Full Text of HB0417 99th General Assembly
HB0417sam002 99TH GENERAL ASSEMBLY | Sen. Melinda Bush Filed: 5/15/2015
| | 09900HB0417sam002 | | LRB099 03888 AWJ 35526 a |
|
| 1 | | AMENDMENT TO HOUSE BILL 417
| 2 | | AMENDMENT NO. ______. Amend House Bill 417 by replacing | 3 | | everything after the enacting clause with the following:
| 4 | | "Section 5. The Upper Illinois River Valley Development | 5 | | Authority Act is amended by changing Section 4 as follows:
| 6 | | (70 ILCS 530/4) (from Ch. 85, par. 7154)
| 7 | | Sec. 4. Establishment.
| 8 | | (a) There is hereby created a political
subdivision, body | 9 | | politic and municipal corporation named the Upper
Illinois | 10 | | River Valley Development Authority. The territorial | 11 | | jurisdiction
of the Authority is that geographic area within | 12 | | the boundaries of Grundy,
LaSalle, Bureau, Putnam, Kendall,
| 13 | | Kane, Lake, McHenry,
and Marshall counties in the State of
| 14 | | Illinois and
any navigable waters and air space located | 15 | | therein.
| 16 | | (b) The governing and administrative powers of the |
| | | 09900HB0417sam002 | - 2 - | LRB099 03888 AWJ 35526 a |
|
| 1 | | Authority shall be
vested in a body consisting of 21 20 members | 2 | | including, as ex officio
members,
the Director of Commerce and | 3 | | Economic Opportunity, or his or her
designee, and the Director | 4 | | of the Department of Central Management Services,
or his or her | 5 | | designee. The other 19 18 members of the Authority shall
be
| 6 | | designated "public members", 10 of whom shall be appointed by | 7 | | the
Governor
with the advice and consent of the Senate and 9 8 | 8 | | of whom shall be
appointed
one each by the county board | 9 | | chairmen of Grundy, LaSalle, Bureau, Putnam,
Kendall,
Kane, | 10 | | Lake, McHenry,
and Marshall counties. All public members shall | 11 | | reside within the
territorial jurisdiction of this Act. Eleven | 12 | | members shall
constitute a
quorum. The public members shall be | 13 | | persons of recognized ability and
experience in one or more of | 14 | | the following areas: economic development,
finance, banking, | 15 | | industrial development, small business management, real
estate | 16 | | development, community development, venture finance, organized | 17 | | labor
or civic, community or neighborhood organization. The | 18 | | Chairman of the
Authority shall be elected by the Board | 19 | | annually from the 8 members
appointed by the county board | 20 | | chairmen.
| 21 | | (c) The terms of all initial members of the Authority shall | 22 | | begin 30
days after
the effective date of this Act. Of the 14 | 23 | | public members appointed
pursuant to this Act, 4 appointed by | 24 | | the Governor shall serve until the
third Monday in January, | 25 | | 1992, 4 appointed by the Governor shall serve
until the third | 26 | | Monday in January, 1993, one appointed by the Governor
shall |
| | | 09900HB0417sam002 | - 3 - | LRB099 03888 AWJ 35526 a |
|
| 1 | | serve until the third Monday in January, 1994, one appointed by | 2 | | the
Governor shall serve until the third Monday in January | 3 | | 1999, the member
appointed by the county board chairman of | 4 | | LaSalle County shall serve until the
third Monday in January, | 5 | | 1992, the members appointed by the county
board
chairmen of | 6 | | Grundy County, Bureau County, Putnam County, and Marshall
| 7 | | County shall serve until the third Monday in January, 1994, and | 8 | | the
member appointed by the county board chairman of Kendall | 9 | | County
shall serve until the third Monday in January, 1999.
The | 10 | | initial members appointed by the chairmen of the county boards
| 11 | | of Kane and McHenry counties shall serve until
the third Monday | 12 | | in January, 2003. The initial members appointed by the chairman | 13 | | of the county board
of Lake County shall serve until
the third | 14 | | Monday in January, 2018.
