2,558 sections in this chapter.
65 ILCS 5/11-73.1-1 Sec. 11-73.1-1
0.8K chars
(65 ILCS 5/11-73.1-1) (from Ch. 24, par. 11-73.1-1) Sec. 11-73.1-1. The following terms whenever used or referred to in this Division shall have the following meanings unless the context requires otherwise: (1) "Governing body" means, with respect to a municipality, the council, …
65 ILCS 5/11-73.1-2 Municipal tree planting programs
0.5K chars
(65 ILCS 5/11-73.1-2) (from Ch. 24, par. 11-73.1-2) Sec. 11-73.1-2. Municipal tree planting programs. Any municipality may by ordinance establish a tree planting program. Any municipality or any 2 or more municipalities, contiguous or noncontiguous, may by ordinance adopted by th…
65 ILCS 5/11-73.1-3 Sec. 11-73.1-3
0.3K chars
(65 ILCS 5/11-73.1-3) (from Ch. 24, par. 11-73.1-3) Sec. 11-73.1-3. Each municipality shall have full power and authority, subject to the provisions of its charter and laws regarding local finance, to appropriate money for the payment of expenses related to a tree planting progra…
65 ILCS 5/11-73.1-4 Sec. 11-73.1-4
0.4K chars
(65 ILCS 5/11-73.1-4) (from Ch. 24, par. 11-73.1-4) Sec. 11-73.1-4. A municipality may perform any act authorized by this Division through, or by means of, its officers, agents or employees or by contract with others, including, without limitation, the employment of engineers, la…
65 ILCS 5/11-74-1 Sec. 11-74-1
0.2K chars
(65 ILCS 5/11-74-1) (from Ch. 24, par. 11-74-1) Sec. 11-74-1. This Division 74 may be cited as "The Industrial Project Revenue Bond Act". (Source: P.A. 77-1453.)
65 ILCS 5/11-74-10 Sec. 11-74-10
0.7K chars
(65 ILCS 5/11-74-10) (from Ch. 24, par. 11-74-10) Sec. 11-74-10. No holder of any bonds issued under this Division 74 has the right to compel any exercise of taxing power of the municipality to pay the bonds or the interest thereon, and the bonds do not constitute an indebtedness…
65 ILCS 5/11-74-11 Sec. 11-74-11
0.5K chars
(65 ILCS 5/11-74-11) (from Ch. 24, par. 11-74-11) Sec. 11-74-11. The corporate authorities of a municipality issuing bonds pursuant to this Division 74 shall prescribe and collect revenues with respect to an industrial project and shall revise such from time to time whenever nece…
65 ILCS 5/11-74-12 Sec. 11-74-12
0.5K chars
(65 ILCS 5/11-74-12) (from Ch. 24, par. 11-74-12) Sec. 11-74-12. It is not necessary for any municipality proceeding under this Division 74 to obtain any certificate of convenience or necessity, franchise, license, permit, or other authorization from any bureau, board, commission…
65 ILCS 5/11-74-13 Sec. 11-74-13
0.9K chars
(65 ILCS 5/11-74-13) (from Ch. 24, par. 11-74-13) Sec. 11-74-13. The powers conferred by this Division 74 are in addition and supplemental to, and the limitations imposed by this Division 74 shall not affect, the powers conferred by any other law. Industrial project may be acquir…
65 ILCS 5/11-74-14 Disclosure of interest
0.8K chars
(65 ILCS 5/11-74-14) (from Ch. 24, par. 11-74-14) Sec. 11-74-14. Disclosure of interest. Any member of the corporate authority of a municipality shall disclose any pecuniary interest in any employment, financing, agreement or other contract made under the provisions of this Divis…
65 ILCS 5/11-74-2 Sec. 11-74-2
2.0K chars
(65 ILCS 5/11-74-2) (from Ch. 24, par. 11-74-2) Sec. 11-74-2. Whenever used in this Division 74, unless a different meaning clearly appears from the context: (1) "Industrial project" means any: (a) capital project, including one or more buildings and other structures, improvement…
65 ILCS 5/11-74-3 Sec. 11-74-3
0.8K chars
(65 ILCS 5/11-74-3) (from Ch. 24, par. 11-74-3) Sec. 11-74-3. It is hereby determined and declared that the purpose of this Division 74 is to relieve conditions of unemployment, to maintain existing levels of employment, to aid in the rehabilitation of returning veterans, and to …
65 ILCS 5/11-74-4 Sec. 11-74-4
4.0K chars
(65 ILCS 5/11-74-4) (from Ch. 24, par. 11-74-4) Sec. 11-74-4. In addition to powers which it may now have, any municipality has the power under this Division 74: (1) To construct, acquire by gift, lease or purchase, reconstruct, improve, better or extend, or to finance the constr…
65 ILCS 5/11-74-5 Sec. 11-74-5
1.8K chars
(65 ILCS 5/11-74-5) (from Ch. 24, par. 11-74-5) Sec. 11-74-5. The financing of the construction, acquisition, reconstruction, improvement, betterment or extension of any industrial project may be authorized under this Division 74 and bonds may be authorized to be issued under thi…
65 ILCS 5/11-74-6 Sec. 11-74-6
0.2K chars
(65 ILCS 5/11-74-6) (from Ch. 24, par. 11-74-6) Sec. 11-74-6. No bonds may be issued under this Division 74 unless the bond issue is approved by the affirmative vote of 3/5 of the corporate authorities. (Source: P.A. 77-1453.)
