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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004 SB2842
Introduced 2/6/2004, by Jeffrey M. Schoenberg SYNOPSIS AS INTRODUCED: |
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605 ILCS 10/8.1 new |
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605 ILCS 10/10 |
from Ch. 121, par. 100-10 |
605 ILCS 10/11 |
from Ch. 121, par. 100-11 |
605 ILCS 10/16.2 new |
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605 ILCS 10/17 |
from Ch. 121, par. 100-17 |
605 ILCS 10/20.2 new |
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605 ILCS 10/27.1 |
from Ch. 121, par. 100-27.1 |
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Amends the Toll Highway Act. Provides that the Toll Highway Authority has
the
power to enter into a contract with a unit of local government or other public
or private entity under which the Authority agrees to collect
by electronic means
tolls, fees, or
revenues on behalf of that entity. Requires the
Governor to appoint, with the advice and consent of the Senate, an Inspector
General for the Authority, setting forth his or her powers and duties.
Places certain restrictions on directors of the Illinois State Toll Highway
Authority and their employees and agents concerning receiving financial benefit
from their positions or employment with the Authority. Makes changes concerning
enforcement of tolls. Provides that the Office of the Inspector General shall
be represented in all legal matters by the Attorney General. Requires General Assembly review of expenditures of excess
Authority moneys. Requires the Authority to submit a comprehensive strategic
financial plan to the General Assembly. Makes other changes. Effective
immediately. |
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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SB2842 |
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LRB093 20406 DRH 46184 b |
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| AN ACT in relation to the Illinois State Toll Highway |
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| Authority.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Toll Highway Act is amended by changing |
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| Sections 10, 11,
17, and 27.1
and by adding Sections 8.1, 16.2, |
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| and 20.2 as
follows:
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| (605 ILCS 10/8.1 new)
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| Sec. 8.1. Inspector General.
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| (a) The Governor must, with the advice and consent of the |
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| Senate,
appoint an Inspector General for the purpose of |
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| detection, deterrence, and
prevention of fraud, corruption, |
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| and mismanagement in the
Authority. The Inspector General shall |
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| serve a 2-year
term. If no successor is appointed and qualified |
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| upon the
expiration of the Inspector General's term, the Office |
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| of Inspector General is
deemed vacant and the powers and duties |
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| under this Section may be exercised
only by an appointed and |
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| qualified interim Inspector General until a successor
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| Inspector General is appointed and qualified.
If the General |
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| Assembly is not in session when a vacancy in the Office of
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| Inspector General occurs, the Governor may appoint an interim
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| Inspector General whose term shall expire 2 weeks after the |
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| next
regularly scheduled session day of the Senate.
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| (b) The Inspector General shall have the following |
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| qualifications:
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| (1) has not been convicted of any felony under the laws |
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| of this State,
another State, or the United States;
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| (2) has earned a baccalaureate degree from an |
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| institution of higher
education; and
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| (3) has either (A) 5 or more years of service with a |
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| federal, State, or
local law enforcement agency, at least 2 |
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| years of which have been in a
progressive investigatory |
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LRB093 20406 DRH 46184 b |
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| capacity; (B) 5 or more years of service as a
federal, |
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| State, or local prosecutor; or (C) 5 or more years of |
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| service as a
senior manager or executive of a federal, |
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| State, or local
agency.
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| (c) The Inspector General may review, coordinate, and |
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| recommend methods and
procedures to increase the integrity of |
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| the Authority.
The Inspector General must report directly to |
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| the Governor.
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| (d) In addition to the authority otherwise provided by this |
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| Section, but
only when investigating the Authority, its |
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| employees, or
their actions for fraud, corruption, or |
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| mismanagement, the Inspector General is
authorized:
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| (1) To have access to all records, reports, audits, |
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| reviews, documents,
papers, recommendations, or other |
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| materials available that relate to programs
and operations |
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| with respect to which the Inspector General has |
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| responsibilities
under this Section.
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| (2) To make any investigations and reports relating to |
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| the administration
of the programs and operations of the |
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| Authority that
are, in the judgment of the Inspector |
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| General, necessary or desirable.
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| (3) To request any information or assistance that may |
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| be necessary for
carrying out the duties and |
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| responsibilities provided by this Section from any
local, |
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| State, or federal governmental agency or unit thereof.
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| (4) To issue subpoenas subject to the advance approval |
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| of the Attorney
General, and to compel the attendance of |
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| witnesses for
purposes of testimony and the production of |
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| documents and other items for
inspection and copying.
If a |
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| person has petitioned a court
of competent jurisdiction in |
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| Cook County, Sangamon County, or any county where
the |
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| subpoena is sought to be enforced for a protective order or |
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| to quash or
modify the subpoena, then this Section does not |
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| apply during the pendency of
the court proceedings |
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| concerning the petition.
