compensation or benefit terms; compensated
23time off; or change of title, job duties, or location of office
24or employment. An employment benefit may also include
25favorable treatment in determining whether to bring any
26disciplinary or similar action or favorable treatment during

 

 

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1the course of any disciplinary or similar action or other
2performance review.
3    "Executive branch constitutional officer" means the
4Governor, Lieutenant Governor, Attorney General, Secretary of
5State, Comptroller, and Treasurer.
6    "Gift" means any gratuity, discount, entertainment,
7hospitality, loan, forbearance, or other tangible or
8intangible item having monetary value including, but not
9limited to, cash, food and drink, and honoraria for speaking
10engagements related to or attributable to government
11employment or the official position of an employee, member, or
12officer. The value of a gift may be further defined by rules
13adopted by the appropriate ethics commission or by the Auditor
14General for the Auditor General and for employees of the
15office of the Auditor General.
16    "Governmental entity" means a unit of local government
17(including a community college district) or a school district
18but not a State agency, or a Regional Transit Board, or a
19Regional Development Authority.
20    "Leave of absence" means any period during which a State
21employee does not receive (i) compensation for State
22employment, (ii) service credit towards State pension
23benefits, and (iii) health insurance benefits paid for by the
24State.
25    "Legislative branch constitutional officer" means a member
26of the General Assembly and the Auditor General.

 

 

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1    "Legislative leader" means the President and Minority
2Leader of the Senate and the Speaker and Minority Leader of the
3House of Representatives.
4    "Member" means a member of the General Assembly.
5    "Officer" means an executive branch constitutional officer
6or a legislative branch constitutional officer.
7    "Political" means any activity in support of or in
8connection with any campaign for elective office or any
9political organization, but does not include activities (i)
10relating to the support or opposition of any executive,
11legislative, or administrative action (as those terms are
12defined in Section 2 of the Lobbyist Registration Act), (ii)
13relating to collective bargaining, or (iii) that are otherwise
14in furtherance of the person's official State duties or
15governmental and public service functions.
16    "Political organization" means a party, committee,
17association, fund, or other organization (whether or not
18incorporated) that is required to file a statement of
19organization with the State Board of Elections or a county
20clerk under Section 9-3 of the Election Code, but only with
21regard to those activities that require filing with the State
22Board of Elections or a county clerk.
23    "Prohibited political activity" means:
24        (1) Preparing for, organizing, or participating in any
25    political meeting, political rally, political
26    demonstration, or other political event.

 

 

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1        (2) Soliciting contributions, including but not
2    limited to the purchase of, selling, distributing, or
3    receiving payment for tickets for any political
4    fundraiser, political meeting, or other political event.
5        (3) Soliciting, planning the solicitation of, or
6    preparing any document or report regarding any thing of
7    value intended as a campaign contribution.
8        (4) Planning, conducting, or participating in a public
9    opinion poll in connection with a campaign for elective
10    office or on behalf of a political organization for
11    political purposes or for or against any referendum
12    question.
13        (5) Surveying or gathering information from potential
14    or actual voters in an election to determine probable vote
15    outcome in connection with a campaign for elective office
16    or on behalf of a political organization for political
17    purposes or for or against any referendum question.
18        (6) Assisting at the polls on election day on behalf
19    of any political organization or candidate for elective
20    office or for or against any referendum question.
21        (7) Soliciting votes on behalf of a candidate for
22    elective office or a political organization or for or
23    against any referendum question or helping in an effort to
24    get voters to the polls.
25        (8) Initiating for circulation, preparing,
26    circulating, reviewing, or filing any petition on behalf

 

 

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1    of a candidate for elective office or for or against any
2    referendum question.
3        (9) Making contributions on behalf of any candidate
4    for elective office in that capacity or in connection with
5    a campaign for elective office.
6        (10) Preparing or reviewing responses to candidate
7    questionnaires in connection with a campaign for elective
8    office or on behalf of a political organization for
9    political purposes.
10        (11) Distributing, preparing for distribution, or
11    mailing campaign literature, campaign signs, or other
12    campaign material on behalf of any candidate for elective
13    office or for or against any referendum question.
14        (12) Campaigning for any elective office or for or
15    against any referendum question.
16        (13) Managing or working on a campaign for elective
17    office or for or against any referendum question.
18        (14) Serving as a delegate, alternate, or proxy to a
19    political party convention.
20        (15) Participating in any recount or challenge to the
21    outcome of any election, except to the extent that under
22    subsection (d) of Section 6 of Article IV of the Illinois
23    Constitution each house of the General Assembly shall
24    judge the elections, returns, and qualifications of its
25    members.
26    "Prohibited source" means any person or entity who:

 

 

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1        (1) is seeking official action (i) by the member or
2    officer or (ii) in the case of an employee, by the employee
3    or by the member, officer, State agency, or other employee
4    directing the employee;
5        (2) does business or seeks to do business (i) with the
6    member or officer or (ii) in the case of an employee, with
7    the employee or with the member, officer, State agency, or
8    other employee directing the employee;
9        (3) conducts activities regulated (i) by the member or
10    officer or (ii) in the case of an employee, by the employee
11    or by the member, officer, State agency, or other employee
12    directing the employee;
13        (4) has interests that may be substantially affected
14    by the performance or non-performance of the official
15    duties of the member, officer, or employee;
16        (5) is registered or required to be registered with
17    the Secretary of State under the Lobbyist Registration
18    Act, except that an entity not otherwise a prohibited
19    source does not become a prohibited source merely because
20    a registered lobbyist is one of its members or serves on
21    its board of directors; or
22        (6) is an agent of, a spouse of, or an immediate family
23    member who is living with a "prohibited source".
24    "Regional Development Authority" means the following
25regional development authorities:
26        (1) the Central Illinois Economic Development

 

 

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1    Authority created by the Central Illinois Economic
2    Development Authority Act;
3        (2) the Eastern Illinois Economic Development
4    Authority created by the Eastern Illinois Economic
5    Development Authority Act;
6        (3) the Joliet Arsenal Development Authority created
7    by the Joliet Arsenal Development Authority Act;
8        (4) the Quad Cities Regional Economic Development
9    Authority created by Quad Cities Regional Economic
10    Development Authority Act, approved September 22, 1987;
11        (5) the Riverdale Development Authority created by the
12    Riverdale Development Authority Act;
13        (6) the Southeastern Illinois Economic Development
14    Authority created by the Southeastern Illinois Economic
15    Development Authority Act;
16        (7) the Southern Illinois Economic Development
17    Authority created by the Southern Illinois Economic
18    Development Authority Act;
19        (8) the Southwestern Illinois Development Authority
20    created by the Southwestern Illinois Development Authority
21    Act;
22        (9) the Tri-County River Valley Development Authority
23    created by the Tri-County River Valley Development
24    Authority Law;
25        (10) the Upper Illinois River Valley Development
26    Authority created by the Upper Illinois River Valley

 

 

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1    Development Authority Act;
2        (11) the Illinois Urban Development Authority created
3    by the Illinois Urban Development Authority Act;
4        (12) the Western Illinois Economic Development
5    Authority created by the Western Illinois Economic
6    Development Authority Act; and
7        (13) the Will-Kankakee Regional Development Authority
8    created by the Will-Kankakee Regional Development
9    Authority Law.
10    "Regional Transit Boards" means (i) the Regional
11Transportation Authority created by the Regional
12Transportation Authority Act, (ii) the Suburban Bus Division
13created by the Regional Transportation Authority Act, (iii)
14the Commuter Rail Division created by the Regional
15Transportation Authority Act, and (iv) the Chicago Transit
16Authority created by the Metropolitan Transit Authority Act.
17    "State agency" includes all officers, boards, commissions
18and agencies created by the Constitution, whether in the
19executive or legislative branch; all officers, departments,
20boards, commissions, agencies, institutions, authorities,
21public institutions of higher learning as defined in Section 2
22of the Higher Education Cooperation Act (except community
23colleges), and bodies politic and corporate of the State; and
24administrative units or corporate outgrowths of the State
25government which are created by or pursuant to statute, other
26than units of local government (including community college

 

 

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1districts) and their officers, school districts, and boards of
2election commissioners; and all administrative units and
3corporate outgrowths of the above and as may be created by
4executive order of the Governor. "State agency" includes the
5General Assembly, the Senate, the House of Representatives,
6the President and Minority Leader of the Senate, the Speaker
7and Minority Leader of the House of Representatives, the
8Senate Operations Commission, and the legislative support
9services agencies. "State agency" includes the Office of the
10Auditor General. "State agency" does not include the judicial
11branch.
12    "State employee" means any employee of a State agency.
13    "Ultimate jurisdictional authority" means the following:
14        (1) For members, legislative partisan staff, and
15    legislative secretaries, the appropriate legislative
16    leader: President of the Senate, Minority Leader of the
17    Senate, Speaker of the House of Representatives, or
18    Minority Leader of the House of Representatives.
19        (2) For State employees who are professional staff or
20    employees of the Senate and not covered under item (1),
21    the Senate Operations Commission.
22        (3) For State employees who are professional staff or
23    employees of the House of Representatives and not covered
24    under item (1), the Speaker of the House of
25    Representatives.
26        (4) For State employees who are employees of the

 

 

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1    legislative support services agencies, the Joint Committee
2    on Legislative Support Services.
3        (5) For State employees of the Auditor General, the
4    Auditor General.
5        (6) For State employees of public institutions of
6    higher learning as defined in Section 2 of the Higher
7    Education Cooperation Act (except community colleges), the
8    board of trustees of the appropriate public institution of
9    higher learning.
10        (7) For State employees of an executive branch
11    constitutional officer other than those described in
12    paragraph (6), the appropriate executive branch
13    constitutional officer.
14        (8) For State employees not under the jurisdiction of
15    paragraph (1), (2), (3), (4), (5), (6), or (7), the
16    Governor.
17        (9) For employees of Regional Transit Boards, the
18    appropriate Regional Transit Board.
19        (10) For board members of Regional Transit Boards, the
20    Governor.
21        (11) For employees of Regional Development
22    Authorities, the appropriate Regional Development
23    Authority.
24        (12) For board members of Regional Development
25    Authorities, the Governor.
26(Source: P.A. 96-6, eff. 4-3-09; 96-555, eff. 8-18-09;

 

 

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196-1528, eff. 7-1-11; 96-1533, eff. 3-4-11; 97-813, eff.
27-13-12.)
 
3    (5 ILCS 430/20-5)
4    Sec. 20-5. Executive Ethics Commission.
5    (a) The Executive Ethics Commission is created.
6    (b) The Executive Ethics Commission shall consist of 9
7commissioners. The Governor shall appoint 5 commissioners, and
8the Attorney General, Secretary of State, Comptroller, and
9Treasurer shall each appoint one commissioner. Appointments
10shall be made by and with the advice and consent of the Senate
11by three-fifths of the elected members concurring by record
12vote. Any nomination not acted upon by the Senate within 60
13session days of the receipt thereof shall be deemed to have
14received the advice and consent of the Senate. If, during a
15recess of the Senate, there is a vacancy in an office of
16commissioner, the appointing authority shall make a temporary
17appointment until the next meeting of the Senate when the
18appointing authority shall make a nomination to fill that
19office. No person rejected for an office of commissioner
20shall, except by the Senate's request, be nominated again for
21that office at the same session of the Senate or be appointed
22to that office during a recess of that Senate. No more than 5
23commissioners may be of the same political party.
24    The terms of the initial commissioners shall commence upon
25qualification. Four initial appointees of the Governor, as

 

 

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1designated by the Governor, shall serve terms running through
2June 30, 2007. One initial appointee of the Governor, as
3designated by the Governor, and the initial appointees of the
4Attorney General, Secretary of State, Comptroller, and
5Treasurer shall serve terms running through June 30, 2008. The
6initial appointments shall be made within 60 days after the
7effective date of this Act.
8    After the initial terms, commissioners shall serve for
94-year terms commencing on July 1 of the year of appointment
10and running through June 30 of the fourth following year.
11Commissioners may be reappointed to one or more subsequent
12terms.
13    Vacancies occurring other than at the end of a term shall
14be filled by the appointing authority only for the balance of
15the term of the commissioner whose office is vacant.
16    Terms shall run regardless of whether the position is
17filled.
18    (c) The appointing authorities shall appoint commissioners
19who have experience holding governmental office or employment
20and shall appoint commissioners from the general public. A
21person is not eligible to serve as a commissioner if that
22person (i) has been convicted of a felony or a crime of
23dishonesty or moral turpitude, (ii) is, or was within the
24preceding 12 months, engaged in activities that require
25registration under the Lobbyist Registration Act, (iii) is
26related to the appointing authority, or (iv) is a State

 

 

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1officer or employee.
2    (d) The Executive Ethics Commission shall have
3jurisdiction over all officers and employees of State agencies
4other than the General Assembly, the Senate, the House of
5Representatives, the President and Minority Leader of the
6Senate, the Speaker and Minority Leader of the House of
7Representatives, the Senate Operations Commission, the
8legislative support services agencies, and the Office of the
9Auditor General. The Executive Ethics Commission shall have
10jurisdiction over all board members and employees of Regional
11Transit Boards and all board members and employees of Regional
12Development Authorities. The jurisdiction of the Commission is
13limited to matters arising under this Act, except as provided
14in subsection (d-5).
15    A member or legislative branch State employee serving on
16an executive branch board or commission remains subject to the
17jurisdiction of the Legislative Ethics Commission and is not
18subject to the jurisdiction of the Executive Ethics
19Commission.
20    (d-5) The Executive Ethics Commission shall have
21jurisdiction over all chief procurement officers and
22procurement compliance monitors and their respective staffs.
23The Executive Ethics Commission shall have jurisdiction over
24any matters arising under the Illinois Procurement Code if the
25Commission is given explicit authority in that Code.
26    (d-6) (1) The Executive Ethics Commission shall have

 

 

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1jurisdiction over the Illinois Power Agency and its staff. The
2Director of the Agency shall be appointed by a majority of the
3commissioners of the Executive Ethics Commission, subject to
4Senate confirmation, for a term of 2 years. The Director is
5removable for cause by a majority of the Commission upon a
6finding of neglect, malfeasance, absence, or incompetence.
7    (2) In case of a vacancy in the office of Director of the
8Illinois Power Agency during a recess of the Senate, the
9Executive Ethics Commission may make a temporary appointment
10until the next meeting of the Senate, at which time the
11Executive Ethics Commission shall nominate some person to fill
12the office, and any person so nominated who is confirmed by the
13Senate shall hold office during the remainder of the term and
14until his or her successor is appointed and qualified. Nothing
15in this subsection shall prohibit the Executive Ethics
16Commission from removing a temporary appointee or from
17appointing a temporary appointee as the Director of the
18Illinois Power Agency.
19    (3) Prior to June 1, 2012, the Executive Ethics Commission
20may, until the Director of the Illinois Power Agency is
21appointed and qualified or a temporary appointment is made
22pursuant to paragraph (2) of this subsection, designate some
23person as an acting Director to execute the powers and
24discharge the duties vested by law in that Director. An acting
25Director shall serve no later than 60 calendar days, or upon
26the making of an appointment pursuant to paragraph (1) or (2)

 

 

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1of this subsection, whichever is earlier. Nothing in this
2subsection shall prohibit the Executive Ethics Commission from
3removing an acting Director or from appointing an acting
4Director as the Director of the Illinois Power Agency.
5    (4) No person rejected by the Senate for the office of
6Director of the Illinois Power Agency shall, except at the
7Senate's request, be nominated again for that office at the
8same session or be appointed to that office during a recess of
9that Senate.
10    (d-7) The Executive Ethics Commission shall have
11jurisdiction over complainants and respondents in violation of
12subsection (d) of Section 20-90.
13    (e) The Executive Ethics Commission must meet, either in
14person or by other technological means, at least monthly and
15as often as necessary. At the first meeting of the Executive
16Ethics Commission, the commissioners shall choose from their
17number a chairperson and other officers that they deem
18appropriate. The terms of officers shall be for 2 years
19commencing July 1 and running through June 30 of the second
20following year. Meetings shall be held at the call of the
21chairperson or any 3 commissioners. Official action by the
22Commission shall require the affirmative vote of 5
23commissioners, and a quorum shall consist of 5 commissioners.
24Commissioners shall receive compensation in an amount equal to
25the compensation of members of the State Board of Elections
26and may be reimbursed for their reasonable expenses actually

 

 

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1incurred in the performance of their duties.
2    (f) No commissioner or employee of the Executive Ethics
3Commission may during his or her term of appointment or
4employment:
5        (1) become a candidate for any elective office;
6        (2) hold any other elected or appointed public office
7    except for appointments on governmental advisory boards or
8    study commissions or as otherwise expressly authorized by
9    law;
10        (3) be actively involved in the affairs of any
11    political party or political organization; or
12        (4) advocate for the appointment of another person to
13    an appointed or elected office or position or actively
14    participate in any campaign for any elective office.
15    (g) An appointing authority may remove a commissioner only
16for cause.
17    (h) The Executive Ethics Commission shall appoint an
18Executive Director. The compensation of the Executive Director
19shall be as determined by the Commission. The Executive
20Director of the Executive Ethics Commission may employ and
21determine the compensation of staff, as appropriations permit.
22    (i) The Executive Ethics Commission shall appoint, by a
23majority of the members appointed to the Commission, chief
24procurement officers and may appoint procurement compliance
25monitors in accordance with the provisions of the Illinois
26Procurement Code. The compensation of a chief procurement

 

 

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1officer and procurement compliance monitor shall be determined
2by the Commission.
3(Source: P.A. 100-43, eff. 8-9-17; 101-221, eff. 8-9-19;
4101-617, eff. 12-20-19.)
 
5    (5 ILCS 430/20-10)
6    Sec. 20-10. Offices of Executive Inspectors General.
7    (a) Five independent Offices of the Executive Inspector
8General are created, one each for the Governor, the Attorney
9General, the Secretary of State, the Comptroller, and the
10Treasurer. Each Office shall be under the direction and
11supervision of an Executive Inspector General and shall be a
12fully independent office with separate appropriations.
13    (b) The Governor, Attorney General, Secretary of State,
14Comptroller, and Treasurer shall each appoint an Executive
15Inspector General, without regard to political affiliation and
16solely on the basis of integrity and demonstrated ability.
17Appointments shall be made by and with the advice and consent
18of the Senate by three-fifths of the elected members
19concurring by record vote. Any nomination not acted upon by
20the Senate within 60 session days of the receipt thereof shall
21be deemed to have received the advice and consent of the
22Senate. If, during a recess of the Senate, there is a vacancy
23in an office of Executive Inspector General, the appointing
24authority shall make a temporary appointment until the next
25meeting of the Senate when the appointing authority shall make

 

 

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1a nomination to fill that office. No person rejected for an
2office of Executive Inspector General shall, except by the
3Senate's request, be nominated again for that office at the
4same session of the Senate or be appointed to that office
5during a recess of that Senate.
6    Nothing in this Article precludes the appointment by the
7Governor, Attorney General, Secretary of State, Comptroller,
8or Treasurer of any other inspector general required or
9permitted by law. The Governor, Attorney General, Secretary of
10State, Comptroller, and Treasurer each may appoint an existing
11inspector general as the Executive Inspector General required
12by this Article, provided that such an inspector general is
13not prohibited by law, rule, jurisdiction, qualification, or
14interest from serving as the Executive Inspector General
15required by this Article. An appointing authority may not
16appoint a relative as an Executive Inspector General.
17    Each Executive Inspector General shall have the following
18qualifications:
19        (1) has not been convicted of any felony under the
20    laws of this State, another State, or the United States;
21        (2) has earned a baccalaureate degree from an
22    institution of higher education; and
23        (3) has 5 or more years of cumulative service (A) with
24    a federal, State, or local law enforcement agency, at
25    least 2 years of which have been in a progressive
26    investigatory capacity; (B) as a federal, State, or local

 

 

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1    prosecutor; (C) as a senior manager or executive of a
2    federal, State, or local agency; (D) as a member, an
3    officer, or a State or federal judge; or (E) representing
4    any combination of items (A) through (D).
5    The term of each initial Executive Inspector General shall
6commence upon qualification and shall run through June 30,
72008. The initial appointments shall be made within 60 days
8after the effective date of this Act.
9    After the initial term, each Executive Inspector General
10shall serve for 5-year terms commencing on July 1 of the year
11of appointment and running through June 30 of the fifth
12following year. An Executive Inspector General may be
13reappointed to one or more subsequent terms.
14    A vacancy occurring other than at the end of a term shall
15be filled by the appointing authority only for the balance of
16the term of the Executive Inspector General whose office is
17vacant.
18    Terms shall run regardless of whether the position is
19filled.
20    (c) The Executive Inspector General appointed by the
21Attorney General shall have jurisdiction over the Attorney
22General and all officers and employees of, and vendors and
23others doing business with, State agencies within the
24jurisdiction of the Attorney General. The Executive Inspector
25General appointed by the Secretary of State shall have
26jurisdiction over the Secretary of State and all officers and

 

 

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1employees of, and vendors and others doing business with,
2State agencies within the jurisdiction of the Secretary of
3State. The Executive Inspector General appointed by the
4Comptroller shall have jurisdiction over the Comptroller and
5all officers and employees of, and vendors and others doing
6business with, State agencies within the jurisdiction of the
7Comptroller. The Executive Inspector General appointed by the
8Treasurer shall have jurisdiction over the Treasurer and all
9officers and employees of, and vendors and others doing
10business with, State agencies within the jurisdiction of the
11Treasurer. The Executive Inspector General appointed by the
12Governor shall have jurisdiction over (i) the Governor, (ii)
13the Lieutenant Governor, (iii) all officers and employees of,
14and vendors and others doing business with, executive branch
15State agencies under the jurisdiction of the Executive Ethics
16Commission and not within the jurisdiction of the Attorney
17General, the Secretary of State, the Comptroller, or the
18Treasurer, and (iv) all board members and employees of the
19Regional Transit Boards and all vendors and others doing
20business with the Regional Transit Boards, and (v) all board
21members and employees of the Regional Development Authorities
22and all vendors and others doing business with the Regional
23Development Authorities.
24    The jurisdiction of each Executive Inspector General is to
25investigate allegations of fraud, waste, abuse, mismanagement,
26misconduct, nonfeasance, misfeasance, malfeasance, or

 

 

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1violations of this Act or violations of other related laws and
2rules.
3    Each Executive Inspector General shall have jurisdiction
4over complainants in violation of subsection (e) of Section
520-63 for disclosing a summary report prepared by the
6respective Executive Inspector General.
7    (d) The compensation for each Executive Inspector General
8shall be determined by the Executive Ethics Commission and
9shall be provided from appropriations made to the Comptroller
10for this purpose. For terms of office beginning on or after
11July 1, 2023, each Executive Inspector General shall receive,
12on July 1 of each year, beginning on July 1, 2024, an increase
13in salary based on a cost of living adjustment as authorized by
14Senate Joint Resolution 192 of the 86th General Assembly.
15Subject to Section 20-45 of this Act, each Executive Inspector
16General has full authority to organize his or her Office of the
17Executive Inspector General, including the employment and
18determination of the compensation of staff, such as deputies,
19assistants, and other employees, as appropriations permit. A
20separate appropriation shall be made for each Office of
21Executive Inspector General.
22    (e) No Executive Inspector General or employee of the
23Office of the Executive Inspector General may, during his or
24her term of appointment or employment:
25        (1) become a candidate for any elective office;
26        (2) hold any other elected or appointed public office

 

 

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1    except for appointments on governmental advisory boards or
2    study commissions or as otherwise expressly authorized by
3    law;
4        (3) be actively involved in the affairs of any
5    political party or political organization; or
6        (4) advocate for the appointment of another person to
7    an appointed or elected office or position or actively
8    participate in any campaign for any elective office.
9    In this subsection an appointed public office means a
10position authorized by law that is filled by an appointing
11authority as provided by law and does not include employment
12by hiring in the ordinary course of business.
13    (e-1) No Executive Inspector General or employee of the
14Office of the Executive Inspector General may, for one year
15after the termination of his or her appointment or employment:
16        (1) become a candidate for any elective office;
17        (2) hold any elected public office; or
18        (3) hold any appointed State, county, or local
19    judicial office.
20    (e-2) The requirements of item (3) of subsection (e-1) may
21be waived by the Executive Ethics Commission.
22    (f) An Executive Inspector General may be removed only for
23cause and may be removed only by the appointing constitutional
24officer. At the time of the removal, the appointing
25constitutional officer must report to the Executive Ethics
26Commission the justification for the removal.

 

 

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1(Source: P.A. 101-221, eff. 8-9-19; 102-558, eff. 8-20-21;
2102-1115, eff. 1-9-23.)
 
3    (5 ILCS 430/20-23)
4    Sec. 20-23. Ethics Officers. Each officer and the head of
5each State agency under the jurisdiction of the Executive
6Ethics Commission shall designate an Ethics Officer for the
7office or State agency. The board of each Regional Transit
8Board shall designate an Ethics Officer for the Regional
9Transit Board, and the board of each Regional Development
10Authority shall designate an Ethics Officer for the Regional
11Development Authority. Ethics Officers shall:
12        (1) act as liaisons between the State agency, or
13    Regional Transit Board , or Regional Development Authority
14    and the appropriate Executive Inspector General and
15    between the State agency, or Regional Transit Board, or
16    Regional Development Authority and the Executive Ethics
17    Commission;
18        (2) review statements of economic interest and
19    disclosure forms of officers, senior employees, and
20    contract monitors before they are filed with the Secretary
21    of State; and
22        (3) provide guidance to officers and employees in the
23    interpretation and implementation of this Act, which the
24    officer or employee may in good faith rely upon. Such
25    guidance shall be based, wherever possible, upon legal

 

 

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1    precedent in court decisions, opinions of the Attorney
2    General, and the findings and opinions of the Executive
3    Ethics Commission.
4(Source: P.A. 96-1528, eff. 7-1-11.)
 
5    (5 ILCS 430/Art. 75 heading)
6
ARTICLE 75. REGIONAL TRANSIT BOARDS
7
AND REGIONAL DEVELOPMENT AUTHORITIES
8(Source: P.A. 96-1528, eff. 7-1-11.)
 
9    (5 ILCS 430/75-5)
10    Sec. 75-5. Application of the State Officials and
11Employees Ethics Act to the Regional Transit Boards and
12Regional Development Authorities.
13    (a) The Beginning July 1, 2011, the provisions of Articles
141, 5, 10, 20, and 50 of this Act, as well as this Article,
15shall apply to the Regional Transit Boards and Regional
16Development Authorities. As used in Articles 1, 5, 10, 20, 50,
17and 75, (i) "appointee" and "officer" include a person
18appointed to serve on the board of a Regional Transit Board or
19a board of a Regional Development Authority, and (ii)
20"employee" and "State employee" include: (A) a full-time,
21part-time, or contractual employee of a Regional Transit Board
22or a Regional Development Authority; and (B) Authority leaders
23of a Regional Development Authority. As used in this
24subsection, "Authority leader" has the meaning given to that

 

 

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1term in the various Acts and Laws creating the Regional
2Development Authorities.
3    (b) The Executive Ethics Commission shall have
4jurisdiction over all board members and employees of the
5Regional Transit Boards and Regional Development Authorities.
6The Executive Inspector General appointed by the Governor
7shall have jurisdiction over all board members, employees,
8vendors, and others doing business with the Regional Transit
9Boards and Regional Development Authorities to investigate
10allegations of fraud, waste, abuse, mismanagement, misconduct,
11nonfeasance, misfeasance, malfeasance, or violations of this
12Act.
13(Source: P.A. 96-1528, eff. 7-1-11.)
 