65 ILCS 5/11-74-7 Sec. 11-74-7
2.8K chars
(65 ILCS 5/11-74-7) (from Ch. 24, par. 11-74-7) Sec. 11-74-7. Any resolution authorizing the issuance of bonds under this Division 74 may contain covenants as to (a) the use and disposition of the income and revenues from or with respect to the industrial project for which the bo…
65 ILCS 5/11-74-8 Sec. 11-74-8
0.9K chars
(65 ILCS 5/11-74-8) (from Ch. 24, par. 11-74-8) Sec. 11-74-8. The bonds bearing the signatures of officers in office on the date of the signing thereof are valid and binding obligations, notwithstanding that before the delivery thereof and payment therefor any or all the persons …
65 ILCS 5/11-74-9 Sec. 11-74-9
0.6K chars
(65 ILCS 5/11-74-9) (from Ch. 24, par. 11-74-9) Sec. 11-74-9. All bonds issued under this Division 74 have a lien upon the income and revenues delivered by the municipality with respect to the industrial project for which the bonds have been issued, and the governing body may pro…
65 ILCS 5/11-74.1-1 Sec. 11-74.1-1
0.8K chars
(65 ILCS 5/11-74.1-1) (from Ch. 24, par. 11-74.1-1) Sec. 11-74.1-1. For the public purposes set forth in the Illinois Finance Authority Act, the corporate authorities of each municipality may (1) acquire, singly or jointly with other municipalities or counties, by gift, purchase …
65 ILCS 5/11-74.2-1 Sec. 11-74.2-1
2.2K chars
(65 ILCS 5/11-74.2-1) (from Ch. 24, par. 11-74.2-1) Sec. 11-74.2-1. It is hereby found and declared: (a) In certain municipalities of the State there exist commercial blight or conservation areas where a major portion of the commercial buildings and structures are detrimental to …
65 ILCS 5/11-74.2-10 Sec. 11-74.2-10
2.2K chars
(65 ILCS 5/11-74.2-10) (from Ch. 24, par. 11-74.2-10) Sec. 11-74.2-10. When the corporate authorities have acquired title to, and possession of all or any part of the real property located within a redevelopment area, they may let contracts for the demolition or removal of buildi…
65 ILCS 5/11-74.2-11 Sec. 11-74.2-11
1.2K chars
(65 ILCS 5/11-74.2-11) (from Ch. 24, par. 11-74.2-11) Sec. 11-74.2-11. In carrying out the provisions of a final redevelopment plan the corporate authorities may pave and improve streets in the redevelopment area, construct sidewalks and install or relocate sewers, water pipes an…
65 ILCS 5/11-74.2-12 Sec. 11-74.2-12
0.8K chars
(65 ILCS 5/11-74.2-12) (from Ch. 24, par. 11-74.2-12) Sec. 11-74.2-12. When the corporate authorities have acquired title to, and possession of any or all real property in the redevelopment area, they may convey any part of the redevelopment area to any public body having jurisdi…
65 ILCS 5/11-74.2-13 Sec. 11-74.2-13
0.8K chars
(65 ILCS 5/11-74.2-13) (from Ch. 24, par. 11-74.2-13) Sec. 11-74.2-13. No member of the corporate authority or employee of a municipality subject to this Division shall acquire any interest direct or indirect in any redevelopment area or in any property included or planned to be …
65 ILCS 5/11-74.2-14 Sec. 11-74.2-14
2.4K chars
(65 ILCS 5/11-74.2-14) (from Ch. 24, par. 11-74.2-14) Sec. 11-74.2-14. The corporate authorities may at any time transfer and sell the fee simple title, or any lesser estate that they acquired to all or any part of the real property within the redevelopment area. No such sale sha…
65 ILCS 5/11-74.2-15 Sec. 11-74.2-15
1.8K chars
(65 ILCS 5/11-74.2-15) (from Ch. 24, par. 11-74.2-15) Sec. 11-74.2-15. Any real property in the redevelopment area that has not been sold, or in the case of commercial projects sold or leased, by the corporate authorities within 5 years after they have acquired title to all the r…
65 ILCS 5/11-74.2-16 Sec. 11-74.2-16
2.1K chars
(65 ILCS 5/11-74.2-16) (from Ch. 24, par. 11-74.2-16) Sec. 11-74.2-16. The corporate authorities are authorized and empowered to incur indebtedness and issue revenue bonds in such amounts as they deem necessary for the purpose of raising funds for carrying out the provisions of a…
