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Sen. John M. Sullivan
Filed: 3/26/2012
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| 1 | | AMENDMENT TO SENATE BILL 550
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 550 by replacing |
| 3 | | everything after the enacting clause with the following:
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| 4 | | "Section 5. The Mid-America Intermodal Authority Port |
| 5 | | District Act is amended by changing Sections 100 and 125 as |
| 6 | | follows:
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| 7 | | (70 ILCS 1832/100)
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| 8 | | Sec. 100.
Mid-America Intermodal Authority Port District |
| 9 | | Board;
compensation. The
governing and administrative body of |
| 10 | | the district shall
be a board consisting of 7 members, to be |
| 11 | | known as the
Mid-America Intermodal Authority
Port District |
| 12 | | Board. Members of the Board shall be residents of a
county |
| 13 | | whose territory, in whole or in part, is embraced by the |
| 14 | | district
and persons of recognized business ability. The |
| 15 | | members of the Board
shall receive compensation for their |
| 16 | | services,
set by the Board at an amount not to exceed $20,000 |
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| 1 | | annually, except
the chairperson may receive an additional |
| 2 | | $5,000 annually, if approved by
the Board. All compensation |
| 3 | | shall be paid directly from the
district's
operating funds. The |
| 4 | | members shall receive no other compensation, other than as |
| 5 | | provided for in this Section whatever,
whether in the form of |
| 6 | | salary, per diem allowance, or otherwise, for or in
connection
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| 7 | | with their service as members. Each member shall be reimbursed
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| 8 | | for actual expenses incurred by him or her in the performance |
| 9 | | of the member's
duties.
All reimbursements shall be paid |
| 10 | | directly from the district's operating funds. Any person who is |
| 11 | | appointed to the office of secretary or treasurer
of the Board |
| 12 | | may receive compensation for services as an officer,
as |
| 13 | | determined by the Board, provided that the person is not a |
| 14 | | member of the
Board. No member of the Board or employee of the |
| 15 | | district
shall have any private
financial interest, profit, or |
| 16 | | benefit in any contract, work, or business
of the district or |
| 17 | | in the sale or lease of any property to or from the
district.
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| 18 | | (Source: P.A. 90-636, eff. 7-24-98.)
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| 19 | | (70 ILCS 1832/125)
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| 20 | | Sec. 125. Secretary and treasurer; oath and bond. The Board |
| 21 | | shall appoint
a secretary
and a treasurer who need
not
be |
| 22 | | members of the Board to hold office during the pleasure of the |
| 23 | | Board. The
Board shall fix their duties and compensation. |
| 24 | | Before entering upon the duties
of
their respective offices, |
| 25 | | they shall take and subscribe the constitutional
oath of office |
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| 1 | | and the treasurer shall execute a bond with corporate
sureties |
| 2 | | to be approved by the Board. The bond shall be payable to the
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| 3 | | district in whatever penal sum may be directed by the Board |
| 4 | | conditioned
upon the faithful performance of the duties to the |
| 5 | | office and the payment
of all money received by him or her |
| 6 | | according to law and the orders of the
Board.
The Board may, at |
| 7 | | any time, require a new bond from the treasurer in any
penal |
| 8 | | sum that may be determined by the Board. The obligation of the
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| 9 | | sureties shall not extend to any loss sustained by the |
| 10 | | insolvency, failure,
or closing of any savings and loan |
| 11 | | association or national or State
bank wherein the treasurer has
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| 12 | | deposited funds if the bank or savings and loan association has |
| 13 | | been
approved by the Board as a depositary
for those funds. The |
| 14 | | oaths of office and the treasurer's bond shall be
filed in the |
| 15 | | principal office of the district.
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| 16 | | (Source: P.A. 90-636, eff. 7-24-98.)
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| 17 | | Section 99. Effective date. This Act takes effect upon |
| 18 | | becoming law.".
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