Chapter 70 — SPECIAL DISTRICTS

(70 ILCS 503/99) Sec. 99. Effective date. This Act takes effect upon becoming law. (Source: P.A. 94-908, eff. 6-23-06.)

(70 ILCS 504/1) Sec. 1. Short title. This Act may be cited as the Central Illinois Economic Development Authority Act. (Source: P.A. 94-995, eff. 7-3-06.)

(70 ILCS 504/10) Sec. 10. Definitions. In this Act: "Authority" means the Central Illinois Economic Development Authority. "Authority leader" means the Executive Director, Assistant Executive Director, or any other person serving in a management, administrative, or leadership rol…

(70 ILCS 504/15) Sec. 15. Creation. (a) There is created a political subdivision, body politic, and municipal corporation named the Central Illinois Economic Development Authority. The territorial jurisdiction of the Authority is that geographic area within the boundaries of the …

(70 ILCS 504/20) Sec. 20. Duty. All official acts of the Authority shall require the approval of at least 8 members. It shall be the duty of the Authority to promote development within the geographic confines of Macon, Sangamon, Menard, Logan, Christian, DeWitt, Macoupin, Montgom…

(70 ILCS 504/21) Sec. 21. Requests for assistance; disclosure of economic interests. (a) The Authority may not hear a request for assistance from a restricted person. This prohibition extends to business relationships between a person who is an Authority leader within one year pr…

(70 ILCS 504/22) Sec. 22. Open meetings; record disclosure. (a) The Authority is subject to the Open Meetings Act and the Freedom of Information Act. Documents subject to the Freedom of Information Act include, but are not limited to, expenses, payroll, origination bonuses, and o…

(70 ILCS 504/25) Sec. 25. Powers. (a) The Authority possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Act, including, without any intended limitation upon the general powers hereby conferred, the following powers: (1) to ente…

(70 ILCS 504/27) Sec. 27. Employment advisory boards. The Authority may establish one or more employment advisory boards to report to it on employment related issues. Employment advisory boards must consist of members of the Authority and representatives from businesses and vocat…

(70 ILCS 504/30) Sec. 30. Tax avoidance. Notwithstanding any other provision of law, the Authority shall not enter into any agreement providing for the purchase and lease of tangible personal property which results in the avoidance of taxation under the Retailers' Occupation Tax …

(70 ILCS 504/35) Sec. 35. Bonds. (a) The Authority, with the written approval of the Governor, shall have the continuing power to issue bonds, notes, or other evidences of indebtedness in an aggregate amount outstanding not to exceed $250,000,000 for the following purposes: (i) d…

(70 ILCS 504/40) Sec. 40. Bonds and notes; exemption from taxation. The creation of the Authority is in all respects for the benefit of the people of Illinois and for the improvement of their health, safety, welfare, comfort, and security, and its purposes are public purposes. In…

(70 ILCS 504/45) Sec. 45. Acquisition. (a) The Authority may, but need not, acquire title to any project with respect to which it exercises its authority. (b) The Authority shall have power to acquire by purchase, lease, gift, or otherwise any property or rights therein from any …

(70 ILCS 504/5) Sec. 5. Findings. The General Assembly determines and declares the following: (1) that labor surplus areas currently exist in central Illinois; (2) that the economic burdens resulting from involuntary unemployment fall, in part, upon the State in the form of incre…

(70 ILCS 504/55) Sec. 55. Designation of depository. The Authority shall biennially designate a national or State bank or banks as depositories of its money. Such depositories shall be designated only within the State and upon condition that bonds approved as to form and surety b…

(70 ILCS 504/60) Sec. 60. Taxation prohibited. The Authority shall have no right or authority to levy any tax or special assessment, to pledge the credit of the State or any other subdivision or municipal corporation thereof, or to incur any obligation enforceable upon any proper…

(70 ILCS 504/65) Sec. 65. Fees. The Authority may collect fees and charges in connection with its loans, commitments, and servicing and may provide technical assistance in the development of the region. (Source: P.A. 94-995, eff. 7-3-06.)

(70 ILCS 504/70) Sec. 70. Reports; commitment notice. The Authority shall annually submit a report of its finances to the Auditor General. The Authority shall annually submit a report of its activities to the Governor and to the General Assembly. The Authority shall provide notic…

(70 ILCS 504/999) Sec. 999. Effective date. This Act takes effect upon becoming law. (Source: P.A. 94-995, eff. 7-3-06.)

(70 ILCS 506/1) Sec. 1. Short title. This Act may be cited as the Eastern Illinois Economic Development Authority Act. (Source: P.A. 94-203, eff. 7-13-05.)

(70 ILCS 506/10) Sec. 10. Definitions. In this Act: "Authority" means the Eastern Illinois Economic Development Authority. "Authority leader" means the Executive Director, Assistant Executive Director, or any other person serving in a management, administrative, or leadership rol…

(70 ILCS 506/15) 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 Authority is that geographic area within the boundaries of the …

(70 ILCS 506/20) Sec. 20. Duty. All official acts of the Authority shall require the approval of at least 8 members. It shall be the duty of the Authority to promote development within the geographic confines of Ford, Iroquois, Piatt, Champaign, Vermilion, Douglas, Moultrie, Shel…

(70 ILCS 506/21) Sec. 21. Requests for assistance; disclosure of economic interests. (a) The Authority may not hear a request for assistance from a restricted person. This prohibition extends to business relationships between a person who is an Authority leader within one year pr…

(70 ILCS 506/22) Sec. 22. Open meetings; record disclosure. (a) The Authority is subject to the Open Meetings Act and the Freedom of Information Act. Documents subject to the Freedom of Information Act include, but are not limited to, expenses, payroll, origination bonuses, and o…

