SB0830 Re-Enrolled LRB094 04458 MKM 34487 b

1     AN ACT concerning local government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Southwestern Illinois Development Authority
5 Act is amended by changing Sections 4 and 5 as follows:
 
6     (70 ILCS 520/4)  (from Ch. 85, par. 6154)
7     Sec. 4. (a) There is hereby created a political
8 subdivision, body politic and municipal corporation named the
9 Southwestern Illinois Development Authority. The territorial
10 jurisdiction of the Authority is that geographic area within
11 the boundaries of Madison, St. Clair, Bond, and Clinton
12 counties in the State of Illinois and any navigable waters and
13 air space located therein.
14     (b) The governing and administrative powers of the
15 Authority shall be vested in a body consisting of 14 11 members
16 including, as ex officio members, the Director of the
17 Department of Commerce and Economic Opportunity Community
18 Affairs, or his or her designee, and the Director of the
19 Department of Central Management Services, or his or her
20 designee. The other 12 9 members of the Authority shall be
21 designated "public members", 6 4 of whom shall be appointed by
22 the Governor with the advice and consent of the Senate, 2 of
23 whom shall be appointed by the county board chairman of Madison
24 County, 2 of whom shall be appointed by the county board
25 chairman of St. Clair County, one of whom shall be appointed by
26 the county board chairman of Bond County, and one of whom shall
27 be appointed by the county board chairman of Clinton County.
28 All public members shall reside within the territorial
29 jurisdiction of this Act. Eight Six members shall constitute a
30 quorum. The public members shall be persons of recognized
31 ability and experience in one or more of the following areas:
32 economic development, finance, banking, industrial

 

 

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1 development, small business management, real estate
2 development, community development, venture finance, organized
3 labor or civic, community or neighborhood organization. The
4 Chairman of the Authority shall be elected by the Board
5 annually from the 4 members appointed by the county board
6 chairmen.
7     (c) The terms of all members of the Authority shall begin
8 30 days after the effective date of this Act. Of the 8 public
9 members appointed pursuant to this Act, 3 shall serve until the
10 third Monday in January, 1988, 3 shall serve until the third
11 Monday in January, 1989, and 2 shall serve until the third
12 Monday in January, 1990. The public members initially appointed
13 under this amendatory Act of the 94th General Assembly shall
14 serve until the third Monday in January, 2008. All successors
15 shall be appointed by the original appointing authority and
16 hold office for a term of 3 years commencing the third Monday
17 in January of the year in which their term commences, except in
18 case of an appointment to fill a vacancy. Vacancies occurring
19 among the public members shall be filled for the remainder of
20 the term. In case of vacancy in a Governor-appointed membership
21 when the Senate is not in session, the Governor may make a
22 temporary appointment until the next meeting of the Senate when
23 a person shall be nominated to fill such office, and any person
24 so nominated who is confirmed by the Senate shall hold office
25 during the remainder of the term and until a successor shall be
26 appointed and qualified. Members of the Authority shall not be
27 entitled to compensation for their services as members but
28 shall be entitled to reimbursement for all necessary expenses
29 incurred in connection with the performance of their duties as
30 members.
31     (d) The Governor may remove any public member of the
32 Authority in case of incompetency, neglect of duty, or
33 malfeasance in office.
34     (e) The Board shall appoint an Executive Director who shall
35 have a background in finance, including familiarity with the
36 legal and procedural requirements of issuing bonds, real estate

 

 

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

 

 

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1 venture finance, organized labor or civic, community or
2 neighborhood organization. The number of members constituting
3 the task force shall be set by the Board and may vary from time
4 to time. The Board may set a specific date by which the task
5 force is to submit its final report and recommendations to the
6 Board.
7 (Source: P.A. 93-602, eff. 11-18-03; revised 12-6-03.)
 
8     (70 ILCS 520/5)  (from Ch. 85, par. 6155)
9     Sec. 5. All official acts of the Authority shall require
10 the approval of at least 8 members 6 members. It shall be the
11 duty of the Authority to promote development within the
12 geographic confines of Madison, Bond, Clinton, and St. Clair
13 counties. The Authority shall use the powers herein conferred
14 upon it to assist in the development, construction and
15 acquisition of industrial, commercial, housing or residential
16 projects within Madison, Bond, Clinton, and St. Clair counties.
17 (Source: P.A. 85-591.)