Chapter 70 — SPECIAL DISTRICTS

(70 ILCS 530/7.1) Sec. 7.1. 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 purposes. …

(70 ILCS 530/8) (from Ch. 85, par. 7158) Sec. 8. 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 ri…

(70 ILCS 530/9) (from Ch. 85, par. 7159) Sec. 9. 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 vehicular…

(70 ILCS 531/1) Sec. 1. Short title. This Act may be cited as the Illinois Urban Development Authority Act. (Source: P.A. 96-234, eff. 1-1-10.)

(70 ILCS 531/10) Sec. 10. Legality for investment. Any financial institution, investment company, insurance company, or association and any personal representative, guardian, trustee, or other fiduciary, may legally invest any moneys belonging to them or within their control in a…

(70 ILCS 531/11) Sec. 11. Tax exemption. The Authority shall not be required to pay any taxes or assessments of any kind whatsoever and its bonds, their transfer, the interest payable on them, and any income derived from them shall be exempt at the time of issuance and at all tim…

(70 ILCS 531/12) Sec. 12. Additional powers and duties. (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 the power to enter into intergovernmental agreements with the State of Illinois…

(70 ILCS 531/13) Sec. 13. Fees and charges. 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. 96-234, eff. 1-1-10.)

(70 ILCS 531/14) Sec. 14. Designation of depository. The Authority shall biennially designate a national or State bank or banks as depositories of its money. Those depositories shall be designated only within the State and upon condition that bonds approved as to form and surety …

(70 ILCS 531/2) Sec. 2. Findings. The General Assembly hereby determines and declares that: (1) the economic burdens resulting from involuntary unemployment fall in part upon the State in the form of increased need for public assistance, reduced tax revenues, and increased resour…

(70 ILCS 531/3) 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: "Authority" means the Illinois Urban Development Authority created by …

(70 ILCS 531/4) Sec. 4. Illinois Urban Development Authority. There is hereby created a political subdivision, body politic and corporate by the name of Illinois Urban Development Authority. The exercise by the Authority of the powers conferred by law shall be an essential public…

(70 ILCS 531/5) Sec. 5. Conflicts of interest; requests for assistance; disclosure of economic interests. (a) No member of the Authority or officer, agent, or employee thereof shall, in the member's own name or in the name of a nominee, be an officer, director, or hold an ownersh…

(70 ILCS 531/6) Sec. 6. Records, reports, and notices of the Authority. The secretary shall keep a record of the proceedings of the Authority. The treasurer of the Authority shall be custodian of all Authority funds, and shall be bonded in such amount as the other members of the …

(70 ILCS 531/7) Sec. 7. Approval of official acts. All official acts of the Authority shall require the approval of at least 6 members. (Source: P.A. 96-234, eff. 1-1-10.)

(70 ILCS 531/8) Sec. 8. Powers of the Authority. (a) The Authority possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Act, including, without limitation, except as defined in Section 9.1 of the Act, the following: (1) To enter…

(70 ILCS 531/9) Sec. 9. Revenue bonds. (a) The Authority shall have the continuing power to issue revenue bonds, notes, or other evidences of indebtedness in an aggregate amount not to exceed $500,000,000 for the purpose of developing, constructing, acquiring, or improving projec…

(70 ILCS 531/9.1) Sec. 9.1. Limitation. (a) The Authority may issue its bonds or notes (including refunding bond or notes) only if the financed project is situated within the territorial jurisdiction of a municipality with a municipal poverty rate greater than 3% in excess of the…

(70 ILCS 531/90) Sec. 90. (Amendatory provisions; text omitted). (Source: P.A. 96-234, eff. 1-1-10; text omitted.)

(70 ILCS 532/10) Sec. 10. Findings. The General Assembly determines and declares the following: (1) that labor surplus areas currently exist in western Illinois; (2) that the economic burdens resulting from involuntary unemployment fall, in part, upon the State in the form of inc…

(70 ILCS 532/15) Sec. 15. Definitions. In this Act: "Authority" means the Western 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 532/20) Sec. 20. Creation. (a) There is created a political subdivision, body politic, and municipal corporation named the Western Illinois Economic Development Authority. The territorial jurisdiction of the Authority is that geographic area within the boundaries of the …

(70 ILCS 532/25) Sec. 25. Duty. All official acts of the Authority shall require the approval of at least 11 members. It shall be the duty of the Authority to promote development within the geographic confines of Warren, Henderson, Hancock, McDonough, Fulton, Mason, Cass, Schuyle…

(70 ILCS 532/26) Sec. 26. 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 532/27) Sec. 27. 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 532/30) Sec. 30. 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 532/35) Sec. 35. 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 532/40) Sec. 40. 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 532/45) Sec. 45. 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 532/5) Sec. 5. Short title. This Act may be cited as the Western Illinois Economic Development Authority Act. (Source: P.A. 93-874, eff. 8-6-04.)

(70 ILCS 532/50) Sec. 50. 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 532/55) Sec. 55. 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 enterprise zones which may be cr…

(70 ILCS 532/60) Sec. 60. 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 532/65) Sec. 65. 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 532/70) Sec. 70. 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. 93-874, eff. 8-6-04.)

(70 ILCS 532/75) Sec. 75. 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 532/95) Sec. 95. (Amendatory provisions; text omitted). (Source: P.A. 93-874, eff. 8-6-04; text omitted.)

(70 ILCS 532/999) Sec. 999. Effective date. This Act takes effect upon becoming law. (Source: P.A. 93-874, eff. 8-6-04.)

(70 ILCS 535/1) (from Ch. 85, par. 7451) Sec. 1. Short title. This Article may be cited as the Will-Kankakee Regional Development Authority Law. In this Article, "this Act" means this Article. (Source: P.A. 86-1481.)

(70 ILCS 535/10) (from Ch. 85, par. 7460) Sec. 10. 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 535/11) (from Ch. 85, par. 7461) Sec. 11. 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 535/12) (from Ch. 85, par. 7462) Sec. 12. 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. 86-1481.)

(70 ILCS 535/13) (from Ch. 85, par. 7463) Sec. 13. 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 535/14) Sec. 14. 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 535/2) (from Ch. 85, par. 7452) Sec. 2. Findings. The General Assembly hereby determines and declares: (a) That labor surplus areas currently exist in the Will County and Kankakee County area; (b) That the economic burdens resulting from involuntary unemployment fall in …

(70 ILCS 535/3) (from Ch. 85, par. 7453) 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 Will-Kankakee Regio…

(70 ILCS 535/4) (from Ch. 85, par. 7454) Sec. 4. Establishment. (a) There is hereby created a political subdivision, body politic and municipal corporation named the Will-Kankakee Regional Development Authority. The territorial jurisdiction of the Authority is that geographic are…

(70 ILCS 535/5) (from Ch. 85, par. 7455) Sec. 5. 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 Will and Kankakee counties. The Authority sha…

(70 ILCS 535/5.1) 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 535/5.2) 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…