Public Act 100-0177
 
HB3396 EnrolledLRB100 09031 AWJ 19179 b


  
    AN ACT concerning local government.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  


 
    Section 5. The Illinois Municipal Code is amended  by 
changing Section 11-119.1-3 as follows:
 



    (65 ILCS 5/11-119.1-3)  (from Ch. 24, par. 11-119.1-3)



    Sec. 11-119.1-3. 
The following terms whenever used or 
referred to in
this Division, shall have the following meanings 
unless the context requires otherwise:

        (1) "Agency agreement" means the written agreement 
    between 2 or more municipalities
establishing a municipal 
    power agency.

        (2) "Bonds" means revenue bonds, notes and other 
    evidences of obligations
of a municipal power agency issued 
    under the provisions of this Division.

        (3) "Eligible utility" means a public agency or other 
    entity of any type,
including an electric cooperative as 
    defined in Section 3.4 of the Electric
Supplier Act, which 
    (i) owns, operates or controls any plant or equipment for

    the generation,
transmission or distribution of electric 
    power and energy in connection
with the furnishing thereof 
    for sale or resale or (ii) is an independent system 
    operator within the electrical power system, a regional 
    transmission organization within the electrical power 
    system, or an entity that participates as a buyer or seller 
    in an organized independent system operator market or 
    regional transmission organization market.

        (4) "Governing body" means, with respect to a 
    municipality, the council,
city council, board of 
    trustees, or other corporate authority of the municipality

    which exercises the general governmental powers of such 
    municipality.

        (5) "Municipal power agency" means a body politic and 
    corporate, municipal
corporation and unit of local 
    government of the State of Illinois organized
in accordance 
    with the provisions of this Division.

        (6) "Municipality" means a city, village or 
    incorporated town in the State
of Illinois owning or 
    operating an electric utility which furnishes retail

    electric service to the public.

        (7) "Project" means any plant, works, system, 
    facility, and real and personal
property of any nature 
    whatsoever, together with all parts thereof and 
    appurtenances
thereto, used or useful in the generation, 
    production, distribution, transmission,
purchase, sale, 
    exchange or interchange of electrical energy and in the

    acquisition, extraction, conversion, transportation, 
    storage
or reprocessing of fuel of any kind for any such 
    purposes, or any interest
in, or right to the use, 
    services, output or capacity, of any such plant,
works, 
    system or facilities.

        (8) "Public agency" means any municipality, political 
    subdivision, municipal
corporation, unit of local 
    government, governmental unit, or public corporation

    operated by or pursuant to the laws of the State of 
    Illinois, of another
state or of the United States, and any 
    state, the United States, and any
commission, board, bureau 
    or other body declared by the laws of any state
or the 
    United States to be a department, agency, or 
    instrumentality thereof.

(Source: P.A. 83-997.)