(70 ILCS 506/25) Sec. 25. Powers. (a) The Authority possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Act, including, without any intended limitation upon the general powers hereby conferred, the following powers: (1) to ente…

(70 ILCS 506/30) Sec. 30. Tax avoidance. Notwithstanding any other provision of law, the Authority shall not enter into any agreement providing for the purchase and lease of tangible personal property which results in the avoidance of taxation under the Retailers' Occupation Tax …

(70 ILCS 506/35) Sec. 35. Bonds. (a) The Authority, with the written approval of the Governor, shall have the continuing power to issue bonds, notes, or other evidences of indebtedness in an aggregate amount outstanding not to exceed $500,000,000 for the following purposes: (i) d…

(70 ILCS 506/40) Sec. 40. Bonds and notes; exemption from taxation. The creation of the Authority is in all respects for the benefit of the people of Illinois and for the improvement of their health, safety, welfare, comfort, and security, and its purposes are public purposes. In…

(70 ILCS 506/45) Sec. 45. Acquisition. (a) The Authority may, but need not, acquire title to any project with respect to which it exercises its authority. (b) The Authority shall have power to acquire by purchase, lease, gift, or otherwise any property or rights therein from any …

(70 ILCS 506/5) Sec. 5. Findings. The General Assembly determines and declares the following: (1) that labor surplus areas currently exist in eastern Illinois; (2) that the economic burdens resulting from involuntary unemployment fall, in part, upon the State in the form of incre…

(70 ILCS 506/55) Sec. 55. Designation of depository. The Authority shall biennially designate a national or State bank or banks as depositories of its money. Such depositories shall be designated only within the State and upon condition that bonds approved as to form and surety b…

(70 ILCS 506/60) Sec. 60. Taxation prohibited. The Authority shall have no right or authority to levy any tax or special assessment, to pledge the credit of the State or any other subdivision or municipal corporation thereof, or to incur any obligation enforceable upon any proper…

(70 ILCS 506/65) Sec. 65. Fees. The Authority may collect fees and charges in connection with its loans, commitments, and servicing and may provide technical assistance in the development of the region. (Source: P.A. 94-203, eff. 7-13-05.)

(70 ILCS 506/70) Sec. 70. Reports; commitment notice. The Authority shall annually submit a report of its finances to the Auditor General. The Authority shall annually submit a report of its activities to the Governor and to the General Assembly. The Authority shall provide notic…

(70 ILCS 506/999) Sec. 999. Effective date. This Act takes effect upon becoming law. (Source: P.A. 94-203, eff. 7-13-05.)

(70 ILCS 507/1) Sec. 1. Short title. This Act may be cited as the Fort Sheridan Redevelopment Commission Act. (Source: P.A. 89-149, eff. 1-1-96.)

(70 ILCS 507/10) Sec. 10. Definitions. In this Act: "Board" means the Board of Directors of the Fort Sheridan Redevelopment Commission. "City" means a municipality. "Commission" means the Fort Sheridan Redevelopment Commission. "Comprehensive plan" means a plan (which may include…

(70 ILCS 507/15) Sec. 15. Fort Sheridan Redevelopment Commission; creation; duties. (a) By intergovernmental agreement approved by ordinance adopted by any 3 or more cities which are contiguous to or encompass all or part of Fort Sheridan, and the county within which they lie, th…

(70 ILCS 507/17) Sec. 17. Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject to, and shall be exercised in accordance with, the Eminent Domain Act. (Source: P.A. 94-105…

(70 ILCS 507/20) Sec. 20. Filing; Issuance of certificate of incorporation. The Commission established under this Act shall file duplicate originals of its initial intergovernmental agreement in the office of the Secretary of State of the State of Illinois, on forms prescribed an…

(70 ILCS 507/25) Sec. 25. Commission not to have taxing power. The Commission shall not have power to levy taxes for any purpose whatsoever except as provided in Section 15 of this Act with respect to Special Service Districts and Tax Increment Financing Districts. (Source: P.A. …

(70 ILCS 507/30) Sec. 30. Anti-trust laws; State action exemption; tort immunity; tax exemption. (a) The Commission is hereby expressly made the beneficiary of the provisions of Section 1 of the Local Government Antitrust Exemption Act, and the General Assembly intends that the S…

(70 ILCS 507/35) Sec. 35. Intergovernmental Agreements by and with Members. In order to implement the intergovernmental agreement or any redevelopment plan, land development, or project approved by the Commission, members of the Commission and the Commission shall have the author…

(70 ILCS 507/5) Sec. 5. Legislative findings. (a) The General Assembly finds that there has been a dramatic change in the area known as "Fort Sheridan", a former federal reservation, and that failure to make the most economical, efficient, environmentally sensitive, and properly …

(70 ILCS 508/1) Sec. 1. Short title. This Act may be cited as the Joliet Arsenal Development Authority Act. (Source: P.A. 89-333, eff. 8-17-95.)

(70 ILCS 508/10) Sec. 10. Definitions. In this Act words and phrases have the meanings set forth in the following Sections. (Source: P.A. 89-333, eff. 8-17-95.)

(70 ILCS 508/10.10) Sec. 10.10. Board. "Board" means the Board of Directors of the Authority. (Source: P.A. 89-333, eff. 8-17-95.)

(70 ILCS 508/10.15) Sec. 10.15. Commercial project. "Commercial project" means any project, including but not limited to one or more buildings and other structures, improvements, machinery, and equipment whether or not on the same site, suitable for use by any retail or wholesale…

(70 ILCS 508/10.20) Sec. 10.20. Costs incurred in connection with the development, construction, acquisition, or improvement of a project. "Costs incurred in connection with the development, construction, acquisition, or improvement of a project" means the following: the cost of …