Full Text of HB4245 95th General Assembly
HB4245 95TH GENERAL ASSEMBLY
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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008 HB4245
Introduced , by Rep. Kurt M. Granberg SYNOPSIS AS INTRODUCED: |
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Amends the Southeastern Illinois
Economic Development Authority
Act. Makes a technical change in a Section concerning the creation of the Southeastern
Illinois Economic Development Authority.
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A BILL FOR
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HB4245 |
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LRB095 15558 HLH 41557 b |
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| AN ACT concerning local government.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Southeastern Illinois
Economic Development | 5 |
| Authority
Act is amended by changing Section 20 as follows: | 6 |
| (70 ILCS 518/20)
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| Sec. 20. Creation.
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| (a) There is created a political subdivision, body politic, | 9 |
| and municipal
corporation named the the Southeastern
Illinois | 10 |
| Economic Development Authority. The territorial jurisdiction | 11 |
| of the
Authority is that geographic
area within the boundaries | 12 |
| of the following counties: Fayette, Cumberland, Clark, | 13 |
| Effingham, Jasper, Crawford, Marion, Clay, Richland, Lawrence, | 14 |
| Jefferson, Wayne, Edwards, Wabash, Hamilton, and White; | 15 |
| Irvington Township in Washington County; and any
navigable | 16 |
| waters and
air space located therein.
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| (b) The governing and administrative powers of the | 18 |
| Authority shall be vested
in a body consisting of 10
members as | 19 |
| follows: | 20 |
| (1) Nine members shall be appointed by the Governor
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| with the advice and
consent of the Senate. | 22 |
| (2) One member shall be appointed by the Director of | 23 |
| Commerce and Economic Opportunity. |
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| All public members shall reside within
the territorial
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| jurisdiction of the Authority.
The public members shall be | 3 |
| persons of recognized ability and experience in one
or more of | 4 |
| the following
areas: economic development, finance, banking, | 5 |
| industrial development, state or
local government, commercial | 6 |
| agriculture, small
business management, real
estate | 7 |
| development, community development, venture finance, organized | 8 |
| labor, or
civic or community
organization.
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| (c) Six members shall constitute a quorum.
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| (d) The chairman of the Authority shall be elected annually | 11 |
| by the Board.
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| (e) The terms of all initial members of the Authority shall | 13 |
| begin 30 days
after the effective date of this
Act. Of the 10 | 14 |
| original members appointed pursuant to subsection (b), one | 15 |
| shall serve until the third Monday in January, 2005; one shall | 16 |
| serve until the third Monday in January, 2006; 2 shall serve | 17 |
| until the third Monday in January, 2007; 2 shall serve until | 18 |
| the third Monday in January, 2008; 2 shall serve until the | 19 |
| third Monday in January, 2009; and 2 shall serve until the | 20 |
| third Monday in January, 2010. All successors to these original | 21 |
| public members shall be appointed by the Governor with the | 22 |
| advice and consent of the Senate, or by the Director of | 23 |
| Commerce and Economic Opportunity, as the case may be, pursuant | 24 |
| to subsection (b), and shall hold office for a term of 3 years | 25 |
| commencing the third Monday in January of the year in which | 26 |
| their term commences, except in the case of an appointment to |
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LRB095 15558 HLH 41557 b |
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| fill a vacancy. Vacancies occurring among the public members | 2 |
| shall be filled for the
remainder of the term. In case of
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| vacancy in a Governor-appointed membership when the Senate is | 4 |
| not in session,
the Governor may make a
temporary appointment | 5 |
| until the next meeting of the Senate when a person shall
be | 6 |
| nominated to fill the
office and, upon confirmation by the | 7 |
| Senate, he or she shall hold office during
the remainder of the | 8 |
| term
and until a successor is appointed and qualified. Members | 9 |
| of the Authority are
not entitled to
compensation for their | 10 |
| services as members but are entitled to reimbursement
for all | 11 |
| necessary expenses
incurred in connection with the performance | 12 |
| of their duties as members.
Members of the Board may | 13 |
| participate in Board meetings by teleconference or video | 14 |
| conference.
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| (f) The Governor may remove any public member of the | 16 |
| Authority appointed by the Governor, and the Director of | 17 |
| Commerce and Economic Opportunity may remove any public member | 18 |
| appointed by the Director, in case of
incompetence, neglect of
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| duty, or malfeasance in office.
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| (g) The Board shall appoint an Executive Director who shall | 21 |
| have a
background in finance, including
familiarity with the | 22 |
| legal and procedural requirements of issuing bonds, real
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| estate, or economic
development and administration. The | 24 |
| Executive Director shall hold office at the
discretion of the | 25 |
| Board.
The Executive Director shall be the chief administrative | 26 |
| and operational
officer of the Authority, shall
direct and |
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| supervise its administrative affairs and general management, | 2 |
| perform
such other duties as may
be prescribed from time to | 3 |
| time by the members, and receive compensation fixed
by the | 4 |
| Authority. The
Executive Director shall attend all meetings of | 5 |
| the Authority. However, no
action of the Authority shall be
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| invalid on account of the absence of the Executive Director | 7 |
| from a meeting. The
Authority may engage
the services of the | 8 |
| Illinois Finance Authority, attorneys, appraisers,
engineers, | 9 |
| accountants, credit
analysts, and other consultants, if the | 10 |
| Southeastern Illinois Economic Development Authority deems it | 11 |
| advisable.
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| (Source: P.A. 93-968, eff. 8-20-04; 94-613, eff. 8-18-05.)
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