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Public Act 095-0854
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| HB4147 Enrolled |
LRB095 13741 HLH 39467 b |
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AN ACT concerning local government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Eastern Illinois
Economic Development |
Authority
Act is amended by changing Sections 15 and 20 as |
follows:
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(70 ILCS 506/15)
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Sec. 15. Creation. |
(a) There is created a political subdivision, body politic, |
and municipal
corporation named the Eastern
Illinois Economic |
Development Authority. The territorial jurisdiction of the
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Authority is that geographic
area within the boundaries of the |
following counties: Ford, Iroquois, Piatt, Champaign, |
Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar and any
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navigable waters and
air space located therein.
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(b) The governing and administrative powers of the |
Authority shall be vested
in a body consisting of 14
members as |
follows:
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(1) Ex officio members. The Director of Commerce and
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Economic Opportunity, or
a designee of that Department, |
shall serve as an ex officio member.
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(2) Public members. Three members shall be appointed by |
the Governor with the advice and
consent of the Senate. The |
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county board chairperson of the following counties
shall |
each appoint one
member: Ford, Iroquois, Piatt, Champaign, |
Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar. |
All public members shall reside within
the territorial
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jurisdiction of the Authority.
The public members shall be |
persons of recognized ability and experience in one
or more |
of the following
areas: economic development, finance, |
banking, industrial development, state or
local |
government, commercial agriculture, small
business |
management, real
estate development, community |
development, venture finance, organized labor, or
civic or |
community
organization.
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(c) A majority of the members appointed under item (2) of |
subsection (b) of this Section
8 members shall constitute a |
quorum.
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(d) The chairperson of the Authority shall be elected |
annually by the Board and must be a public member that resides |
within the territorial jurisdiction of the Authority.
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(e) The terms of all initial members of the Authority shall |
begin 30 days
after the effective date of this
Act.
Of the 3 |
original public members appointed by the Governor, 1
shall |
serve until the third Monday in January, 2006; 1 shall serve |
until the
third Monday in January, 2007; 1 shall serve until |
the third Monday in January,
2008. The initial terms of the |
original public members appointed by the county board |
chairpersons shall be determined by lot, according to the |
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following schedule: (i) 2 shall serve until the third Monday in |
January, 2006, (ii) 2 shall serve until the third Monday in |
January, 2007, (iii) 2 shall serve until the third Monday in |
January, 2008, (iv) 2 shall serve until the third Monday in |
January, 2009, and (v) 2 shall serve until the third Monday in |
January, 2010. All successors to these original
public
members |
shall be appointed by the original appointing authority and all |
appointments made by the Governor shall be made with the advice |
and consent of the Senate, pursuant to subsection (b), and |
shall hold office for a term of 6 years
commencing the third |
Monday in January of the year in which their term
commences, |
except in the case of an appointment to fill a vacancy.
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Vacancies occurring among the public members shall be filled |
for the
remainder of the term. In case of
vacancy in a |
Governor-appointed membership when the Senate is not in |
session,
the Governor may make a
temporary appointment until |
the next meeting of the Senate when a person shall
be nominated |
to fill the
office and, upon confirmation by the Senate, he or |
she shall hold office during
the remainder of the term
and |
until a successor is appointed and qualified. Members of the |
Authority are
not entitled to
compensation for their services |
as members but are entitled to reimbursement
for all necessary |
expenses
incurred in connection with the performance of their |
duties as members.
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(f) The Governor or a county board chairperson, as the case |
may be, may remove any public member of the Authority in case |
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of
incompetence, neglect of
duty, or malfeasance in office. The |
chairperson of a county board may remove any
public member |
appointed
by that chairperson in the case of incompetence, |
neglect of duty, or malfeasance
in office.
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(g) The Board shall appoint an Executive Director who shall |
have a
background in finance, including
familiarity with the |
legal and procedural requirements of issuing bonds, real
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estate, or economic
development and administration. The |
Executive Director shall hold office at the
discretion of the |
Board.
The Executive Director shall be the chief administrative |
and operational
officer of the Authority, shall
direct and |
supervise its administrative affairs and general management, |
perform
such other duties as may
be prescribed from time to |
time by the members, and receive compensation fixed
by the |
Authority. The Department of Commerce and Economic Opportunity |
shall pay
the compensation of the Executive Director from |
appropriations received for
that purpose. The
Executive |
Director shall attend all meetings of the Authority. However, |
no
action of the Authority shall be
invalid on account of the |
absence of the Executive Director from a meeting. The
Authority |
may engage
the services of
the Illinois Finance Authority, |
attorneys, appraisers, engineers, accountants,
credit |
analysts, and other consultants if the Eastern Illinois |
Economic
Development Authority deems it advisable.
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(Source: P.A. 94-203, eff. 7-13-05.)
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(70 ILCS 506/20)
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Sec. 20. Duty. All official acts of the Authority shall |
require the
approval of at least 8 11 members. It
shall be the |
duty of the Authority to promote development within the |
geographic
confines of
Ford, Iroquois, Piatt, Champaign, |
Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar
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counties. The Authority shall use the powers conferred upon it |
to assist in the
development, construction,
and acquisition of |
industrial, commercial, housing, or residential projects
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within its territorial jurisdiction.
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(Source: P.A. 94-203, eff. 7-13-05.)
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Section 99. Effective date. This Act takes effect upon |
becoming law.
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