Chapter 70 — SPECIAL DISTRICTS

(70 ILCS 520/11) (from Ch. 85, par. 6161) Sec. 11. 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 by …

(70 ILCS 520/11.1) (from Ch. 85, par. 6161.1) Sec. 11.1. (a) No member of the Authority or officer, agent, or employee of the Authority shall, in his or her own name or in the name of a nominee, be an officer or director of or hold an ownership of more than 7.5% in any person, as…

(70 ILCS 520/12) (from Ch. 85, par. 6162) Sec. 12. 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 pro…

(70 ILCS 520/13) (from Ch. 85, par. 6163) Sec. 13. The Authority may collect fees and charges in connection with its loans, commitments and servicing and provide technical assistance in the development of the region. (Source: P.A. 85-591.)

(70 ILCS 520/2) (from Ch. 85, par. 6152) Sec. 2. The General Assembly hereby determines and declares: (a) That labor surplus areas currently exist in the southwestern part of the State; (b) That the economic burdens resulting from involuntary unemployment fall in part upon the St…

(70 ILCS 520/3) (from Ch. 85, par. 6153) Sec. 3. The following terms, whenever used or referred to in this Act, shall have the following meanings, except in such instances where the context may clearly indicate otherwise: (a) "Authority" means the Southwestern Illinois Developmen…

(70 ILCS 520/4) (from Ch. 85, par. 6154) Sec. 4. (a) There is hereby created a political subdivision, body politic and municipal corporation named the Southwestern Illinois Development Authority. The territorial jurisdiction of the Authority is that geographic area within the bou…

(70 ILCS 520/5) (from Ch. 85, par. 6155) Sec. 5. All official acts of the Authority shall require the approval of at least 8 voting members. It shall be the duty of the Authority to promote development within the geographic confines of Madison, Bond, Clinton, St. Clair, and Monro…

(70 ILCS 520/5.1) Sec. 5.1. 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…

(70 ILCS 520/6) (from Ch. 85, par. 6156) Sec. 6. (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: (1)…

(70 ILCS 520/6.1) Sec. 6.1. Commitment notice. The Authority shall provide notice to the General Assembly, the Department of Commerce and Economic Opportunity, and the Governor once the Authority enters into a commitment to support the financing of a project. The notice to the Ge…

(70 ILCS 520/7) (from Ch. 85, par. 6157) Sec. 7. (a) The Authority, with the written approval of the Governor, shall have the continuing power to issue bonds, notes, or other evidences of indebtedness for the purpose of developing, constructing, acquiring or improving projects, i…

(70 ILCS 520/7.1) (from Ch. 85, par. 6157.1) Sec. 7.1. Any unit of local government which is authorized to issue, sell and deliver its local government securities under any provision of the Illinois Constitution or laws of this State may issue, sell, and deliver such local govern…

(70 ILCS 520/7.2) (from Ch. 85, par. 6157.2) Sec. 7.2. (a) Any unit of local government which receives funds from the Department of Revenue, including without limitation funds received pursuant to Sections 8-11-1, 8-11-1.4 or 8-11-5 of the Illinois Municipal Code, the Home Rule C…

(70 ILCS 520/7.3) (from Ch. 85, par. 6157.3) Sec. 7.3. The Authority may issue a single bond issue pursuant to this Act for a group of industrial projects, a group of housing projects, a group of residential projects, a group of commercial projects, a group of local government pr…

(70 ILCS 520/7.5) Sec. 7.5. Tax exemption of bonds. The issuance of bonds under this Act is deemed an essential public and governmental purpose. Interest on the bonds issued under this Act after the effective date of this amendatory Act of 1996 is exempt from taxation within this…

(70 ILCS 520/8) (from Ch. 85, par. 6158) Sec. 8. (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 …

(70 ILCS 520/8.5) Sec. 8.5. 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. 94-1…

(70 ILCS 520/9) (from Ch. 85, par. 6159) Sec. 9. In addition to the power and authority heretofore conferred upon the Authority, the Authority, in its own name, shall have full power and authority: to acquire and thereafter operate and maintain any existing vehicular toll bridge …

(70 ILCS 525/2001) (from Ch. 85, par. 7501) Sec. 2001. Short title. This Article may be cited as the Tri-County River Valley Development Authority Law. (Source: P.A. 86-1489.)