14    Section 15. The Central Illinois Economic Development
15Authority Act is amended by changing Sections 10, 15, and 70
16and by adding Sections 21 and 22 as follows:
 
17    (70 ILCS 504/10)
18    Sec. 10. Definitions. In this Act:
19    "Authority" means the Central Illinois Economic
20Development Authority.
21    "Authority leader" means the Executive Director, Assistant
22Executive Director, or any other person serving in a
23management, administrative, or leadership role at the
24Authority.

 

 

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1    "Governmental agency" means any federal, State, or local
2governmental body and any agency or instrumentality thereof,
3corporate or otherwise.
4    "Person" means any natural person, firm, partnership,
5corporation, both domestic and foreign, company, association
6or joint stock association and includes any trustee, receiver,
7assignee or personal representative thereof.
8    "Restricted person" means a person who has a familial or
9business relationship with an Authority leader.
10    "Revenue bond" means any bond issued by the Authority, the
11principal and interest of which is payable solely from
12revenues or income derived from any project or activity of the
13Authority.
14    "Board" means the Board of Directors of the Central
15Illinois Economic Development Authority.
16    "Governor" means the Governor of the State of Illinois.
17    "City" means any city, village, incorporated town, or
18township within the geographical territory of the Authority.
19    "Industrial project" means the following:
20        (1) a capital project, including one or more buildings
21    and other structures, improvements, machinery and
22    equipment whether or not on the same site or sites now
23    existing or hereafter acquired, suitable for use by any
24    manufacturing, industrial, research, transportation or
25    commercial enterprise including but not limited to use as
26    a factory, mill, processing plant, assembly plant,

 

 

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1    packaging plant, fabricating plant, ethanol plant, office
2    building, industrial distribution center, warehouse,
3    repair, overhaul or service facility, freight terminal,
4    research facility, test facility, railroad facility, port
5    facility, solid waste and wastewater treatment and
6    disposal sites and other pollution control facilities,
7    resource or waste reduction, recovery, treatment and
8    disposal facilities, and including also the sites thereof
9    and other rights in land therefore whether improved or
10    unimproved, site preparation and landscaping and all
11    appurtenances and facilities incidental thereto such as
12    utilities, access roads, railroad sidings, truck docking
13    and similar facilities, parking facilities, dockage,
14    wharfage, railroad roadbed, track, trestle, depot,
15    terminal, switching and signaling equipment or related
16    equipment and other improvements necessary or convenient
17    thereto; or
18        (2) any land, buildings, machinery or equipment
19    comprising an addition to or renovation, rehabilitation or
20    improvement of any existing capital project.
21    "Housing project" or "residential project" includes a
22specific work or improvement undertaken to provide dwelling
23accommodations, including the acquisition, construction or
24rehabilitation of lands, buildings and community facilities
25and in connection therewith to provide nonhousing facilities
26which are an integral part of a planned large-scale project or

 

 

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1new community.
2    "Commercial project" means any project, including, but not
3limited to, one or more buildings and other structures,
4improvements, machinery, and equipment, whether or not on the
5same site or sites now existing or hereafter acquired,
6suitable for use by any retail or wholesale concern,
7distributorship, or agency.
8    "Project" means an industrial, housing, residential,
9commercial, or service project, or any combination thereof,
10provided that all uses fall within one of the categories
11described above. Any project automatically includes all site
12improvements and new construction involving sidewalks, sewers,
13solid waste and wastewater treatment and disposal sites and
14other pollution control facilities, resource or waste
15reduction, recovery, treatment and disposal facilities, parks,
16open spaces, wildlife sanctuaries, streets, highways, and
17runways.
18    "Lease agreement" means an agreement in which a project
19acquired by the Authority by purchase, gift, or lease is
20leased to any person or corporation that will use, or cause the
21project to be used, as a project, upon terms providing for
22lease rental payments at least sufficient to pay, when due,
23all principal of and interest and premium, if any, on any
24bonds, notes, or other evidences of indebtedness of the
25Authority, issued with respect to the project, providing for
26the maintenance, insurance, and operation of the project on

 

 

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1terms satisfactory to the Authority and providing for
2disposition of the project upon termination of the lease term,
3including purchase options or abandonment of the premises,
4with other terms as may be deemed desirable by the Authority.
5    "Loan agreement" means any agreement in which the
6Authority agrees to loan the proceeds of its bonds, notes, or
7other evidences of indebtedness, issued with respect to a
8project, to any person or corporation which will use or cause
9the project to be used as a project, upon terms providing for
10loan repayment installments at least sufficient to pay, when
11due, all principal of and interest and premium, if any, on any
12bonds, notes, or other evidences of indebtedness of the
13Authority issued with respect to the project, providing for
14maintenance, insurance, and operation of the project on terms
15satisfactory to the Authority and providing for other terms
16deemed advisable by the Authority.
17    "Financial aid" means the expenditure of Authority funds
18or funds provided by the Authority for the development,
19construction, acquisition or improvement of a project, through
20the issuance of revenue bonds, notes, or other evidences of
21indebtedness.
22    "Costs incurred in connection with the development,
23construction, acquisition or improvement of a project" means
24the following:
25        (1) the cost of purchase and construction of all lands
26    and improvements in connection therewith and equipment and

 

 

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1    other property, rights, easements, and franchises acquired
2    which are deemed necessary for the construction;
3        (2) financing charges;
4        (3) interest costs with respect to bonds, notes, and
5    other evidences of indebtedness of the Authority prior to
6    and during construction and for a period of 6 months
7    thereafter;
8        (4) engineering and legal expenses; and
9        (5) the costs of plans, specifications, surveys, and
10    estimates of costs and other expenses necessary or
11    incident to determining the feasibility or practicability
12    of any project, together with such other expenses as may
13    be necessary or incident to the financing, insuring,
14    acquisition, and construction of a specific project and
15    the placing of the same in operation.
16(Source: P.A. 98-750, eff. 1-1-15.)
 
17    (70 ILCS 504/15)
18    Sec. 15. Creation.
19    (a) There is created a political subdivision, body
20politic, and municipal corporation named the Central Illinois
21Economic Development Authority. The territorial jurisdiction
22of the Authority is that geographic area within the boundaries
23of the following counties: Macon, Sangamon, Menard, Logan,
24Christian, DeWitt, Macoupin, Montgomery, Calhoun, Greene, and
25Jersey and any navigable waters and air space located therein.

 

 

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1    (b) The governing and administrative powers of the
2Authority shall be vested in a body consisting of 15 members as
3follows:
4        (1) Ex officio members. The Director of Commerce and
5    Economic Opportunity, or a designee of that Department,
6    shall serve as an ex officio member.
7        (2) Public members. Three members shall be appointed
8    by the Governor with the advice and consent of the Senate.
9    The county board chairperson of the following counties
10    shall each appoint one member: Macon, Sangamon, Menard,
11    Logan, Christian, DeWitt, Macoupin, Montgomery, Calhoun,
12    Greene, and Jersey. All public members shall reside within
13    the territorial jurisdiction of the Authority. The public
14    members shall be persons of recognized ability and
15    experience in one or more of the following areas: economic
16    development, finance, banking, industrial development,
17    state or local government, commercial agriculture, small
18    business management, real estate development, community
19    development, venture finance, organized labor, or civic or
20    community organization.
21    (c) 8 members shall constitute a quorum, and the Board may
22not meet or take any action without a quorum present.
23    (d) The chairperson of the Authority shall be elected
24annually by the Board and must be a public member that resides
25within the territorial jurisdiction of the Authority.
26    (e) The terms of all initial members of the Authority

 

 

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1shall begin 30 days after the effective date of this Act. Of
2the 3 original public members appointed by the Governor, 1
3shall serve until the third Monday in January, 2007; 1 shall
4serve until the third Monday in January, 2008; 1 shall serve
5until the third Monday in January, 2009. The initial terms of
6the original public members appointed by the county board
7chairpersons shall be determined by lot, according to the
8following schedule: (i) 3 shall serve until the third Monday
9in January, 2007, (ii) 3 shall serve until the third Monday in
10January, 2008, (iii) 3 shall serve until the third Monday in
11January, 2009, and (iv) 2 shall serve until the third Monday in
12January, 2010. All successors to these original public members
13shall be appointed by the original appointing authority and
14all appointments made by the Governor shall be made with the
15advice and consent of the Senate, pursuant to subsection (b),
16and shall hold office for a term of 6 years commencing the
17third Monday in January of the year in which their term
18commences, except in the case of an appointment to fill a
19vacancy. Vacancies occurring among the public members shall be
20filled for the remainder of the term. In case of vacancy in a
21Governor-appointed membership when the Senate is not in
22session, the Governor may make a temporary appointment until
23the next meeting of the Senate when a person shall be nominated
24to fill the office and, upon confirmation by the Senate, he or
25she shall hold office during the remainder of the term and
26until a successor is appointed and qualified. Members of the

 

 

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1Authority are not entitled to compensation for their services
2as members but are entitled to reimbursement for all necessary
3expenses incurred in connection with the performance of their
4duties as members.
5    (f) The Governor may remove any public member of the
6Authority appointed by the Governor or a predecessor Governor
7in case of incompetence, neglect of duty, or malfeasance in
8office. The chairperson of a county board may remove any
9public member appointed by that chairperson or a predecessor
10county board chairperson in case of incompetence, neglect of
11duty, or malfeasance in office.
12    (g) The Board shall appoint an Executive Director who
13shall have a background in finance, including familiarity with
14the legal and procedural requirements of issuing bonds, real
15estate, or economic development and administration. The
16Executive Director shall hold office at the discretion of the
17Board. The Executive Director shall be the chief
18administrative and operational officer of the Authority, shall
19direct and supervise its administrative affairs and general
20management, perform such other duties as may be prescribed
21from time to time by the members, and receive compensation
22fixed by the Authority. The Department of Commerce and
23Economic Opportunity shall pay the compensation of the
24Executive Director from appropriations received for that
25purpose. The Executive Director shall attend all meetings of
26the Authority. However, no action of the Authority shall be

 

 

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1invalid on account of the absence of the Executive Director
2from a meeting. The Authority may engage the services of the
3Illinois Finance Authority, attorneys, appraisers, engineers,
4accountants, credit analysts, and other consultants if the
5Central Illinois Economic Development Authority deems it
6advisable.
7(Source: P.A. 94-995, eff. 7-3-06.)
 
8    (70 ILCS 504/21 new)
9    Sec. 21. Requests for assistance; disclosure of economic
10interests.
11    (a) The Authority may not hear a request for assistance
12from a restricted person. This prohibition extends to business
13relationships between a person who is an Authority leader
14within one year prior to the request for assistance and to any
15entity in which a restricted person holds or, within the past 2
16years, held an ownership interest of 10% or more.
17    (b) An Authority leader shall disclose and recuse himself
18or herself from matters relating to requests for assistance
19from an entity that is relocating full-time employees from
20another Authority's counties if (i) both Authorities contract
21with or employ the same Authority leader or (ii) there is or,
22within the past 2 years of the request, there was a business
23relationship between the Authority leaders at the 2
24Authorities.
25    (c) The Board of the Authority shall vote to renew the

 

 

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1appointment of the Executive Director and other Authority
2leaders on an annual basis. All contracts shall be approved on
3an annual basis and use a public process to solicit
4applications. This requirement does not apply to full-time
5employees of the Authority unless otherwise required by
6applicable State law or local ordinance.
7    (g) Each Authority leader shall submit a statement of
8economic interest in accordance with Article 4A of the
9Illinois Governmental Ethics Act. Additionally, each Authority
10leader shall disclose to the Board outside sources of income
11and any business relationships in economic development
12consulting or lobbying. Reporting shall include the source of
13income, services provided, and timeline of when services were
14provided. If the source of income is a firm or organization
15with multiple clients, the report shall list all of the
16entities for which the individual provided services.
 
17    (70 ILCS 504/22 new)
18    Sec. 22. Open meetings; record disclosure.
19    (a) The Authority is subject to the Open Meetings Act and
20the Freedom of Information Act. Documents subject to the
21Freedom of Information Act include, but are not limited to,
22expenses, payroll, origination bonuses, and other financial
23details of the Authority.
24    (b) A contract or agreement entered into by the Authority
25must be posted on the Authority's website. The Authority shall

 

 

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1provide a detailed report of the Authority's financial
2information on the Authority's website, including, but not
3limited to, a statement of profits and losses, balance sheet,
4and income statement of the Authority.
 
5    (70 ILCS 504/70)
6    Sec. 70. Reports; commitment notice. The Authority shall
7annually submit a report of its finances to the Auditor
8General. The Authority shall annually submit a report of its
9activities to the Governor and to the General Assembly.
10    The Authority shall provide notice to the General
11Assembly, the Department of Commerce and Economic Opportunity,
12and the Governor once the Authority enters into a commitment
13to support the financing of a project. The notice to the
14General Assembly shall be filed with the Clerk of the House of
15Representatives and the Secretary of the Senate, in electronic
16form only, in the manner that the Clerk and the Secretary shall
17direct.
18(Source: P.A. 94-995, eff. 7-3-06.)
 
19    Section 20. The Eastern Illinois Economic Development
20Authority Act is amended by changing Sections 10, 15, and 70
21and by adding Sections 21 and 22 as follows:
 
22    (70 ILCS 506/10)
23    Sec. 10. Definitions. In this Act:

 

 

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1    "Authority" means the Eastern Illinois Economic
2Development Authority.
3    "Authority leader" means the Executive Director, Assistant
4Executive Director, or any other person serving in a
5management, administrative, or leadership role at the
6Authority.
7    "Governmental agency" means any federal, State, or local
8governmental body and any agency or instrumentality thereof,
9corporate or otherwise.
10    "Person" means any natural person, firm, partnership,
11corporation, both domestic and foreign, company, association
12or joint stock association and includes any trustee, receiver,
13assignee or personal representative thereof.
14    "Restricted person" means a person who has a familial or
15business relationship with an Authority leader.
16    "Revenue bond" means any bond issued by the Authority, the
17principal and interest of which is payable solely from
18revenues or income derived from any project or activity of the
19Authority.
20    "Board" means the Board of Directors of the Eastern
21Illinois Economic Development Authority.
22    "Governor" means the Governor of the State of Illinois.
23    "City" means any city, village, incorporated town, or
24township within the geographical territory of the Authority.
25    "Industrial project" means the following:
26        (1) a capital project, including one or more buildings

 

 

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1    and other structures, improvements, machinery and
2    equipment whether or not on the same site or sites now
3    existing or hereafter acquired, suitable for use by any
4    manufacturing, industrial, research, transportation or
5    commercial enterprise including but not limited to use as
6    a factory, mill, processing plant, assembly plant,
7    packaging plant, fabricating plant, ethanol plant, office
8    building, industrial distribution center, warehouse,
9    repair, overhaul or service facility, freight terminal,
10    research facility, test facility, railroad facility, port
11    facility, solid waste and wastewater treatment and
12    disposal sites and other pollution control facilities,
13    resource or waste reduction, recovery, treatment and
14    disposal facilities, and including also the sites thereof
15    and other rights in land therefore whether improved or
16    unimproved, site preparation and landscaping and all
17    appurtenances and facilities incidental thereto such as
18    utilities, access roads, railroad sidings, truck docking
19    and similar facilities, parking facilities, dockage,
20    wharfage, railroad roadbed, track, trestle, depot,
21    terminal, switching and signaling equipment or related
22    equipment and other improvements necessary or convenient
23    thereto; or
24        (2) any land, buildings, machinery or equipment
25    comprising an addition to or renovation, rehabilitation or
26    improvement of any existing capital project.

 

 

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1    "Housing project" or "residential project" includes a
2specific work or improvement undertaken to provide dwelling
3accommodations, including the acquisition, construction, or
4rehabilitation of lands, buildings, and community facilities,
5and to provide non-housing facilities which are an integral
6part of a planned large-scale project or new community.
7    "Commercial project" means any project, including, but not
8limited to, one or more buildings and other structures,
9improvements, machinery, and equipment, whether or not on the
10same site or sites now existing or hereafter acquired,
11suitable for use by any retail or wholesale concern,
12distributorship, or agency.
13    "Project" means an industrial, housing, residential,
14commercial, or service project, or any combination thereof,
15provided that all uses fall within one of the categories
16described above. Any project automatically includes all site
17improvements and new construction involving sidewalks, sewers,
18solid waste and wastewater treatment and disposal sites and
19other pollution control facilities, resource or waste
20reduction, recovery, treatment and disposal facilities, parks,
21open spaces, wildlife sanctuaries, streets, highways, and
22runways.
23    "Lease agreement" means an agreement in which a project
24acquired by the Authority by purchase, gift, or lease is
25leased to any person or corporation that will use, or cause the
26project to be used, as a project, upon terms providing for

 

 

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1lease rental payments at least sufficient to pay, when due,
2all principal of and interest and premium, if any, on any
3bonds, notes, or other evidences of indebtedness of the
4Authority, issued with respect to the project, providing for
5the maintenance, insurance, and operation of the project on
6terms satisfactory to the Authority and providing for
7disposition of the project upon termination of the lease term,
8including purchase options or abandonment of the premises,
9with other terms as may be deemed desirable by the Authority.
10    "Loan agreement" means any agreement in which the
11Authority agrees to loan the proceeds of its bonds, notes, or
12other evidences of indebtedness, issued with respect to a
13project, to any person or corporation which will use or cause
14the project to be used as a project, upon terms providing for
15loan repayment installments at least sufficient to pay, when
16due, all principal of and interest and premium, if any, on any
17bonds, notes, or other evidences of indebtedness of the
18Authority issued with respect to the project, providing for
19maintenance, insurance, and operation of the project on terms
20satisfactory to the Authority and providing for other terms
21deemed advisable by the Authority.
22    "Financial aid" means the expenditure of Authority funds
23or funds provided by the Authority for the development,
24construction, acquisition or improvement of a project, through
25the issuance of revenue bonds, notes, or other evidences of
26indebtedness.

 

 

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1    "Costs incurred in connection with the development,
2construction, acquisition or improvement of a project" means
3the following:
4        (1) the cost of purchase and construction of all lands
5    and improvements in connection therewith and equipment and
6    other property, rights, easements, and franchises acquired
7    which are deemed necessary for the construction;
8        (2) financing charges;
9        (3) interest costs with respect to bonds, notes, and
10    other evidences of indebtedness of the Authority prior to
11    and during construction and for a period of 6 months
12    thereafter;
13        (4) engineering and legal expenses; and
14        (5) the costs of plans, specifications, surveys, and
15    estimates of costs and other expenses necessary or
16    incident to determining the feasibility or practicability
17    of any project, together with such other expenses as may
18    be necessary or incident to the financing, insuring,
19    acquisition, and construction of a specific project and
20    the placing of the same in operation.
21(Source: P.A. 98-750, eff. 1-1-15.)
 
22    (70 ILCS 506/15)
23    Sec. 15. Creation.
24    (a) There is created a political subdivision, body
25politic, and municipal corporation named the Eastern Illinois

 

 

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1Economic Development Authority. The territorial jurisdiction
2of the Authority is that geographic area within the boundaries
3of the following counties: Ford, Iroquois, Piatt, Champaign,
4Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar and any
5navigable waters and air space located therein.
6    (b) The governing and administrative powers of the
7Authority shall be vested in a body consisting of 14 members as
8follows:
9        (1) Ex officio members. The Director of Commerce and
10    Economic Opportunity, or a designee of that Department,
11    shall serve as an ex officio member.
12        (2) Public members. Three members shall be appointed
13    by the Governor with the advice and consent of the Senate.
14    The county board chairperson of the following counties
15    shall each appoint one member: Ford, Iroquois, Piatt,
16    Champaign, Vermilion, Douglas, Moultrie, Shelby, Coles,
17    and Edgar. All public members shall reside within the
18    territorial jurisdiction of the Authority. The public
19    members shall be persons of recognized ability and
20    experience in one or more of the following areas: economic
21    development, finance, banking, industrial development,
22    state or local government, commercial agriculture, small
23    business management, real estate development, community
24    development, venture finance, organized labor, or civic or
25    community organization.
26    (c) A majority of the members appointed under item (2) of

 

 

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1subsection (b) of this Section shall constitute a quorum, and
2the Board may not meet or take any action without a quorum
3present.
4    (d) The chairperson of the Authority shall be elected
5annually by the Board and must be a public member that resides
6within the territorial jurisdiction of the Authority.
7    (e) The terms of all initial members of the Authority
8shall begin 30 days after the effective date of this Act. Of
9the 3 original public members appointed by the Governor, 1
10shall serve until the third Monday in January, 2006; 1 shall
11serve until the third Monday in January, 2007; 1 shall serve
12until the third Monday in January, 2008. The initial terms of
13the original public members appointed by the county board
14chairpersons shall be determined by lot, according to the
15following schedule: (i) 2 shall serve until the third Monday
16in January, 2006, (ii) 2 shall serve until the third Monday in
17January, 2007, (iii) 2 shall serve until the third Monday in
18January, 2008, (iv) 2 shall serve until the third Monday in
19January, 2009, and (v) 2 shall serve until the third Monday in
20January, 2010. All successors to these original public members
21shall be appointed by the original appointing authority and
22all appointments made by the Governor shall be made with the
23advice and consent of the Senate, pursuant to subsection (b),
24and shall hold office for a term of 6 years commencing the
25third Monday in January of the year in which their term
26commences, except in the case of an appointment to fill a

 

 

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1vacancy. Vacancies occurring among the public members shall be
2filled for the remainder of the term. In case of vacancy in a
3Governor-appointed membership when the Senate is not in
4session, the Governor may make a temporary appointment until
5the next meeting of the Senate when a person shall be nominated
6to fill the office and, upon confirmation by the Senate, he or
7she shall hold office during the remainder of the term and
8until a successor is appointed and qualified. Members of the
9Authority are not entitled to compensation for their services
10as members but are entitled to reimbursement for all necessary
11expenses incurred in connection with the performance of their
12duties as members.
13    (f) The Governor or a county board chairperson, as the
14case may be, may remove any public member of the Authority in
15case of incompetence, neglect of duty, or malfeasance in
16office. The chairperson of a county board may remove any
17public member appointed by that chairperson in the case of
18incompetence, neglect of duty, or malfeasance in office.
19    (g) The Board shall appoint an Executive Director who
20shall have a background in finance, including familiarity with
21the legal and procedural requirements of issuing bonds, real
22estate, or economic development and administration. The
23Executive Director shall hold office at the discretion of the
24Board. The Executive Director shall be the chief
25administrative and operational officer of the Authority, shall
26direct and supervise its administrative affairs and general

 

 

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1management, perform such other duties as may be prescribed
2from time to time by the members, and receive compensation
3fixed by the Authority. The Department of Commerce and
4Economic Opportunity shall pay the compensation of the
5Executive Director from appropriations received for that
6purpose. The Executive Director shall attend all meetings of
7the Authority. However, no action of the Authority shall be
8invalid on account of the absence of the Executive Director
9from a meeting. The Authority may engage the services of the
10Illinois Finance Authority, attorneys, appraisers, engineers,
11accountants, credit analysts, and other consultants if the
12Eastern Illinois Economic Development Authority deems it
13advisable.
14(Source: P.A. 94-203, eff. 7-13-05; 95-854, eff. 8-18-08.)
 
15    (70 ILCS 506/21 new)
16    Sec. 21. Requests for assistance; disclosure of economic
17interests.
18    (a) The Authority may not hear a request for assistance
19from a restricted person. This prohibition extends to business
20relationships between a person who is an Authority leader
21within one year prior to the request for assistance and to any
22entity in which a restricted person holds or, within the past 2
23years, held an ownership interest of 10% or more.
24    (b) An Authority leader shall disclose and recuse himself
25or herself from matters relating to requests for assistance

 

 

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1from an entity that is relocating full-time employees from
2another Authority's counties if (i) both Authorities contract
3with or employ the same Authority leader or (ii) there is or,
4within the past 2 years of the request, there was a business
5relationship between the Authority leaders at the 2
6Authorities.
7    (c) The Board of the Authority shall vote to renew the
8appointment of the Executive Director and other Authority
9leaders on an annual basis. All contracts shall be approved on
10an annual basis and use a public process to solicit
11applications. This requirement does not apply to full-time
12employees of the Authority unless otherwise required by
13applicable State law or local ordinance.
14    (d) Each Authority leader shall submit a statement of
15economic interest in accordance with Article 4A of the
16Illinois Governmental Ethics Act. Additionally, each Authority
17leader shall disclose to the Board outside sources of income
18and any business relationships in economic development
19consulting or lobbying. Reporting shall include the source of
20income, services provided, and timeline of when services were
21provided. If the source of income is a firm or organization
22with multiple clients, the report shall list all of the
23entities for which the individual provided services.
 
24    (70 ILCS 506/22 new)
25    Sec. 22. Open meetings; record disclosure.

 

 

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1    (a) The Authority is subject to the Open Meetings Act and
2the Freedom of Information Act. Documents subject to the
3Freedom of Information Act include, but are not limited to,
4expenses, payroll, origination bonuses, and other financial
5details of the Authority.
6    (b) A contract or agreement entered into by the Authority
7must be posted on the Authority's website. The Authority shall
8provide a detailed report of the Authority's financial
9information on the Authority's website, including, but not
10limited to, a statement of profits and losses, balance sheet,
11and income statement of the Authority.
 
12    (70 ILCS 506/70)
13    Sec. 70. Reports; commitment notice. The Authority shall
14annually submit a report of its finances to the Auditor
15General. The Authority shall annually submit a report of its
16activities to the Governor and to the General Assembly.
17    The Authority shall provide notice to the General
18Assembly, the Department of Commerce and Economic Opportunity,
19and the Governor once the Authority enters into a commitment
20to support the financing of a project. The notice to the
21General Assembly shall be filed with the Clerk of the House of
22Representatives and the Secretary of the Senate, in electronic
23form only, in the manner that the Clerk and the Secretary shall
24direct.
25(Source: P.A. 94-203, eff. 7-13-05.)
 

 

 

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1    Section 25. The Joliet Arsenal Development Authority Act
2is amended by changing Section 50 and by adding Sections
310.75, 10.80, 20, 21, and 22 as follows:
 
4    (70 ILCS 508/10.75 new)
5    Sec. 10.75. Authority leader. "Authority leader" means the
6Executive Director, Assistant Executive Director, or any other
7person serving in a management, administrative, or leadership
8role at the Authority.
 
9    (70 ILCS 508/10.80 new)
10    Sec. 10.80. Restricted person. "Restricted person" means a
11person who has a familial or business relationship with an
12Authority leader.
 
13    (70 ILCS 508/20)
14    Sec. 20. Actions of the Authority. All official acts of
15the Authority shall require the affirmative vote of at least 6
16members of the Board at a meeting of the Board at which the
17members casting those affirmative votes are present. It is the
18duty of the Authority to promote development within its
19territorial jurisdiction. The Authority shall use the powers
20conferred on it by this Act to assist in the development,
21construction, and acquisition of industrial or commercial
22projects within its territorial jurisdiction.