A person duly subpoenaed for |
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| testimony, documents, or other items who neglects
or |
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LRB093 20406 DRH 46184 b |
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| refuses to testify or produce documents or other items |
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| under the
requirements of the subpoena shall be subject to |
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| punishment as may be
determined by a court of competent |
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| jurisdiction, unless (i) the testimony,
documents, or |
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| other items are covered by the attorney-client privilege or |
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| any
other privilege recognized by law or (ii) the |
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| testimony, documents, or other
items concern the |
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| representation of employees and the negotiation of |
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| collective
bargaining agreements by a labor organization |
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| authorized and recognized under
the Illinois Public Labor |
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| Relations Act to be the exclusive bargaining
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| representatives of employees of the State agency. Nothing |
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| in this Section
limits
a person's right to protection |
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| against self-incrimination under the
Fifth Amendment of |
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| the United States Constitution or Article I, Section 10, of
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| the Constitution of the State of Illinois.
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| (5) To have direct and prompt access to the Board of |
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| Directors of
the
Authority for any
purpose pertaining to |
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| the performance of functions and responsibilities under
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| this Section.
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| (f) The Inspector General may receive and investigate |
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| complaints or
information from an employee of the Authority |
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| concerning the possible
existence of an activity constituting a |
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| violation of law, rules, or
regulations; mismanagement; abuse |
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| of authority; or substantial and specific
danger to the public |
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| health and safety. The Inspector General shall have the
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| discretion to determine the appropriate means of investigation |
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| as permitted by
law and as approved in advance by the Attorney |
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| General. Any employee who
knowingly files a
false
complaint or |
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| files a complaint with reckless disregard for the truth or the
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| falsity
of the facts underlying the complaint may be subject to |
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| discipline.
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| The Inspector General may not, after receipt of a complaint |
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| or information
from an employee, disclose the identity of the |
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| employee without the consent of
the employee.
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| Any employee who has the authority to recommend or
approve |
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| any personnel action or to direct others to recommend or |
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| approve any
personnel action may not, with respect to that |
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| authority, take or threaten to
take any action against any |
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| employee as a reprisal for making a
complaint or disclosing |
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| information to the Inspector General, unless the
complaint was |
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| made or the information disclosed with the knowledge that it |
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| was
false or with willful disregard for its truth or falsity.
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| (g) The Inspector General must adopt rules, in accordance |
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| with the
provisions of the Illinois Administrative Procedure |
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| Act, establishing minimum
requirements for initiating, |
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| conducting, and completing investigations. The
rules must |
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| establish criteria for determining, based upon the nature of |
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| the
allegation, the appropriate method of investigation, which |
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| may include, but is
not limited to, site visits, telephone |
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| contacts, personal interviews, or
requests for written |
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| responses. The rules must also clarify how the Office of
the |
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| Inspector General shall interact with other local, State, and |
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| federal law
enforcement investigations.
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| Any employee of the Authority subject to investigation or |
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| inquiry
by the Inspector General or any agent or representative |
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| of the Inspector
General shall have the right to be notified of |
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| the right to remain silent
during the investigation or inquiry |
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| and the right to be represented in the
investigation or inquiry |
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| by a representative of a labor organization that is
the |
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| exclusive collective bargaining representative of employees of |
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| the
Authority. Any such investigation or inquiry must be |
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| conducted in
compliance with the provisions of a collective |
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| bargaining
agreement that applies to the employees of the |
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| Authority. Any
recommendation for discipline or any action |
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| taken against any employee by the
Inspector General or any |
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| representative or agent of the Inspector General must
comply |
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| with the provisions of the collective bargaining agreement that |
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| applies
to the employee.
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| (h) The Inspector General shall provide to the Authority |
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| and the
General Assembly a summary of reports and |
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| investigations made under this
Section
for the previous fiscal |
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| year no later than January 1 of each year. The
summaries shall |
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| detail the final disposition of the Inspector General's
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| recommendations. The summaries shall not contain any |
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| confidential or
identifying information concerning the |
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| subjects of the reports and
investigations. The summaries shall |
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| also include detailed, recommended
administrative actions and |
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| matters for consideration by the General
Assembly.
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| (i) The Office of the Inspector General shall be |
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| represented in all legal
matters by the Attorney General.
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| (605 ILCS 10/10) (from Ch. 121, par. 100-10)
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| Sec. 10. The Authority shall have power:
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| (a) To pass resolutions, make by-laws, rules and |
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| regulations for the
management, regulation and control of its |
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| affairs, and to fix tolls, and to
make, enact and enforce all |
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| needful rules and regulations in connection
with the |
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| construction, operation, management, care, regulation or
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| protection of its property or any toll highways, constructed or
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| reconstructed hereunder.