65 ILCS 5/11-74.2-17 Sec. 11-74.2-17
1.5K chars
(65 ILCS 5/11-74.2-17) (from Ch. 24, par. 11-74.2-17) Sec. 11-74.2-17. The bonds shall contain a provision that the principal and interest thereon shall be payable exclusively from the proceeds and revenues of any commercial redevelopment plan or commercial project which is finan…
65 ILCS 5/11-74.2-18 Sec. 11-74.2-18
1.3K chars
(65 ILCS 5/11-74.2-18) (from Ch. 24, par. 11-74.2-18) Sec. 11-74.2-18. The revenue bonds issued pursuant to this Division shall be sold to the highest and best bidder at not less than their par value and accrued interest. The municipality shall, from time to time as bonds are to …
65 ILCS 5/11-74.2-19 Sec. 11-74.2-19
0.7K chars
(65 ILCS 5/11-74.2-19) (from Ch. 24, par. 11-74.2-19) Sec. 11-74.2-19. In connection with the issuance of the revenue bonds authorized by this Division, and in order to secure the payment of such bonds, the corporate authorities may, subject to the powers and limitations containe…
65 ILCS 5/11-74.2-2 Sec. 11-74.2-2
3.5K chars
(65 ILCS 5/11-74.2-2) (from Ch. 24, par. 11-74.2-2) Sec. 11-74.2-2. As used in this Act unless the context requires otherwise: (a) "Real property" means lands, lands under water, structures, and any and all easements, franchises and incorporeal hereditaments, estates and rights, …
65 ILCS 5/11-74.2-3 Sec. 11-74.2-3
1.4K chars
(65 ILCS 5/11-74.2-3) (from Ch. 24, par. 11-74.2-3) Sec. 11-74.2-3. The corporate authorities of any municipality may by resolution provide for an initial study and survey to determine if the municipality contains any commercial blight or conservation areas. In making the study a…
65 ILCS 5/11-74.2-4 Sec. 11-74.2-4
0.9K chars
(65 ILCS 5/11-74.2-4) (from Ch. 24, par. 11-74.2-4) Sec. 11-74.2-4. If as a result of their initial study and survey the corporate authorities determine that one or more commercial blight or conservation areas exist in the municipality, they may by resolution set forth the bounda…
65 ILCS 5/11-74.2-5 Sec. 11-74.2-5
0.8K chars
(65 ILCS 5/11-74.2-5) (from Ch. 24, par. 11-74.2-5) Sec. 11-74.2-5. At the hearing on commercial blight or conservation areas the corporate authorities shall introduce the testimony and evidence that entered into their decision to declare an area a commercial blight or conservati…
65 ILCS 5/11-74.2-6 Sec. 11-74.2-6
0.6K chars
(65 ILCS 5/11-74.2-6) (from Ch. 24, par. 11-74.2-6) Sec. 11-74.2-6. At the conclusion of the hearing on commercial blight and conservation areas the corporate authorities shall formulate and publish a final commercial redevelopment plan for the municipality after approval by a 2/…
65 ILCS 5/11-74.2-7 Sec. 11-74.2-7
0.9K chars
(65 ILCS 5/11-74.2-7) (from Ch. 24, par. 11-74.2-7) Sec. 11-74.2-7. Within 30 days after the publication of a final commercial redevelopment plan, any person aggrieved by the action of the corporate authorities may seek a review of their decision and the redevelopment plan under …
65 ILCS 5/11-74.2-8 Sec. 11-74.2-8
3.5K chars
(65 ILCS 5/11-74.2-8) (from Ch. 24, par. 11-74.2-8) Sec. 11-74.2-8. In carrying out a final commercial redevelopment plan the corporate authorities have the power to: (a) Acquire by purchase, gift, condemnation or otherwise as provided in this Division the fee simple title to all…
65 ILCS 5/11-74.2-9 Sec. 11-74.2-9
2.2K chars
(65 ILCS 5/11-74.2-9) (from Ch. 24, par. 11-74.2-9) Sec. 11-74.2-9. In exercising the power to acquire real estate as provided in this Division, the corporate authorities may proceed by gift, purchase or condemnation to acquire the fee simple title to all real property lying with…
65 ILCS 5/11-74.3-1 Sec. 11-74.3-1
4.3K chars