 

 

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1    6 members shall constitute a quorum, and the Board may not
2meet or take any action without a quorum present.
3(Source: P.A. 89-333, eff. 8-17-95.)
 
4    (70 ILCS 508/21 new)
5    Sec. 21. Requests for assistance; disclosure of economic
6interests.
7    (a) The Authority may not hear a request for assistance
8from a restricted person. This prohibition extends to business
9relationships between a person who is an Authority leader
10within one year prior to the request for assistance and to any
11entity in which a restricted person holds or, within the past 2
12years, held an ownership interest of 10% or more.
13    (b) An Authority leader shall disclose and recuse himself
14or herself from matters relating to requests for assistance
15from an entity that is relocating full-time employees from
16another Authority's counties if (i) both Authorities contract
17with or employ the same Authority leader or (ii) there is or,
18within the past 2 years of the request, there was a business
19relationship between the Authority leaders at the 2
20Authorities.
21    (c) The Board of the Authority shall vote to renew the
22appointment of the Executive Director and other Authority
23leaders on an annual basis. All contracts shall be approved on
24an annual basis and use a public process to solicit
25applications. This requirement does not apply to full-time

 

 

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1employees of the Authority unless otherwise required by
2applicable State law or local ordinance.
3    (d) Each Authority leader shall submit a statement of
4economic interest in accordance with Article 4A of the
5Illinois Governmental Ethics Act. Additionally, each Authority
6leader shall disclose to the Board outside sources of income
7and any business relationships in economic development
8consulting or lobbying. Reporting shall include the source of
9income, services provided, and timeline of when services were
10provided. If the source of income is a firm or organization
11with multiple clients, the report shall list all of the
12entities for which the individual provided services.
 
13    (70 ILCS 508/22 new)
14    Sec. 22. Open meetings; record disclosure.
15    (a) The Authority is subject to the Open Meetings Act and
16the Freedom of Information Act. Documents subject to the
17Freedom of Information Act include, but are not limited to,
18expenses, payroll, origination bonuses, and other financial
19details of the Authority.
20    (b) A contract or agreement entered into by the Authority
21must be posted on the Authority's website. The Authority shall
22provide a detailed report of the Authority's financial
23information on the Authority's website, including, but not
24limited to, a statement of profits and losses, balance sheet,
25and income statement of the Authority.
 

 

 

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1    (70 ILCS 508/50)
2    Sec. 50. Reports; commitment notice. The Authority shall
3annually submit a report of its finances to the Auditor
4General. The Authority shall annually submit a report of its
5activities to the Governor and General Assembly.
6    The Authority shall provide notice to the General
7Assembly, the Department of Commerce and Economic Opportunity,
8and the Governor once the Authority enters into a commitment
9to support the financing of a project. The notice to the
10General Assembly shall be filed with the Clerk of the House of
11Representatives and the Secretary of the Senate, in electronic
12form only, in the manner that the Clerk and the Secretary shall
13direct.
14(Source: P.A. 89-333, eff. 8-17-95.)
 
15    Section 30. The Quad Cities Regional Economic Development
16Authority Act, approved September 22, 1987 is amended by
17changing Sections 3, 4, 5, 6, and 14 as follows:
 
18    (70 ILCS 510/3)  (from Ch. 85, par. 6203)
19    Sec. 3. The following terms, whenever used or referred to
20in this Act, shall have the following meanings, except in such
21instances where the context may clearly indicate otherwise:
22    (a) "Authority" means the Quad Cities Regional Economic
23Development Authority created by this Act.

 

 

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1    (a-5) "Authority leader" means the Executive Director,
2Assistant Executive Director, or any other person serving in a
3management, administrative, or leadership role at the
4Authority.
5    (b) "Governmental agency" means any federal, State or
6local governmental body, and any agency or instrumentality
7thereof, corporate or otherwise.
8    (c) "Person" means any natural person, firm, partnership,
9corporation, both domestic and foreign, company, association
10or joint stock association and includes any trustee, receiver,
11assignee or personal representative thereof.
12    (c-5) "Restricted person" means a person who has a
13familial or business relationship with an Authority leader.
14    (d) "Revenue bond" means any bond issued by the Authority
15the principal and interest of which is payable solely from
16revenues or income derived from any project or activity of the
17Authority.
18    (e) "Board" means the Quad Cities Regional Economic
19Development Authority Board of Directors.
20    (f) "Governor" means the Governor of the State of
21Illinois.
22    (g) "City" means any city, village, incorporated town or
23township within the geographical territory of the Authority.
24    (h) "Industrial project" means (1) a capital project,
25including one or more buildings and other structures,
26improvements, machinery and equipment whether or not on the

 

 

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1same site or sites now existing or hereafter acquired,
2suitable for use by any manufacturing, industrial, research,
3transportation or commercial enterprise including but not
4limited to use as a factory, mill, processing plant, assembly
5plant, packaging plant, fabricating plant, office building,
6industrial distribution center, warehouse, repair, overhaul or
7service facility, freight terminal, research facility, test
8facility, railroad facility, solid waste and wastewater
9treatment and disposal sites and other pollution control
10facilities, resource or waste reduction, recovery, treatment
11and disposal facilities, and including also the sites thereof
12and other rights in land therefor whether improved or
13unimproved, site preparation and landscaping and all
14appurtenances and facilities incidental thereto such as
15utilities, access roads, railroad sidings, truck docking and
16similar facilities, parking facilities, dockage, wharfage,
17railroad roadbed, track, trestle, depot, terminal, switching
18and signaling equipment or related equipment and other
19improvements necessary or convenient thereto; or (2) any land,
20buildings, machinery or equipment comprising an addition to or
21renovation, rehabilitation or improvement of any existing
22capital project.
23    (i) "Housing project" or "residential project" includes a
24specific work or improvement undertaken to provide dwelling
25accommodations, including the acquisition, construction or
26rehabilitation of lands, buildings and community facilities

 

 

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1and in connection therewith to provide nonhousing facilities
2which are an integral part of a planned large-scale project or
3new community.
4    (j) "Commercial project" means any project, including but
5not limited to one or more buildings and other structures,
6improvements, machinery and equipment whether or not on the
7same site or sites now existing or hereafter acquired,
8suitable for use by any retail or wholesale concern,
9distributorship or agency, any cultural facilities of a
10for-profit or not-for-profit type including but not limited to
11educational, theatrical, recreational and entertainment,
12sports facilities, racetracks, stadiums, convention centers,
13exhibition halls, arenas, opera houses and theaters,
14waterfront improvements, swimming pools, boat storage,
15moorage, docking facilities, restaurants, velodromes,
16coliseums, sports training facilities, parking facilities,
17terminals, hotels and motels, gymnasiums, medical facilities
18and port facilities.
19    (k) "Project" means an industrial, housing, residential,
20commercial or service project or any combination thereof
21provided that all uses shall fall within one of the categories
22described above. Any project, of any nature whatsoever, shall
23automatically include all site improvements and new
24construction involving sidewalks, sewers, solid waste and
25wastewater treatment and disposal sites and other pollution
26control facilities, resource or waste reduction, recovery,

 

 

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1treatment and disposal facilities, parks, open spaces,
2wildlife sanctuaries, streets, highways and runways.
3    (l) "Lease agreement" shall mean an agreement whereby a
4project acquired by the Authority by purchase, gift or lease
5is leased to any person or corporation which will use or cause
6the project to be used as a project as heretofore defined upon
7terms providing for lease rental payments at least sufficient
8to pay when due all principal of and interest and premium, if
9any, on any bonds, notes or other evidences of indebtedness of
10the Authority issued with respect to such project, providing
11for the maintenance, insurance and operation of the project on
12terms satisfactory to the Authority and providing for
13disposition of the project upon termination of the lease term,
14including purchase options or abandonment of the premises,
15with such other terms as may be deemed desirable by the
16Authority.
17    (m) "Loan agreement" means any agreement pursuant to which
18the Authority agrees to loan the proceeds of its bonds, notes
19or other evidences of indebtedness issued with respect to a
20project to any person or corporation which will use or cause
21the project to be used as a project as heretofore defined upon
22terms providing for loan repayment installments at least
23sufficient to pay when due all principal of and interest and
24premium, if any, on any bonds, notes or other evidences of
25indebtedness of the Authority issued with respect to the
26project, providing for maintenance, insurance and operation of

 

 

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1the project on terms satisfactory to the Authority and
2providing for other matters as may be deemed advisable by the
3Authority.
4    (n) "Financial aid" means the expenditure of Authority
5funds or funds provided by the Authority through the issuance
6of its revenue bonds, notes or other evidences of indebtedness
7for the development, construction, acquisition or improvement
8of a project.
9    (o) "Costs incurred in connection with the development,
10construction, acquisition or improvement of a project" means
11the following: the cost of purchase and construction of all
12lands and improvements in connection therewith and equipment
13and other property, rights, easements and franchises acquired
14which are deemed necessary for such construction; financing
15charges; interest costs with respect to bonds, notes and other
16evidences of indebtedness of the Authority prior to and during
17construction and for a period of 6 months thereafter;
18engineering and legal expenses; the costs of plans,
19specifications, surveys and estimates of costs and other
20expenses necessary or incident to determining the feasibility
21or practicability of any project, together with such other
22expenses as may be necessary or incident to the financing,
23insuring, acquisition and construction of a specific project
24and the placing of the same in operation.
25    (p) "Terminal" means a public place, station or depot for
26receiving and delivering passengers, baggage, mail, freight or

 

 

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1express matter and any combination thereof in connection with
2the transportation of persons and property on water or land or
3in the air.
4    (q) "Terminal facilities" means all land, buildings,
5structures, improvements, equipment and appliances useful in
6the operation of public warehouse, storage and transportation
7facilities and industrial, manufacturing or commercial
8activities for the accommodation of or in connection with
9commerce by water or land or in the air or useful as an aid, or
10constituting an advantage or convenience to, the safe landing,
11taking off and navigation of aircraft or the safe and
12efficient operation or maintenance of a public airport.
13    (r) "Port facilities" means all public structures, except
14terminal facilities as defined herein, that are in, over,
15under or adjacent to navigable waters and are necessary for or
16incident to the furtherance of water commerce and includes the
17widening and deepening of slips, harbors and navigable waters.
18    (s) "Airport" means any locality, either land or water,
19which is used or designed for the landing and taking off of
20aircraft or for the location of runways, landing fields,
21aerodromes, hangars, buildings, structures, airport roadways
22and other facilities.
23(Source: P.A. 85-713.)
 
24    (70 ILCS 510/4)  (from Ch. 85, par. 6204)
25    Sec. 4.     (a) There is hereby created a political

 

 

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1subdivision, body politic and municipal corporation named the
2Quad Cities Regional Economic Development Authority. The
3territorial jurisdiction of the Authority is that geographic
4area within the boundaries of Jo Daviess, Carroll, Whiteside,
5Stephenson, Lee, Rock Island, Henry, Knox, and Mercer,
6Winnebago, and Boone counties in the State of Illinois and any
7navigable waters and air space located therein.
8    (b) The governing and administrative powers of the
9Authority shall be vested in a body consisting of 18 16 members
10including, as an ex officio member, the Director of Commerce
11and Economic Opportunity, or his or her designee. The other
12members of the Authority shall be designated "public members",
136 of whom shall be appointed by the Governor with the advice
14and consent of the Senate. Of the 6 members appointed by the
15Governor, one shall be from a city within the Authority's
16territory with a population of 25,000 or more and the
17remainder shall be appointed at large. Of the 6 members
18appointed by the Governor, 2 members shall have business or
19finance experience. One member shall be appointed by each of
20the county board chairmen of Rock Island, Henry, Knox, and
21Mercer, Winnebago, and Boone Counties with the advice and
22consent of the respective county board. Within 60 days after
23the effective date of this amendatory Act of the 97th General
24Assembly, one additional public member shall be appointed by
25each of the county board chairpersons of Jo Daviess, Carroll,
26Whiteside, Stephenson, and Lee counties with the advice and

 

 

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1consent of the respective county board. Of the public members
2added by this amendatory Act of the 97th General Assembly, one
3shall serve for a one-year term, 2 shall serve for 2-year
4terms, and 2 shall serve for 3-year terms, to be determined by
5lot. Their successors shall serve for 3-year terms. Within 60
6days after the effective date of this amendatory Act of the
7103rd General Assembly, one additional public member shall be
8appointed by each of the county board chairperson of Winnebago
9and Boone counties with the advice and consent of the
10respective county board. Of the public members added by this
11amendatory Act of the 103rd General Assembly, one shall serve
12for a 2-year term and one shall serve for a 3-year term, to be
13determined by lot. Their successors shall serve for 3-year
14terms. All public members shall reside within the territorial
15jurisdiction of this Act. Ten Nine members shall constitute a
16quorum, and the Board may not meet or take any action without a
17quorum present. The public members shall be persons of
18recognized ability and experience in one or more of the
19following areas: economic development, finance, banking,
20industrial development, small business management, real estate
21development, community development, venture finance, organized
22labor or civic, community or neighborhood organization. The
23Chairman of the Authority shall be a public member elected by
24the affirmative vote of not fewer than 10 6 members of the
25Authority, except that any chairperson elected on or after the
26effective date of this amendatory Act of the 97th General

 

 

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1Assembly shall be elected by the affirmative vote of not fewer
2than 9 members. The term of the Chairman shall be one year.
3    (c) The terms of the initial members of the Authority
4shall begin 30 days after the effective date of this Act,
5except (i) the terms of those members added by this amendatory
6Act of 1989 shall begin 30 days after the effective date of
7this amendatory Act of 1989 and (ii) the terms of those members
8added by this amendatory Act of the 92nd General Assembly
9shall begin 30 days after the effective date of this
10amendatory Act of the 92nd General Assembly. Of the 10 public
11members appointed pursuant to this Act, 2 (one of whom shall be
12appointed by the Governor) shall serve until the third Monday
13in January, 1989, 2 (one of whom shall be appointed by the
14Governor) shall serve until the third Monday in January, 1990,
152 (one of whom shall be appointed by the Governor) shall serve
16until the third Monday in January, 1991, 2 (both of whom shall
17be appointed by the Governor) shall serve until the third
18Monday in January, 1992, and 2 (one of whom shall be appointed
19by the Governor and one of whom shall be appointed by the
20county board chairman of Knox County) shall serve until the
21third Monday in January, 2004. The initial terms of the
22members appointed by the county board chairmen (other than the
23county board chairman of Knox County) shall be determined by
24lot. All successors shall be appointed by the original
25appointing authority and hold office for a term of 3 years
26commencing the third Monday in January of the year in which

 

 

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1their term commences, except in case of an appointment to fill
2a vacancy. Vacancies occurring among the public members shall
3be filled for the remainder of the term. In case of vacancy in
4a Governor-appointed membership when the Senate is not in
5session, the Governor may make a temporary appointment until
6the next meeting of the Senate when a person shall be nominated
7to fill such office, and any person so nominated who is
8confirmed by the Senate shall hold office during the remainder
9of the term and until a successor shall be appointed and
10qualified. Members of the Authority shall not be entitled to
11compensation for their services as members but shall be
12entitled to reimbursement for all necessary expenses incurred
13in connection with the performance of their duties as members.
14    (d) The Governor may remove any public member of the
15Authority appointed by the Governor in case of incompetency,
16neglect of duty, or malfeasance in office. The Chairman of a
17county board may remove any public member of the Authority
18appointed by such Chairman in the case of incompetency,
19neglect of duty, or malfeasance in office.
20    (e) The Board shall appoint an Executive Director who
21shall have a background in finance, including familiarity with
22the legal and procedural requirements of issuing bonds, real
23estate or economic development and administration. The
24Executive Director shall hold office at the discretion of the
25Board. The Executive Director shall be the chief
26administrative and operational officer of the Authority, shall

 

 

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1direct and supervise its administrative affairs and general
2management, shall perform such other duties as may be
3prescribed from time to time by the members and shall receive
4compensation fixed by the Authority. The Authority may engage
5the services of such other agents and employees, including
6attorneys, appraisers, engineers, accountants, credit analysts
7and other consultants, as it may deem advisable and may
8prescribe their duties and fix their compensation.
9    (f) The Board shall create a task force to study and make
10recommendations to the Board on the economic development of
11the territory within the jurisdiction of this Act. The number
12of members constituting the task force shall be set by the
13Board and may vary from time to time. The Board may set a
14specific date by which the task force is to submit its final
15report and recommendations to the Board.
16(Source: P.A. 97-278, eff. 8-8-11; 98-463, eff. 8-16-13.)
 
17    (70 ILCS 510/5)  (from Ch. 85, par. 6205)
18    Sec. 5. Conflicts of interest; requests for assistance;
19disclosure of economic interests. Interest. Members or
20employees of authority - conflicting relations or interests -
21effects.
22    (a) No member of the Authority or officer, agent or
23employee thereof other than the representatives of a
24professional sports team shall, in his or her own name or in
25the name of a nominee, be an officer, director or hold an

 

 

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1ownership interest of more than 7-1/2% in any person,
2association, trust, corporation, partnership or other entity
3which is, in its own name or in the name of a nominee, a party
4to a contract or agreement upon which the member or officer,
5agent or employee may be called upon to act or vote.
6    (b) With respect to any direct or any indirect interest,
7other than an interest prohibited in subsection (a), in a
8contract or agreement upon which the member or officer, agent
9or employee may be called upon to act or vote, a member of the
10Authority or officer, agent or employee thereof shall disclose
11the same to the secretary of the Authority prior to the taking
12of final action by the Authority concerning such contract or
13agreement and shall so disclose the nature and extent of such
14interest and his or her acquisition thereof, which disclosures
15shall be publicly acknowledged by the Authority and entered
16upon the minutes of the Authority. If a member of the Authority
17or officer, agent or employee thereof holds such an interest
18then he or she shall refrain from any further official
19involvement in regard to such contract or agreement, from
20voting on any matter pertaining to such contract or agreement,
21and from communicating with other members of the Authority or
22its officers, agents and employees concerning said contract or
23agreement. Notwithstanding any other provision of law, any
24contract or agreement entered into in conformity with this
25subsection (b) shall not be void or invalid by reason of the
26interest described in this subsection, nor shall any person so

 

 

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1disclosing the interest and refraining from further official
2involvement as provided in this subsection be guilty of an
3offense, be removed from office or be subject to any other
4penalty on account of such interest.
5    (c) Any contract or agreement made in violation of
6subsection (a) or (b) of this Section shall be null and void
7and give rise to no action against the Authority. No real
8estate to which a member or employee of the Authority holds
9legal title or in which such person has any beneficial
10interest, including any interest in a land trust, shall be
11purchased by the Authority or by a nonprofit corporation or
12limited-profit entity for a development to be financed under
13this Act. All members and employees of the Authority shall
14file annually with the Authority a record of all real estate in
15this State of which such person holds legal title or in which
16such person has any beneficial interest, including any
17interest in a land trust. In the event it is later disclosed
18that the Authority has purchased real estate in which a member
19or employee had an interest, such purchase shall be voidable
20by the Authority and the member or employee involved shall be
21disqualified from membership in or employment by the
22Authority.
23    (d) The Authority may not hear a request for assistance
24from a restricted person. This prohibition extends to business
25relationships between a person who is an Authority leader
26within one year prior to the request for assistance and to any

 

 

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1entity in which a restricted person holds or, within the past 2
2years, held an ownership interest of 10% or more.
3    (e) An Authority leader shall disclose and recuse himself
4or herself from matters relating to requests for assistance
5from an entity that is relocating full-time employees from
6another Authority's counties if (i) both Authorities contract
7with or employ the same Authority leader or (ii) there is or,
8within the past 2 years of the request, there was a business
9relationship between the Authority leaders at the 2
10Authorities.
11    (f) The Board of the Authority shall vote to renew the
12appointment of the Executive Director and other Authority
13leaders on an annual basis. All contracts shall be approved on
14an annual basis and use a public process to solicit
15applications. This requirement does not apply to full-time
16employees of the Authority unless otherwise required by
17applicable State law or local ordinance.
18    (g) Each Authority leader shall submit a statement of
19economic interest in accordance with Article 4A of the
20Illinois Governmental Ethics Act. Additionally, each Authority
21leader shall disclose to the Board outside sources of income
22and any business relationships in economic development
23consulting or lobbying. Reporting shall include the source of
24income, services provided, and timeline of when services were
25provided. If the source of income is a firm or organization
26with multiple clients, the report shall list all of the

 

 

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1entities for which the individual provided services.
2(Source: P.A. 85-713.)
 
3    (70 ILCS 510/6)  (from Ch. 85, par. 6206)
4    Sec. 6. Records, and reports, and notices of the
5Authority. The secretary shall keep a record of the
6proceedings of the Authority. The treasurer of the Authority
7shall be custodian of all Authority funds, and shall be bonded
8in such amount as the other members of the Authority may
9designate. The accounts and bonds of the Authority shall be
10set up and maintained in a manner approved by the Auditor
11General, and the Authority shall file with the Auditor General
12a certified annual report within 120 days after the close of
13its fiscal year. The Authority shall also file with the
14Governor, the Secretary of the Senate, the Clerk of the House
15of Representatives, and the Commission on Government
16Forecasting and Accountability, by March 1 of each year, a
17written report covering its activities and any activities of
18any instrumentality corporation established pursuant to this
19Act for the previous fiscal year. In its report to be filed by
20March 1, 1988, the Authority shall present an economic
21development strategy for the Quad Cities region for the year
22beginning July 1, 1988 and for the 4 years next ensuing. In
23each annual report thereafter, the Authority shall make
24modifications in such economic development strategy for the 4
25years beginning on the next ensuing July 1, to reflect changes

 

 

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1in economic conditions or other factors, including the
2policies of the Authority and the State of Illinois. It also
3shall present an economic development strategy for the fifth
4year beginning after the next ensuing July 1. The strategy
5shall recommend specific legislative and administrative action
6by the State, the Authority, units of local government or
7other governmental agencies. Such recommendations may include,
8but are not limited to, new programs, modifications to
9existing programs, credit enhancements for bonds issued by the
10Authority, and amendments to this Act. When filed, such report
11shall be a public record and open for inspection at the offices
12of the Authority during normal business hours.
13    The Authority is subject to the Open Meetings Act and the
14Freedom of Information Act. Documents subject to the Freedom
15of Information Act include, but are not limited to, expenses,
16payroll, origination bonuses, and other financial details of
17the Authority.
18    A contract or agreement entered into by the Authority must
19be posted on the Authority's website. The Authority shall
20provide a detailed report of the Authority's financial
21information on the Authority's website, including, but not
22limited to, a statement of profits and losses, balance sheet,
23and income statement of the Authority.
24    The Authority shall provide notice to the General
25Assembly, the Department of Commerce and Economic Opportunity,
26and the Governor once the Authority enters into a commitment

 

 

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1to support the financing of a project. The notice to the
2General Assembly shall be filed with the Clerk of the House of
3Representatives and the Secretary of the Senate, in electronic
4form only, in the manner that the Clerk and the Secretary shall
5direct.
6(Source: P.A. 100-1148, eff. 12-10-18.)
 
7    (70 ILCS 510/14)  (from Ch. 85, par. 6214)
8    Sec. 14. Additional powers and duties.
9    (a) The Authority may, but need not, acquire title to any
10project with respect to which it exercises its authority.
11    (b) The Authority shall have the power to enter into
12intergovernmental agreements with the State of Illinois, the
13counties of Jo Daviess, Carroll, Whiteside, Stephenson, Lee,
14Knox, Winnebago, Boone, Rock Island, Henry, or Mercer, the
15State of Iowa or any authority established by the State of
16Iowa, the Illinois Finance Authority, the Illinois Housing
17Development Authority, the United States government and any
18agency or instrumentality of the United States, any unit of
19local government located within the territory of the Authority
20or any other unit of government to the extent allowed by
21Article VII, Section 10 of the Illinois Constitution and the
22Intergovernmental Cooperation Act.
23    (c) The Authority shall have the power to share employees
24with other units of government, including agencies of the
25United States, agencies of the State of Illinois and agencies

 

 

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1or personnel of any unit of local government.
2    (d) The Authority shall have the power to exercise powers
3and issue bonds as if it were a municipality so authorized in
4Divisions 12.1, 74, 74.1, 74.3 and 74.5 of Article 11 of the
5Illinois Municipal Code.
6(Source: P.A. 93-205, eff. 1-1-04.)"; and
 
7    Section 35. The Riverdale Development Authority Act is
8amended by changing Sections 10, 15, and 45 and by adding
9Sections 21 and 22 as follows:
 
10    (70 ILCS 516/10)
11    Sec. 10. Definitions. In this Act words and phrases have
12the meanings set forth in this Section.
13        "Authority" means the Riverdale Development Authority
14    created by this Act.
15        "Authority leader" means the Executive Director,
16    Assistant Executive Director, or any other person serving
17    in a management, administrative, or leadership role at the
18    Authority.
19        "Board" means the Board of Directors of the Authority.
20        "Costs incurred in connection with the development,
21    construction, acquisition, or improvement of a project"
22    means: the cost of purchase and construction of all lands
23    and related improvements, together with the equipment and
24    other property, rights, easements, and franchises acquired

 

 

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1    that are deemed necessary for the construction; the costs
2    of environmental suits, studies and analyses and
3    subsequent clean-up activities necessary to qualify the
4    area as needing no further remediation; financing charges;
5    interest costs with respect to revenue bonds, notes, and
6    other evidences of indebtedness of the Authority prior to
7    and during construction and for a period of 36 months
8    thereafter; engineering and legal expenses; the costs of
9    plans, specifications, surveys, and estimates of costs and
10    other expenses necessary or incident to determining the
11    feasibility or practicability of any project, together
12    with such other expenses as may be necessary or incident
13    to the financing, insuring, acquisition, and construction
14    of a specific project and the placing of the project in
15    operation.
16        "Financial aid" means the expenditure of Authority
17    funds or funds provided by the Authority through the
18    issuance of its revenue bonds, notes, or other evidences
19    of indebtedness for the development, construction,
20    acquisition, or improvement of a project.
21        "Governmental agency" means any federal, State, county
22    or local governmental body, and any agency or
23    instrumentality thereof, corporate or otherwise.
24        "Lease agreement" means an agreement under which a
25    project acquired by the Authority by purchase, gift, or
26    lease is leased to any person or governmental agency that

 

 

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1    will use or cause the project to be used as a project upon
2    terms providing for lease rental payments at least
3    sufficient to pay when due the lessee's pro rata share of
4    all principal and interest and premium, if any, on any
5    revenue bonds, notes, or other evidences of indebtedness
6    of the Authority issued with respect to the project,
7    providing for the maintenance, insurance, and operation of
8    the project on terms satisfactory to the Authority, and
9    providing for disposition of the project upon termination
10    of the lease term, including purchase options or
11    abandonment of the premises, with such other terms as may
12    be deemed desirable by the Authority.
13        "Loan agreement" means any agreement by which the
14    Authority agrees to loan the proceeds of its revenue
15    bonds, notes, or other evidences of indebtedness issued
16    with respect to a project to any person or governmental
17    agency that will use or cause the project to be used as a
18    project upon terms providing for loan repayment
19    installments at least sufficient to pay when due the
20    borrower's pro rata share of all principal of and interest
21    and premium, if any, on any revenue bonds, notes, or other
22    evidences of indebtedness of the Authority issued with
23    respect to the project, providing for maintenance,
24    insurance, and operation of the project on terms
25    satisfactory to the Authority, and providing for other
26    matters as may be deemed advisable by the Authority.