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| (a-5) To fix, assess, and collect civil fines for a |
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| vehicle's operation on
a toll highway without the required toll |
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| having been paid.
The Authority may
establish by rule a system |
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| of civil administrative adjudication to adjudicate
only |
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| alleged
instances of a vehicle's operation on a toll highway |
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| without the required toll
having been paid, as detected by the |
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| Authority's video or photo
surveillance system.
In those cases |
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| in which the operator of the vehicle is not the registered
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| vehicle owner, the establishment of
ownership of the vehicle |
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| creates a rebuttable presumption that the vehicle was
being |
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| operated by an agent
of the registered vehicle owner. If the |
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| registered vehicle owner liable for a
violation under this |
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| Section was
not the operator of the vehicle at the time of the |
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| violation, the owner may
maintain an action for
indemnification |
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| against the operator in the circuit court.
Rules establishing a |
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| system of civil administrative
adjudication must
provide for |
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| written notice ,
by first class mail or other means provided by |
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LRB093 20406 DRH 46184 b |
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| law, to the address of the
registered owner of the cited
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| vehicle as recorded with the Secretary of State or to the |
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| lessee of the cited
vehicle at the last address known
to the |
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| lessor of the cited vehicle at the time of the lease,
of the
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| alleged violation and an opportunity to be heard on the |
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| question of the
violation and must provide for the |
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| establishment of a toll-free telephone
number to receive |
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| inquiries concerning alleged violations.
The notice shall also |
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| inform the registered vehicle owner that failure to
contest in |
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| the manner and time
provided shall be deemed an admission of |
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| liability and that a final order of
liability may be entered. A |
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| duly
authorized agent of the Authority may perform
or execute |
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| the preparation, certification, affirmation, or
mailing of the |
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| notice. A notice of violation, sworn or affirmed to or |
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| certified
by a duly authorized agent of
the Authority, or a |
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| facsimile of the notice, based upon an inspection of
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| photographs, microphotographs,
videotape, or other recorded |
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| images produced
by a video or photo surveillance system, shall |
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| be admitted as
prima facie evidence of the correctness of the |
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| facts contained in the notice or
facsimile.
Only civil fines ,
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| along with the corresponding outstanding toll and costs,
may be |
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| imposed by
administrative adjudication. A fine may be imposed |
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| under this paragraph only
if a violation is established by a |
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| preponderance of the evidence. Judicial
review of all final |
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| orders of the Authority under this paragraph shall be
conducted |
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| in accordance with the Administrative Review Law.
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| Any outstanding toll, fine, additional late payment fine, |
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| other
sanction,
or costs imposed, or
part of any fine, other |
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| sanction, or costs imposed,
remaining unpaid after the |
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| exhaustion of, or the failure to
exhaust, judicial review |
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| procedures under the Illinois Administrative Review
Law are a |
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| debt due and owing
the Authority and may be collected in |
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| accordance
with applicable law. After expiration of the period |
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| in
which judicial review under the Illinois Administrative |
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| Review Law may be
sought,
a final order of
the Authority under |
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| this subsection (a-5),
unless stayed by a
court of competent |
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| jurisdiction,
may be enforced in
the same manner as a judgment |
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| entered by a court of competent jurisdiction.
Upon being |
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| recorded in the
manner required by Article XII of the Code of |
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| Civil
Procedure or by the Uniform Commercial Code, a lien
shall |
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| be imposed on the real estate or personal estate or both of the |
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| party
adjudicated liable in the amount of
any debt due and |
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| owing the Authority under this Section.
The lien may be |
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| enforced in the same manner as a
judgment lien pursuant to a |
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| judgment of a court of competent jurisdiction.
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| A system of civil administrative adjudication may also |
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| provide for a
program of vehicle
immobilization, towing, or |
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| impoundment for the purpose of facilitating
enforcement of any |
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| final orders of
the Authority under this subsection (a-5) after
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| expiration of the period in which judicial review under the |
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| Illinois
Administrative Review Law may be sought. The |
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| registered vehicle owner of a
vehicle immobilized, towed,
or |
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| impounded for nonpayment of a final order
of the Authority |
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| under this subsection (a-5) shall have the right
to request a |
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| hearing before the Authority's civil administrative |
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| adjudicatory
system to challenge the validity
of the |
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| immobilization, towing, or impoundment.
This hearing, however, |
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| shall not constitute a
readjudication of the merits of |
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| previously adjudicated notices.
Judicial review of all final |
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| orders of the
Authority under this subsection (a-5) shall be |
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| conducted
in accordance with the Administrative Review Law.
