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1 | | under subsection (c) of this Section. |
2 | | (b) Wrapping up the affairs of the Wood River Township |
3 | | Hospital. |
4 | | (1) Within the first 10 business days of the 180-day |
5 | | period provided in paragraph (2) of subsection (a) of this |
6 | | Section, the chairman of the hospital board shall cause an |
7 | | audit of all claims against the Wood River Township |
8 | | Hospital, all receipts of the Wood River Township Hospital, |
9 | | the inventory of all real and personal property owned by |
10 | | the Wood River Township Hospital or under its control or |
11 | | management, and any debts owed by the Wood River Township |
12 | | Hospital. The chairman may, at his or her discretion, |
13 | | undertake any other audit of the Wood River Township |
14 | | Hospital. The person or entity conducting such audit shall |
15 | | report the findings of the audit to the hospital board |
16 | | within 30 days. |
17 | | (2) Following the return of the audit provided in |
18 | | paragraph (1) of this subsection, the hospital board shall: |
19 | | (i) Pay the debts, obligations, and liabilities of |
20 | | the Wood River Township Hospital that are outstanding |
21 | | upon completion of the audit in paragraph (1) of this |
22 | | subsection and all necessary expenses of closing up the |
23 | | affairs of the Wood River Township Hospital. |
24 | | (ii) Enter into an agreement with a hospital within |
25 | | Madison County to ensure all patient records are |
26 | | properly transferred. If no hospital in Madison County |
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1 | | is able or willing to accept the records, the records |
2 | | may be transferred to a hospital within a neighboring |
3 | | county contiguous to Madison County. The Wood River |
4 | | Township Hospital will be responsible for paying a |
5 | | reasonable service fee to the hospital that accepts and |
6 | | retains records pursuant to this subsection. Following |
7 | | successful transfer of the patient records, the |
8 | | receiving hospital shall retain and destroy the |
9 | | transferred patient records in accordance with the |
10 | | receiving hospital's record retention schedule and |
11 | | policies. |
12 | | (iii) Sell the property of the Wood River Township |
13 | | Hospital if any excess remains after all the |
14 | | liabilities of the Wood River Township Hospital are |
15 | | paid. |
16 | | (c) Transfer of surplus funds. If any funds are available, |
17 | | the hospital board shall transfer, no later than 10 business |
18 | | days prior to the conclusion of the 180-day period provided in |
19 | | subsection (a) of this Section, all surplus funds, if any, to |
20 | | the Madison County Treasurer to be maintained in the Wood River |
21 | | Township Hospital Fund and be disposed of pursuant to |
22 | | subsection (d) of this Section. |
23 | | If any liabilities remain, the funds available shall be set |
24 | | apart by the Madison County Treasurer and held for the purpose |
25 | | of retiring such liabilities. |
26 | | (d) Payment of remaining liabilities and disposal of |
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1 | | surplus funds. The Madison County Clerk shall pay any remaining |
2 | | liabilities of the Wood River Township Hospital from the Wood |
3 | | River Township Hospital Fund. After all the liabilities of the |
4 | | Wood River Township Hospital are paid, the Madison County Clerk |
5 | | shall distribute any funds remaining in the Wood River Township |
6 | | Hospital Fund to the property owners in Wood River Township as |
7 | | of the date of dissolution of Wood River Township Hospital. The |
8 | | distribution shall be proportional to the assessed value of the |
9 | | property in the 2005 levy year. |
10 | | (e) Outstanding indebtedness. |
11 | | (1) In the event that the Wood River Township Hospital |
12 | | has notes outstanding which are a lien on funds available |
13 | | in the Wood River Township Hospital Fund at the time of |
14 | | dissolution, such lien shall be unimpaired by such |
15 | | dissolution and the lien shall continue in favor of the |
16 | | note holders. |
17 | | (2) In the event that the Wood River Township Hospital |
18 | | has unsecured debts outstanding at the time of dissolution, |
19 | | any funds in the Wood River Township Hospital Fund or |
20 | | otherwise available and not committed shall, to the extent |
21 | | necessary, be applied to the payment of such debts. |
22 | | (3) Madison County may levy a tax, on behalf of the |
23 | | Wood River Township Hospital, upon all taxable real |
24 | | property located in Wood River Township for the purpose of |
25 | | paying the outstanding debts and obligations of the Wood |
26 | | River Township Hospital. |
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1 | | (f) Tax collection and enforcement. The dissolution of the |
2 | | Wood River Township Hospital shall not adversely affect |
3 | | proceedings for the collection or enforcement of any tax. Those |
4 | | proceedings shall continue to finality as though no dissolution |
5 | | had taken place. The proceeds thereof shall be paid over to the |
6 | | Madison County Treasurer to be transferred pursuant to |
7 | | subsection (c) of this Section. Proceedings to collect and |
8 | | enforce such taxes may be instituted and carried on in the name |
9 | | of the Wood River Township Hospital. |
10 | | (g) Litigation. All suits pending in any court on behalf of |
11 | | or against the Wood River Township Hospital may be prosecuted |
12 | | or defended in the name of Madison County by the State's |
13 | | attorney. All judgments obtained for the Wood River Township |
14 | | Hospital shall be collected and enforced by Madison County and |
15 | | transferred and disposed of pursuant to subsections (c) and (d) |
16 | | of this Section respectively.
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17 | | Section 99. Effective date. This Act takes effect upon |
18 | | becoming law.".
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