 

 

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1        "Person" includes without limitation an individual,
2    corporation, partnership, unincorporated association, and
3    any other legal entity, including a trustee, receiver,
4    assignee, or personal representative of the entity.
5        "Project" means an industrial, commercial,
6    freight-oriented or residential project or any combination
7    thereof provided that all uses shall fall within one of
8    those categories, including but not limited to one or more
9    buildings and other structures, improvements, machinery
10    and equipment whether or not on the same site or any land,
11    buildings, machinery, or equipment comprising an addition
12    to or renovation, rehabilitation, or improvement of any
13    existing capital project. Any project shall automatically
14    include all site improvements and new construction
15    involving sidewalks, sewers, landscaping and all
16    appurtenances and facilities incidental thereto such as
17    utilities, access roads, railroad sidings, truck docking,
18    and similar facilities, parking facilities, railroad
19    roadbed, track, trestle, depot, terminal, intermodal
20    facilities, switching and signaling equipment, or related
21    equipment and other improvements necessary or convenient
22    thereto, solid waste and wastewater treatment and disposal
23    sites and other pollution control facilities, resource or
24    waste reduction, recovery, treatment, and disposal
25    facilities, open spaces, streets, highways, and runways.
26        "Restricted person" means a person who has a familial

 

 

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1    or business relationship with an Authority leader.
2        "Revenue bond" or "bond" means any bond issued by the
3    Authority under the supervision of the Illinois Finance
4    Authority, the principal and interest of which are payable
5    solely from revenues or income derived from any project or
6    activity of the Authority.
7        "Terminal" means a public place, station, or depot for
8    receiving and delivering passengers, baggage, mail,
9    freight, or express matter and any combination thereof in
10    connection with the transportation of persons and property
11    on land.
12        "Terminal facilities" means all land, buildings,
13    structures, improvements, equipment, and appliances useful
14    in the operation of public warehouse, storage, and
15    transportation facilities and industrial, manufacturing,
16    or commercial activities for the accommodation of or in
17    connection with commerce by land.
18(Source: P.A. 94-1093, eff. 1-26-07.)
 
19    (70 ILCS 516/15)
20    Sec. 15. Creation of Authority; Board members; officers.
21    (a) The Riverdale Development Authority is created as a
22political subdivision, body politic, and municipal
23corporation.
24    (b) The jurisdiction of the Authority shall extend over
25the approximately 1,200 acres (1.87 sq. miles), more or less,

 

 

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1of largely industrial, commercial and residential property
2located between and adjacent to the CSX's Barr Yard and IHB's
3Blue Island Yard, exclusive of those yards and other rail
4lines and utility property, but including: the property
5generally bounded by I-57 on the west; east along Jackson
6Street and Indian Boundary Line to Halsted Avenue; south on
7Halsted to Forestview Avenue continuing east to the Norfolk
8Southern Railway; north along the Norfolk Southern Railway to
9the Little Calumet River, east along the River to the
10northeastern tip of the peninsula crossing the River at the
11height of 130th Street to the Canadian National-Illinois
12Central Railroad property line continuing south along the rail
13line and crossing the River again; east along the River to
14Indiana Avenue; south to 136th Street; west on 136th Street to
15the Norfolk Southern Railway then northwest to the northern
16boundary of Mohawk Park at the height of Blue Island-Riverdale
17Road and thence west on Blue Island-Riverdale Road to the
18eastern edge of the Commonwealth Edison easement at the height
19of Stewart Avenue and then south on Stewart Avenue to 142nd
20Street; west on 142nd Street continuing along the southern
21boundary of the IHB Blue Island Yard following this boundary
22line west to I-57.
23    (c) The governing and administrative powers of the
24Authority shall be vested in its Board of Directors consisting
25of 5 members, 3 of whom shall be appointed by the Mayor of
26Riverdale and 2 of whom shall be appointed by the Governor. All

 

 

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1persons appointed as members of the Board shall have
2recognized ability and experience in one or more of the
3following areas: economic development, finance, banking,
4industrial development, business management, real estate,
5community development, organized labor, or civic, community,
6or neighborhood organization.
7    (d) The terms of the 5 initial appointees to the Authority
8shall commence 30 days after the effective date of this Act. Of
9the 5 appointees initially appointed (i) one of Riverdale's
10appointees and one of the Governor's appointees shall be
11appointed to serve terms expiring on the third Monday in
12January, 2009; (ii) one of Riverdale's appointees shall be
13appointed to serve a term expiring on the third Monday in
14January, 2010; and (iii) one of Riverdale's appointees and 1
15of the Governor's appointees shall be appointed to serve terms
16expiring on the third Monday in January, 2011. All successors
17shall be appointed by the original appointing authority and
18hold office for a term of 4 years commencing the third Monday
19in January of the year in which their term commences, except in
20case of an appointment to fill a vacancy. Vacancies shall be
21filled for the remainder of the term. Each member appointed to
22the Board shall serve until his or her successor is appointed
23and qualified.
24    (e) The Chairperson of the Board shall be elected by the
25Board annually from among its members.
26    (f) The appointing authority may remove any member of the

 

 

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1Board in case of incompetency, neglect of duty, or malfeasance
2in office.
3    (g) Members of the Board shall serve without compensation
4for their services as members but may be reimbursed for all
5necessary expenses incurred in connection with the performance
6of their duties as members.
7    (h) The Board may appoint an Executive Director who shall
8have a background in administration, planning, real estate,
9economic development, finance, or law. The Executive Director
10shall hold office at the discretion of the Board. The
11Executive Director shall be the chief administrative and
12operational officer of the Authority, shall direct and
13supervise its administrative affairs and general management,
14shall perform such other duties as may be prescribed from time
15to time by the Board, and shall receive compensation fixed by
16the Board. The Executive Director shall attend all meetings of
17the Board; however, no action of the Board or the Authority
18shall be invalid on account of the absence of the Executive
19Director from a meeting. The Board may engage the services of
20such other agents and employees, including planners,
21attorneys, appraisers, engineers, accountants, credit analysts
22and other consultants, and may prescribe their duties and fix
23their compensation.
24    (i) The Board shall meet on the call of its Chairperson or
25upon written notice of 3 members of the Board. 3 members shall
26constitute a quorum, and the Board may not meet or take any

 

 

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1action without a quorum present.
2    (j) All official acts of the Authority shall require the
3affirmative vote of at least 3 of the members of the Board
4present and voting at a meeting of the Board.
5(Source: P.A. 94-1093, eff. 1-26-07.)
 
6    (70 ILCS 516/21 new)
7    Sec. 21. Requests for assistance; disclosure of economic
8interests.
9    (a) The Authority may not hear a request for assistance
10from a restricted person. This prohibition extends to business
11relationships between a person who is an Authority leader
12within one year prior to the request for assistance and to any
13entity in which a restricted person holds or, within the past 2
14years, held an ownership interest of 10% or more.
15    (b) An Authority leader shall disclose and recuse himself
16or herself from matters relating to requests for assistance
17from an entity that is relocating full-time employees from
18another Authority's counties if (i) both Authorities contract
19with or employ the same Authority leader or (ii) there is or,
20within the past 2 years of the request, there was a business
21relationship between the Authority leaders at the 2
22Authorities.
23    (c) The Board of the Authority shall vote to renew the
24appointment of the Executive Director and other Authority
25leaders on an annual basis. All contracts shall be approved on

 

 

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1an annual basis and use a public process to solicit
2applications. This requirement does not apply to full-time
3employees of the Authority unless otherwise required by
4applicable State law or local ordinance.
5    (d) Each Authority leader shall submit a statement of
6economic interest in accordance with Article 4A of the
7Illinois Governmental Ethics Act. Additionally, each Authority
8leader shall disclose to the Board outside sources of income
9and any business relationships in economic development
10consulting or lobbying. Reporting shall include the source of
11income, services provided, and timeline of when services were
12provided. If the source of income is a firm or organization
13with multiple clients, the report shall list all of the
14entities for which the individual provided services.
 
15    (70 ILCS 516/22 new)
16    Sec. 22. Open meetings; record disclosure.
17    (a) The Authority is subject to the Open Meetings Act and
18the Freedom of Information Act. Documents subject to the
19Freedom of Information Act include, but are not limited to,
20expenses, payroll, origination bonuses, and other financial
21details of the Authority.
22    (b) A contract or agreement entered into by the Authority
23must be posted on the Authority's website. The Authority shall
24provide a detailed report of the Authority's financial
25information on the Authority's website, including, but not

 

 

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1limited to, a statement of profits and losses, balance sheet,
2and income statement of the Authority.
 
3    (70 ILCS 516/45)
4    Sec. 45. Reports; commitment notice. The Authority shall,
5annually, submit a report of its finances to the Auditor
6General. The Authority shall, annually, submit a report of its
7activities to the Governor and to the General Assembly.
8    The Authority shall provide notice to the General
9Assembly, the Department of Commerce and Economic Opportunity,
10and the Governor once the Authority enters into a commitment
11to support the financing of a project. The notice to the
12General Assembly shall be filed with the Clerk of the House of
13Representatives and the Secretary of the Senate, in electronic
14form only, in the manner that the Clerk and the Secretary shall
15direct.
16(Source: P.A. 94-1093, eff. 1-26-07.)
 
17    Section 40. The Southeastern Illinois Economic Development
18Authority Act is amended by changing Sections 15, 20, and 70
19and by adding Sections 26 and 27 as follows:
 
20    (70 ILCS 518/15)
21    Sec. 15. Definitions. In this Act:
22    "Authority" means the Southeastern Illinois Economic
23Development Authority.

 

 

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1    "Authority leader" means the Executive Director, Assistant
2Executive Director, or any other person serving in a
3management, administrative, or leadership role at the
4Authority.
5    "Governmental agency" means any federal, State, or local
6governmental body and any agency or instrumentality thereof,
7corporate or otherwise.
8    "Person" means any natural person, firm, partnership,
9corporation, both domestic and foreign, company, association
10or joint stock association and includes any trustee, receiver,
11assignee or personal representative thereof.
12    "Restricted person" means a person who has a familial or
13business relationship with an Authority leader.
14    "Revenue bond" means any bond issued by the Authority, the
15principal and interest of which is payable solely from
16revenues or income derived from any project or activity of the
17Authority.
18    "Board" means the Board of Directors of the Southeastern
19Illinois Economic Development Authority.
20    "Governor" means the Governor of the State of Illinois.
21    "City" means any city, village, incorporated town, or
22township within the geographical territory of the Authority.
23    "Industrial project" means the following:
24        (1) a capital project, including one or more buildings
25    and other structures, improvements, machinery and
26    equipment whether or not on the same site or sites now

 

 

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1    existing or hereafter acquired, suitable for use by any
2    manufacturing, industrial, research, transportation or
3    commercial enterprise including but not limited to use as
4    a factory, mill, processing plant, assembly plant,
5    packaging plant, fabricating plant, ethanol plant, office
6    building, industrial distribution center, warehouse,
7    repair, overhaul or service facility, freight terminal,
8    research facility, test facility, power generation
9    facility, mining operation, railroad facility, solid waste
10    and wastewater treatment and disposal sites and other
11    pollution control facilities, resource or waste reduction,
12    recovery, treatment and disposal facilities,
13    tourism-related facilities, including hotels, theaters,
14    water parks, and amusement parks, and including also the
15    sites thereof and other rights in land therefore whether
16    improved or unimproved, site preparation and landscaping
17    and all appurtenances and facilities incidental thereto
18    such as utilities, access roads, railroad sidings, truck
19    docking and similar facilities, parking facilities,
20    dockage, wharfage, railroad roadbed, track, trestle,
21    depot, terminal, switching and signaling equipment or
22    related equipment and other improvements necessary or
23    convenient thereto; or
24        (2) any land, buildings, machinery or equipment
25    comprising an addition to or renovation, rehabilitation or
26    improvement of any existing capital project.

 

 

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1    "Housing project" or "residential project" includes a
2specific work or improvement undertaken to provide dwelling
3accommodations, including the acquisition, construction or
4rehabilitation of lands, buildings and community facilities
5and in connection therewith to provide nonhousing facilities
6which are an integral part of a planned large-scale project or
7new community.
8    "Commercial project" means any project, including, but not
9limited to, one or more buildings and other structures,
10improvements, machinery, and equipment, whether or not on the
11same site or sites now existing or hereafter acquired,
12suitable for use by any retail or wholesale concern,
13distributorship, or agency, or health facility or retirement
14facility.
15    "Project" means an industrial, housing, residential,
16commercial, or service project, or any combination thereof,
17provided that all uses fall within one of the categories
18described above. Any project automatically includes all site
19improvements and new construction involving sidewalks, sewers,
20solid waste and wastewater treatment and disposal sites and
21other pollution control facilities, resource or waste
22reduction, recovery, treatment and disposal facilities, parks,
23open spaces, wildlife sanctuaries, streets, highways, and
24runways.
25    "Lease agreement" means an agreement in which a project
26acquired by the Authority by purchase, gift, or lease is

 

 

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1leased to any person or corporation that will use, or cause the
2project to be used, as a project, upon terms providing for
3lease rental payments at least sufficient to pay, when due,
4all principal of and interest and premium, if any, on any
5bonds, notes, or other evidences of indebtedness of the
6Authority, issued with respect to the project, providing for
7the maintenance, insurance, and operation of the project on
8terms satisfactory to the Authority and providing for
9disposition of the project upon termination of the lease term,
10including purchase options or abandonment of the premises,
11with other terms as may be deemed desirable by the Authority.
12    "Loan agreement" means any agreement in which the
13Authority agrees to loan the proceeds of its bonds, notes, or
14other evidences of indebtedness, issued with respect to a
15project, to any person or corporation which will use or cause
16the project to be used as a project, upon terms providing for
17loan repayment installments at least sufficient to pay, when
18due, all principal of and interest and premium, if any, on any
19bonds, notes, or other evidences of indebtedness of the
20Authority issued with respect to the project, providing for
21maintenance, insurance, and operation of the project on terms
22satisfactory to the Authority and providing for other terms
23deemed advisable by the Authority.
24    "Financial aid" means the expenditure of Authority funds
25or funds provided by the Authority for the development,
26construction, acquisition or improvement of a project, through

 

 

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1the issuance of revenue bonds, notes, or other evidences of
2indebtedness.
3    "Costs incurred in connection with the development,
4construction, acquisition or improvement of a project" means
5the following:
6        (1) the cost of purchase and construction of all lands
7    and improvements in connection therewith and equipment and
8    other property, rights, easements, and franchises acquired
9    which are deemed necessary for the construction;
10        (2) financing charges;
11        (3) interest costs with respect to bonds, notes, and
12    other evidences of indebtedness of the Authority prior to
13    and during construction and for a period of 6 months
14    thereafter;
15        (4) engineering and legal expenses; and
16        (5) the costs of plans, specifications, surveys, and
17    estimates of costs and other expenses necessary or
18    incident to determining the feasibility or practicability
19    of any project, together with such other expenses as may
20    be necessary or incident to the financing, insuring,
21    acquisition, and construction of a specific project and
22    the placing of the same in operation.
23(Source: P.A. 98-750, eff. 1-1-15.)
 
24    (70 ILCS 518/20)
25    Sec. 20. Creation.

 

 

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1    (a) There is created a political subdivision, body
2politic, and municipal corporation named the Southeastern
3Illinois Economic Development Authority. The territorial
4jurisdiction of the Authority is that geographic area within
5the boundaries of the following counties: Fayette, Cumberland,
6Clark, Effingham, Jasper, Crawford, Marion, Clay, Richland,
7Lawrence, Jefferson, Wayne, Edwards, Wabash, Hamilton, and
8White; Irvington Township in Washington County; and any
9navigable waters and air space located therein.
10    (b) The governing and administrative powers of the
11Authority shall be vested in a body consisting of 27 members as
12follows:
13        (1) Public members. Nine members shall be appointed by
14    the Governor with the advice and consent of the Senate.
15    The county board chairmen of the following counties shall
16    each appoint one member: Clark, Clay, Crawford,
17    Cumberland, Edwards, Effingham, Fayette, Hamilton, Jasper,
18    Jefferson, Lawrence, Marion, Richland, Wabash, Washington,
19    Wayne, and White.
20        (2) One member shall be appointed by the Director of
21    Commerce and Economic Opportunity.
22    All public members shall reside within the territorial
23jurisdiction of the Authority. The public members shall be
24persons of recognized ability and experience in one or more of
25the following areas: economic development, finance, banking,
26industrial development, state or local government, commercial

 

 

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1agriculture, small business management, real estate
2development, community development, venture finance, organized
3labor, or civic or community organization.
4    (c) Fourteen members shall constitute a quorum, and the
5Board may not meet or take any action without a quorum present.
6    (d) The chairman of the Authority shall be elected
7annually by the Board.
8    (e) The terms of the initial members of the Authority
9shall begin 30 days after the effective date of this Act. Of
10the 10 original members appointed by the Governor and the
11Director of Commerce and Economic Opportunity pursuant to
12subsection (b), one shall serve until the third Monday in
13January, 2005; one shall serve until the third Monday in
14January, 2006; 2 shall serve until the third Monday in
15January, 2007; 2 shall serve until the third Monday in
16January, 2008; 2 shall serve until the third Monday in
17January, 2009; and 2 shall serve until the third Monday in
18January, 2010. The terms of the initial public members of the
19Authority appointed by the county board chairmen shall begin
2030 days after the effective date of this amendatory Act of the
2197th General Assembly. The terms of the initial public members
22appointed by the county board chairmen shall be determined by
23lot, according to the following schedule: (i) 4 shall serve
24until the third Monday in January, 2013, (ii) 4 shall serve
25until the third Monday in January, 2014, (iii) 3 shall serve
26until the third Monday in January, 2015, (iv) 3 shall serve

 

 

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1until the third Monday in January, 2016, and (v) 3 shall serve
2until the third Monday in January, 2017. All successors to
3these initial members shall be appointed by the original
4appointing authority pursuant to subsection (b), and shall
5hold office for a term of 3 years commencing the third Monday
6in January of the year in which their term commences, except in
7the case of an appointment to fill a vacancy. Vacancies
8occurring among the members shall be filled for the remainder
9of the term. In case of a vacancy in a Governor-appointed
10membership when the Senate is not in session, the Governor may
11make a temporary appointment until the next meeting of the
12Senate when a person shall be nominated to fill the office and,
13upon confirmation by the Senate, he or she shall hold office
14during the remainder of the term and until a successor is
15appointed and qualified. Members of the Authority are not
16entitled to compensation for their services as members but are
17entitled to reimbursement for all necessary expenses incurred
18in connection with the performance of their duties as members.
19Members of the Board may participate in Board meetings by
20teleconference or video conference.
21    (f) The Governor may remove any public member of the
22Authority appointed by the Governor, and the Director of
23Commerce and Economic Opportunity may remove any member
24appointed by the Director, in case of incompetence, neglect of
25duty, or malfeasance in office. The chairman of a county
26board, with the approval of a majority vote of the county

 

 

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1board, may remove any public member appointed by that chairman
2in the case of incompetence, neglect of duty, or malfeasance
3in office.
4    (g) The Board shall appoint an Executive Director who
5shall have a background in finance, including familiarity with
6the legal and procedural requirements of issuing bonds, real
7estate, or economic development and administration. The
8Executive Director shall hold office at the discretion of the
9Board. The Executive Director shall be the chief
10administrative and operational officer of the Authority, shall
11direct and supervise its administrative affairs and general
12management, perform such other duties as may be prescribed
13from time to time by the members, and receive compensation
14fixed by the Authority. The Executive Director shall attend
15all meetings of the Authority. However, no action of the
16Authority shall be invalid on account of the absence of the
17Executive Director from a meeting. The Authority may engage
18the services of the Illinois Finance Authority, attorneys,
19appraisers, engineers, accountants, credit analysts, and other
20consultants, if the Southeastern Illinois Economic Development
21Authority deems it advisable.
22(Source: P.A. 97-717, eff. 6-29-12.)
 
23    (70 ILCS 518/26 new)
24    Sec. 26. Requests for assistance; disclosure of economic
25interests.

 

 

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1    (a) The Authority may not hear a request for assistance
2from a restricted person. This prohibition extends to business
3relationships between a person who is an Authority leader
4within one year prior to the request for assistance and to any
5entity in which a restricted person holds or, within the past 2
6years, held an ownership interest of 10% or more.
7    (b) An Authority leader shall disclose and recuse himself
8or herself from matters relating to requests for assistance
9from an entity that is relocating full-time employees from
10another Authority's counties if (i) both Authorities contract
11with or employ the same Authority leader or (ii) there is or,
12within the past 2 years of the request, there was a business
13relationship between the Authority leaders at the 2
14Authorities.
15    (c) The Board of the Authority shall vote to renew the
16appointment of the Executive Director and other Authority
17leaders on an annual basis. All contracts shall be approved on
18an annual basis and use a public process to solicit
19applications. This requirement does not apply to full-time
20employees of the Authority unless otherwise required by
21applicable State law or local ordinance.
22    (d) Each Authority leader shall submit a statement of
23economic interest in accordance with Article 4A of the
24Illinois Governmental Ethics Act. Additionally, each Authority
25leader shall disclose to the Board outside sources of income
26and any business relationships in economic development

 

 

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1consulting or lobbying. Reporting shall include the source of
2income, services provided, and timeline of when services were
3provided. If the source of income is a firm or organization
4with multiple clients, the report shall list all of the
5entities for which the individual provided services.
 
6    (70 ILCS 518/27 new)
7    Sec. 27. Open meetings; record disclosure.
8    (a) The Authority is subject to the Open Meetings Act and
9the Freedom of Information Act. Documents subject to the
10Freedom of Information Act include, but are not limited to,
11expenses, payroll, origination bonuses, and other financial
12details of the Authority.
13    (b) A contract or agreement entered into by the Authority
14must be posted on the Authority's website. The Authority shall
15provide a detailed report of the Authority's financial
16information on the Authority's website, including, but not
17limited to, a statement of profits and losses, balance sheet,
18and income statement of the Authority.
 
19    (70 ILCS 518/70)
20    Sec. 70. Reports; commitment notice and audit.
21    (a) The Authority shall annually submit a report of its
22finances to the Auditor General. The Authority shall annually
23submit a report of its activities to the Governor and to the
24General Assembly.

 

 

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1    (b) (Blank).
2    (c) The Authority shall provide notice to the General
3Assembly, the Department of Commerce and Economic Opportunity,
4and the Governor once the Authority enters into a commitment
5to support the financing of a project. The notice to the
6General Assembly shall be filed with the Clerk of the House of
7Representatives and the Secretary of the Senate, in electronic
8form only, in the manner that the Clerk and the Secretary shall
9direct.
10(Source: P.A. 98-750, eff. 1-1-15.)
 
11    Section 45. The Southern Illinois Economic Development
12Authority Act is amended by changing Sections 5-15, 5-20, and
135-75 and by adding Sections 5-26 and 5-27 as follows:
 
14    (70 ILCS 519/5-15)
15    Sec. 5-15. Definitions. In this Act:
16    "Authority" means the Southern Illinois Economic
17Development Authority.
18    "Authority leader" means the Executive Director, Assistant
19Executive Director, or any other person serving in a
20management, administrative, or leadership role at the
21Authority.
22    "Governmental agency" means any federal, State, or local
23governmental body and any agency or instrumentality thereof,
24corporate or otherwise.

 

 

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1    "Person" means any natural person, firm, partnership,
2corporation, both domestic and foreign, company, association
3or joint stock association and includes any trustee, receiver,
4assignee or personal representative thereof.
5    "Restricted person" means a person who has a familial or
6business relationship with an Authority leader.
7    "Revenue bond" means any bond issued by the Authority, the
8principal and interest of which is payable solely from
9revenues or income derived from any project or activity of the
10Authority.
11    "Board" means the Board of Directors of the Southern
12Illinois Economic Development Authority.
13    "Governor" means the Governor of the State of Illinois.
14    "City" means any city, village, incorporated town, or
15township within the geographical territory of the Authority.
16    "Industrial project" means the following:
17        (1) a capital project, including one or more buildings
18    and other structures, improvements, machinery and
19    equipment whether or not on the same site or sites now
20    existing or hereafter acquired, suitable for use by any
21    manufacturing, industrial, research, transportation or
22    commercial enterprise including but not limited to use as
23    a factory, mill, processing plant, assembly plant,
24    packaging plant, fabricating plant, ethanol plant, office
25    building, industrial distribution center, warehouse,
26    repair, overhaul or service facility, freight terminal,

 

 

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1    research facility, test facility, railroad facility, port
2    facility, solid waste and wastewater treatment and
3    disposal sites and other pollution control facilities,
4    resource or waste reduction, recovery, treatment and
5    disposal facilities, and including also the sites thereof
6    and other rights in land therefore whether improved or
7    unimproved, site preparation and landscaping and all
8    appurtenances and facilities incidental thereto such as
9    utilities, access roads, railroad sidings, truck docking
10    and similar facilities, parking facilities, dockage,
11    wharfage, railroad roadbed, track, trestle, depot,
12    terminal, switching and signaling equipment or related
13    equipment and other improvements necessary or convenient
14    thereto; or
15        (2) any land, buildings, machinery or equipment
16    comprising an addition to or renovation, rehabilitation or
17    improvement of any existing capital project.
18    "Housing project" or "residential project" includes a
19specific work or improvement undertaken to provide dwelling
20accommodations, including the acquisition, construction or
21rehabilitation of lands, buildings and community facilities
22and in connection therewith to provide nonhousing facilities
23which are an integral part of a planned large-scale project or
24new community.
25    "Commercial project" means any project, including, but not
26limited to, one or more buildings and other structures,

 

 

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1improvements, machinery, and equipment, whether or not on the
2same site or sites now existing or hereafter acquired,
3suitable for use by any retail or wholesale concern,
4distributorship, or agency.
5    "Project" means an industrial, housing, residential,
6commercial, or service project, or any combination thereof,
7provided that all uses fall within one of the categories
8described above. Any project automatically includes all site
9improvements and new construction involving sidewalks, sewers,
10solid waste and wastewater treatment and disposal sites and
11other pollution control facilities, resource or waste
12reduction, recovery, treatment and disposal facilities, parks,
13open spaces, wildlife sanctuaries, streets, highways, and
14runways.
15    "Lease agreement" means an agreement in which a project
16acquired by the Authority by purchase, gift, or lease is
17leased to any person or corporation that will use, or cause the
18project to be used, as a project, upon terms providing for
19lease rental payments at least sufficient to pay, when due,
20all principal of and interest and premium, if any, on any
21bonds, notes, or other evidences of indebtedness of the
22Authority, issued with respect to the project, providing for
23the maintenance, insurance, and operation of the project on
24terms satisfactory to the Authority and providing for
25disposition of the project upon termination of the lease term,
26including purchase options or abandonment of the premises,

 

 

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1with other terms as may be deemed desirable by the Authority.
2    "Loan agreement" means any agreement in which the
3Authority agrees to loan the proceeds of its bonds, notes, or
4other evidences of indebtedness, issued with respect to a
5project, to any person or corporation which will use or cause
6the project to be used as a project, upon terms providing for
7loan repayment installments at least sufficient to pay, when
8due, all principal of and interest and premium, if any, on any
9bonds, notes, or other evidences of indebtedness of the
10Authority issued with respect to the project, providing for
11maintenance, insurance, and operation of the project on terms
12satisfactory to the Authority and providing for other terms
13deemed advisable by the Authority.
14    "Financial aid" means the expenditure of Authority funds
15or funds provided by the Authority for the development,
16construction, acquisition or improvement of a project, through
17the issuance of revenue bonds, notes, or other evidences of
18indebtedness.
19    "Costs incurred in connection with the development,
20construction, acquisition or improvement of a project" means
21the following:
22        (1) the cost of purchase and construction of all lands
23    and improvements in connection therewith and equipment and
24    other property, rights, easements, and franchises acquired
25    which are deemed necessary for the construction;
26        (2) financing charges;

 

 

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1        (3) interest costs with respect to bonds, notes, and
2    other evidences of indebtedness of the Authority prior to
3    and during construction and for a period of 6 months
4    thereafter;
5        (4) engineering and legal expenses; and
6        (5) the costs of plans, specifications, surveys, and
7    estimates of costs and other expenses necessary or
8    incident to determining the feasibility or practicability
9    of any project, together with such other expenses as may
10    be necessary or incident to the financing, insuring,
11    acquisition, and construction of a specific project and
12    the placing of the same in operation.
13(Source: P.A. 98-750, eff. 1-1-15.)
 