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| (b) To prescribe rules and regulations applicable to |
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| traffic on highways
under the jurisdiction of the Authority, |
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| concerning:
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| (1) Types of vehicles permitted to use such highways or |
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| parts thereof,
and classification of such vehicles;
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| (2) Designation of the lanes of traffic to be used by |
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| the different
types of vehicles permitted upon said |
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| highways;
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| (3) Stopping, standing, and parking of vehicles;
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| (4) Control of traffic by means of police officers or |
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| traffic control
signals;
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| (5) Control or prohibition of processions, convoys, |
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| and assemblages of
vehicles and persons;
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| (6) Movement of traffic in one direction only on |
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| designated portions of
said highways;
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| (7) Control of the access, entrance, and exit of |
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| vehicles and persons to
and from said highways; and
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| (8) Preparation, location and installation of all |
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| traffic signs;
and to prescribe further rules and |
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| regulations applicable to such traffic,
concerning matters |
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| not provided for either in the foregoing enumeration or
in |
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| the Illinois Vehicle Code. Notice of such rules and |
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| regulations
shall be posted conspicuously and displayed at |
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| appropriate points and at
reasonable intervals along said |
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| highways, by clearly legible markers or
signs, to provide |
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| notice of the existence of such rules and regulations to
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| persons traveling on said highways. At each toll station, |
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| the Authority
shall make available, free of charge, |
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| pamphlets containing all of such
rules and regulations.
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| (c) The Authority, in fixing the rate for tolls for the |
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| privilege of
using the said toll highways, is authorized and |
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| directed, in fixing such
rates, to base the same upon annual |
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| estimates to be made, recorded and
filed with the Authority. |
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| Said estimates shall include the following: The
estimated total |
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| amount of the use of the toll highways; the estimated
amount of |
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| the revenue to be derived therefrom, which said revenue, when
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| added to all other receipts and income, will be sufficient to |
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| pay the
expense of maintaining and operating said toll |
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| highways, including the
administrative expenses of the |
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| Authority, and to discharge all obligations
of the Authority as |
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| they become due and payable.
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| (d) To accept from any municipality or political |
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| subdivision any lands,
easements or rights in land needed for |
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| the operation, construction,
relocation or maintenance of any |
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| toll highways, with or without payment
therefor, and in its |
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| discretion to reimburse any such municipality or
political |
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| subdivision out of its funds for any cost or expense incurred |
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| in
the acquisition of land, easements or rights in land, in |
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| connection with
the construction and relocation of the said |
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| toll highways, widening,
extending roads, streets or avenues in |
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| connection therewith, or for the
construction of any roads or |
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| streets forming extension to and connections
with or between |
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| any toll highways, or for the cost or expense of widening,
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| grading, surfacing or improving any existing streets or roads |
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| or the
construction of any streets and roads forming extensions |
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| of or connections
with any toll highways constructed, |
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| relocated, operated, maintained or
regulated hereunder by the |
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| Authority. Where property owned by a
municipality or political |
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| subdivision is necessary to the construction of
an approved |
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| toll highway, if the Authority cannot reach an agreement with
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| such municipality or political subdivision and if the use to |
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| which the
property is being put in the hands of the |
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| municipality or political
subdivision is not essential to the |
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| existence or the administration of such
municipality or |
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| political subdivision, the Authority may acquire the
property |
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| by condemnation.
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| (Source: P.A. 89-120, eff. 7-7-95.)
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| (605 ILCS 10/11) (from Ch. 121, par. 100-11)
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| Sec. 11. The Authority shall have power:
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| (a) To enter upon lands, waters and premises in the State |
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| for the
purpose of making surveys, soundings, drillings and |
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| examinations as may be
necessary, expedient or convenient for |
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| the purposes of this Act, and such
entry shall not be deemed to |
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| be a trespass, nor shall an entry for such
purpose be deemed an |
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| entry under any condemnation proceedings which may be
then |
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| pending; provided, however, that the Authority shall make
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| reimbursement for any actual damage resulting to such lands, |
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| waters and
premises as the result of such activities.
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| (b) To construct, maintain and operate stations for the |
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| collection of
tolls or charges upon and along any toll |
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| highways.
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| (c) To provide for the collection of tolls and charges for |
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| the privilege
of using the said toll highways.
Before it adopts |
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| an increase in the
rates for toll, the Authority shall hold a |
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| public
hearing at which any person may appear, express |
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| opinions, suggestions, or
objections, or direct inquiries |
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| relating to the proposed increase.
Any person may submit a |
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| written statement to the Authority at
the hearing, whether |
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| appearing in person or not. The hearing shall be held in
the |
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| county in which the proposed
increase of the rates is to take |
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| place. The
Authority shall give notice of the hearing by |
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| advertisement on
3 successive days at least 15 days prior to |
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| the date of the hearing in a daily
newspaper of general |
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| circulation within the county within which the
hearing is held.
