110 ILCS 675/20-45

(110 ILCS 675/20-45)

Sec. 20-45. Powers and duties.

The Board also shall have power and
it shall be its duty:

(1) To make rules, regulations and bylaws, not inconsistent with
law, for the government and management of Illinois State University
and its branches;

(2) To employ, and, for good cause, to remove a President of Illinois State
University, and all necessary deans, professors, associate
professors, assistant professors, instructors, other educational and
administrative assistants, and all other necessary employees, and to prescribe
their duties and contract with them upon matters relating to tenure, salaries
and retirement benefits in accordance with
the State Universities Civil Service Act.  Whenever the Board establishes a
search committee to fill the position of President of Illinois State
University, there shall be minority representation, including women, on that
search committee.  The Board shall, upon the written request
of an employee of Illinois State University, withhold from the compensation
of that employee any dues, payments or contributions payable by such employee
to any labor organization as defined in the Illinois Educational Labor
Relations
Act.  Under such arrangement, an amount shall be withheld from each regular
payroll period which is equal to the pro rata share of the annual dues plus
any payments or contributions, and the Board shall transmit such withholdings
to the specified labor organization within 10 working days from the time
of the withholding;

(3) To prescribe the courses of study to be followed, and textbooks
and apparatus to be used at Illinois State University;

(4) To issue upon the recommendation of the faculty, diplomas to such
persons as have satisfactorily completed the required studies of
Illinois State University, and confer such professional and literary
degrees as are usually conferred by other institutions of like character
for similar or equivalent courses of study, or such as the Board may
deem appropriate;

(5) To examine into the conditions, management, and administration of
Illinois State University, to provide the requisite buildings,
apparatus, equipment and auxiliary enterprises, and to fix and collect
matriculation fees; tuition fees; fees for student activities; fees for
student facilities such as student union buildings or field houses or
stadia or other recreational facilities; student welfare fees;
laboratory fees; and similar fees for supplies and materials.
The expense of the building, improving, repairing and supplying fuel and
furniture and the necessary appliances and apparatus for conducting Illinois
State University, the reimbursed expenses of members of the Board, and the
salaries or compensation of the President, assistants, agents and other
employees of Illinois State University, shall be a charge upon the State
Treasury.  All
other expenses shall be chargeable against students, and the Board shall
regulate the charges accordingly;

(6) To succeed to and to administer all trusts, trust property, and
gifts now or hereafter belonging or pertaining to Illinois State
University;

(7) To accept endowments of professorships or departments in Illinois State
University from any person who may proffer them and, at regular
meetings, to prescribe rules and regulations in relation to endowments
and declare on what general principles they may be accepted;

(8) To enter into contracts with the Federal government for providing
courses of instruction and other services at Illinois State
University for persons serving in or with the military or naval forces
of the United States, and to provide such courses of instruction and
other services;

(9) To contract with respect to the Cooperative Computer Center to obtain
services related to electronic data processing;

(10) To provide for the receipt and expenditures of Federal funds
paid to Illinois State University by the Federal government for
instruction and other services for persons serving in or with the
military or naval forces of the United States, and to provide for audits
of such funds;

(11) To appoint, subject to the applicable civil service law, persons
to be members of the Illinois State University Police Department.
Members of the Police Department shall be conservators of the peace and
as such have all powers possessed by policemen in cities, and sheriffs,
including the power to make arrests on view or warrants of violations of
State statutes, University rules and regulations and city or county
ordinances, except that they may exercise such powers only within
counties wherein Illinois State University and any of its branches or
properties are located when such is required for the protection of University
properties and interests, and its students and personnel, and otherwise,
within such counties, when requested by appropriate State
or local law enforcement officials. However, such officers shall have no
power to serve and execute civil processes.

The Board must authorize to each member of the Illinois State University
Police
Department
and to any other employee of Illinois State University exercising the powers
of a peace officer
a distinct badge
that, on its face, (i) clearly states that the badge is authorized by Illinois
State
University and (ii)
contains a unique identifying number.
No other badge shall be authorized by
Illinois State University;

(12) The Board may, directly or in cooperation with other institutions
of higher education, acquire by purchase or lease or otherwise, and construct,
enlarge, improve, equip, complete, operate, control and manage research
and high technology parks, together with the necessary lands, buildings,
facilities, equipment, and personal property therefor,
to encourage and facilitate (i) the location and development of business
and industry in the State of Illinois, and (ii) the increased application
and development of technology, and (iii) the improvement and development of
the State's economy.  The Board may lease to nonprofit corporations
all or any part
of the land, buildings, facilities, equipment or other property included
in a research and high technology park upon such terms and conditions
as the Board may deem advisable and enter into any contract or
agreement with such nonprofit corporations as may be necessary or suitable
for the construction, financing, operation and maintenance and management
of any such park; and may lease to any person, firm, partnership or
corporation, either public or private, any part or all of the land, building,
facilities,
equipment or other property of such park for such purposes and upon such
rentals, terms and conditions as the Board may deem advisable; and
may finance all or part of the cost of any such park, including the purchase,
lease, construction, reconstruction, improvement, remodeling, addition to,
and extension and maintenance of all or part of such high technology park,
and all equipment and furnishings, by legislative appropriations, government
grants, contracts, private gifts, loans, receipts from the operation of
such high technology park, rentals and similar receipts; and may make its
other facilities and services available to tenants or other occupants of
any such park at rates which are reasonable and appropriate;

(13) To assist in the provision of lands, buildings, and facilities that
are supportive of university purposes and suitable and appropriate for the
conduct and operation of the university's education programs, the
Board of Trustees of Illinois State University may exercise the
powers specified in subparagraphs (a), (b), and (c) of this paragraph (13) with
regard to the following described property located near the
Normal, Illinois campus of Illinois State University:

Parcel 1: Approximately 300 acres that form a part of

the Illinois State University Farm in Section 20, Township 24 North, Range 2 East of the Third Principal Meridian in McLean County, Illinois.