14    (70 ILCS 519/5-20)
15    Sec. 5-20. Creation.
16    (a) There is created a political subdivision, body
17politic, and municipal corporation named the Southern Illinois
18Economic Development Authority. The territorial jurisdiction
19of the Authority is that geographic area within the boundaries
20of the following counties: Franklin, Perry, Randolph, Jackson,
21Williamson, Saline, Gallatin, Union, Johnson, Pope, Hardin,
22Alexander, Pulaski, and Massac and any navigable waters and
23air space located therein.
24    (b) The governing and administrative powers of the
25Authority shall be vested in a body consisting of 21 members as

 

 

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1follows:
2        (1) Ex officio member. The Director of Commerce and
3    Economic Opportunity, or a designee of that Department,
4    shall serve as an ex officio member.
5        (2) Public members. Six members shall be appointed by
6    the Governor with the advice and consent of the Senate.
7    The county board chairmen of the following counties shall
8    each appoint one member: Franklin, Perry, Randolph,
9    Jackson, Williamson, Saline, Gallatin, Union, Johnson,
10    Pope, Hardin, Alexander, Pulaski, and Massac. All public
11    members shall reside within the territorial jurisdiction
12    of the Authority. The public members shall be persons of
13    recognized ability and experience in one or more of the
14    following areas: economic development, finance, banking,
15    industrial development, state or local government,
16    commercial agriculture, small business management, real
17    estate development, community development, venture
18    finance, organized labor, or civic or community
19    organization.
20    (c) 11 members shall constitute a quorum, and the Board
21may not meet or take any action without a quorum present.
22    (d) The chairman of the Authority shall be elected
23annually by the Board and must be a public member that resides
24within the territorial jurisdiction of the Authority.
25    (e) The terms of all initial members of the Authority
26shall begin 30 days after the effective date of this Act. Of

 

 

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1the 6 original public members appointed by the Governor, 2
2shall serve until the third Monday in January, 2007; 1 shall
3serve until the third Monday in January, 2008; 1 shall serve
4until the third Monday in January, 2009; 1 shall serve until
5the third Monday in January, 2010; and 1 shall serve until the
6third Monday in January, 2011. The initial terms of the
7original public members appointed by the county board chairmen
8shall be determined by lot, according to the following
9schedule: (i) 3 shall serve until the third Monday in January,
102007, (ii) 3 shall serve until the third Monday in January,
112008, (iii) 3 shall serve until the third Monday in January,
122009, (iv) 3 shall serve until the third Monday in January,
132010, and (v) 2 shall serve until the third Monday in January,
142011. All successors to these original public members shall be
15appointed by the original appointing authority and all
16appointments made by the Governor shall be made with the
17advice and consent of the Senate, pursuant to subsection (b),
18and shall hold office for a term of 6 years commencing the
19third Monday in January of the year in which their term
20commences, except in the case of an appointment to fill a
21vacancy. Vacancies occurring among the public members shall be
22filled for the remainder of the term. In case of vacancy in a
23Governor-appointed membership when the Senate is not in
24session, the Governor may make a temporary appointment until
25the next meeting of the Senate when a person shall be nominated
26to fill the office and, upon confirmation by the Senate, he or

 

 

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1she shall hold office during the remainder of the term and
2until a successor is appointed and qualified. Members of the
3Authority are not entitled to compensation for their services
4as members but are entitled to reimbursement for all necessary
5expenses incurred in connection with the performance of their
6duties as members.
7    (f) The Governor may remove any public member of the
8Authority in case of incompetence, neglect of duty, or
9malfeasance in office. The chairman of a county board may
10remove any public member appointed by that chairman in the
11case of incompetence, neglect of duty, or malfeasance in
12office.
13    (g) The Board shall appoint an Executive Director who
14shall have a background in finance, including familiarity with
15the legal and procedural requirements of issuing bonds, real
16estate, or economic development and administration. The
17Executive Director shall hold office at the discretion of the
18Board. The Executive Director shall be the chief
19administrative and operational officer of the Authority, shall
20direct and supervise its administrative affairs and general
21management, perform such other duties as may be prescribed
22from time to time by the members, and receive compensation
23fixed by the Authority. The Department of Commerce and
24Community Affairs shall pay the compensation of the Executive
25Director from appropriations received for that purpose. The
26Executive Director shall attend all meetings of the Authority.

 

 

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1However, no action of the Authority shall be invalid on
2account of the absence of the Executive Director from a
3meeting. The Authority may engage the services of the Illinois
4Finance Authority, attorneys, appraisers, engineers,
5accountants, credit analysts, and other consultants if the
6Southern Illinois Economic Development Authority deems it
7advisable.
8(Source: P.A. 94-1021, eff. 7-12-06.)
 
9    (70 ILCS 519/5-26 new)
10    Sec. 5-26. Requests for assistance; disclosure of economic
11interests.
12    (a) The Authority may not hear a request for assistance
13from a restricted person. This prohibition extends to business
14relationships between a person who is an Authority leader
15within one year prior to the request for assistance and to any
16entity in which a restricted person holds or, within the past 2
17years, held an ownership interest of 10% or more.
18    (b) An Authority leader shall disclose and recuse himself
19or herself from matters relating to requests for assistance
20from an entity that is relocating full-time employees from
21another Authority's counties if (i) both Authorities contract
22with or employ the same Authority leader or (ii) there is or,
23within the past 2 years of the request, there was a business
24relationship between the Authority leaders at the 2
25Authorities.

 

 

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1    (c) The Board of the Authority shall vote to renew the
2appointment of the Executive Director and other Authority
3leaders on an annual basis. All contracts shall be approved on
4an annual basis and use a public process to solicit
5applications. This requirement does not apply to full-time
6employees of the Authority unless otherwise required by
7applicable State law or local ordinance.
8    (d) Each Authority leader shall submit a statement of
9economic interest in accordance with Article 4A of the
10Illinois Governmental Ethics Act. Additionally, each Authority
11leader shall disclose to the Board outside sources of income
12and any business relationships in economic development
13consulting or lobbying. Reporting shall include the source of
14income, services provided, and timeline of when services were
15provided. If the source of income is a firm or organization
16with multiple clients, the report shall list all of the
17entities for which the individual provided services.
 
18    (70 ILCS 519/5-27 new)
19    Sec. 5-27. Open meetings; record disclosure.
20    (a) The Authority is subject to the Open Meetings Act and
21the Freedom of Information Act. Documents subject to the
22Freedom of Information Act include, but are not limited to,
23expenses, payroll, origination bonuses, and other financial
24details of the Authority.
25    (b) A contract or agreement entered into by the Authority

 

 

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1must be posted on the Authority's website. The Authority shall
2provide a detailed report of the Authority's financial
3information on the Authority's website, including, but not
4limited to, a statement of profits and losses, balance sheet,
5and income statement of the Authority.
 
6    (70 ILCS 519/5-75)
7    Sec. 5-75. Reports; commitment notice. The Authority shall
8annually submit a report of its finances to the Auditor
9General. The Authority shall annually submit a report of its
10activities to the Governor and to the General Assembly.
11    The Authority shall provide notice to the General
12Assembly, the Department of Commerce and Economic Opportunity,
13and the Governor once the Authority enters into a commitment
14to support the financing of a project. The notice to the
15General Assembly shall be filed with the Clerk of the House of
16Representatives and the Secretary of the Senate, in electronic
17form only, in the manner that the Clerk and the Secretary shall
18direct.
19(Source: P.A. 94-1021, eff. 7-12-06.)
 
20    Section 50. The Southwestern Illinois Development
21Authority Act is amended by changing Sections 3, 4, 5, 8, and
2211.1 and by adding Sections 5.1 and 6.1 as follows:
 
23    (70 ILCS 520/3)  (from Ch. 85, par. 6153)

 

 

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1    Sec. 3. The following terms, whenever used or referred to
2in this Act, shall have the following meanings, except in such
3instances where the context may clearly indicate otherwise:
4    (a) "Authority" means the Southwestern Illinois
5Development Authority created by this Act.
6    (a-5) "Authority leader" means the Executive Director,
7Assistant Executive Director, or any other person serving in a
8management, administrative, or leadership role at the
9Authority.
10    (b) "Governmental agency" means any federal, State or
11local governmental body, and any agency or instrumentality
12thereof, corporate or otherwise.
13    (c) "Person" means any natural person, firm, partnership,
14corporation, both domestic and foreign, company, association
15or joint stock association and includes any trustee, receiver,
16assignee or personal representative thereof.
17    (c-5) "Restricted person" means a person who has a
18familial or business relationship with an Authority leader.
19    (d) "Revenue bond" means any bond issued by the Authority
20the principal and interest of which is payable solely from
21revenues or income derived from any project or activity of the
22Authority.
23    (e) "Board" means the Southwestern Illinois Development
24Authority Board of Directors.
25    (f) "Governor" means the Governor of the State of
26Illinois.

 

 

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1    (g) "City" means any city, village, incorporated town or
2township within the geographical territory of the Authority.
3    (h) "Industrial project" means (1) a capital project,
4including one or more buildings and other structures,
5improvements, machinery and equipment whether or not on the
6same site or sites now existing or hereafter acquired,
7suitable for use by any manufacturing, industrial, research,
8transportation or commercial enterprise including but not
9limited to use as a factory, mill, processing plant, assembly
10plant, packaging plant, fabricating plant, office building,
11industrial distribution center, warehouse, repair, overhaul or
12service facility, freight terminal, research facility, test
13facility, railroad facility, solid waste and wastewater
14treatment and disposal sites and other pollution control
15facilities, resource or waste reduction, recovery, treatment
16and disposal facilities, and including also the sites thereof
17and other rights in land therefor whether improved or
18unimproved, site preparation and landscaping and all
19appurtenances and facilities incidental thereto such as
20utilities, access roads, railroad sidings, truck docking and
21similar facilities, parking facilities, dockage, wharfage,
22railroad roadbed, track, trestle, depot, terminal, switching
23and signaling equipment or related equipment and other
24improvements necessary or convenient thereto; or (2) any land,
25buildings, machinery or equipment comprising an addition to or
26renovation, rehabilitation or improvement of any existing

 

 

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1capital project.
2    (i) "Housing project" or "residential project" includes a
3specific work or improvement undertaken to provide dwelling
4accommodations, including the acquisition, construction or
5rehabilitation of lands, buildings and community facilities
6and in connection therewith to provide nonhousing facilities
7which are an integral part of a planned large-scale project or
8new community.
9    (j) "Commercial project" means any project, including but
10not limited to one or more buildings and other structures,
11improvements, machinery and equipment whether or not on the
12same site or sites now existing or hereafter acquired,
13suitable for use by any retail or wholesale concern,
14distributorship or agency, any cultural facilities of a
15for-profit or not-for-profit type including but not limited to
16educational, theatrical, recreational and entertainment,
17sports facilities, racetracks, stadiums, convention centers,
18exhibition halls, arenas, opera houses and theaters,
19waterfront improvements, swimming pools, boat storage,
20moorage, docking facilities, restaurants, velodromes,
21coliseums, sports training facilities, parking facilities,
22terminals, hotels and motels, gymnasiums, medical facilities
23and port facilities.
24    (k) "Unit of local government" means a unit of local
25government, as defined in Section 1 of Article VII of the
26Illinois Constitution, and any local public entity as that

 

 

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1term is defined in the Local Governmental and Governmental
2Employees Tort Immunity Act and such unit of local government
3or local public entity is located within the geographical
4territory of the Authority or, for the purposes of the Flood
5Prevention District Act, is located within Monroe County,
6Illinois.
7    (l) "Local government project" means a project or other
8undertaking that is authorized or required by law to be
9acquired, constructed, reconstructed, equipped, improved,
10rehabilitated, replaced, maintained, or otherwise undertaken
11in any manner by a unit of local government.
12    (m) "Local government security" means a bond, note, or
13other evidence of indebtedness that a unit of local government
14is legally authorized to issue for the purpose of financing a
15public purpose project or to issue for any other lawful public
16purpose under any provision of the Illinois Constitution or
17laws of this State, whether the obligation is payable from
18taxes or revenues, rates, charges, assessments,
19appropriations, grants, or any other lawful source or
20combination thereof, and specifically includes, without
21limitation, obligations under any lease or lease purchase
22agreement lawfully entered into by the unit of local
23government for the acquisition or use of facilities or
24equipment.
25    (n) "Project" means an industrial, housing, residential,
26commercial, local government, or service project or any

 

 

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1combination thereof provided that all uses shall fall within
2one of the categories described above. Any project, of any
3nature whatsoever, shall automatically include all site
4improvements and new construction involving sidewalks, sewers,
5solid waste and wastewater treatment and disposal sites and
6other pollution control facilities, resource or waste
7reduction, recovery, treatment and disposal facilities, parks,
8open spaces, wildlife sanctuaries, streets, highways and
9runways.
10    (o) "Lease agreement" shall mean an agreement whereby a
11project acquired by the Authority by purchase, gift or lease
12is leased to any person or corporation which will use or cause
13the project to be used as a project as heretofore defined upon
14terms providing for lease rental payments at least sufficient
15to pay when due all principal of and interest and premium, if
16any, on any bonds, notes or other evidences of indebtedness of
17the Authority issued with respect to such project, providing
18for the maintenance, insurance and operation of the project on
19terms satisfactory to the Authority and providing for
20disposition of the project upon termination of the lease term,
21including purchase options or abandonment of the premises,
22with such other terms as may be deemed desirable by the
23Authority.
24    (p) "Loan agreement" means any agreement pursuant to which
25the Authority agrees to loan the proceeds of its bonds, notes
26or other evidences of indebtedness issued with respect to a

 

 

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1project to any person or corporation which will use or cause
2the project to be used as a project as heretofore defined upon
3terms providing for loan repayment installments at least
4sufficient to pay when due all principal of and interest and
5premium, if any, on any bonds, notes or other evidences of
6indebtedness of the Authority issued with respect to the
7project, providing for maintenance, insurance and operation of
8the project on terms satisfactory to the Authority and
9providing for other matters as may be deemed advisable by the
10Authority.
11    (q) "Financial aid" means the expenditure of Authority
12funds or funds provided by the Authority through the issuance
13of its revenue bonds, notes or other evidences of indebtedness
14for the development, construction, acquisition or improvement
15of a project.
16    (r) "Costs incurred in connection with the development,
17construction, acquisition or improvement of a project" means
18the following: the cost of purchase and construction of all
19lands and improvements in connection therewith and equipment
20and other property, rights, easements and franchises acquired
21which are deemed necessary for such construction; financing
22charges; interest costs with respect to bonds, notes and other
23evidences of indebtedness of the Authority prior to and during
24construction and for a period of 6 months thereafter;
25engineering and legal expenses; the costs of plans,
26specifications, surveys and estimates of costs and other

 

 

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1expenses necessary or incident to determining the feasibility
2or practicability of any project, together with such other
3expenses as may be necessary or incident to the financing,
4insuring, acquisition and construction of a specific project
5and the placing of the same in operation.
6    (s) "Terminal" means a public place, station or depot for
7receiving and delivering passengers, baggage, mail, freight or
8express matter and any combination thereof in connection with
9the transportation of persons and property on water or land or
10in the air.
11    (t) "Terminal facilities" means all land, buildings,
12structures, improvements, equipment and appliances useful in
13the operation of public warehouse, storage and transportation
14facilities and industrial, manufacturing or commercial
15activities for the accommodation of or in connection with
16commerce by water or land or in the air or useful as an aid, or
17constituting an advantage or convenience to, the safe landing,
18taking off and navigation of aircraft or the safe and
19efficient operation or maintenance of a public airport.
20    (u) "Port facilities" means all public structures, except
21terminal facilities as defined herein, that are in, over,
22under or adjacent to navigable waters and are necessary for or
23incident to the furtherance of water commerce and includes the
24widening and deepening of slips, harbors and navigable waters.
25    (v) "Airport" means any locality, either land or water,
26which is used or designed for the landing and taking off of

 

 

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1aircraft or for the location of runways, landing fields,
2aerodromes, hangars, buildings, structures, airport roadways
3and other facilities.
4(Source: P.A. 95-723, eff. 6-23-08.)
 
5    (70 ILCS 520/4)  (from Ch. 85, par. 6154)
6    Sec. 4. (a) There is hereby created a political
7subdivision, body politic and municipal corporation named the
8Southwestern Illinois Development Authority. The territorial
9jurisdiction of the Authority is that geographic area within
10the boundaries of Madison, St. Clair, Bond, and Clinton, and
11Monroe counties in the State of Illinois and any navigable
12waters and air space located therein.
13    (b) The governing and administrative powers of the
14Authority shall be vested in a body consisting of 15 voting 14
15members including, as ex officio members, the Director of
16Commerce and Economic Opportunity, or his or her designee, and
17the Secretary of Transportation, or his or her designee. The
18other 13 voting 12 members of the Authority shall be
19designated "public members", 6 of whom shall be appointed by
20the Governor with the advice and consent of the Senate, 2 of
21whom shall be appointed by the county board chairman of
22Madison County, 2 of whom shall be appointed by the county
23board chairman of St. Clair County, one of whom shall be
24appointed by the county board chairman of Bond County, and one
25of whom shall be appointed by the county board chairman of

 

 

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1Clinton County, and one of whom shall be appointed by the
2county board chairman of Monroe County. All public members
3shall reside within the territorial jurisdiction of this Act.
4Eight voting members shall constitute a quorum, and the Board
5may not meet or take any action without a quorum present. The
6public members shall be persons of recognized ability and
7experience in one or more of the following areas: economic
8development, finance, banking, industrial development, small
9business management, real estate development, community
10development, venture finance, organized labor or civic,
11community or neighborhood organization. The Chairman of the
12Authority shall be elected by the Board annually from the
13voting members appointed by the county board chairmen.
14    (c) Except as otherwise provided in this subsection, the
15The terms of all members of the Authority shall begin 30 days
16after the effective date of this Act. Of the 8 public members
17initially appointed pursuant to this Act, 3 shall serve until
18the third Monday in January, 1988, 3 shall serve until the
19third Monday in January, 1989, and 2 shall serve until the
20third Monday in January, 1990. The public members initially
21appointed under this amendatory Act of the 94th General
22Assembly shall serve until the third Monday in January, 2008.
23The member initially appointed pursuant to this amendatory Act
24of the 103rd General Assembly by the county board chairman of
25Monroe County shall serve until the third Monday in January
262026. All successors shall be appointed by the original

 

 

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1appointing authority and hold office for a term of 3 years
2commencing the third Monday in January of the year in which
3their term commences, except in case of an appointment to fill
4a vacancy. Vacancies occurring among the public members shall
5be filled for the remainder of the term. In case of vacancy in
6a Governor-appointed membership when the Senate is not in
7session, the Governor may make a temporary appointment until
8the next meeting of the Senate when a person shall be nominated
9to fill such office, and any person so nominated who is
10confirmed by the Senate shall hold office during the remainder
11of the term and until a successor shall be appointed and
12qualified. Members of the Authority shall not be entitled to
13compensation for their services as members but shall be
14entitled to reimbursement for all necessary expenses incurred
15in connection with the performance of their duties as members.
16    (d) The Governor may remove any public member of the
17Authority in case of incompetency, neglect of duty, or
18malfeasance in office.
19    (e) The Board shall appoint an Executive Director who
20shall have a background in finance, including familiarity with
21the legal and procedural requirements of issuing bonds, real
22estate or economic development and administration. The
23Executive Director shall hold office at the discretion of the
24Board. The Executive Director shall be the chief
25administrative and operational officer of the Authority, shall
26direct and supervise its administrative affairs and general

 

 

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1management, shall perform such other duties as may be
2prescribed from time to time by the members and shall receive
3compensation fixed by the Authority. The Executive Director
4shall attend all meetings of the Authority; however, no action
5of the Authority shall be invalid on account of the absence of
6the Executive Director from a meeting. The Authority may
7engage the services of such other agents and employees,
8including attorneys, appraisers, engineers, accountants,
9credit analysts and other consultants, as it may deem
10advisable and may prescribe their duties and fix their
11compensation.
12    (f) The Board may, by majority vote, nominate up to 4
13non-voting members for appointment by the Governor. Non-voting
14members shall be persons of recognized ability and experience
15in one or more of the following areas: economic development,
16finance, banking, industrial development, small business
17management, real estate development, community development,
18venture finance, organized labor, or civic, community, or
19neighborhood organization. Non-voting members shall serve at
20the pleasure of the Board. All non-voting members may attend
21meetings of the Board and shall be reimbursed as provided in
22subsection (c).
23    (g) The Board shall create a task force to study and make
24recommendations to the Board on the economic development of
25the city of East St. Louis and on the economic development of
26the riverfront within the territorial jurisdiction of this

 

 

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1Act. The members of the task force shall reside within the
2territorial jurisdiction of this Act, shall serve at the
3pleasure of the Board and shall be persons of recognized
4ability and experience in one or more of the following areas:
5economic development, finance, banking, industrial
6development, small business management, real estate
7development, community development, venture finance, organized
8labor or civic, community or neighborhood organization. The
9number of members constituting the task force shall be set by
10the Board and may vary from time to time. The Board may set a
11specific date by which the task force is to submit its final
12report and recommendations to the Board.
13(Source: P.A. 96-443, eff. 8-14-09.)
 
14    (70 ILCS 520/5)  (from Ch. 85, par. 6155)
15    Sec. 5. All official acts of the Authority shall require
16the approval of at least 8 voting members. It shall be the duty
17of the Authority to promote development within the geographic
18confines of Madison, Bond, Clinton, and St. Clair, and Monroe
19counties. The Authority shall use the powers herein conferred
20upon it to assist in the development, construction and
21acquisition of industrial, commercial, housing or residential
22projects within Madison, Bond, Clinton, and St. Clair, and
23Monroe counties.
24(Source: P.A. 94-1096, eff. 6-1-07.)
 

 

 

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1    (70 ILCS 520/5.1 new)
2    Sec. 5.1. Open meetings; record disclosure.
3    (a) The Authority is subject to the Open Meetings Act and
4the Freedom of Information Act. Documents subject to the
5Freedom of Information Act include, but are not limited to,
6expenses, payroll, origination bonuses, and other financial
7details of the Authority.
8    (b) A contract or agreement entered into by the Authority
9must be posted on the Authority's website. The Authority shall
10provide a detailed report of the Authority's financial
11information on the Authority's website, including, but not
12limited to, a statement of profits and losses, balance sheet,
13and income statement of the Authority.
 
14    (70 ILCS 520/6.1 new)
15    Sec. 6.1. Commitment notice. The Authority shall provide
16notice to the General Assembly, the Department of Commerce and
17Economic Opportunity, and the Governor once the Authority
18enters into a commitment to support the financing of a
19project. The notice to the General Assembly shall be filed
20with the Clerk of the House of Representatives and the
21Secretary of the Senate, in electronic form only, in the
22manner that the Clerk and the Secretary shall direct.
 
23    (70 ILCS 520/8)  (from Ch. 85, par. 6158)
24    Sec. 8. (a) The Authority may, but need not, acquire title

 

 

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1to any project with respect to which it exercises its
2authority.
3    (b) The Authority shall have power to acquire by purchase,
4lease, gift or otherwise any property or rights therein from
5any person or persons, the State of Illinois, any municipal
6corporation, any local unit of government, the government of
7the United States and any agency or instrumentality of the
8United States, any body politic or any county useful for its
9purposes, whether improved for the purposes of any prospective
10project or unimproved. The Authority may also accept any
11donation of funds for its purposes from any such source. The
12Authority may acquire any real property, or rights therein,
13upon condemnation. The acquisition by eminent domain of such
14real property or any interest therein by the Authority shall
15be in the manner provided by the Eminent Domain Act, including
16Article 20 thereof (quick-take power).
17    The Authority shall not exercise any quick-take eminent
18domain powers granted by State law within the corporate limits
19of a municipality unless the governing authority of the
20municipality authorizes the Authority to do so. The Authority
21shall not exercise any quick-take eminent domain powers
22granted by State law within the unincorporated areas of a
23county unless the county board authorizes the Authority to do
24so.
25    (c) The Authority shall have power to develop, construct
26and improve, either under its own direction or through

 

 

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1collaboration with any approved applicant, or to acquire
2through purchase or otherwise any project, using for such
3purpose the proceeds derived from its sale of revenue bonds,
4notes or other evidences of indebtedness or governmental loans
5or grants and to hold title in the name of the Authority to
6such projects.
7    (d) The Authority shall have the power to enter into
8intergovernmental agreements with the State of Illinois, the
9counties of Bond, Clinton, Madison, Monroe, and or St. Clair,
10the Southwest Regional Port District, the Illinois Finance
11Authority, the Illinois Housing Development Authority, the
12Metropolitan Pier and Exposition Authority, the United States
13government and any agency or instrumentality of the United
14States, the city of East St. Louis, any unit of local
15government located within the territory of the Authority or
16any other unit of government to the extent allowed by Article
17VII, Section 10 of the Illinois Constitution and the
18Intergovernmental Cooperation Act.
19    (e) The Authority shall have the power to share employees
20with other units of government, including agencies of the
21United States, agencies of the State of Illinois and agencies
22or personnel of any unit of local government.
23    (f) The Authority shall have the power to exercise powers
24and issue bonds as if it were a municipality so authorized in
25Divisions 12.1, 74, 74.1, 74.3 and 74.5 of Article 11 of the
26Illinois Municipal Code.

 

 

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1(Source: P.A. 93-205, eff. 1-1-04; 94-1055, eff. 1-1-07.)
 