(70 ILCS 525/2002) (from Ch. 85, par. 7502) Sec. 2002. Findings. The General Assembly hereby determines and declares: (a) That labor surplus areas currently exist in the State's Tri-County River Valley area. (b) That the economic burdens resulting from involuntary unemployment fa…

(70 ILCS 525/2003) (from Ch. 85, par. 7503) Sec. 2003. Definitions. The following terms, whenever used or referred to in this Article, shall have the following meanings, except in such instances where the context may clearly indicate otherwise: (a) "Authority" means the Tri-Count…

(70 ILCS 525/2004) (from Ch. 85, par. 7504) Sec. 2004. Establishment. (a) There is hereby created a political subdivision, body politic and municipal corporation named the Tri-County River Valley Development Authority. The territorial jurisdiction of the Authority is that geograp…

(70 ILCS 525/2005) (from Ch. 85, par. 7505) Sec. 2005. Duty. All official acts of the Authority shall require the approval of at least 6 members. It shall be the duty of the Authority to promote development within the geographic confines of Peoria, Tazewell and Woodford counties.…

(70 ILCS 525/2005.1) Sec. 2005.1. 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…

(70 ILCS 525/2005.2) Sec. 2005.2. 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 bonuse…

(70 ILCS 525/2006) (from Ch. 85, par. 7506) Sec. 2006. Powers. (a) The Authority possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Article, including, without any intended limitation upon the general powers hereby conferred, …

(70 ILCS 525/2007) (from Ch. 85, par. 7507) Sec. 2007. 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 …

(70 ILCS 525/2007.1) Sec. 2007.1. 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 purp…

(70 ILCS 525/2008) (from Ch. 85, par. 7508) Sec. 2008. 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…

(70 ILCS 525/2009) (from Ch. 85, par. 7509) Sec. 2009. Bridges. (a) In addition to the power and authority heretofore conferred upon the Authority, the Authority, in its own name, shall have full power and authority: to acquire and thereafter operate and maintain any existing veh…

(70 ILCS 525/2010) (from Ch. 85, par. 7510) Sec. 2010. 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 app…

(70 ILCS 525/2011) (from Ch. 85, par. 7511) Sec. 2011. 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…

(70 ILCS 525/2012) (from Ch. 85, par. 7512) Sec. 2012. Fees. The Authority may collect fees and charges in connection with its loans, commitments and servicing and provide technical assistance in the development of the region. (Source: P.A. 86-1489.)

(70 ILCS 525/2013) (from Ch. 85, par. 7513) Sec. 2013. 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 General Assembly. The Authori…

(70 ILCS 530/1) (from Ch. 85, par. 7151) Sec. 1. Short title. This Act shall be known and may be cited as the "Upper Illinois River Valley Development Authority Act". (Source: P.A. 86-1024.)

(70 ILCS 530/10) (from Ch. 85, par. 7160) Sec. 10. Enterprise zones. The Authority may by ordinance designate a portion of the territorial jurisdiction of the Authority for certification as an Enterprise Zone under the Illinois Enterprise Zone Act in addition to any other enterpr…

(70 ILCS 530/11) (from Ch. 85, par. 7161) Sec. 11. 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 approve…

(70 ILCS 530/12) (from Ch. 85, par. 7162) Sec. 12. 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 enf…

(70 ILCS 530/13) (from Ch. 85, par. 7163) Sec. 13. Fees. The Authority may collect fees and charges in connection with its loans, commitments and servicing and provide technical assistance in the development of the region. (Source: P.A. 86-1024.)

(70 ILCS 530/14) (from Ch. 85, par. 7164) Sec. 14. 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 General Assembly. The Authority s…

(70 ILCS 530/2) (from Ch. 85, par. 7152) Sec. 2. Findings. The General Assembly hereby determines and declares: (a) That labor surplus areas currently exist in the State's upper Illinois River valley; (b) That the economic burdens resulting from involuntary unemployment fall in p…

(70 ILCS 530/3) (from Ch. 85, par. 7153) Sec. 3. Definitions. The following terms, whenever used or referred to in this Act, shall have the following meanings, except in such instances where the context may clearly indicate otherwise: (a) "Authority" means the Upper Illinois Rive…

(70 ILCS 530/4) (from Ch. 85, par. 7154) Sec. 4. Establishment. (a) There is hereby created a political subdivision, body politic and municipal corporation named the Upper Illinois River Valley Development Authority. The territorial jurisdiction of the Authority is that geographi…

(70 ILCS 530/5) (from Ch. 85, par. 7155) Sec. 5. Duty. All official acts of the Authority shall require the approval of at least 9 members. It shall be the duty of the Authority to promote development within the geographic confines of Grundy, LaSalle, Bureau, Putnam and Marshall …

(70 ILCS 530/5.1) Sec. 5.1. 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 …

(70 ILCS 530/5.2) Sec. 5.2. 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…

(70 ILCS 530/6) (from Ch. 85, par. 7156) Sec. 6. 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 follow…

(70 ILCS 530/6.1) Sec. 6.1. 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 that results in the avoidance of taxation under the Retailers' Occupation Tax…

(70 ILCS 530/7) (from Ch. 85, par. 7157) Sec. 7. 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 pu…