All successors shall be
appointed by | 15 | | the original appointing authority and hold office for a term
of | 16 | | 3 years commencing the third Monday in January of the year in | 17 | | which
their term commences, except in case of an appointment to | 18 | | fill a vacancy.
Vacancies occurring among the public members | 19 | | shall be filled for the
remainder of the term. In case of | 20 | | vacancy in a Governor-appointed
membership when the Senate is | 21 | | not in session, the Governor may make a
temporary appointment | 22 | | until the next meeting of the Senate when a person
shall be | 23 | | nominated to fill such office, and any person so nominated who | 24 | | is
confirmed by the Senate shall hold office during the | 25 | | remainder of the term
and until a successor shall be appointed | 26 | | and qualified. Members of the
Authority shall not be entitled |
| | | 09900HB0417sam002 | - 4 - | LRB099 03888 AWJ 35526 a |
|
| 1 | | to compensation for their services as
members but shall be | 2 | | entitled to reimbursement for all necessary expenses
incurred | 3 | | in connection with the performance of their duties as members.
| 4 | | (d) The Governor may remove any public member of the | 5 | | Authority in case
of incompetency, neglect of duty, or | 6 | | malfeasance in office.
| 7 | | (e) The Board shall appoint an Executive Director who shall | 8 | | have a
background in finance, including familiarity with the | 9 | | legal and
procedural requirements of issuing bonds, real estate | 10 | | or economic
development and administration. The Executive | 11 | | Director shall hold office
at the discretion of the Board. The | 12 | | Executive Director shall be the chief
administrative and | 13 | | operational officer of the Authority, shall direct
and | 14 | | supervise its administrative affairs and general management, | 15 | | shall perform
such other duties as may be prescribed from time | 16 | | to time by the members and
shall receive compensation fixed by | 17 | | the Authority. The Executive Director
shall attend all meetings | 18 | | of the Authority; however, no action of the
Authority shall be | 19 | | invalid on account of the absence of the Executive
Director | 20 | | from a meeting. The Authority may engage the services of such
| 21 | | other agents and employees, including attorneys, appraisers, | 22 | | engineers,
accountants, credit analysts and other consultants, | 23 | | as it may deem
advisable and may prescribe their duties and fix | 24 | | their compensation.
| 25 | | (f) The Board may, by majority vote, nominate up to 4 | 26 | | non-voting members
for appointment by the Governor. Non-voting |
| | | 09900HB0417sam002 | - 5 - | LRB099 03888 AWJ 35526 a |
|
| 1 | | members shall be persons of
recognized ability and experience | 2 | | in one or more of the following areas:
economic development, | 3 | | finance, banking, industrial development, small
business | 4 | | management, real estate development, community development,
| 5 | | venture finance, organized labor or civic, community or | 6 | | neighborhood
organization. Non-voting members shall serve at | 7 | | the pleasure of the Board.
All non-voting members may attend | 8 | | meetings of the Board and shall be
reimbursed as provided in | 9 | | subsection (c).
| 10 | | (g) 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 members of | 13 | | the task force shall
reside within the territorial jurisdiction | 14 | | of this Act, shall serve at the
pleasure of the Board and shall | 15 | | be persons of recognized ability and
experience in one or more | 16 | | of the following areas: economic development,
finance, | 17 | | banking, industrial development, small business management, | 18 | | real
estate development, community development, venture | 19 | | finance, organized labor
or civic, community or neighborhood | 20 | | organization. The number of members
constituting the task force | 21 | | shall be set by the Board and may vary from
time to time. The | 22 | | Board may set a specific date by which the task force is
to | 23 | | submit its final report and recommendations to the Board.
| 24 | | (Source: P.A. 94-793, eff. 5-19-06.)
| 25 | | Section 99. Effective date. This Act takes effect upon |
| | | 09900HB0417sam002 | - 6 - | LRB099 03888 AWJ 35526 a |
|
| 1 | | becoming law.".
|
|