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| The notice shall state the date, time, and place of the |
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| hearing, shall contain
a description of the proposed increase, |
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| and shall
specify how interested persons may obtain copies of |
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| any reports, resolutions,
or certificates describing the basis |
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| on which the proposed change, alteration,
or modification was |
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| calculated. After consideration of any statements filed or
oral |
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| opinions, suggestions, objections, or inquiries made at the |
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| hearing, the
Authority may proceed to adopt the proposed |
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| increase
of the rates for toll. No change or alteration in or |
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| modification
of the rates for toll shall be effective unless at |
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| least 30 days
prior to the effective date of such rates notice |
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| thereof
shall be given to
the public by publication in a |
25 |
| newspaper of general circulation, and such
notice, or notices, |
26 |
| thereof shall be posted and publicly displayed at each
and |
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| every toll station upon or along said toll highways.
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| (d) To construct, at the Authority's discretion, grade |
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| separations
at intersections with any railroads, waterways, |
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| street railways, streets,
thoroughfares, public roads or |
31 |
| highways intersected by the said toll
highways, and to change |
32 |
| and adjust the lines and grades thereof so as to
accommodate |
33 |
| the same to the design of such grade separation and to
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| construct interchange improvements. The Authority is |
35 |
| authorized to provide
such grade separations or interchange |
36 |
| improvements at its own cost or to
enter into contracts or |
|
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| agreements with reference to division of cost
therefor with any |
2 |
| municipality or political subdivision of the State of
Illinois, |
3 |
| or with the Federal Government, or any agency thereof, or with
|
4 |
| any corporation, individual, firm, person or association. |
5 |
| Where such
structures have been built by the Authority and a |
6 |
| local highway agency did
not enter into an agreement to the |
7 |
| contrary, the Authority shall maintain
the entire structure, |
8 |
| including the road surface, at the Authority's expense.
|
9 |
| (e) To contract with and grant concessions to or lease or |
10 |
| license to any
person, partnership, firm, association or |
11 |
| corporation so desiring the use
of any part of any toll |
12 |
| highways, excluding the paved portion thereof, but
including |
13 |
| the right of way adjoining, under, or over said paved portion |
14 |
| for
the placing of telephone, telegraph, electric, power lines |
15 |
| and other
utilities, and for the placing of pipe lines, and to |
16 |
| enter into operating
agreements with or to contract with and |
17 |
| grant concessions to or to lease to
any person, partnership, |
18 |
| firm, association or corporation so desiring the
use of any |
19 |
| part of the toll highways, excluding the paved portion thereof,
|
20 |
| but including the right of way adjoining, or over said paved |
21 |
| portion for
motor fuel service stations and facilities, |
22 |
| garages, stores and
restaurants, or for any other lawful |
23 |
| purpose, and to fix the terms,
conditions, rents, rates and |
24 |
| charges for such use.
|
25 |
| The Authority shall also have power to establish reasonable |
26 |
| regulations
for the installation, construction, maintenance, |
27 |
| repair, renewal,
relocation and removal of pipes, mains, |
28 |
| conduits, cables, wires, towers,
poles and other equipment and |
29 |
| appliances (herein called public utilities)
of any public |
30 |
| utility as defined in the Public Utilities Act along,
over or |
31 |
| under any toll road project. Whenever the Authority shall |
32 |
| determine
that it is necessary that any such public utility |
33 |
| facilities which now are
located in, on, along, over or under |
34 |
| any project or projects be relocated
or removed entirely from |
35 |
| any such project or projects, the public utility
owning or |
36 |
| operating such facilities shall relocate or remove the same in
|
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| accordance with the order of the Authority. All costs and |
2 |
| expenses of such
relocation or removal, including the cost of |
3 |
| installing such facilities in
a new location or locations, and |
4 |
| the cost of any land or lands, or interest
in land, or any |
5 |
| other rights required to accomplish such relocation or
removal |
6 |
| shall be ascertained and paid by the Authority as a part of the
|
7 |
| cost of any such project or projects, and further, there shall |
8 |
| be no rent,
fee or other charge of any kind imposed upon the |
9 |
| public utility owning or
operating any facilities ordered |
10 |
| relocated on the properties of the said
Authority and the said |
11 |
| Authority shall grant to the said public utility
owning or |
12 |
| operating said facilities and its successors and assigns the
|
13 |
| right to operate the same in the new location or locations for |
14 |
| as long a
period and upon the same terms and conditions as it |
15 |
| had the right to
maintain and operate such facilities in their |
16 |
| former location or locations.