Parcels 2 and 3: Lands located in the Northeast Quadrant

of the City of Normal in McLean County, Illinois, one such parcel consisting of approximately 150 acres located north and east of the old Illinois Soldiers and Sailors Children's School campus, and another such parcel, located in the Northeast Quadrant of the old Soldiers and Sailors Children's School Campus, consisting of approximately 1.03.

(a) The Board of Trustees may sell, lease, or

otherwise transfer and convey all or part of the above described parcels of real estate, together with the improvements situated thereon, to a bona fide purchaser for value, without compliance with the State Property Control Act and on such terms as the Board of Trustees shall determine are in the best interests of Illinois State University and consistent with its objects and purposes.

(b) The Board of Trustees may retain the proceeds

from the sale, lease, or other transfer of all or any part of the above described parcels of real estate in the University treasury, in a special, separate development fund account that the Auditor General shall examine to assure the use or deposit of those proceeds in a manner consistent with the provisions of subparagraph (c) of this paragraph (13).

(c) Moneys from the development fund account may be

used by the Board of Trustees of Illinois State University to acquire and develop other land to achieve the same purposes for which the parcels of real estate described in this item (13), all or a part of which have been sold, leased, or otherwise transferred and conveyed, were used and for the purpose of demolition and the processes associated with demolition on the acquired land.  Moneys from the development fund account used for any other purpose must be deposited into and appropriated from the General Revenue Fund. Buildings or facilities leased to an entity or person other than the University shall not be subject to any limitations applicable to a State-supported college or university under any law.  All development on the land and all the use of any buildings or facilities shall be subject to the control and approval of the Board of Trustees of Illinois State University;

(14) To borrow money, as necessary, from time to time in anticipation of receiving tuition, payments from the State of Illinois, or  other revenues or receipts of the University, also known as anticipated moneys.   The borrowing limit shall be capped at 100% of the total amount of payroll and other expense vouchers submitted and payable to the University for fiscal year 2010 expenses, but unpaid by the State Comptroller's office. Prior to borrowing any funds, the University shall request from the Comptroller's office a verification of the borrowing limit and shall include the estimated date on which such borrowing shall occur.  The borrowing limit cap shall be verified by the State Comptroller's office not prior to 45 days before any estimated date for executing any promissory note or  line of credit established under this item (14).  The principal amount borrowed under a promissory note or  line of credit shall not exceed 75% of the borrowing limit.  Within 15 days after borrowing funds under any promissory note or  line of credit established under this item (14), the University shall submit to the Governor's Office of Management and Budget, the Speaker of the House of Representatives, the Minority Leader of the House of Representatives, the President of the Senate,  and the Minority Leader of the Senate an Emergency Short Term Cash Management Plan.  The Emergency Short Term Cash Management Plan shall outline the amount borrowed, the terms for repayment, the amount of outstanding State vouchers as verified by the State Comptroller's office, and the University's plan for expenditure of any borrowed funds, including, but not limited to, a detailed plan to meet payroll obligations to include  collective bargaining employees, civil service employees, and academic, research, and health care personnel.  The establishment of any promissory note or line of credit established under this item (14) must be finalized within 90 days after the effective date of this amendatory  Act of the 96th General Assembly.  The   borrowed moneys shall be applied to the purposes of paying salaries and other expenses lawfully authorized in the University's State appropriation and unpaid by the State Comptroller.  Any line of credit established under this item (14)  shall be paid in full one year after creation or within 10 days after the date  the University receives reimbursement from the State for all submitted fiscal year 2010 vouchers, whichever is earlier.  Any  promissory note established under this item (14)  shall be repaid within one year after issuance of the note.  The Chairman, Comptroller, or Treasurer of the Board shall execute a promissory note or similar debt instrument to evidence the indebtedness incurred by the borrowing. In connection with a borrowing, the Board may establish a line of credit with a financial institution, investment bank, or broker/dealer.
The obligation to make the payments due under any promissory note or line of credit established under this item (14) shall be a lawful obligation of the University payable from the anticipated moneys.  Any borrowing under this item (14) shall not constitute a debt, legal or moral, of the State and shall not be enforceable against the State. The promissory note or line of credit shall be authorized by a resolution passed by the Board and shall be valid whether or not a budgeted item with respect to  that resolution is included in any annual or  supplemental budget adopted by the Board.  The resolution shall set forth facts demonstrating the need for the borrowing, state an amount that the amount to be borrowed will not exceed, and establish a maximum interest rate limit not to exceed the maximum rate authorized by the Bond Authorization Act or 9%, whichever is less. The resolution may direct the Comptroller or Treasurer of the Board to make arrangements to set apart and hold the portion of the anticipated moneys, as received, that shall be used to repay the borrowing, subject to any prior pledges or restrictions with respect to the anticipated moneys.  The resolution may also authorize the Treasurer of the Board to make partial repayments of the borrowing as the anticipated moneys become available and may contain any other terms, restrictions, or limitations not inconsistent with the powers of the Board.

For the purposes of this item (14), "financial institution" means any bank subject to the Illinois Banking Act, any savings and loan association subject to the Illinois Savings and Loan Act of 1985, and any federally chartered commercial bank or savings and loan association or government-sponsored enterprise organized and operated in this State pursuant to the laws of the United States.

(Source: P.A. 96-909, eff. 6-8-10; 97-333, eff. 8-12-11.)