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| Public Act 096-1122 | ||||
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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 Joliet Arsenal Development Authority Act is | ||||
amended by changing Sections 15 and 55 as follows: | ||||
(70 ILCS 508/15) | ||||
Sec. 15. Creation of Authority; Board members; officers. | ||||
(a) The Joliet Arsenal Development Authority is created as | ||||
a political
subdivision, body politic, and municipal | ||||
corporation. | ||||
(b) The territorial jurisdiction of the Authority shall | ||||
extend over all of
the territory, consisting of 3,000 acres, | ||||
more or less, that is commonly known
and
described as the | ||||
Joliet ammunition plant and arsenal.
The legal description of
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the territory is (1) approximately 1,900 acres located at the | ||||
Arsenal, the
approximate legal description of which includes | ||||
part of section 30, Jackson
Township, T34N R10E, and sections | ||||
or part of sections 24, 25, 26, 35, and 36,
Channahon Township, | ||||
T34N R9E, Will County, Illinois, as depicted in the Arsenal
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Land Use Concept; and (2) approximately 1,100 acres, the | ||||
approximate legal
description of which includes part of | ||||
sections 16, 17, and 18, Florence
Township, T33N R10E, Will | ||||
County, Illinois, as depicted in the Arsenal Land Use
Concept. | ||||
(c) The governing and administrative powers of the | ||
Authority shall be vested
in its Board of Directors consisting | ||
of 10 9 members, 4 of whom shall be
appointed by the Governor | ||
from Will County, by and with the advice and consent
of the | ||
Senate,
and 6 5 of whom shall be appointed by the county board | ||
of Will County Executive with the advice and consent of the | ||
Will County Board. All
members appointed to the
Board shall be | ||
residents of Will County, but of the 6 5 members who are | ||
appointed
by the
county board of Will County Executive, with | ||
the advice and consent of the Will County Board, one
shall be a | ||
resident of the City of Joliet, one a resident of the City of
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Wilmington, one a resident of the Village of Elwood, one a | ||
resident of the
Village of Manhattan, and one a resident of
the | ||
Village of Symerton, and one an at-large resident of Will | ||
County.
Each city council
or village board shall recommend 3 | ||
individuals who are residents of the city or
village to the | ||
Will County Executive board to be
members of the Board of | ||
Directors. The Will County Executive Board shall choose one of
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the recommended individuals from each city and village and | ||
shall submit those names to the Will County Board for approval.
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All persons appointed as members of the Board shall
have | ||
recognized ability and experience in one or more of the | ||
following areas:
economic development, finance, banking, | ||
industrial development, small business
management, real estate | ||
development, community development, venture finance,
organized | ||
labor, units of local government, or civic, community, or | ||
neighborhood organization. | ||
(d) Within 30 days after the effective date of this | ||
amendatory Act of the 96th General Assembly, the Will County | ||
Executive, with the advice and consent of the Will County | ||
Board, shall appoint the additional member of the Board for an | ||
initial term expiring on the third Monday in January, 2013. The | ||
member must be an at-large resident of Will County. The Board | ||
members holding office on the effective date of this amendatory | ||
Act of the 96th General Assembly shall continue to hold office | ||
for the remainder of their respective terms. The terms of the 9 | ||
initial appointees to the Authority shall commence
30 days | ||
after the effective date of this Act. Of the 9
members | ||
initially appointed (i) 2 of the gubernatorial appointees and 2 | ||
of the
non-gubernatorial appointees shall be appointed to serve | ||
terms expiring on the
third Monday in January, 1997 and (ii) 2 | ||
of the gubernatorial appointees and 3
of the non-gubernatorial | ||
appointees shall be appointed to serve terms expiring
on the | ||
third Monday in January, 1999. All successors shall be | ||
appointed by the
original appointing authority and hold office | ||
for a term of 4 years commencing
the third Monday in January of | ||
the year in which their term commences, except
in case of an | ||
appointment to fill a vacancy. Vacancies 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 that office, and any person so nominated who is | ||
confirmed by
the Senate shall hold office during the remainder | ||
of the term. Each member
appointed to the Board shall serve | ||
until his or her successor is appointed and
qualified. | ||
(e) The Chairperson of the Board shall be elected by the | ||
Board annually from
among the members who are appointed by the | ||
county board of Will County Executive. | ||
(f) The Governor may remove any member of the Board in case | ||
of incompetency,
neglect of duty, or malfeasance in office. | ||
(g) Members of the Board shall serve without compensation | ||
for their services
as members but may be reimbursed for all | ||
necessary expenses incurred in
connection with the performance | ||
of their duties as members. | ||
(h) The Board may appoint an Executive Director who shall | ||
have a
background in finance, including familiarity with the | ||
legal and
procedural requirements of issuing bonds, real 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, | ||
shall perform
such other duties as may be prescribed from time | ||
to time by the Board, and
shall receive compensation fixed by | ||
the Board. The Executive Director
shall attend all meetings of | ||
the Board; however, no action of the
Board or the Authority | ||
shall be invalid on account of the absence of the
Executive
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Director from a meeting. The Board may engage the services of | ||
such
other agents and employees, including attorneys, | ||
appraisers, engineers,
accountants, credit analysts and other | ||
consultants, and may prescribe their
duties and fix their | ||
compensation. | ||
(i) The Board shall meet on the call of its Chairperson or | ||
upon written
notice of 6 members of the Board. | ||
(Source: P.A. 89-333, eff. 8-17-95.) | ||
(70 ILCS 508/55) | ||
Sec. 55. Abolition of Authority. The Authority shall be | ||
abolished upon
the last to occur of the following: (1) | ||
expiration of the 25-year 15-year period that
begins on the | ||
effective date of this Act; or (2) one year
after all revenue | ||
bonds, notes, and other evidences of indebtedness of the
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Authority
have been fully paid and discharged or otherwise | ||
provided for. Upon the
abolition of the Authority, all of its | ||
rights and property shall pass to and be
vested in the State. | ||
(Source: P.A. 89-333, eff. 8-17-95.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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