|
17 |
| (f) To enter into a contract with a unit of local |
18 |
| government or other
public or private entity under which the |
19 |
| Authority agrees to collect
by electronic means
tolls,
fees, or |
20 |
| revenues on behalf of that entity.
|
21 |
| (Source: P.A. 90-681, eff. 7-31-98.)
|
22 |
| (605 ILCS 10/16.2 new)
|
23 |
| Sec. 16.2. Financial benefit prohibited.
|
24 |
| (a) A director, employee, or agent of the Authority may not |
25 |
| receive
a financial benefit from a contract let by the |
26 |
| Authority during his or
her term of service with the Authority |
27 |
| and for a period of one year following
the termination of his |
28 |
| or her term of service as a director of the Authority
or as an |
29 |
| employee or agent of the Authority.
|
30 |
| (b) A member of the immediate family or household of a |
31 |
| director, employee,
or agent of the Authority may not receive a |
32 |
| financial benefit from a contract
let by the Authority during |
33 |
| the immediate family or household member's term
of service with |
34 |
| the Authority and for a period of one year following the
|
35 |
| termination of the immediate family or household member's term |
|
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| of service as
a director of the Authority or as an employee or |
2 |
| agent of the Authority.
|
3 |
| (c) A director, employee, or agent of the Authority may not |
4 |
| use material
non-public information for personal financial |
5 |
| gain nor may he or she disclose
that information to any other |
6 |
| person for that person's personal financial gain
when that |
7 |
| information was obtained as a result of his or her |
8 |
| directorship,
employment, or agency with the Authority.
|
9 |
| (d) A member of the immediate family or household of a |
10 |
| director, employee,
or agent of the Authority may not use |
11 |
| material non-public information for
personal financial gain |
12 |
| nor may he or she disclose that information to any
other person |
13 |
| for that person's personal financial gain when that information
|
14 |
| was obtained as a result of his or her immediate family or |
15 |
| household member's
directorship, employment, or agency with |
16 |
| the Authority.
|
17 |
| (e) For purposes of this Section, "immediate family or |
18 |
| household member"
means the spouse, child, parent, brother, |
19 |
| sister, grandparent, or grandchild,
whether of the whole blood |
20 |
| or half blood or by adoption, or a person who shares
a common |
21 |
| dwelling with a director of the Authority or with an employee |
22 |
| or agent
of the Authority.
|
23 |
| (605 ILCS 10/17) (from Ch. 121, par. 100-17)
|
24 |
| Sec. 17. (a) The Authority may from time to time issue |
25 |
| bonds for any
lawful purpose including, without limitation, the |
26 |
| costs of issuance thereof
and all such bonds or other |
27 |
| obligations of the Authority
issued pursuant to this Act shall |
28 |
| be and are hereby declared to be
negotiable for all purposes |
29 |
| notwithstanding their payment from a limited
source and without |
30 |
| regard to any other law or laws.
|
31 |
| (b) The bonds of every issue shall be payable solely out of |
32 |
| revenues of
the Authority, accumulated reserves or sinking |
33 |
| funds, bond proceeds,
proceeds of refunding bonds, or |
34 |
| investment earnings as the Authority shall
specify in a bond |
35 |
| resolution.
|
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| (c) The bonds may be issued as serial bonds or as term |
2 |
| bonds, or the
Authority, in its discretion, may issue bonds of |
3 |
| both types. The bonds
shall be authorized by a bond resolution |
4 |
| of the Authority, may be issued
in one or more series and shall |
5 |
| bear such date or dates, mature at such
time or times not |
6 |
| exceeding 25 years from their respective date or dates of
|
7 |
| issue, bear interest at such rate or rates, fixed or variable, |
8 |
| without
regard to any limit contained in any other statute or |
9 |
| law of
the State of Illinois, be payable as to principal and |
10 |
| interest at such time
or times, be in such denominations, be in |
11 |
| such form, either coupon or fully
registered, carry such |
12 |
| registration and conversion privileges, be payable
in lawful |
13 |
| money of the United States of America at such places, be
|
14 |
| subject to such terms of redemption and may contain such other |
15 |
| terms and
provisions, as such bond resolution or resolutions
|
16 |
| may provide. The bonds shall be executed by the manual or |
17 |
| facsimile
signatures of the Chairman and the Secretary. In case |
18 |
| any of the officers
whose signature appears on the bonds or |
19 |
| coupons, if any, shall cease to be an
officer before the |
20 |
| delivery of such bonds, such signature shall
nevertheless be |
21 |
| valid and sufficient for all purposes, as if he had
remained in |
22 |
| office until such delivery. The bonds shall be sold in such
|
23 |
| manner as the Authority shall determine. The proceeds from the |
24 |
| sale of
such bonds shall be paid to the Treasurer of the State |
25 |
| of Illinois as ex
officio custodian. Pending preparation of the |
26 |
| definitive bonds, the
Authority may issue interim receipts or |
27 |
| certificates which shall be
exchanged for such definitive |
28 |
| bonds.
