Full Text of SB1755 97th General Assembly
SB1755eng 97TH GENERAL ASSEMBLY |
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| 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 Quad Cities Regional Economic Development
| 5 | | Authority Act, approved September 22, 1987, is amended by | 6 | | changing Section 4 as follows:
| 7 | | (70 ILCS 510/4) (from Ch. 85, par. 6204)
| 8 | | Sec. 4. (a) There is hereby created a political | 9 | | subdivision, body politic
and municipal corporation named the | 10 | | Quad Cities Regional Economic Development
Authority.
The | 11 | | territorial jurisdiction of the Authority is that geographic | 12 | | area
within the boundaries of JoDaviess, Carroll, Whiteside, | 13 | | Stephenson, Lee, Rock Island, Henry, Knox, and Mercer counties | 14 | | in
the State of
Illinois and any navigable waters and air space | 15 | | located therein.
| 16 | | (b) The governing and administrative powers of the | 17 | | Authority shall be
vested in a body consisting of 16
11 members | 18 | | including, as an ex officio
member,
the Director of Commerce | 19 | | and Economic Opportunity, or his or her
designee.
The other 10 | 20 | | members of the Authority
shall be designated "public members", | 21 | | 6 of whom shall be
appointed by the Governor
with the advice | 22 | | and consent of the Senate. Of the 6 members
appointed by
the | 23 | | Governor, one shall be from a city within the Authority's |
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| 1 | | territory
with a population of 25,000 or more and the remainder | 2 | | shall be appointed at
large. Of the 6 members appointed by the | 3 | | Governor, 2 members shall
have
business or finance experience. | 4 | | One member shall be appointed by each of
the county board | 5 | | chairmen of Rock Island, Henry, Knox, and Mercer
Counties with | 6 | | the advice and consent of the respective county board.
Within | 7 | | 60 days after the effective date of this amendatory Act of the | 8 | | 97th General Assembly, one additional public member shall be | 9 | | appointed by each of the county board chairpersons of | 10 | | JoDaviess, Carroll, Whiteside, Stephenson, and Lee counties | 11 | | with the advice and consent of the respective county board. Of | 12 | | the public members added by this amendatory Act of the 97th | 13 | | General Assembly, one shall serve for a one-year term, 2 shall | 14 | | serve for 2-year terms, and 2 shall serve for 3-year terms, to | 15 | | be determined by lot. Their successors shall serve for 3-year | 16 | | terms. All public members shall reside within the territorial | 17 | | jurisdiction of this
Act. Nine
Six members shall constitute a | 18 | | quorum.
The public members shall be
persons of recognized | 19 | | ability and
experience in one or more of the following areas: | 20 | | economic development,
finance, banking, industrial | 21 | | development, small business management, real
estate | 22 | | development, community development, venture finance, organized | 23 | | labor
or civic, community or neighborhood organization. The | 24 | | Chairman of the
Authority shall be a public member elected by | 25 | | the affirmative vote of not
fewer than 6 members of the | 26 | | Authority , except that any chairperson elected on or after the |
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| 1 | | effective date of this amendatory Act of the 97th General | 2 | | Assembly shall be elected by the affirmative vote of not fewer | 3 | | than 9 members . The term of the Chairman
shall be one year.
| 4 | | (c) The terms of the initial
all members of the Authority | 5 | | shall begin 30 days after
the effective date of this Act, | 6 | | except (i) the terms of those
members added by this
amendatory | 7 | | Act of 1989 shall begin 30 days after the effective
date of | 8 | | this amendatory Act of 1989 and (ii) the terms of those members | 9 | | added
by this amendatory Act of the 92nd General Assembly shall | 10 | | begin 30 days after
the effective date of this amendatory Act | 11 | | of the 92nd General Assembly. Of
the 10 public members
| 12 | | appointed pursuant to this Act, 2 (one of whom shall be | 13 | | appointed by the
Governor) shall serve until the
third Monday | 14 | | in January, 1989, 2 (one of whom shall be appointed by the
| 15 | | Governor) shall serve until the third Monday in
January, 1990, | 16 | | 2
(one of whom shall be appointed by the Governor) shall serve | 17 | | until the
third Monday in January, 1991, 2 (both of whom shall | 18 | | be appointed by
the Governor) shall serve until the third | 19 | | Monday in January, 1992, and 2 (one
of whom shall be appointed | 20 | | by the Governor and one of whom shall be appointed
by the | 21 | | county board chairman of Knox County) shall serve until the | 22 | | third Monday
in January, 2004.
The initial terms of the members | 23 | | appointed by the county board chairmen
(other than the county | 24 | | board chairman of Knox County)
shall be determined by lot. All | 25 | | successors shall be appointed by the
original appointing | 26 | | authority and
hold office for a term of 3 years commencing the |
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| 1 | | third
Monday in January of the year in which their term | 2 | | commences, except in case
of an appointment to fill a vacancy.
| 3 | | Vacancies
occurring among the public members shall be filled | 4 | | for the
remainder of the term.
In case of vacancy in a | 5 | | Governor-appointed membership when
the Senate is not in | 6 | | session, the Governor may make a temporary appointment
until | 7 | | the next meeting of the Senate when a person shall be nominated | 8 | | to
fill such office, and any person so nominated who is | 9 | | confirmed by the
Senate shall hold office during the remainder | 10 | | of the term and until a
successor shall be appointed and | 11 | | qualified.
Members of the Authority shall not be entitled to | 12 | | compensation for their
services
as members but shall be | 13 | | entitled to reimbursement for all necessary
expenses incurred | 14 | | in connection with the performance of their duties as members.
| 15 | | (d) The Governor may remove any public member of the | 16 | | Authority appointed
by the Governor in case
of incompetency, | 17 | | neglect of duty, or malfeasance in office. The Chairman
of a | 18 | | county board may remove any public member of the Authority | 19 | | appointed
by such Chairman in the case of incompetency, neglect | 20 | | of duty, or malfeasance in office.
| 21 | | (e) The Board shall appoint an Executive Director who shall | 22 | | have a
background in finance, including familiarity with the | 23 | | legal and
procedural requirements of issuing bonds, real estate | 24 | | or economic
development and administration. The Executive | 25 | | Director shall hold office
at the discretion of the Board. The | 26 | | Executive Director shall be the chief
administrative and |
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| 1 | | operational officer of the Authority, shall direct
and | 2 | | supervise its administrative affairs and general management, | 3 | | shall perform
such other duties as may be prescribed from time | 4 | | to time by the members and
shall receive compensation fixed by | 5 | | the Authority.
The Authority may engage the services of such
| 6 | | other agents and employees, including attorneys, appraisers, | 7 | | engineers,
accountants, credit analysts and other consultants, | 8 | | as it may deem
advisable and may prescribe their duties and fix | 9 | | their compensation.
| 10 | | (f) The Board shall create a task force to study and make
| 11 | | recommendations to the Board on the economic development of the | 12 | | territory
within the jurisdiction of this Act. The number of | 13 | | members
constituting the task force shall be set by the Board | 14 | | and may vary from
time to time. The Board may set a specific | 15 | | date by which the task force is
to submit its final report and | 16 | | recommendations to the Board.
| 17 | | (Source: P.A. 94-793, eff. 5-19-06.)
| 18 | | (70 ILCS 515/Act rep.)
| 19 | | Section 10. The Quad Cities Regional Economic Development
| 20 | | Authority Act, certified December 30, 1987, is repealed.
| 21 | | Section 99. Effective date. This Act takes effect upon | 22 | | becoming law.
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