(70 ILCS 1930/25)
Sec. 25. Acceptance of grants, loans, and appropriations. The Authority
has the power to apply for and accept grants, loans, advances, and
appropriations from the federal government and from the State of Illinois or
any agency or instrumentality thereof to be used for the purposes of the
Authority, and to enter into any agreement in relation to the grants, loans,
advances, and appropriations. The Authority may also accept from the State,
any
State agency, department, or commission, any county or other political
subdivision, any municipal corporation, any railroad, any school authority, or
jointly therefrom, grants of funds or services for any of the purposes of this
Act. The Authority shall be treated as a rail carrier subject to the Illinois
Commerce Commission's jurisdiction and eligible to receive money from the Grade
Crossing Protection Fund or any fund of the State or other source available for
purposes of promoting safety and separation of at-grade railroad crossings or
highway improvements.
(Source: P.A. 95-122, eff. 8-13-07.) |