97TH GENERAL ASSEMBLY
State of Illinois
SB2422
Introduced 2/23/2011, by Sen. John M. Sullivan - Heather A. Steans
SYNOPSIS AS INTRODUCED:
Makes appropriations for the ordinary and contingent expenses of the Southwestern Illinois Development Authority for the fiscal year beginning July 1, 2011, as follows:
General Funds $2,106,959
OMB097 00102 SAR 40102 b
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AN ACT concerning appropriations.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
ARTICLE 1
Section 5. The sum of $291,922, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Waste Recovery-Illinois and related trustee and legal expenses.
Section 10. The sum of $700,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Alton Center Business Park.
Section 15. The sum of $1,115,037, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Southwestern Illinois Development Authority for replenishment of a draw on the debt service reserve fund backing bonds issued on behalf of Laclede Steel-Illinois.
Section 99. Effective date. This Act takes effect July 1, 2011.