2    (70 ILCS 520/11.1)  (from Ch. 85, par. 6161.1)
3    Sec. 11.1. (a) No member of the Authority or officer,
4agent, or employee of the Authority shall, in his or her own
5name or in the name of a nominee, be an officer or director of
6or hold an ownership of more than 7.5% in any person,
7association, trust, corporation, partnership, or other entity
8that is, in its own name or in the name of a nominee, a party
9to a contract or agreement upon which the member, officer,
10agent, or employee may be called upon to act or vote.
11    (b) With respect to any direct or any indirect interest,
12other than an interest prohibited in subsection (a), in a
13contract or agreement upon which the member, officer, agent,
14or employee may be called upon to act or vote, the member,
15officer, agent, or employee shall disclose that interest to
16the secretary of the Authority before the taking of final
17action by the Authority concerning that contract or agreement
18and shall also disclose the nature and extent of that interest
19and his or her acquisition of that interest, which disclosures
20shall be publicly acknowledged by the Authority and entered
21upon the minutes of the Authority. If a member of the Authority
22or an officer, agent, or employee of the Authority holds such
23an interest, then he or she shall refrain from any further
24official involvement in regard to the contract or agreement,
25from voting on any matter pertaining to the contract or

 

 

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1agreement, and from communicating with other members of the
2Authority or its officers, agents, and employees concerning
3the contract or agreement. Notwithstanding any other provision
4of law, any contract or agreement entered into in conformity
5with this subsection (b) shall not be void or invalid by reason
6of an interest described in this subsection, nor shall any
7person so disclosing the interest and refraining from further
8official involvement as provided in this subsection be guilty
9of an offense, be removed from office, or be subject to any
10other penalty on account of that interest.
11    (c) Any contract or agreement made in violation of
12subsection (a) or (b) is void and gives rise to no action
13against the Authority.
14    (d) The Authority may not hear a request for assistance
15from a restricted person. This prohibition extends to business
16relationships between a person who is an Authority leader
17within one year prior to the request for assistance and to any
18entity in which a restricted person holds or, within the past 2
19years, held an ownership interest of 10% or more.
20    (e) An Authority leader shall disclose and recuse himself
21or herself from matters relating to requests for assistance
22from an entity that is relocating full-time employees from
23another Authority's counties if (i) both Authorities contract
24with or employ the same Authority leader or (ii) there is or,
25within the past 2 years of the request, there was a business
26relationship between the Authority leaders at the 2

 

 

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1Authorities.
2    (f) The Board of the Authority shall vote to renew the
3appointment of the Executive Director and other Authority
4leaders on an annual basis. All contracts shall be approved on
5an annual basis and use a public process to solicit
6applications. This requirement does not apply to full-time
7employees of the Authority unless otherwise required by
8applicable State law or local ordinance.
9    (g) Each Authority leader shall submit a statement of
10economic interest in accordance with Article 4A of the
11Illinois Governmental Ethics Act. Additionally, each Authority
12leader shall disclose to the Board outside sources of income
13and any business relationships in economic development
14consulting or lobbying. Reporting shall include the source of
15income, services provided, and timeline of when services were
16provided. If the source of income is a firm or organization
17with multiple clients, the report shall list all of the
18entities for which the individual provided services.
19(Source: P.A. 86-1455.)
 
20    Section 55. The Tri-County River Valley Development
21Authority Law is amended by changing Sections 2003, 2004,
222008, and 2013 and by adding Sections 2005.1 and 2005.2 as
23follows:
 
24    (70 ILCS 525/2003)  (from Ch. 85, par. 7503)

 

 

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1    Sec. 2003. Definitions. The following terms, whenever used
2or referred to in this Article, shall have the following
3meanings, except in such instances where the context may
4clearly indicate otherwise:
5    (a) "Authority" means the Tri-County River Valley
6Development Authority created by this Article.
7    (a-5) "Authority leader" means the Executive Director,
8Assistant Executive Director, or any other person serving in a
9management, administrative, or leadership role at the
10Authority.
11    (b) "Governmental agency" means any federal, State or
12local governmental body, and any agency or instrumentality
13thereof, corporate or otherwise.
14    (c) "Person" means any natural person, firm, partnership,
15corporation, both domestic and foreign, company, association
16or joint stock association and includes any trustee, receiver,
17assignee or personal representative thereof.
18    (c-5) "Restricted person" means a person who has a
19familial or business relationship with an Authority leader.
20    (d) "Revenue bond" means any bond issued by the Authority
21the principal and interest of which is payable solely from
22revenues or income derived from any project or activity of the
23Authority.
24    (e) "Board" means the Tri-County River Valley Development
25Authority Board of Directors.
26    (f) "Governor" means the Governor of the State of

 

 

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1Illinois.
2    (g) "City" means any city, village, incorporated town or
3township within the geographical territory of the Authority.
4    (h) "Industrial project" means (1) a capital project,
5including one or more buildings and other structures,
6improvements, machinery and equipment whether or not on the
7same site or sites now existing or hereafter acquired,
8suitable for use by any manufacturing, industrial, research,
9transportation or commercial enterprise including but not
10limited to use as a factory, mill, processing plant, assembly
11plant, packaging plant, fabricating plant, office building,
12industrial distribution center, warehouse, repair, overhaul or
13service facility, freight terminal, research facility, test
14facility, railroad facility, solid waste and wastewater
15treatment and disposal sites and other pollution control
16facilities, resource or waste reduction, recovery, treatment
17and disposal facilities, and including also the sites thereof
18and other rights in land therefor whether improved or
19unimproved, site preparation and landscaping and all
20appurtenances and facilities incidental thereto such as
21utilities, access roads, railroad sidings, truck docking and
22similar facilities, parking facilities, dockage, wharfage,
23railroad roadbed, track, trestle, depot, terminal, switching
24and signaling equipment or related equipment and other
25improvements necessary or convenient thereto; or (2) any land,
26buildings, machinery or equipment comprising an addition to or

 

 

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1renovation, rehabilitation or improvement of any existing
2capital project.
3    (i) "Housing project" or "residential project" includes a
4specific work or improvement undertaken to provide dwelling
5accommodations, including the acquisition, construction or
6rehabilitation of lands, buildings and community facilities
7and in connection therewith to provide nonhousing facilities
8which are an integral part of a planned large-scale project or
9new community.
10    (j) "Commercial project" means any project, including but
11not limited to one or more buildings and other structures,
12improvements, machinery and equipment whether or not on the
13same site or sites now existing or hereafter acquired,
14suitable for use by any retail or wholesale concern,
15distributorship or agency, any cultural facilities of a
16for-profit or not-for-profit type including but not limited to
17educational, theatrical, recreational and entertainment,
18sports facilities, racetracks, stadiums, convention centers,
19exhibition halls, arenas, opera houses and theaters,
20waterfront improvements, swimming pools, boat storage,
21moorage, docking facilities, restaurants, velodromes,
22coliseums, sports training facilities, parking facilities,
23terminals, hotels and motels, gymnasiums, medical facilities
24and port facilities.
25    (k) "Project" means an industrial, housing, residential,
26commercial or service project or any combination thereof

 

 

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1provided that all uses shall fall within one of the categories
2described above. Any project, of any nature whatsoever, shall
3automatically include all site improvements and new
4construction involving sidewalks, sewers, solid waste and
5wastewater treatment and disposal sites and other pollution
6control facilities, resource or waste reduction, recovery,
7treatment and disposal facilities, parks, open spaces,
8wildlife sanctuaries, streets, highways and runways.
9    (l) "Lease agreement" shall mean an agreement whereby a
10project acquired by the Authority by purchase, gift or lease
11is leased to any person or corporation which will use or cause
12the project to be used as a project as heretofore defined upon
13terms providing for lease rental payments at least sufficient
14to pay when due all principal of and interest and premium, if
15any, on any bonds, notes or other evidences of indebtedness of
16the Authority issued with respect to such project, providing
17for the maintenance, insurance and operation of the project on
18terms satisfactory to the Authority and providing for
19disposition of the project upon termination of the lease term,
20including purchase options or abandonment of the premises,
21with such other terms as may be deemed desirable by the
22Authority.
23    (m) "Loan agreement" means any agreement pursuant to which
24the Authority agrees to loan the proceeds of its bonds, notes
25or other evidences of indebtedness issued with respect to a
26project to any person or corporation which will use or cause

 

 

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1the project to be used as a project as heretofore defined upon
2terms providing for loan repayment installments at least
3sufficient to pay when due all principal of and interest and
4premium, if any, on any bonds, notes or other evidences of
5indebtedness of the Authority issued with respect to the
6project, providing for maintenance, insurance and operation of
7the project on terms satisfactory to the Authority and
8providing for other matters as may be deemed advisable by the
9Authority.
10    (n) "Financial aid" means the expenditure of Authority
11funds or funds provided by the Authority through the issuance
12of its revenue bonds, notes or other evidences of indebtedness
13for the development, construction, acquisition or improvement
14of a project.
15    (o) "Costs incurred in connection with the development,
16construction, acquisition or improvement of a project" means
17the following: the cost of purchase and construction of all
18lands and improvements in connection therewith and equipment
19and other property, rights, easements and franchises acquired
20which are deemed necessary for such construction; financing
21charges; interest costs with respect to bonds, notes and other
22evidences of indebtedness of the Authority prior to and during
23construction and for a period of 6 months thereafter;
24engineering and legal expenses; the costs of plans,
25specifications, surveys and estimates of costs and other
26expenses necessary or incident to determining the feasibility

 

 

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1or practicability of any project, together with such other
2expenses as may be necessary or incident to the financing,
3insuring, acquisition and construction of a specific project
4and the placing of the same in operation.
5    (p) "Terminal" means a public place, station or depot for
6receiving and delivering passengers, baggage, mail, freight or
7express matter and any combination thereof in connection with
8the transportation of persons and property on water or land or
9in the air.
10    (q) "Terminal facilities" means all land, buildings,
11structures, improvements, equipment and appliances useful in
12the operation of public warehouse, storage and transportation
13facilities and industrial, manufacturing or commercial
14activities for the accommodation of or in connection with
15commerce by water or land or in the air or useful as an aid, or
16constituting an advantage or convenience to, the safe landing,
17taking off and navigation of aircraft or the safe and
18efficient operation or maintenance of a public airport.
19    (r) "Port facilities" means all public structures, except
20terminal facilities as defined herein, that are in, over,
21under or adjacent to navigable waters and are necessary for or
22incident to the furtherance of water commerce and includes the
23widening and deepening of slips, harbors and navigable waters.
24    (s) "Airport" means any locality, either land or water,
25which is used or designed for the landing and taking off of
26aircraft or for the location of runways, landing fields,

 

 

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1aerodromes, hangars, buildings, structures, airport roadways
2and other facilities.
3(Source: P.A. 86-1489.)
 
4    (70 ILCS 525/2004)  (from Ch. 85, par. 7504)
5    Sec. 2004. Establishment.
6    (a) There is hereby created a political subdivision, body
7politic and municipal corporation named the Tri-County River
8Valley Development Authority. The territorial jurisdiction of
9the Authority is that geographic area within the boundaries of
10McLean, Peoria, Tazewell, and Woodford counties in the State
11of Illinois and any navigable waters and air space located
12therein.
13    (b) The governing and administrative powers of the
14Authority shall be vested in a body consisting of 13 11 members
15including, as ex officio members, the Director of Commerce and
16Economic Opportunity, or his or her designee, and the Director
17of Natural Resources, or that Director's designee. The other
1811 9 members of the Authority shall be designated "public
19members", 3 of whom shall be appointed by the Governor, 3 of
20whom shall be appointed one each by the county board chairmen
21of Peoria, Tazewell and Woodford counties and 5 3 of whom shall
22be appointed one each by the city councils of Bloomington,
23East Peoria, Normal, Pekin, and Peoria. All public members
24shall reside within the territorial jurisdiction of this Act.
25Seven Six members shall constitute a quorum, and the Board may

 

 

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1not meet or take any action without a quorum present. The
2public members shall be persons of recognized ability and
3experience in one or more of the following areas: economic
4development, finance, banking, industrial development, small
5business management, real estate development, community
6development, venture finance, organized labor or civic,
7community or neighborhood organization. The Chairman of the
8Authority shall be elected by the Board annually from the 8 6
9members appointed by the county board chairmen and city
10councils.
11    (c) The terms of all members of the Authority shall begin
1230 days after the effective date of this Article. Of the 9
13public members appointed pursuant to this Act, 3 shall serve
14until the third Monday in January 1992, 3 shall serve until the
15third Monday in January 1993, and 3 shall serve until the third
16Monday in January 1994. All successors shall be appointed by
17the original appointing authority and hold office for a term
18of 3 years commencing the third Monday in January of the year
19in which their term commences, except in case of an
20appointment to fill a vacancy. The initial member appointed by
21the city council of Bloomington shall serve until the third
22Monday in January 2025. The initial member appointed by the
23city council of Normal shall serve until the third Monday in
24January 2026. Vacancies occurring among the public members
25shall be filled for the remainder of the term. In case of
26vacancy in a Governor-appointed membership when the Senate is

 

 

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1not in session, the Governor may make a temporary appointment
2until the next meeting of the Senate when a person shall be
3nominated to fill such office, and any person so nominated who
4is confirmed by the Senate shall hold office during the
5remainder of the term and until a successor shall be appointed
6and qualified. Members of the Authority shall not be entitled
7to compensation for their services as members but may be
8reimbursed for all necessary expenses incurred in connection
9with the performance of their duties as members.
10    (d) The Governor may remove any public member of the
11Authority in case of incompetency, neglect of duty, or
12malfeasance in office.
13    (e) The Board may appoint an Executive Director who shall
14have a background in finance, including familiarity with the
15legal and procedural requirements of issuing bonds, real
16estate or economic development and administration. The
17Executive Director shall hold office at the discretion of the
18Board. The Executive Director shall be the chief
19administrative and operational officer of the Authority, shall
20direct and supervise its administrative affairs and general
21management, shall perform such other duties as may be
22prescribed from time to time by the members and shall receive
23compensation fixed by the Authority. The Executive Director
24shall attend all meetings of the Authority; however, no action
25of the Authority shall be invalid on account of the absence of
26the Executive Director from a meeting. The Authority may

 

 

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1engage the services of such other agents and employees,
2including attorneys, appraisers, engineers, accountants,
3credit analysts and other consultants, as it may deem
4advisable and may prescribe their duties and fix their
5compensation.
6    (f) The Board may, by majority vote, nominate up to 4
7non-voting members for appointment by the Governor. Non-voting
8members shall be persons of recognized ability and experience
9in one or more of the following areas: economic development,
10finance, banking, industrial development, small business
11management, real estate development, community development,
12venture finance, organized labor or civic, community or
13neighborhood organization. Non-voting members shall serve at
14the pleasure of the Board. All non-voting members may attend
15meetings of the Board and may be reimbursed as provided in
16subsection (c).
17    (g) The Board shall create a task force to study and make
18recommendations to the Board on the economic development of
19the territory within the jurisdiction of this Act. The members
20of the task force shall reside within the territorial
21jurisdiction of this Article, shall serve at the pleasure of
22the Board and shall be persons of recognized ability and
23experience in one or more of the following areas: economic
24development, finance, banking, industrial development, small
25business management, real estate development, community
26development, venture finance, organized labor or civic,

 

 

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1community or neighborhood organization. The number of members
2constituting the task force shall be set by the Board and may
3vary from time to time. The Board may set a specific date by
4which the task force is to submit its final report and
5recommendations to the Board.
6(Source: P.A. 94-793, eff. 5-19-06.)
 
7    (70 ILCS 525/2005.1 new)
8    Sec. 2005.1. Requests for assistance; disclosure of
9economic interests.
10    (a) The Authority may not hear a request for assistance
11from a restricted person. This prohibition extends to business
12relationships between a person who is an Authority leader
13within one year prior to the request for assistance and to any
14entity in which a restricted person holds or, within the past 2
15years, held an ownership interest of 10% or more.
16    (b) An Authority leader shall disclose and recuse himself
17or herself from matters relating to requests for assistance
18from an entity that is relocating full-time employees from
19another Authority's counties if (i) both Authorities contract
20with or employ the same Authority leader or (ii) there is or,
21within the past 2 years of the request, there was a business
22relationship between the Authority leaders at the 2
23Authorities.
24    (c) The Board of the Authority shall vote to renew the
25appointment of the Executive Director and other Authority

 

 

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1leaders on an annual basis. All contracts shall be approved on
2an annual basis and use a public process to solicit
3applications. This requirement does not apply to full-time
4employees of the Authority unless otherwise required by
5applicable State law or local ordinance.
6    (d) Each Authority leader shall submit a statement of
7economic interest in accordance with Article 4A of the
8Illinois Governmental Ethics Act. Additionally, each Authority
9leader shall disclose to the Board outside sources of income
10and any business relationships in economic development
11consulting or lobbying. Reporting shall include the source of
12income, services provided, and timeline of when services were
13provided. If the source of income is a firm or organization
14with multiple clients, the report shall list all of the
15entities for which the individual provided services.
 
16    (70 ILCS 525/2005.2 new)
17    Sec. 2005.2. Open meetings; record disclosure.
18    (a) The Authority is subject to the Open Meetings Act and
19the Freedom of Information Act. Documents subject to the
20Freedom of Information Act include, but are not limited to,
21expenses, payroll, origination bonuses, and other financial
22details of the Authority.
23    (b) A contract or agreement entered into by the Authority
24must be posted on the Authority's website. The Authority shall
25provide a detailed report of the Authority's financial

 

 

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1information on the Authority's website, including, but not
2limited to, a statement of profits and losses, balance sheet,
3and income statement of the Authority.
 
4    (70 ILCS 525/2008)  (from Ch. 85, par. 7508)
5    Sec. 2008. Acquisition.
6    (a) The Authority may, but need not, acquire title to any
7project with respect to which it exercises its authority.
8    (b) The Authority shall have power to acquire by purchase,
9lease, gift or otherwise any property or rights therein from
10any person or persons, the State of Illinois, any municipal
11corporation, any local unit of government, the government of
12the United States and any agency or instrumentality of the
13United States, any body politic or any county useful for its
14purposes, whether improved for the purposes of any prospective
15project or unimproved. The Authority may also accept any
16donation of funds for its purposes from any such source.
17    (c) The Authority shall have power to develop, construct
18and improve, either under its own direction or through
19collaboration with any approved applicant, or to acquire
20through purchase or otherwise any project, using for such
21purpose the proceeds derived from its sale of revenue bonds,
22notes or other evidences of indebtedness or governmental loans
23or grants and to hold title in the name of the Authority to
24such projects.
25    (d) The Authority shall have the power to enter into

 

 

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1intergovernmental agreements with the State of Illinois, the
2counties of McLean, Peoria, Tazewell, or Woodford, the
3Illinois Finance Authority, the Illinois Housing Development
4Authority, the Metropolitan Pier and Exposition Authority, the
5United States government and any agency or instrumentality of
6the United States, any unit of local government located within
7the territory of the Authority or any other unit of government
8to the extent allowed by Article VII, Section 10 of the
9Illinois Constitution and the Intergovernmental Cooperation
10Act.
11    (e) The Authority shall have the power to share employees
12with other units of government, including agencies of the
13United States, agencies of the State of Illinois and agencies
14or personnel of any unit of local government.
15    (f) The Authority shall have the power to exercise powers
16and issue bonds as if it were a municipality so authorized in
17Divisions 12.1, 74, 74.1, 74.3 and 74.5 of Article 11 of the
18Illinois Municipal Code.
19(Source: P.A. 93-205, eff. 1-1-04.)
 
20    (70 ILCS 525/2013)  (from Ch. 85, par. 7513)
21    Sec. 2013. Reports; commitment notice. The Authority shall
22annually submit a report of its finances to the Auditor
23General. The Authority shall annually submit a report of its
24activities to the Governor and General Assembly.
25    The Authority shall provide notice to the General

 

 

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1Assembly, the Department of Commerce and Economic Opportunity,
2and the Governor once the Authority enters into a commitment
3to support the financing of a project. The notice to the
4General Assembly shall be filed with the Clerk of the House of
5Representatives and the Secretary of the Senate, in electronic
6form only, in the manner that the Clerk and the Secretary shall
7direct.
8(Source: P.A. 86-1489.)
 
9    Section 60. The Upper Illinois River Valley Development
10Authority Act is amended by changing Sections 3, 4, and 14 and
11by adding Sections 5.1 and 5.2 as follows:
 
12    (70 ILCS 530/3)  (from Ch. 85, par. 7153)
13    Sec. 3. Definitions. The following terms, whenever used or
14referred to in this Act, shall have the following meanings,
15except in such instances where the context may clearly
16indicate otherwise:
17    (a) "Authority" means the Upper Illinois River Valley
18Development Authority created by this Act.
19    (a-5) "Authority leader" means the Executive Director,
20Assistant Executive Director, or any other person serving in a
21management, administrative, or leadership role at the
22Authority.
23    (b) "Governmental agency" means any federal, State or
24local governmental body, and any agency or instrumentality

 

 

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1thereof, corporate or otherwise.
2    (c) "Person" means any natural person, firm, partnership,
3corporation, both domestic and foreign, company, association
4or joint stock association and includes any trustee, receiver,
5assignee or personal representative thereof.
6    (c-5) "Restricted person" means a person who has a
7familial or business relationship with an Authority leader.
8    (d) "Revenue bond" means any bond issued by the Authority
9the principal and interest of which is payable solely from
10revenues or income derived from any project or activity of the
11Authority.
12    (e) "Board" means the Upper Illinois River Valley
13Development Authority Board of Directors.
14    (f) "Governor" means the Governor of the State of
15Illinois.
16    (g) "City" means any city, village, incorporated town or
17township within the geographical territory of the Authority.
18    (h) "Industrial project" means (1) a capital project,
19including one or more buildings and other structures,
20improvements, machinery and equipment whether or not on the
21same site or sites now existing or hereafter acquired,
22suitable for use by any manufacturing, industrial, research,
23transportation or commercial enterprise including but not
24limited to use as a factory, mill, processing plant, assembly
25plant, packaging plant, fabricating plant, office building,
26industrial distribution center, warehouse, repair, overhaul or

 

 

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1service facility, freight terminal, research facility, test
2facility, railroad facility, solid waste and wastewater
3treatment and disposal sites and other pollution control
4facilities, resource or waste reduction, recovery, treatment
5and disposal facilities, and including also the sites thereof
6and other rights in land therefor whether improved or
7unimproved, site preparation and landscaping and all
8appurtenances and facilities incidental thereto such as
9utilities, access roads, railroad sidings, truck docking and
10similar facilities, parking facilities, dockage, wharfage,
11railroad roadbed, track, trestle, depot, terminal, switching
12and signaling equipment or related equipment and other
13improvements necessary or convenient thereto; or (2) any land,
14buildings, machinery or equipment comprising an addition to or
15renovation, rehabilitation or improvement of any existing
16capital project.
17    (i) "Housing project" or "residential project" includes a
18specific work or improvement undertaken to provide dwelling
19accommodations, including the acquisition, construction or
20rehabilitation of lands, buildings and community facilities
21and in connection therewith to provide nonhousing facilities
22which are an integral part of a planned large-scale project or
23new community.
24    (j) "Commercial project" means any project, including but
25not limited to one or more buildings and other structures,
26improvements, machinery and equipment whether or not on the

 

 

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1same site or sites now existing or hereafter acquired,
2suitable for use by any retail or wholesale concern,
3distributorship or agency, any cultural facilities of a
4for-profit or not-for-profit type including but not limited to
5educational, theatrical, recreational and entertainment,
6sports facilities, racetracks, stadiums, convention centers,
7exhibition halls, arenas, opera houses and theaters,
8waterfront improvements, swimming pools, boat storage,
9moorage, docking facilities, restaurants, velodromes,
10coliseums, sports training facilities, parking facilities,
11terminals, hotels and motels, gymnasiums, medical facilities
12and port facilities.
13    (k) "Project" means an industrial, housing, residential,
14commercial or service project or any combination thereof
15provided that all uses shall fall within one of the categories
16described above. Any project, of any nature whatsoever, shall
17automatically include all site improvements and new
18construction involving sidewalks, sewers, solid waste and
19wastewater treatment and disposal sites and other pollution
20control facilities, resource or waste reduction, recovery,
21treatment and disposal facilities, parks, open spaces,
22wildlife sanctuaries, streets, highways and runways.
23    (l) "Lease agreement" shall mean an agreement whereby a
24project acquired by the Authority by purchase, gift or lease
25is leased to any person or corporation which will use or cause
26the project to be used as a project as heretofore defined upon

 

 

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1terms providing for lease rental payments at least sufficient
2to pay when due all principal of and interest and premium, if
3any, on any bonds, notes or other evidences of indebtedness of
4the Authority issued with respect to such project, providing
5for the maintenance, insurance and operation of the project on
6terms satisfactory to the Authority and providing for
7disposition of the project upon termination of the lease term,
8including purchase options or abandonment of the premises,
9with such other terms as may be deemed desirable by the
10Authority.
11    (m) "Loan agreement" means any agreement pursuant to which
12the Authority agrees to loan the proceeds of its bonds, notes
13or other evidences of indebtedness issued with respect to a
14project to any person or corporation which will use or cause
15the project to be used as a project as heretofore defined upon
16terms providing for loan repayment installments at least
17sufficient to pay when due all principal of and interest and
18premium, if any, on any bonds, notes or other evidences of
19indebtedness of the Authority issued with respect to the
20project, providing for maintenance, insurance and operation of
21the project on terms satisfactory to the Authority and
22providing for other matters as may be deemed advisable by the
23Authority.
24    (n) "Financial aid" means the expenditure of Authority
25funds or funds provided by the Authority through the issuance
26of its revenue bonds, notes or other evidences of indebtedness

 

 

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1for the development, construction, acquisition or improvement
2of a project.
3    (o) "Costs incurred in connection with the development,
4construction, acquisition or improvement of a project" means
5the following: the cost of purchase and construction of all
6lands and improvements in connection therewith and equipment
7and other property, rights, easements and franchises acquired
8which are deemed necessary for such construction; financing
9charges; interest costs with respect to bonds, notes and other
10evidences of indebtedness of the Authority prior to and during
11construction and for a period of 6 months thereafter;
12engineering and legal expenses; the costs of plans,
13specifications, surveys and estimates of costs and other
14expenses necessary or incident to determining the feasibility
15or practicability of any project, together with such other
16expenses as may be necessary or incident to the financing,
17insuring, acquisition and construction of a specific project
18and the placing of the same in operation.
19    (p) "Terminal" means a public place, station or depot for
20receiving and delivering passengers, baggage, mail, freight or
21express matter and any combination thereof in connection with
22the transportation of persons and property on water or land or
23in the air.
24    (q) "Terminal facilities" means all land, buildings,
25structures, improvements, equipment and appliances useful in
26the operation of public warehouse, storage and transportation

 

 

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1facilities and industrial, manufacturing or commercial
2activities for the accommodation of or in connection with
3commerce by water or land or in the air or useful as an aid, or
4constituting an advantage or convenience to, the safe landing,
5taking off and navigation of aircraft or the safe and
6efficient operation or maintenance of a public airport.
7    (r) "Port facilities" means all public structures, except
8terminal facilities as defined herein, that are in, over,
9under or adjacent to navigable waters and are necessary for or
10incident to the furtherance of water commerce and includes the
11widening and deepening of slips, harbors and navigable waters.
12    (s) "Airport" means any locality, either land or water,
13which is used or designed for the landing and taking off of
14aircraft or for the location of runways, landing fields,
15aerodromes, hangars, buildings, structures, airport roadways
16and other facilities.
17(Source: P.A. 86-1024.)
 