(65 ILCS 5/11-74.3-1) (from Ch. 24, par. 11-74.3-1) Sec. 11-74.3-1. Division short title; declaration of public purpose. This Division 74.3 may be cited as the Business District Development and Redevelopment Law. It is hereby found and declared: (1) It is essential to the economi…
65 ILCS 5/11-74.3-2 Procedures to designate business districts; ordinances; notice; hearings
9.0K chars
(65 ILCS 5/11-74.3-2) (from Ch. 24, par. 11-74.3-2) Sec. 11-74.3-2. Procedures to designate business districts; ordinances; notice; hearings. (a) The corporate authorities of a municipality shall by ordinance propose the approval of a business district plan and designation of a b…
65 ILCS 5/11-74.3-3 Sec. 11-74.3-3
5.8K chars
(65 ILCS 5/11-74.3-3) (from Ch. 24, par. 11-74.3-3) Sec. 11-74.3-3. Powers of municipalities. In addition to the powers a municipality may now have, a municipality shall have the following powers: (1) To make and enter into all contracts necessary or incidental to the implementat…
65 ILCS 5/11-74.3-4 Sec. 11-74.3-4
0.3K chars
(65 ILCS 5/11-74.3-4) (from Ch. 24, par. 11-74.3-4) Sec. 11-74.3-4. The powers granted to municipalities in this Law shall not be construed as a limitation on the powers of a home rule municipality granted by Article VII of the Illinois Constitution. (Source: P.A. 96-1394, eff. 7…
65 ILCS 5/11-74.3-5 Sec. 11-74.3-5
6.5K chars
(65 ILCS 5/11-74.3-5) Sec. 11-74.3-5. Definitions. The following terms as used in this Law shall have the following meanings: "Blighted area" means an area that is a blighted area which, by reason of the predominance of defective, non-existent, or inadequate street layout, unsani…
65 ILCS 5/11-74.3-6 Business district revenue and obligations; business district tax allocation fund
37.6K chars
(65 ILCS 5/11-74.3-6) Sec. 11-74.3-6. Business district revenue and obligations; business district tax allocation fund. (a) If the corporate authorities of a municipality have approved a business district plan, have designated a business district, and have elected to impose a tax…
65 ILCS 5/11-74.3-7 Sec. 11-74.3-7
0.8K chars
(65 ILCS 5/11-74.3-7) Sec. 11-74.3-7. Existing business districts. Except as hereinafter provided, business districts that were designated prior to the effective date of this amendatory Act of the 96th General Assembly shall continue to operate and be governed by the terms of thi…
65 ILCS 5/11-74.4-1 Sec. 11-74.4-1
0.2K chars
(65 ILCS 5/11-74.4-1) (from Ch. 24, par. 11-74.4-1) Sec. 11-74.4-1. This Division 74.4 shall be known and may be cited as the "Tax Increment Allocation Redevelopment Act". (Source: P.A. 84-1417.)
65 ILCS 5/11-74.4-10 Sec. 11-74.4-10
0.9K chars
(65 ILCS 5/11-74.4-10) (from Ch. 24, par. 11-74.4-10) Sec. 11-74.4-10. Revenues received by the municipality from any property, building or facility owned, leased or operated by the municipality or any agency or authority established by the municipality, or from repayments of loa…
65 ILCS 5/11-74.4-11 Sec. 11-74.4-11
0.4K chars
(65 ILCS 5/11-74.4-11) (from Ch. 24, par. 11-74.4-11) Sec. 11-74.4-11. If any Section, subdivision, paragraph, sentence or clause of this Division is, for any reason, held to be invalid or unconstitutional, such decision shall not affect any remaining portion, Section or part the…
65 ILCS 5/11-74.4-12 Sec. 11-74.4-12
0.9K chars
(65 ILCS 5/11-74.4-12) Sec. 11-74.4-12. Metro East Police District. A municipality may use moneys from the special tax allocation fund to hire police officers, if the corporate authorities of the municipality determine by ordinance or resolution that, as a result of the developme…
65 ILCS 5/11-74.4-2 Sec. 11-74.4-2
3.4K chars
(65 ILCS 5/11-74.4-2) (from Ch. 24, par. 11-74.4-2) Sec. 11-74.4-2. (a) It is hereby found and declared that there exist in many municipalities within this State blighted conservation and industrial park conservation areas, as defined herein; that the conservation areas are rapid…