|
29 |
| (d) Any bond resolution, or trust indenture entered into |
30 |
| pursuant to a
bond resolution, may contain provisions, which |
31 |
| shall be a part of
the contract with the holders of the bonds |
32 |
| to be authorized, as to: (i)
pledging or creating a lien upon |
33 |
| all or part of the revenues of the
Authority or any reserves, |
34 |
| sinking funds, bond proceeds or investment
earnings; (ii) the |
35 |
| setting aside of reserves or sinking funds, and the
regulation, |
36 |
| investment and disposition thereof; (iii) the use and
|
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| maintenance requirements for the toll highways; (iv) the |
2 |
| purposes to which
or the investments in which the proceeds of |
3 |
| sale of any series or issue of
bonds then or thereafter to be |
4 |
| issued may be applied; (v)
the issuance of additional bonds, |
5 |
| the terms upon which
additional bonds may be issued and |
6 |
| secured, the purposes for such
additional bonds, and the terms |
7 |
| upon which additional
bonds may rank on a parity with, or be |
8 |
| subordinate or superior to other
bonds; (vi) the refunding of |
9 |
| outstanding bonds; (vii) the procedure, if
any, by which the |
10 |
| terms of any contract with bondholders may be amended or
|
11 |
| abrogated, the amount of bonds the holders of which must |
12 |
| consent thereto,
and the manner in which such consent may be |
13 |
| given; (viii) defining the acts
or omissions to act which shall |
14 |
| constitute a default in the duties of the
Authority to holders |
15 |
| of its obligations and providing the rights and
remedies of |
16 |
| such holders in the event of a default; (ix) any other matters
|
17 |
| relating to the bonds which the Authority deems desirable.
|
18 |
| (e) Neither the directors of the Authority nor any person |
19 |
| executing the
bonds shall be liable personally on the bonds or |
20 |
| be subject to any personal
liability or accountability by |
21 |
| reason of the issuance thereof.
|
22 |
| (f) The Authority shall have power out of any funds |
23 |
| available therefor
to purchase its bonds. The Authority may |
24 |
| hold, pledge, cancel or resell
such bonds subject to and in |
25 |
| accordance with agreements with bondholders.
|
26 |
| (g) In the discretion of the Authority any bonds issued |
27 |
| under the
provisions of this Act may be secured by a trust |
28 |
| indenture by and between
the Authority and a trustee or |
29 |
| trustees, which may be any trust
company or bank in the State |
30 |
| of Illinois having the powers of a trust
company and possessing |
31 |
| capital and surplus of not less than $50,000,000.
The bond |
32 |
| resolution or trust indenture providing for the issuance of |
33 |
| bonds
so secured shall pledge such revenues of the Authority, |
34 |
| sinking funds,
bond proceeds, or investment earnings as may be |
35 |
| specified therein, may
contain such provisions for protecting |
36 |
| and enforcing the rights and
remedies of the bondholders as may |
|
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| be reasonable and proper and not in
violation of law, including |
2 |
| particularly such provisions as have
hereinabove been |
3 |
| specifically authorized to be included in any bond
resolution |
4 |
| or trust indenture of the Authority, and may restrict the
|
5 |
| individual right of action by bondholders. In addition to the |
6 |
| foregoing,
any bond resolution or trust indenture may contain |
7 |
| such other provisions as
the Authority may deem reasonable and |
8 |
| proper for the security of the
bondholders, including, but not |
9 |
| limited to, the purchase of bond insurance
and the arrangement |
10 |
| of letters of credit, lines of credit or other credit
or |
11 |
| liquidity enhancement facilities; provided there shall be no |
12 |
| pledge of
the toll highway or any part thereof. All expenses |
13 |
| incurred in carrying
out the provisions of any bond resolution |
14 |
| or trust indenture may be treated
as a part of the cost of the |
15 |
| operation of the toll highways.
|
16 |
| (h) Bonds issued under the authority of this Act do not, |
17 |
| and shall state
upon the face of each bond that they do not, |
18 |
| represent or constitute a debt
of the Authority or of the State |
19 |
| of Illinois within the meaning of any
constitutional or |
20 |
| statutory limitation or a pledge of the faith and credit
of the |
21 |
| Authority or the State of Illinois, or grant to the owners or |
22 |
| holders
thereof any right to have the Authority or the General |
23 |
| Assembly levy any
taxes or appropriate any funds for the |
24 |
| payment of the principal thereof or
interest thereon. Such |
25 |
| bonds shall be payable and shall state that they are
payable |
26 |
| solely from the revenues and the sources authorized under this |
27 |
| Act
and pledged for their payment in accordance with the bond |
28 |
| resolution or trust indenture.