18    (70 ILCS 530/4)  (from Ch. 85, par. 7154)
19    Sec. 4. Establishment.
20    (a) There is hereby created a political subdivision, body
21politic and municipal corporation named the Upper Illinois
22River Valley Development Authority. The territorial
23jurisdiction of the Authority is that geographic area within
24the boundaries of Grundy, LaSalle, Bureau, Putnam, Kendall,
25Kane, Lake, McHenry, and Marshall counties in the State of

 

 

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1Illinois and any navigable waters and air space located
2therein.
3    (b) The governing and administrative powers of the
4Authority shall be vested in a body consisting of 21 members
5including, as ex officio members, the Director of Commerce and
6Economic Opportunity, or his or her designee, and the Director
7of the Department of Central Management Services, or his or
8her designee. The other 19 members of the Authority shall be
9designated "public members", 10 of whom shall be appointed by
10the Governor with the advice and consent of the Senate and 9 of
11whom shall be appointed one each by the county board chairmen
12of Grundy, LaSalle, Bureau, Putnam, Kendall, Kane, Lake,
13McHenry, and Marshall counties. All public members shall
14reside within the territorial jurisdiction of this Act. Eleven
15members shall constitute a quorum, and the Board may not meet
16or take any action without a quorum present. The public
17members shall be persons of recognized ability and experience
18in one or more of the following areas: economic development,
19finance, banking, industrial development, small business
20management, real estate development, community development,
21venture finance, organized labor or civic, community or
22neighborhood organization. The Chairman of the Authority shall
23be elected by the Board annually from the 9 members appointed
24by the county board chairmen.
25    (c) The terms of all initial members of the Authority
26shall begin 30 days after the effective date of this Act. Of

 

 

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1the 14 public members appointed pursuant to this Act, 4
2appointed by the Governor shall serve until the third Monday
3in January, 1992, 4 appointed by the Governor shall serve
4until the third Monday in January, 1993, one appointed by the
5Governor shall serve until the third Monday in January, 1994,
6one appointed by the Governor shall serve until the third
7Monday in January 1999, the member appointed by the county
8board chairman of LaSalle County shall serve until the third
9Monday in January, 1992, the members appointed by the county
10board chairmen of Grundy County, Bureau County, Putnam County,
11and Marshall County shall serve until the third Monday in
12January, 1994, and the member appointed by the county board
13chairman of Kendall County shall serve until the third Monday
14in January, 1999. The initial members appointed by the
15chairmen of the county boards of Kane and McHenry counties
16shall serve until the third Monday in January, 2003. The
17initial members appointed by the chairman of the county board
18of Lake County shall serve until the third Monday in January,
192018. All successors shall be appointed by the original
20appointing authority and hold office for a term of 3 years
21commencing the third Monday in January of the year in which
22their term commences, except in case of an appointment to fill
23a vacancy. Vacancies occurring among the public members shall
24be filled for the remainder of the term. In case of vacancy in
25a Governor-appointed membership when the Senate is not in
26session, the Governor may make a temporary appointment until

 

 

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1the next meeting of the Senate when a person shall be nominated
2to fill such office, and any person so nominated who is
3confirmed by the Senate shall hold office during the remainder
4of the term and until a successor shall be appointed and
5qualified. Members of the Authority shall not be entitled to
6compensation for their services as members but shall be
7entitled to reimbursement for all necessary expenses incurred
8in connection with the performance of their duties as members.
9    (d) The Governor may remove any public member of the
10Authority in case of incompetency, neglect of duty, or
11malfeasance in office.
12    (e) The Board shall appoint an Executive Director who
13shall have a background in finance, including familiarity with
14the legal and procedural requirements of issuing bonds, real
15estate or economic development and administration. The
16Executive Director shall hold office at the discretion of the
17Board. The Executive Director shall be the chief
18administrative and operational officer of the Authority, shall
19direct and supervise its administrative affairs and general
20management, shall perform such other duties as may be
21prescribed from time to time by the members and shall receive
22compensation fixed by the Authority. The Executive Director
23shall attend all meetings of the Authority; however, no action
24of the Authority shall be invalid on account of the absence of
25the Executive Director from a meeting. The Authority may
26engage the services of such other agents and employees,

 

 

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1including attorneys, appraisers, engineers, accountants,
2credit analysts and other consultants, as it may deem
3advisable and may prescribe their duties and fix their
4compensation.
5    (f) The Board may, by majority vote, nominate up to 4
6non-voting members for appointment by the Governor. Non-voting
7members shall be persons of recognized ability and experience
8in one or more of the following areas: economic development,
9finance, banking, industrial development, small business
10management, real estate development, community development,
11venture finance, organized labor or civic, community or
12neighborhood organization. Non-voting members shall serve at
13the pleasure of the Board. All non-voting members may attend
14meetings of the Board and shall be reimbursed as provided in
15subsection (c).
16    (g) The Board shall create a task force to study and make
17recommendations to the Board on the economic development of
18the territory within the jurisdiction of this Act. The members
19of the task force shall reside within the territorial
20jurisdiction of this Act, shall serve at the pleasure of the
21Board and shall be persons of recognized ability and
22experience in one or more of the following areas: economic
23development, finance, banking, industrial development, small
24business management, real estate development, community
25development, venture finance, organized labor or civic,
26community or neighborhood organization. The number of members

 

 

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1constituting the task force shall be set by the Board and may
2vary from time to time. The Board may set a specific date by
3which the task force is to submit its final report and
4recommendations to the Board.
5(Source: P.A. 99-499, eff. 1-29-16.)
 
6    (70 ILCS 530/5.1 new)
7    Sec. 5.1. Requests for assistance; disclosure of economic
8interests.
9    (a) The Authority may not hear a request for assistance
10from a restricted person. This prohibition extends to business
11relationships between a person who is an Authority leader
12within one year prior to the request for assistance and to any
13entity in which a restricted person holds or, within the past 2
14years, held an ownership interest of 10% or more.
15    (b) An Authority leader shall disclose and recuse himself
16or herself from matters relating to requests for assistance
17from an entity that is relocating full-time employees from
18another Authority's counties if (i) both Authorities contract
19with or employ the same Authority leader or (ii) there is or,
20within the past 2 years of the request, there was a business
21relationship between the Authority leaders at the 2
22Authorities.
23    (c) The Board of the Authority shall vote to renew the
24appointment of the Executive Director and other Authority
25leaders on an annual basis. All contracts shall be approved on

 

 

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1an annual basis and use a public process to solicit
2applications. This requirement does not apply to full-time
3employees of the Authority unless otherwise required by
4applicable State law or local ordinance.
5    (d) Each Authority leader shall submit a statement of
6economic interest in accordance with Article 4A of the
7Illinois Governmental Ethics Act. Additionally, each Authority
8leader shall disclose to the Board outside sources of income
9and any business relationships in economic development
10consulting or lobbying. Reporting shall include the source of
11income, services provided, and timeline of when services were
12provided. If the source of income is a firm or organization
13with multiple clients, the report shall list all of the
14entities for which the individual provided services.
 
15    (70 ILCS 530/5.2 new)
16    Sec. 5.2. Open meetings; record disclosure.
17    (a) The Authority is subject to the Open Meetings Act and
18the Freedom of Information Act. Documents subject to the
19Freedom of Information Act include, but are not limited to,
20expenses, payroll, origination bonuses, and other financial
21details of the Authority.
22    (b) A contract or agreement entered into by the Authority
23must be posted on the Authority's website. The Authority shall
24provide a detailed report of the Authority's financial
25information on the Authority's website, including, but not

 

 

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1limited to, a statement of profits and losses, balance sheet,
2and income statement of the Authority.
 
3    (70 ILCS 530/14)  (from Ch. 85, par. 7164)
4    Sec. 14. Reports; commitment notice. The Authority shall
5annually submit a report of its finances to the Auditor
6General. The Authority shall annually submit a report of its
7activities to the Governor and General Assembly.
8    The Authority shall provide notice to the General
9Assembly, the Department of Commerce and Economic Opportunity,
10and the Governor once the Authority enters into a commitment
11to support the financing of a project. The notice to the
12General Assembly shall be filed with the Clerk of the House of
13Representatives and the Secretary of the Senate, in electronic
14form only, in the manner that the Clerk and the Secretary shall
15direct.
16(Source: P.A. 86-1024.)
 
17    Section 65. The Illinois Urban Development Authority Act
18is amended by changing Sections 3, 4, 5, and 6 as follows:
 
19    (70 ILCS 531/3)
20    Sec. 3. Definitions. The following terms, whenever used or
21referred to in this Act, shall have the following meanings,
22except in such instances where the context may clearly
23indicate otherwise:

 

 

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1    "Authority" means the Illinois Urban Development Authority
2created by this Act.
3    "Authority leader" means the Executive Director, Assistant
4Executive Director, or any other person serving in a
5management, administrative, or leadership role at the
6Authority.
7    "Board" means the Illinois Urban Development Authority
8Board of Directors.
9    "Bonds" shall include bonds, notes, or other evidence of
10indebtedness.
11    "Commercial project" means any project, including but not
12limited to one or more buildings and other structures,
13improvements, machinery, and equipment whether or not on the
14same site or sites now existing or hereafter acquired,
15suitable for use by any retail or wholesale concern,
16distributorship, or agency, any cultural facilities of a
17for-profit or not-for-profit type including but not limited to
18educational, theatrical, recreational and entertainment,
19sports facilities, racetracks, stadiums, convention centers,
20exhibition halls, arenas, opera houses and theaters,
21waterfront improvements, swimming pools, boat storage,
22moorage, docking facilities, restaurants, coliseums, sports
23training facilities, parking facilities, terminals, hotels and
24motels, gymnasiums, medical facilities, and port facilities.
25    "Costs incurred in connection with the development,
26construction, acquisition, or improvement of a project" means

 

 

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1the cost of purchase and construction of all lands and
2improvements in connection with a project and equipment and
3other property, rights, easements, and franchises acquired
4that are deemed necessary for such construction; financing
5charges; interest costs with respect to bonds, notes, and
6other evidences of indebtedness of the Authority prior to and
7during construction and for a period of 6 months thereafter;
8engineering and legal expenses; the costs of plans,
9specifications, surveys, and estimates of costs and other
10expenses necessary or incident to determining the feasibility
11or practicability of any project, together with such other
12expenses as may be necessary or incident to the financing,
13insuring, acquisition, and construction of a specific project
14and the placing of the same in operation.
15    "Develop" or "development" means to do one or more of the
16following: plan, design, develop, lease, acquire, install,
17construct, reconstruct, rehabilitate, extend, or expand.
18    "Financial aid" means the expenditure of Authority funds
19or funds provided by the Authority through the issuance of its
20revenue bonds, notes, or other evidences of indebtedness for
21the development, construction, acquisition, or improvement of
22a project.
23    "Governmental agency" means any federal, State or local
24governmental body, and any agency or instrumentality thereof,
25corporate or otherwise.
26    "Governor" means the Governor of the State of Illinois.

 

 

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1    "Housing project" or "residential project" includes a
2specific work or improvement undertaken to provide dwelling
3accommodations, including the acquisition, construction,
4leasing, or rehabilitation of lands, buildings, and community
5facilities and in connection therewith to provide nonhousing
6facilities which are an integral part of a planned large-scale
7project or new community.
8    "Industrial project" means (1) a capital project,
9including one or more buildings and other structures,
10improvements, machinery, and equipment whether or not on the
11same site or sites now existing or hereafter acquired,
12suitable for use by any manufacturing, industrial, research,
13transportation, or commercial enterprise including but not
14limited to use as a factory, mill, processing plant, assembly
15plant, packaging plant, fabricating plant, office building,
16industrial distribution center, warehouse, repair, overhaul or
17service facility, freight terminal, research facility, test
18facility, railroad facility, solid waste and wastewater
19treatment and disposal sites and other pollution control
20facilities, resource or waste reduction, recovery, treatment
21and disposal facilities, and including also the sites thereof
22and other rights in land therefor whether improved or
23unimproved, site preparation and landscaping and all
24appurtenances and facilities incidental thereto such as
25utilities, access roads, railroad sidings, truck docking and
26similar facilities, parking facilities, dockage, wharfage,

 

 

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1railroad roadbed, track, trestle, depot, terminal, switching,
2and signaling equipment or related equipment and other
3improvements necessary or convenient thereto; or (2) any land,
4buildings, machinery or equipment comprising an addition to or
5renovation, rehabilitation or improvement of any existing
6capital project.
7    "Lease agreement" means an agreement whereby a project
8acquired by the Authority by purchase, gift, or lease is
9leased to any person or corporation that will use or cause the
10project to be used as a project as defined in this Act upon
11terms providing for lease rental payments at least sufficient
12to pay when due all principal of and interest and premium, if
13any, on any bonds, notes or other evidences of indebtedness of
14the Authority issued with respect to such project, providing
15for the maintenance, insurance, and operation of the project
16on terms satisfactory to the Authority, and providing for
17disposition of the project upon termination of the lease term,
18including purchase options or abandonment of the premises,
19with such other terms as may be deemed desirable by the
20Authority. The Authority may, directly or indirectly, lease or
21otherwise transfer property the Authority owns to another and
22such leased property shall remain tax exempt.
23    "Loan agreement" means any agreement pursuant to which the
24Authority agrees to loan the proceeds of its bonds, notes, or
25other evidences of indebtedness issued with respect to a
26project to any person or corporation that will use or cause the

 

 

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1project to be used as a project as defined in this Act upon
2terms providing for loan repayment installments at least
3sufficient to pay when due all principal and interest and
4premium, if any, on any bonds, notes, or other evidences of
5indebtedness of the Authority issued with respect to the
6project, providing for maintenance, insurance, and operation
7of the project on terms satisfactory to the Authority and
8providing for other matters as may be deemed advisable by the
9Authority.
10    "Maintain" or "maintenance" includes ordinary maintenance,
11repair, rehabilitation, capital maintenance, maintenance
12replacement, and any other categories of maintenance that may
13be designated by the local, regional, or State transportation
14agency.
15    "Municipal poverty rate" is the percentage of total
16population of the municipality having income levels below the
17poverty level as determined by the Authority based upon the
18most recent data released by the United States Census Bureau
19before the beginning of such calendar year.
20    "Occupational license" means a license issued by the
21Illinois Gaming Board to a person or entity to perform an
22occupation which the Illinois Gaming Board has identified as
23requiring a license to engage in riverboat, dockside, or
24land-based gambling in Illinois.
25    "Operate" or "operation" means to do one or more of the
26following: maintain, improve, equip, modify, or otherwise

 

 

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1operate.
2    "Person" means any natural person, firm, partnership,
3corporation, both domestic and foreign, company, association,
4or joint stock association and includes any trustee, receiver,
5assignee, or personal representative thereof.
6    "Project" means an industrial, housing, residential,
7commercial, transportation, or service project, or any
8combination thereof, provided that all uses shall fall within
9one of those categories. Any project, of any nature
10whatsoever, shall automatically include all site improvements
11and new construction involving sidewalks, sewers, solid waste
12and wastewater treatment and disposal sites and other
13pollution control facilities, resource or waste reduction,
14recovery, treatment and disposal facilities, parks, open
15spaces, wildlife sanctuaries, streets, highways, and runways.
16    "Restricted person" means a person who has a familial or
17business relationship with an Authority leader.
18    "Revenue bond" means any bond issued by the Authority
19under the supervision of the Illinois Finance Authority, the
20principal and interest of which are payable solely from
21revenues or income derived from any project or activity of the
22Authority.
23    "Transportation facility" means any new or existing road,
24highway, toll highway, bridge, tunnel, intermodal facility,
25intercity or high-speed passenger rail, or other
26transportation facility or infrastructure, excluding airports.

 

 

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1The term "transportation facility" may refer to one or more
2transportation facilities that are proposed to be developed or
3operated as part of a single transportation project.
4    "Transportation project" means one or more transportation
5improvement projects including, but not limited to, new or
6existing roads or highways, new or expanded intermodal
7projects, and new or expanded transit projects,
8transit-oriented development, intercity rail, and passenger
9rail. "Transportation project" does not include airport
10projects.
11(Source: P.A. 98-384, eff. 8-16-13.)
 
12    (70 ILCS 531/4)
13    Sec. 4. Illinois Urban Development Authority. There is
14hereby created a political subdivision, body politic and
15corporate by the name of Illinois Urban Development Authority.
16The exercise by the Authority of the powers conferred by law
17shall be an essential public function. The governing powers of
18the Authority shall be vested in a body consisting of 11
19members appointed as follows: one member appointed by the
20Mayor of the City of Chicago that has expertise, skill, and
21experience in economic development; one member appointed by
22the President of the Cook County Board that has expertise,
23skill, and experience in economic development; 4 members
24appointed by the Governor who are residents of a municipality,
25other than a municipality with a population greater than

 

 

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11,000,000, whose municipal poverty rate is greater than 3% in
2excess of the statewide average; 2 members appointed by the
3Governor that have an expertise, skill, and experience in
4labor relations; and 3 members appointed by the Governor that
5have an expertise, skill, and experience operating a business
6that is certified by the State of Illinois as a Disadvantaged
7Business Enterprise, Minority Business Enterprise, or Women
8Business Enterprise.
9    Six members shall constitute a quorum. However, when a
10quorum of members of the Authority is physically present at
11the meeting site, other Authority members may participate in
12and act at any meeting through the use of a conference
13telephone or other communications equipment by means of which
14all persons participating in the meeting can hear each other.
15Participation in such meeting shall constitute attendance and
16presence in person at the meeting of the person or persons so
17participating. The Chairman of the Authority shall be elected
18by the Authority. All board members shall be persons of
19recognized ability and experience in one or more of the
20following areas: economic development, finance, banking,
21industrial development, small business management, real estate
22development, community development, venture finance,
23construction, and labor relations. The Board may not meet or
24take any action unless the quorum of 6 members are physically
25present, are present by phone, or are otherwise present as
26required by this paragraph.

 

 

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1    The terms of all members of the Authority shall begin 30
2days after the effective date of this Act. Of the 11 members
3first appointed pursuant to this Act, 4 shall serve until the
4third Monday in January 2011, 4 shall serve until the third
5Monday in January 2012, and 3 shall serve until the third
6Monday in January 2013. All board members shall hold office
7for a term of 4 years commencing the third Monday in January of
8the year in which their term commences, except in case of an
9appointment to fill a vacancy. In case of vacancy in the office
10when the Senate is not in session, the Governor may make a
11temporary appointment until the next meeting of the Senate
12when he shall nominate such person to fill such office, and any
13person so nominated who is confirmed by the Senate, shall hold
14his office during the remainder of the term and until his
15successor shall be appointed and qualified. If the Senate is
16not in session, the Governor may make temporary appointments
17in the case of vacancies.
18    Members of the Authority shall not be entitled to
19compensation for their services as members but shall be
20entitled to reimbursement for all necessary expenses incurred
21in connection with the performance of their duties as members.
22The Governor may remove any member of the Authority in case of
23incompetency, neglect of duty, or malfeasance in office, after
24service on the member of a copy of the written charges against
25the member and an opportunity to be publicly heard in person or
26by counsel in the his or her defense upon not less than 10

 

 

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1days' notice.
2    The members of the Authority shall appoint an Executive
3Director, who must be a person knowledgeable in the areas of
4financial markets and instruments and the financing of
5business enterprises, to hold office at the pleasure of the
6members. The Executive Director shall be the chief
7administrative and operational officer of the Authority and
8shall direct and supervise its administrative affairs and
9general management and perform such other duties as may be
10prescribed from time to time by the members and shall receive
11compensation fixed by the Authority. The Executive Director or
12any committee of the members may carry out any
13responsibilities of the members as the members by resolution
14may delegate. The Executive Director shall attend all meetings
15of the Authority; however, no action of the Authority shall be
16invalid on account of the absence of the Executive Director
17from a meeting. The Authority may engage the services of such
18other agents and employees, including attorneys, appraisers,
19engineers, accountants, credit analysts, and other
20consultants, as it may deem advisable and may prescribe their
21duties and fix their compensation.
22    The Authority shall determine the municipal poverty rate
23and the statewide average municipal poverty rate annually by
24using the most recent data released by the United States
25Census Bureau before the beginning of each calendar year. The
26Authority shall have the sole and exclusive authority to

 

 

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1determine the municipal poverty rate and the statewide average
2municipal poverty rate and to determine whether a
3municipality's poverty rate is greater than 3% in excess of
4the statewide average so long as the determination is based on
5the most recent data released by the United States Census
6Bureau.
7(Source: P.A. 96-234, eff. 1-1-10.)
 
8    (70 ILCS 531/5)
9    Sec. 5. Conflicts of interest; requests for assistance;
10disclosure of economic interests.
11    (a) No member of the Authority or officer, agent, or
12employee thereof shall, in the member's own name or in the name
13of a nominee, be an officer, director, or hold an ownership
14interest in any person, association, trust, corporation,
15partnership, or other entity which is, in its own name or in
16the name of a nominee, a party to a contract or agreement upon
17which the member or officer, agent or employee may be called
18upon to act or vote.
19    (b) With respect to any direct or any indirect interest,
20other than an interest prohibited in subsection (a), in a
21contract or agreement upon which the member or officer, agent
22or employee may be called upon to act or vote, a member of the
23Authority or officer, agent, or employee thereof must disclose
24the interest to the secretary of the Authority prior to the
25taking of final action by the Authority concerning the

 

 

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1contract or agreement and shall disclose the nature and extent
2of the interest and his or her acquisition thereof, which
3shall be publicly acknowledged by the Authority and entered
4upon the minutes of the Authority. If a member of the Authority
5or officer, agent, or employee thereof holds such an interest
6then the member shall refrain from any further official
7involvement in regard to the contract or agreement, from
8voting on any matter pertaining to the contract or agreement,
9and from communicating with other members of the Authority or
10its officers, agents, and employees concerning the contract or
11agreement. Notwithstanding any other provision of law, any
12contract or agreement entered into in conformity with this
13subsection shall not be void or invalid by reason of the
14interest described in this subsection, nor shall any person
15disclosing an interest and refraining from further official
16involvement as provided in this subsection be guilty of an
17offense, be removed from office, or be subject to any other
18penalty on account of the interest.
19    (c) Any contract or agreement made in violation of
20subsections (a) or (b) shall be null and void, whether or not
21the contract performance has been authorized, and shall give
22rise to no action against the Authority. No real estate to
23which a member or employee of the Authority holds legal title
24or in which a member or employee of the Authority has any
25beneficial interest, including any interest in a land trust,
26shall be purchased by the Authority or by a nonprofit

 

 

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1corporation or limited-profit entity for a development to be
2financed under this Act.
3    All members and employees of the Authority shall file
4annually with the Authority a record of all real estate in this
5State to which the member or employee holds legal title or in
6which the member or employee has any beneficial interest,
7including any interest in a land trust. In the event it is
8later disclosed that the Authority has purchased real estate
9in which a member or employee had an interest, that purchase
10shall be voidable by the Authority and the member or employee
11involved shall be disqualified from membership in or
12employment by the Authority.
13    (d) The Authority may not hear a request for assistance
14from a restricted person. This prohibition extends to business
15relationships between a person who is an Authority leader
16within one year prior to the request for assistance and to any
17entity in which a restricted person holds or, within the past 2
18years, held an ownership interest of 10% or more.
19    (e) An Authority leader shall disclose and recuse himself
20or herself from matters relating to requests for assistance
21from an entity that is relocating full-time employees from
22another Authority's counties if (i) both Authorities contract
23with or employ the same Authority leader or (ii) there is or,
24within the past 2 years of the request, there was a business
25relationship between the Authority leaders at the 2
26Authorities.

 

 

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1    (f) The Board of the Authority shall vote to renew the
2appointment of the Executive Director and other Authority
3leaders on an annual basis. All contracts shall be approved on
4an annual basis and use a public process to solicit
5applications. This requirement does not apply to full-time
6employees of the Authority unless otherwise required by
7applicable State law or local ordinance.
8    (g) Each Authority leader shall submit a statement of
9economic interest in accordance with Article 4A of the
10Illinois Governmental Ethics Act. Additionally, each Authority
11leader shall disclose to the Board outside sources of income
12and any business relationships in economic development
13consulting or lobbying. Reporting shall include the source of
14income, services provided, and timeline of when services were
15provided. If the source of income is a firm or organization
16with multiple clients, the report shall list all of the
17entities for which the individual provided services.
18(Source: P.A. 96-234, eff. 1-1-10.)
 
19    (70 ILCS 531/6)
20    Sec. 6. Records, and reports, and notices of the
21Authority. The secretary shall keep a record of the
22proceedings of the Authority. The treasurer of the Authority
23shall be custodian of all Authority funds, and shall be bonded
24in such amount as the other members of the Authority may
25designate. The accounts and bonds of the Authority shall be

 

 

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1set up and maintained in a manner approved by the Auditor
2General, and the Authority shall file with the Auditor General
3a certified annual report within 120 days after the close of
4its fiscal year. The Authority shall also file with the
5Governor, the Secretary of the Senate, the Clerk of the House
6of Representatives, and the Commission on Government
7Forecasting and Accountability, by March 1 of each year, a
8written report covering its activities and any activities of
9any instrumentality corporation established under this Act for
10the previous fiscal year. In its report to be filed by March 1,
112010, the Authority shall present an economic development
12strategy for all municipalities with a municipal poverty rate
13greater than 3% in excess of the statewide average, the
14Authority shall make modifications in the economic development
15strategy for the 4 years beginning on the next ensuing July 1,
16to reflect changes in economic conditions or other factors,
17including the policies of the Authority and the State of
18Illinois. It shall also present an economic development
19strategy for the fifth year beginning after the next ensuing
20July 1. The strategy shall recommend specific legislative and
21administrative action by the State, the Authority, units of
22local government, or other governmental agencies. These
23recommendations may include, but are not limited to, new
24programs, modifications to existing programs, credit
25enhancements for bonds issued by the Authority, and amendments
26to this Act. When filed, the report shall be a public record

 

 

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1and open for inspection at the offices of the Authority during
2normal business hours.
3    The Authority is subject to the Open Meetings Act and the
4Freedom of Information Act. Documents subject to the Freedom
5of Information Act include, but are not limited to, expenses,
6payroll, origination bonuses, and other financial details of
7the Authority.
8    A contract or agreement entered into by the Authority must
9be posted on the Authority's website. The Authority shall
10provide a detailed report of the Authority's financial
11information on the Authority's website, including, but not
12limited to, a statement of profits and losses, balance sheet,
13and income statement of the Authority.
14    The Authority shall provide notice to the General
15Assembly, the Department of Commerce and Economic Opportunity,
16and the Governor once the Authority enters into a commitment
17to support the financing of a project. The notice to the
18General Assembly shall be filed with the Clerk of the House of
19Representatives and the Secretary of the Senate, in electronic
20form only, in the manner that the Clerk and the Secretary shall
21direct.
22(Source: P.A. 100-1148, eff. 12-10-18.)
 
