SB1755 EngrossedLRB097 10143 RLJ 50330 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Quad Cities Regional Economic Development
5Authority Act, approved September 22, 1987, is amended by
6changing Section 4 as follows:
 
7    (70 ILCS 510/4)  (from Ch. 85, par. 6204)
8    Sec. 4. (a) There is hereby created a political
9subdivision, body politic and municipal corporation named the
10Quad Cities Regional Economic Development Authority. The
11territorial jurisdiction of the Authority is that geographic
12area within the boundaries of JoDaviess, Carroll, Whiteside,
13Stephenson, Lee, Rock Island, Henry, Knox, and Mercer counties
14in the State of Illinois and any navigable waters and air space
15located therein.
16    (b) The governing and administrative powers of the
17Authority shall be vested in a body consisting of 16 11 members
18including, as an ex officio member, the Director of Commerce
19and Economic Opportunity, or his or her designee. The other 10
20members of the Authority shall be designated "public members",
216 of whom shall be appointed by the Governor with the advice
22and consent of the Senate. Of the 6 members appointed by the
23Governor, one shall be from a city within the Authority's

 

 

SB1755 Engrossed- 2 -LRB097 10143 RLJ 50330 b

1territory with a population of 25,000 or more and the remainder
2shall be appointed at large. Of the 6 members appointed by the
3Governor, 2 members shall have business or finance experience.
4One member shall be appointed by each of the county board
5chairmen of Rock Island, Henry, Knox, and Mercer Counties with
6the advice and consent of the respective county board. Within
760 days after the effective date of this amendatory Act of the
897th General Assembly, one additional public member shall be
9appointed by each of the county board chairpersons of
10JoDaviess, Carroll, Whiteside, Stephenson, and Lee counties
11with the advice and consent of the respective county board. Of
12the public members added by this amendatory Act of the 97th
13General Assembly, one shall serve for a one-year term, 2 shall
14serve for 2-year terms, and 2 shall serve for 3-year terms, to
15be determined by lot. Their successors shall serve for 3-year
16terms. All public members shall reside within the territorial
17jurisdiction of this Act. Nine Six members shall constitute a
18quorum. The public members shall be persons of recognized
19ability and experience in one or more of the following areas:
20economic development, finance, banking, industrial
21development, small business management, real estate
22development, community development, venture finance, organized
23labor or civic, community or neighborhood organization. The
24Chairman of the Authority shall be a public member elected by
25the affirmative vote of not fewer than 6 members of the
26Authority, except that any chairperson elected on or after the

 

 

SB1755 Engrossed- 3 -LRB097 10143 RLJ 50330 b

1effective date of this amendatory Act of the 97th General
2Assembly shall be elected by the affirmative vote of not fewer
3than 9 members. The term of the Chairman shall be one year.
4    (c) The terms of the initial all members of the Authority
5shall begin 30 days after the effective date of this Act,
6except (i) the terms of those members added by this amendatory
7Act of 1989 shall begin 30 days after the effective date of
8this amendatory Act of 1989 and (ii) the terms of those members
9added by this amendatory Act of the 92nd General Assembly shall
10begin 30 days after the effective date of this amendatory Act
11of the 92nd General Assembly. Of the 10 public members
12appointed pursuant to this Act, 2 (one of whom shall be
13appointed by the Governor) shall serve until the third Monday
14in January, 1989, 2 (one of whom shall be appointed by the
15Governor) shall serve until the third Monday in January, 1990,
162 (one of whom shall be appointed by the Governor) shall serve
17until the third Monday in January, 1991, 2 (both of whom shall
18be appointed by the Governor) shall serve until the third
19Monday in January, 1992, and 2 (one of whom shall be appointed
20by the Governor and one of whom shall be appointed by the
21county board chairman of Knox County) shall serve until the
22third Monday in January, 2004. The initial terms of the members
23appointed by the county board chairmen (other than the county
24board chairman of Knox County) shall be determined by lot. All
25successors shall be appointed by the original appointing
26authority and hold office for a term of 3 years commencing the

 

 

SB1755 Engrossed- 4 -LRB097 10143 RLJ 50330 b

1third Monday in January of the year in which their term
2commences, except in case of an appointment to fill a vacancy.
3Vacancies occurring among the public members shall be filled
4for the remainder of the term. In case of vacancy in a
5Governor-appointed membership when the Senate is not in
6session, the Governor may make a temporary appointment until
7the next meeting of the Senate when a person shall be nominated
8to fill such office, and any person so nominated who is
9confirmed by the Senate shall hold office during the remainder
10of the term and until a successor shall be appointed and
11qualified. Members of the Authority shall not be entitled to
12compensation for their services as members but shall be
13entitled to reimbursement for all necessary expenses incurred
14in connection with the performance of their duties as members.
15    (d) The Governor may remove any public member of the
16Authority appointed by the Governor in case of incompetency,
17neglect of duty, or malfeasance in office. The Chairman of a
18county board may remove any public member of the Authority
19appointed by such Chairman in the case of incompetency, neglect
20of duty, or malfeasance in office.
21    (e) The Board shall appoint an Executive Director who shall
22have a background in finance, including familiarity with the
23legal and procedural requirements of issuing bonds, real estate
24or economic development and administration. The Executive
25Director shall hold office at the discretion of the Board. The
26Executive Director shall be the chief administrative and

 

 

SB1755 Engrossed- 5 -LRB097 10143 RLJ 50330 b

1operational officer of the Authority, shall direct and
2supervise its administrative affairs and general management,
3shall perform such other duties as may be prescribed from time
4to time by the members and shall receive compensation fixed by
5the Authority. The Authority may engage the services of such
6other agents and employees, including attorneys, appraisers,
7engineers, accountants, credit analysts and other consultants,
8as it may deem advisable and may prescribe their duties and fix
9their compensation.
10    (f) The Board shall create a task force to study and make
11recommendations to the Board on the economic development of the
12territory within the jurisdiction of this Act. The number of
13members constituting the task force shall be set by the Board
14and may vary from time to time. The Board may set a specific
15date by which the task force is to submit its final report and
16recommendations to the Board.
17(Source: P.A. 94-793, eff. 5-19-06.)
 
18    (70 ILCS 515/Act rep.)
19    Section 10. The Quad Cities Regional Economic Development
20Authority Act, certified December 30, 1987, is repealed.
 
21    Section 99. Effective date. This Act takes effect upon
22becoming law.