|
29 |
| Nothing in this Act shall be construed to authorize the |
30 |
| Authority or any
department, board, commission or other agency |
31 |
| to create an obligation of
the State of Illinois within the |
32 |
| meaning of the Constitution or Statutes
of Illinois.
|
33 |
| (i) Any resolution or trust indenture authorizing the |
34 |
| issuance
of the bonds may include provision for the issuance of |
35 |
| additional bonds. All
resolutions of the Authority to
carry |
36 |
| such adopted bond resolutions into effect, to provide
for the |
|
|
|
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LRB093 20406 DRH 46184 b |
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1 |
| sale and delivery of the bonds, for letting of contracts for |
2 |
| the
construction of toll highways and the acquisition of real |
3 |
| and personal
property deemed by the Authority necessary or |
4 |
| convenient for the
construction thereof, shall not require the |
5 |
| approval of the Governor or of
any other department, division, |
6 |
| commission, bureau, board or other agency of the State.
|
7 |
| (j) Prior to expending or obligating any amounts on deposit |
8 |
| in any fund or
account
established in any bond resolution or |
9 |
| trust indenture entered into pursuant to
a bond
resolution, in |
10 |
| excess of the amount required to be held by the Authority in
|
11 |
| order to satisfy
covenants established in any such bond |
12 |
| resolution or trust indenture entered
into pursuant
to a bond |
13 |
| resolution, the Authority shall submit to the General Assembly |
14 |
| the
proposed
expenditure or obligation. If the General Assembly |
15 |
| fails to adopt a joint
resolution
disapproving of such |
16 |
| expenditure or obligation within the current legislative
|
17 |
| session, or,
if the General Assembly is not in session at the |
18 |
| time of submission, during the
next
legislative session |
19 |
| thereafter, the Authority may proceed to expend or obligate
|
20 |
| such funds
substantially in accordance with such proposal.
|
21 |
| (Source: P.A. 83-1258.)
|
22 |
| (605 ILCS 10/20.2 new)
|
23 |
| Sec. 20.2. Comprehensive Strategic Financial Plan.
|
24 |
| (a) The Authority
must submit to the General Assembly, not |
25 |
| later than May 15, 2005, a
20-year
comprehensive strategic |
26 |
| financial plan. The plan must include detailed
information |
27 |
| regarding the Authority's income, expenditures, debt, capital
|
28 |
| needs, and the cost of any planned toll highway extensions. The |
29 |
| Authority
must provide detailed and specific information |
30 |
| regarding how it will fund its
debt, unfunded capital needs, |
31 |
| and the planned toll highway extensions. This
information must |
32 |
| include the possibility of obtaining federal funds, both loans
|
33 |
| and grants, under the Transportation Infrastructure Innovation |
34 |
| Act or other
federal programs.
|
35 |
| (b) Before submitting the plan under subsection (a), the |
|
|
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| Authority must
hold
at
least 2 public hearings at which any |
2 |
| person may appear, express opinions,
suggestions, or |
3 |
| objections, or direct inquiries relating to the proposed plan.
|
4 |
| The Authority may not hold more than one hearing on the same |
5 |
| day in connection
with the proposed plan. The Authority must |
6 |
| schedule a minimum of 4 hours for
each hearing. At least 3 |
7 |
| directors of the Authority must be present at
each hearing, and |
8 |
| each director must be present for the entire
duration of the |
9 |
| hearing.
|
10 |
| (605 ILCS 10/27.1) (from Ch. 121, par. 100-27.1)
|
11 |
| Sec. 27.1. Any person who shall use any spurious or |
12 |
| counterfeit tickets,
coupons or tokens in payment of any toll |
13 |
| required to be paid by the
Authority under the provisions of |
14 |
| this Act, or who shall attempt to use the
highway without |
15 |
| payment of the tolls prescribed by the Authority, shall be
|
16 |
| deemed guilty of a petty offense and shall be fined not less |
17 |
| than $5 nor
more than $100 for each such offense.
The fine |
18 |
| range set forth in this Section for prosecution of toll evasion |
19 |
| as a
petty offense does not apply to
toll evasion offenses that |
20 |
| are adjudicated in the Authority's administration
system
Each |
21 |
| day any toll highway is used by
any person in violation of this |
22 |
| Act shall constitute a separate offense .
|
23 |
| (Source: P.A. 77-2239.)
|
24 |
| Section 99. Effective date. This Act takes effect upon |
25 |
| becoming law. |