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Public Act 92-0063
SB358 Enrolled LRB9207502TApc
AN ACT concerning the Quad Cities Regional Economic
Development Authority.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Quad Cities Regional Economic Development
Authority Act, approved September 22, 1987, is amended by
changing Section 4 as follows:
(70 ILCS 510/4) (from Ch. 85, par. 6204)
Sec. 4. (a) There is hereby created a political
subdivision, body politic and municipal corporation named the
Quad Cities Regional Economic Development Authority. The
territorial jurisdiction of the Authority is that geographic
area within the boundaries of Rock Island, Henry, Knox, and
Mercer counties in the State of Illinois and any navigable
waters and air space located therein.
(b) The governing and administrative powers of the
Authority shall be vested in a body consisting of 11 9
members including, as an ex officio member, the Director of
the Department of Commerce and Community Affairs, or his or
her designee. The other 10 8 members of the Authority shall
be designated "public members", 6 5 of whom shall be
appointed by the Governor with the advice and consent of the
Senate. Of the 6 5 members appointed by the Governor, one
shall be from a city within the Authority's territory with a
population of 25,000 or more and the remainder shall be
appointed at large. Of the 6 5 members appointed by the
Governor, 2 members shall have business or finance
experience. One member shall be appointed by each of the
county board chairmen of Rock Island, Henry, Knox, and Mercer
Counties with the advice and consent of the respective county
board. All public members shall reside within the territorial
jurisdiction of this Act. Six Five members shall constitute a
quorum. 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, small business management, real estate
development, community development, venture finance,
organized labor or civic, community or neighborhood
organization. The Chairman of the Authority shall be a public
member elected by the affirmative vote of not fewer than 6 5
members of the Authority. The term of the Chairman shall be
one year.
(c) The terms of all members of the Authority shall
begin 30 days after the effective date of this Act, except
(i) the terms of for those members added by this amendatory
Act of 1989, whose terms shall begin 30 days after the
effective date of this amendatory Act of 1989 and (ii) the
terms of those members added by this amendatory Act of the
92nd General Assembly shall begin 30 days after the effective
date of this amendatory Act of the 92nd General Assembly. Of
the 10 8 public members appointed pursuant to this Act, 2
(one of whom shall be appointed by the Governor) shall serve
until the third Monday in January, 1989, 2 (one of whom shall
be appointed by the Governor) shall serve until the third
Monday in January, 1990, 2 (one of whom shall be appointed by
the Governor) shall serve until the third Monday in January,
1991, and 2 (both of whom shall be appointed by the Governor)
shall serve until the third Monday in January, 1992, and 2
(one of whom shall be appointed by the Governor and one of
whom shall be appointed by the county board chairman of Knox
County) shall serve until the third Monday in January, 2004.
The initial terms of the members appointed by the county
board chairmen (other than the county board chairman of Knox
County) shall be determined by lot. All successors shall be
appointed by the original appointing authority and hold
office for a term of 3 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 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 such
office, and any person so nominated who is confirmed by the
Senate shall hold office during the remainder of the term and
until a successor shall be appointed and qualified. Members
of the Authority shall not be entitled to compensation for
their services as members but shall be entitled to
reimbursement for all necessary expenses incurred in
connection with the performance of their duties as members.
(d) The Governor may remove any public member of the
Authority appointed by the Governor in case of incompetency,
neglect of duty, or malfeasance in office. The Chairman of a
county board may remove any public member of the Authority
appointed by such Chairman in the case of incompetency,
neglect of duty, or malfeasance in office.
(e) 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 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 members and shall receive
compensation fixed by the Authority. The Authority may
engage the services of such other agents and employees,
including attorneys, appraisers, engineers, accountants,
credit analysts and other consultants, as it may deem
advisable and may prescribe their duties and fix their
compensation.
(f) The Board shall create a task force to study and
make recommendations to the Board on the economic development
of the territory within the jurisdiction of this Act. The
number of members constituting the task force shall be set by
the Board and may vary from time to time. The Board may set
a specific date by which the task force is to submit its
final report and recommendations to the Board.
(Source: P.A. 86-837.)
Section 99. Effective date. This Act takes effect upon
becoming law.
Passed in the General Assembly April 25, 2001.
Approved July 12, 2001.
Effective July 12, 2001.
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