95TH GENERAL ASSEMBLY

 

State of Illinois

 

2007 and 2008   

SB2971

 

Introduced 3/19/2008, by Sen. Donne E. Trotter - Jeffrey M. Schoenberg - Mattie Hunter

 

SYNOPSIS AS INTRODUCED:

 

Makes appropriations for the ordinary and contingent expenses of the Southwestern Illinois Development Authority for the fiscal year beginning July 1, 2008, as follows:

General Revenue Fund                  $3,515,300

 

 

 

OMB095 00359 JLH 20359 b

 

 

 

 

 

$09 SWIDA OCE

 

 

 


    AN ACT concerning appropriations.

 

        Be it enacted by the People of the State of Illinois, represented in the General Assembly:

 

ARTICLE 1

 

    Section 5.  The sum of $694,600, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Spectrulite Consortium Inc.

 

    Section 10.  The sum of $366,200, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Waste Recovery-Illinois and related trustee and legal expenses.

 

    Section 15.  The sum of $971,300, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Alton Center Business Park.

 

    Section 20.  The sum of $1,483,200, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Laclede Steel-Illinois.

 

Section 99.  Effective Date.  This Act takes effect July 1, 2008.