23    Section 70. The Western Illinois Economic Development
24Authority Act is amended by changing Sections 15, 20, and 75
25and by adding Sections 26 and 27 as follows:
 

 

 

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1    (70 ILCS 532/15)
2    Sec. 15. Definitions. In this Act:
3    "Authority" means the Western Illinois Economic
4Development Authority.
5    "Authority leader" means the Executive Director, Assistant
6Executive Director, or any other person serving in a
7management, administrative, or leadership role at the
8Authority.
9    "Governmental agency" means any federal, State, or local
10governmental body and any agency or instrumentality thereof,
11corporate or otherwise.
12    "Person" means any natural person, firm, partnership,
13corporation, both domestic and foreign, company, association
14or joint stock association and includes any trustee, receiver,
15assignee or personal representative thereof.
16    "Restricted person" means a person who has a familial or
17business relationship with an Authority leader.
18    "Revenue bond" means any bond issued by the Authority, the
19principal and interest of which is payable solely from
20revenues or income derived from any project or activity of the
21Authority.
22    "Board" means the Board of Directors of the Western
23Illinois Economic Development Authority.
24    "Governor" means the Governor of the State of Illinois.
25    "City" means any city, village, incorporated town, or

 

 

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1township within the geographical territory of the Authority.
2    "Industrial project" means the following:
3        (1) a capital project, including one or more buildings
4    and other structures, improvements, machinery and
5    equipment whether or not on the same site or sites now
6    existing or hereafter acquired, suitable for use by any
7    manufacturing, industrial, research, transportation or
8    commercial enterprise including but not limited to use as
9    a factory, mill, processing plant, assembly plant,
10    packaging plant, fabricating plant, ethanol plant, office
11    building, industrial distribution center, warehouse,
12    repair, overhaul or service facility, freight terminal,
13    research facility, test facility, railroad facility, port
14    facility, solid waste and wastewater treatment and
15    disposal sites and other pollution control facilities,
16    resource or waste reduction, recovery, treatment and
17    disposal facilities, and including also the sites thereof
18    and other rights in land therefore whether improved or
19    unimproved, site preparation and landscaping and all
20    appurtenances and facilities incidental thereto such as
21    utilities, access roads, railroad sidings, truck docking
22    and similar facilities, parking facilities, dockage,
23    wharfage, railroad roadbed, track, trestle, depot,
24    terminal, switching and signaling equipment or related
25    equipment and other improvements necessary or convenient
26    thereto; or

 

 

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1        (2) any land, buildings, machinery or equipment
2    comprising an addition to or renovation, rehabilitation or
3    improvement of any existing capital project.
4    "Housing project" or "residential project" includes a
5specific work or improvement undertaken to provide dwelling
6accommodations, including the acquisition, construction or
7rehabilitation of lands, buildings and community facilities
8and in connection therewith to provide nonhousing facilities
9which are an integral part of a planned large-scale project or
10new community.
11    "Commercial project" means any project, including, but not
12limited to, one or more buildings and other structures,
13improvements, machinery, and equipment, whether or not on the
14same site or sites now existing or hereafter acquired,
15suitable for use by any retail or wholesale concern,
16distributorship, or agency.
17    "Project" means an industrial, housing, residential,
18commercial, or service project, or any combination thereof,
19provided that all uses fall within one of the categories
20described above. Any project automatically includes all site
21improvements and new construction involving sidewalks, sewers,
22solid waste and wastewater treatment and disposal sites and
23other pollution control facilities, resource or waste
24reduction, recovery, treatment and disposal facilities, parks,
25open spaces, wildlife sanctuaries, streets, highways, and
26runways.

 

 

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1    "Lease agreement" means an agreement in which a project
2acquired by the Authority by purchase, gift, or lease is
3leased to any person or corporation that will use, or cause the
4project to be used, as a project, upon terms providing for
5lease rental payments at least sufficient to pay, when due,
6all principal of and interest and premium, if any, on any
7bonds, notes, or other evidences of indebtedness of the
8Authority, issued with respect to the project, providing for
9the maintenance, insurance, and operation of the project on
10terms satisfactory to the Authority and providing for
11disposition of the project upon termination of the lease term,
12including purchase options or abandonment of the premises,
13with other terms as may be deemed desirable by the Authority.
14    "Loan agreement" means any agreement in which the
15Authority agrees to loan the proceeds of its bonds, notes, or
16other evidences of indebtedness, issued with respect to a
17project, to any person or corporation which will use or cause
18the project to be used as a project, upon terms providing for
19loan repayment installments at least sufficient to pay, when
20due, all principal of and interest and premium, if any, on any
21bonds, notes, or other evidences of indebtedness of the
22Authority issued with respect to the project, providing for
23maintenance, insurance, and operation of the project on terms
24satisfactory to the Authority and providing for other terms
25deemed advisable by the Authority.
26    "Financial aid" means the expenditure of Authority funds

 

 

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1or funds provided by the Authority for the development,
2construction, acquisition or improvement of a project, through
3the issuance of revenue bonds, notes, or other evidences of
4indebtedness.
5    "Costs incurred in connection with the development,
6construction, acquisition or improvement of a project" means
7the following:
8        (1) the cost of purchase and construction of all lands
9    and improvements in connection therewith and equipment and
10    other property, rights, easements, and franchises acquired
11    which are deemed necessary for the construction;
12        (2) financing charges;
13        (3) interest costs with respect to bonds, notes, and
14    other evidences of indebtedness of the Authority prior to
15    and during construction and for a period of 6 months
16    thereafter;
17        (4) engineering and legal expenses; and
18        (5) the costs of plans, specifications, surveys, and
19    estimates of costs and other expenses necessary or
20    incident to determining the feasibility or practicability
21    of any project, together with such other expenses as may
22    be necessary or incident to the financing, insuring,
23    acquisition, and construction of a specific project and
24    the placing of the same in operation.
25(Source: P.A. 98-750, eff. 1-1-15.)
 

 

 

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1    (70 ILCS 532/20)
2    Sec. 20. Creation.
3    (a) There is created a political subdivision, body
4politic, and municipal corporation named the Western Illinois
5Economic Development Authority. The territorial jurisdiction
6of the Authority is that geographic area within the boundaries
7of the following counties: Warren, Henderson, Hancock,
8McDonough, Fulton, Mason, Cass, Schuyler, Brown, Adams, Scott,
9Morgan, and Pike and any navigable waters and air space
10located therein.
11    (b) The governing and administrative powers of the
12Authority shall be vested in a body consisting of 21 members as
13follows:
14        (1) Ex officio members. The Director of Commerce and
15    Economic Opportunity, or a designee of that Department,
16    and the Director of Central Management Services, or a
17    designee of that Department, shall serve as ex officio
18    members.
19        (2) Public members. Six members shall be appointed by
20    the Governor with the advice and consent of the Senate.
21    The county board chairmen of the following counties shall
22    each appoint one member: Warren, Henderson, Hancock,
23    McDonough, Fulton, Mason, Cass, Schuyler, Brown, Adams,
24    Scott, Morgan, and Pike. All public members shall reside
25    within the territorial jurisdiction of the Authority. The
26    public members shall be persons of recognized ability and

 

 

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1    experience in one or more of the following areas: economic
2    development, finance, banking, industrial development,
3    state or local government, commercial agriculture, small
4    business management, real estate development, community
5    development, venture finance, organized labor, or civic or
6    community organization.
7    (c) 11 members shall constitute a quorum, and the Board
8may not meet or take any action without a quorum present.
9    (d) The chairman of the Authority shall be elected
10annually by the Board and must be a public member that resides
11within the territorial jurisdiction of the Authority.
12    (e) The terms of all initial members of the Authority
13shall begin 30 days after the effective date of this Act. Of
14the 6 original public members appointed by the Governor, 2
15shall serve until the third Monday in January, 2005; 1 shall
16serve until the third Monday in January, 2006; 1 shall serve
17until the third Monday in January, 2007; 1 shall serve until
18the third Monday in January, 2008; and 1 shall serve until the
19third Monday in January, 2009. The initial terms of the
20original public members appointed by the county board chairmen
21shall be determined by lot, according to the following
22schedule: (i) 3 shall serve until the third Monday in January,
232005, (ii) 3 shall serve until the third Monday in January,
242006, (iii) 3 shall serve until the third Monday in January,
252007, (iv) 2 shall serve until the third Monday in January,
262008, and (v) 2 shall serve until the third Monday in January,

 

 

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12009. All successors to these original public members shall be
2appointed by the original appointing authority and all
3appointments made by the Governor shall be made with the
4advice and consent of the Senate, pursuant to subsection (b),
5and shall hold office for a term of 6 years commencing the
6third Monday in January of the year in which their term
7commences, except in the case of an appointment to fill a
8vacancy. Vacancies occurring among the public members shall be
9filled for the remainder of the term. In case of vacancy in a
10Governor-appointed membership when the Senate is not in
11session, the Governor may make a temporary appointment until
12the next meeting of the Senate when a person shall be nominated
13to fill the office and, upon confirmation by the Senate, he or
14she shall hold office during the remainder of the term and
15until a successor is appointed and qualified. Members of the
16Authority are not entitled to compensation for their services
17as members but are entitled to reimbursement for all necessary
18expenses incurred in connection with the performance of their
19duties as members.
20    (f) The Governor may remove any public member of the
21Authority in case of incompetence, neglect of duty, or
22malfeasance in office. The chairman of a county board may
23remove any public member appointed by that chairman in the
24case of incompetence, neglect of duty, or malfeasance in
25office.
26    (g) The Board shall appoint an Executive Director who

 

 

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1shall have a background in finance, including familiarity with
2the legal and procedural requirements of issuing bonds, real
3estate, or economic development and administration. The
4Executive Director shall hold office at the discretion of the
5Board. The Executive Director shall be the chief
6administrative and operational officer of the Authority, shall
7direct and supervise its administrative affairs and general
8management, perform such other duties as may be prescribed
9from time to time by the members, and receive compensation
10fixed by the Authority. The Department of Commerce and
11Community Affairs shall pay the compensation of the Executive
12Director from appropriations received for that purpose. The
13Executive Director shall attend all meetings of the Authority.
14However, no action of the Authority shall be invalid on
15account of the absence of the Executive Director from a
16meeting. The Authority may engage the services of the Illinois
17Finance Authority, attorneys, appraisers, engineers,
18accountants, credit analysts, and other consultants if the
19Western Illinois Economic Development Authority deems it
20advisable.
21(Source: P.A. 93-874, eff. 8-6-04.)
 
22    (70 ILCS 532/26 new)
23    Sec. 26. Requests for assistance; disclosure of economic
24interests.
25    (a) The Authority may not hear a request for assistance

 

 

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1from a restricted person. This prohibition extends to business
2relationships between a person who is an Authority leader
3within one year prior to the request for assistance and to any
4entity in which a restricted person holds or, within the past 2
5years, held an ownership interest of 10% or more.
6    (b) An Authority leader shall disclose and recuse himself
7or herself from matters relating to requests for assistance
8from an entity that is relocating full-time employees from
9another Authority's counties if (i) both Authorities contract
10with or employ the same Authority leader or (ii) there is or,
11within the past 2 years of the request, there was a business
12relationship between the Authority leaders at the 2
13Authorities.
14    (c) The Board of the Authority shall vote to renew the
15appointment of the Executive Director and other Authority
16leaders on an annual basis. All contracts shall be approved on
17an annual basis and use a public process to solicit
18applications. This requirement does not apply to full-time
19employees of the Authority unless otherwise required by
20applicable State law or local ordinance.
21    (d) Each Authority leader shall submit a statement of
22economic interest in accordance with Article 4A of the
23Illinois Governmental Ethics Act. Additionally, each Authority
24leader shall disclose to the Board outside sources of income
25and any business relationships in economic development
26consulting or lobbying. Reporting shall include the source of

 

 

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1income, services provided, and timeline of when services were
2provided. If the source of income is a firm or organization
3with multiple clients, the report shall list all of the
4entities for which the individual provided services.
 
5    (70 ILCS 532/27 new)
6    Sec. 27. Open meetings; record disclosure.
7    (a) The Authority is subject to the Open Meetings Act and
8the Freedom of Information Act. Documents subject to the
9Freedom of Information Act include, but are not limited to,
10expenses, payroll, origination bonuses, and other financial
11details of the Authority.
12    (b) A contract or agreement entered into by the Authority
13must be posted on the Authority's website. The Authority shall
14provide a detailed report of the Authority's financial
15information on the Authority's website, including, but not
16limited to, a statement of profits and losses, balance sheet,
17and income statement of the Authority.
 
18    (70 ILCS 532/75)
19    Sec. 75. Reports; commitment notice. The Authority shall
20annually submit a report of its finances to the Auditor
21General. The Authority shall annually submit a report of its
22activities to the Governor and to the General Assembly.
23    The Authority shall provide notice to the General
24Assembly, the Department of Commerce and Economic Opportunity,

 

 

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1and the Governor once the Authority enters into a commitment
2to support the financing of a project. The notice to the
3General Assembly shall be filed with the Clerk of the House of
4Representatives and the Secretary of the Senate, in electronic
5form only, in the manner that the Clerk and the Secretary shall
6direct.
7(Source: P.A. 93-874, eff. 8-6-04.)
 
8    Section 75. The Will-Kankakee Regional Development
9Authority Law is amended by changing Sections 3, 4, and 13 and
10by adding Sections 5.1 and 5.2 as follows:
 
11    (70 ILCS 535/3)  (from Ch. 85, par. 7453)
12    Sec. 3. Definitions. The following terms, whenever used or
13referred to in this Act, shall have the following meanings,
14except in such instances where the context may clearly
15indicate otherwise:
16    (a) "Authority" means the Will-Kankakee Regional
17Development Authority created by this Act.
18    (a-5) "Authority leader" means the Executive Director,
19Assistant Executive Director, or any other person serving in a
20management, administrative, or leadership role at the
21Authority.
22    (b) "Governmental agency" means any federal, State or
23local governmental body, and any agency or instrumentality
24thereof, corporate or otherwise.

 

 

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1    (c) "Person" means any natural person, firm, partnership,
2corporation, both domestic and foreign, company, association
3or joint stock association and includes any trustee, receiver,
4assignee or personal representative thereof.
5    (c-5) "Restricted person" means a person who has a
6familial or business relationship with an Authority leader.
7    (d) "Revenue bond" means any bond issued by the Authority
8the principal and interest of which is payable solely from
9revenues or income derived from any project or activity of the
10Authority.
11    (e) "Board" means the Will-Kankakee Regional Development
12Authority Board of Directors.
13    (f) "Governor" means the Governor of the State of
14Illinois.
15    (g) "City" means any city, village, incorporated town or
16township within the geographical territory of the Authority.
17    (h) "Industrial project" means (1) a capital project,
18including one or more buildings and other structures,
19improvements, machinery and equipment whether or not on the
20same site or sites now existing or hereafter acquired,
21suitable for use by any manufacturing, industrial, research,
22transportation or commercial enterprise including but not
23limited to use as a factory, mill, processing plant, assembly
24plant, packaging plant, fabricating plant, office building,
25industrial distribution center, warehouse, repair, overhaul or
26service facility, freight terminal, research facility, test

 

 

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1facility, railroad facility, solid waste and wastewater
2treatment and disposal sites and other pollution control
3facilities, resource or waste reduction, recovery, treatment
4and disposal facilities, and including also the sites thereof
5and other rights in land therefor whether improved or
6unimproved, site preparation and landscaping and all
7appurtenances and facilities incidental thereto such as
8utilities, access roads, railroad sidings, truck docking and
9similar facilities, parking facilities, dockage, wharfage,
10railroad roadbed, track, trestle, depot, terminal, switching
11and signaling equipment or related equipment and other
12improvements necessary or convenient thereto; or (2) any land,
13buildings, machinery or equipment comprising an addition to or
14renovation, rehabilitation or improvement of any existing
15capital project.
16    (h-5) "Housing project" or "residential project" includes
17a specific work or improvement undertaken to provide dwelling
18accommodations, including the acquisition, construction or
19rehabilitation of lands, buildings and community facilities
20and in connection therewith to provide nonhousing facilities
21which are an integral part of a planned large-scale project or
22new community.
23    (i) "Commercial project" means any project, including but
24not limited to one or more buildings and other structures,
25improvements, machinery and equipment whether or not on the
26same site or sites now existing or hereafter acquired,

 

 

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1suitable for use by any retail or wholesale concern,
2distributorship or agency, any cultural facilities of a
3for-profit or not-for-profit type including but not limited to
4educational, theatrical, recreational and entertainment,
5sports facilities, racetracks, stadiums, convention centers,
6exhibition halls, arenas, opera houses and theaters,
7waterfront improvements, swimming pools, boat storage,
8moorage, docking facilities, restaurants, velodromes,
9coliseums, sports training facilities, parking facilities,
10terminals, hotels and motels, gymnasiums, medical facilities
11and port facilities.
12    (j) "Project" means an industrial, commercial or service
13project or any combination thereof provided that all uses
14shall fall within one of the categories described above. Any
15project, of any nature whatsoever, shall automatically include
16all site improvements and new construction involving
17sidewalks, sewers, solid waste and wastewater treatment and
18disposal sites and other pollution control facilities,
19resource or waste reduction, recovery, treatment and disposal
20facilities, parks, open spaces, wildlife sanctuaries, streets,
21highways and runways.
22    (k) "Lease agreement" shall mean an agreement whereby a
23project acquired by the Authority by purchase, gift or lease
24is leased to any person or corporation which will use or cause
25the project to be used as a project as heretofore defined upon
26terms providing for lease rental payments at least sufficient

 

 

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1to pay when due all principal of and interest and premium, if
2any, on any bonds, notes or other evidences of indebtedness of
3the Authority issued with respect to such project, providing
4for the maintenance, insurance and operation of the project on
5terms satisfactory to the Authority and providing for
6disposition of the project upon termination of the lease term,
7including purchase options or abandonment of the premises,
8with such other terms as may be deemed desirable by the
9Authority.
10    (l) "Loan agreement" means any agreement pursuant to which
11the Authority agrees to loan the proceeds of its bonds, notes
12or other evidences of indebtedness issued with respect to a
13project to any person or corporation which will use or cause
14the project to be used as a project as heretofore defined upon
15terms providing for loan repayment installments at least
16sufficient to pay when due all principal of and interest and
17premium, if any, on any bonds, notes or other evidences of
18indebtedness of the Authority issued with respect to the
19project, providing for maintenance, insurance and operation of
20the project on terms satisfactory to the Authority and
21providing for other matters as may be deemed advisable by the
22Authority.
23    (m) "Financial aid" means the expenditure of Authority
24funds or funds provided by the Authority through the issuance
25of its revenue bonds, notes or other evidences of indebtedness
26for the development, construction, acquisition or improvement

 

 

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1of a project.
2    (n) "Costs incurred in connection with the development,
3construction, acquisition or improvement of a project" means
4the following: the cost of purchase and construction of all
5lands and improvements in connection therewith and equipment
6and other property, rights, easements and franchises acquired
7which are deemed necessary for such construction; financing
8charges; interest costs with respect to bonds, notes and other
9evidences of indebtedness of the Authority prior to and during
10construction and for a period of 6 months thereafter;
11engineering and legal expenses; the costs of plans,
12specifications, surveys and estimates of costs and other
13expenses necessary or incident to determining the feasibility
14or practicability of any project, together with such other
15expenses as may be necessary or incident to the financing,
16insuring, acquisition and construction of a specific project
17and the placing of the same in operation.
18    (o) "Terminal" means a public place, station or depot for
19receiving and delivering passengers, baggage, mail, freight or
20express matter and any combination thereof in connection with
21the transportation of persons and property on water or land or
22in the air.
23    (p) "Terminal facilities" means all land, buildings,
24structures, improvements, equipment and appliances useful in
25the operation of public warehouse, storage and transportation
26facilities and industrial, manufacturing or commercial

 

 

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1activities for the accommodation of or in connection with
2commerce by water or land or in the air or useful as an aid, or
3constituting an advantage or convenience to, the safe landing,
4taking off and navigation of aircraft or the safe and
5efficient operation or maintenance of a public airport.
6    (q) "Port facilities" means all public structures, except
7terminal facilities as defined herein, that are in, over,
8under or adjacent to navigable waters and are necessary for or
9incident to the furtherance of water commerce and includes the
10widening and deepening of slips, harbors and navigable waters.
11    (r) "Airport" means any locality, either land or water,
12which is used or designed for the landing and taking off of
13aircraft or for the location of runways, landing fields,
14aerodromes, hangars, buildings, structures, airport roadways
15and other facilities.
16(Source: P.A. 98-750, eff. 1-1-15.)
 
17    (70 ILCS 535/4)  (from Ch. 85, par. 7454)
18    Sec. 4. Establishment.
19    (a) There is hereby created a political subdivision, body
20politic and municipal corporation named the Will-Kankakee
21Regional Development Authority. The territorial jurisdiction
22of the Authority is that geographic area within the boundaries
23of Will and Kankakee counties in the State of Illinois and any
24navigable waters and air space located therein.
25    (b) The governing and administrative powers of the

 

 

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1Authority shall be vested in a body consisting of 10 members
2including, as an ex officio member, the Director of Commerce
3and Economic Opportunity, or his or her designee. The other 9
4members of the Authority shall be designated "public members",
53 of whom shall be appointed by the Governor, 3 of whom shall
6be appointed by the county board chairman of Will County, and 3
7of whom shall be appointed by the county board chairman of
8Kankakee County. All public members shall reside within the
9territorial jurisdiction of this Act. Six members shall
10constitute a quorum, and the Board may not meet or take any
11action without a quorum present. The public members shall be
12persons of recognized ability and experience in one or more of
13the following areas: economic development, finance, banking,
14industrial development, small business management, real estate
15development, community development, venture finance, organized
16labor or civic, community or neighborhood organization. The
17Chairman of the Authority shall be elected by the Board
18annually from the 6 members appointed by the county board
19chairmen.
20    (c) The terms of all members of the Authority shall begin
2130 days after the effective date of this Act. Of the 9 public
22members appointed pursuant to this Act, 3 shall serve until
23the third Monday in January 1992, 3 shall serve until the third
24Monday in January 1993, and 3 shall serve until the third
25Monday in January 1994. All successors shall be appointed by
26the original appointing authority and hold office for a term

 

 

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1of 3 years commencing the third Monday in January of the year
2in which their term commences, except in case of an
3appointment to fill a vacancy. Vacancies occurring among the
4public members shall be filled for the remainder of the term.
5In case of vacancy in a Governor-appointed membership when the
6Senate is not in session, the Governor may make a temporary
7appointment until the next meeting of the Senate when a person
8shall be nominated to fill such office, and any person so
9nominated who is confirmed by the Senate shall hold office
10during the remainder of the term and until a successor shall be
11appointed and qualified. Members of the Authority shall not be
12entitled to compensation for their services as members but may
13be reimbursed for all necessary expenses incurred in
14connection with the performance of their duties as members.
15    (d) The Governor may remove any public member of the
16Authority in case of incompetency, neglect of duty, or
17malfeasance in office.
18    (e) The Board may appoint an Executive Director who shall
19have a background in finance, including familiarity with the
20legal and procedural requirements of issuing bonds, real
21estate or economic development and administration. The
22Executive Director shall hold office at the discretion of the
23Board. The Executive Director shall be the chief
24administrative and operational officer of the Authority, shall
25direct and supervise its administrative affairs and general
26management, shall perform such other duties as may be

 

 

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1prescribed from time to time by the members and shall receive
2compensation fixed by the Authority. The Executive Director
3shall attend all meetings of the Authority; however, no action
4of the Authority shall be invalid on account of the absence of
5the Executive Director from a meeting. The Authority may
6engage the services of such other agents and employees,
7including attorneys, appraisers, engineers, accountants,
8credit analysts and other consultants, as it may deem
9advisable and may prescribe their duties and fix their
10compensation.
11    (f) The Board may, by majority vote, nominate up to 4
12non-voting members for appointment by the Governor. Non-voting
13members shall be persons of recognized ability and experience
14in one or more of the following areas: economic development,
15finance, banking, industrial development, small business
16management, real estate development, community development,
17venture finance, organized labor or civic, community or
18neighborhood organization. Non-voting members shall serve at
19the pleasure of the Board. All non-voting members may attend
20meetings of the Board and may be reimbursed as provided in
21subsection (c).
22    (g) The Board shall create a task force to study and make
23recommendations to the Board on the economic development of
24the territory within the jurisdiction of this Act. The members
25of the task force shall reside within the territorial
26jurisdiction of this Act, shall serve at the pleasure of the

 

 

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1Board and shall be persons of recognized ability and
2experience in one or more of the following areas: economic
3development, finance, banking, industrial development, small
4business management, real estate development, community
5development, venture finance, organized labor or civic,
6community or neighborhood organization. The number of members
7constituting the task force shall be set by the Board and may
8vary from time to time. The Board may set a specific date by
9which the task force is to submit its final report and
10recommendations to the Board.
11(Source: P.A. 94-793, eff. 5-19-06.)
 
12    (70 ILCS 535/5.1 new)
13    Sec. 5.1. Requests for assistance; disclosure of economic
14interests.
15    (a) The Authority may not hear a request for assistance
16from a restricted person. This prohibition extends to business
17relationships between a person who is an Authority leader
18within one year prior to the request for assistance and to any
19entity in which a restricted person holds or, within the past 2
20years, held an ownership interest of 10% or more.
21    (b) An Authority leader shall disclose and recuse himself
22or herself from matters relating to requests for assistance
23from an entity that is relocating full-time employees from
24another Authority's counties if (i) both Authorities contract
25with or employ the same Authority leader or (ii) there is or,

 

 

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1within the past 2 years of the request, there was a business
2relationship between the Authority leaders at the 2
3Authorities.
4    (c) The Board of the Authority shall vote to renew the
5appointment of the Executive Director and other Authority
6leaders on an annual basis. All contracts shall be approved on
7an annual basis and use a public process to solicit
8applications. This requirement does not apply to full-time
9employees of the Authority unless otherwise required by
10applicable State law or local ordinance.
11    (d) Each Authority leader shall submit a statement of
12economic interest in accordance with Article 4A of the
13Illinois Governmental Ethics Act. Additionally, each Authority
14leader shall disclose to the Board outside sources of income
15and any business relationships in economic development
16consulting or lobbying. Reporting shall include the source of
17income, services provided, and timeline of when services were
18provided. If the source of income is a firm or organization
19with multiple clients, the report shall list all of the
20entities for which the individual provided services.
 
21    (70 ILCS 535/5.2 new)
22    Sec. 5.2. Open meetings; record disclosure.
23    (a) The Authority is subject to the Open Meetings Act and
24the Freedom of Information Act. Documents subject to the
25Freedom of Information Act include, but are not limited to,

 

 

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1expenses, payroll, origination bonuses, and other financial
2details of the Authority.
3    (b) A contract or agreement entered into by the Authority
4must be posted on the Authority's website. The Authority shall
5provide a detailed report of the Authority's financial
6information on the Authority's website, including, but not
7limited to, a statement of profits and losses, balance sheet,
8and income statement of the Authority.
 
9    (70 ILCS 535/13)  (from Ch. 85, par. 7463)
10    Sec. 13. Reports; commitment notice. The Authority shall
11annually submit a report of its finances to the Auditor
12General. The Authority shall annually submit a report of its
13activities to the Governor and General Assembly.
14    The Authority shall provide notice to the General
15Assembly, the Department of Commerce and Economic Opportunity,
16and the Governor once the Authority enters into a commitment
17to support the financing of a project. The notice to the
18General Assembly shall be filed with the Clerk of the House of
19Representatives and the Secretary of the Senate, in electronic
20form only, in the manner that the Clerk and the Secretary shall
21direct.
22(Source: P.A. 86-1481.)
 
23    Section 99. Effective date. This Act takes effect July 1,
242023.