Illinois General Assembly - Illinois Compiled Statutes

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70 ILCS 510/14

(70 ILCS 510/14) (from Ch. 85, par. 6214)

Sec. 14. Additional powers and duties.

(a) The Authority may, but
need not, acquire title to any project with respect to which it exercises its
authority.

(b) The Authority shall have the power to enter into intergovernmental
agreements with the State of Illinois, the counties of Jo Daviess, Carroll, Whiteside, Stephenson, Lee, Knox, Winnebago, Boone, Rock Island, Henry,
or Mercer, the State of Iowa or any authority established by the
State of Iowa, the Illinois Finance Authority, the Illinois
Housing Development Authority,
the United States government and any agency or instrumentality of the
United States, any unit of local government located within the territory of
the Authority or any other unit of government to the extent allowed by
Article VII, Section 10 of the Illinois Constitution and the
Intergovernmental Cooperation Act.

(c) The Authority shall have the power to share employees with other
units of government, including agencies of the United States, agencies of
the State of Illinois and agencies or personnel of any unit of local
government.

(d) The Authority shall have the power to exercise powers and issue
bonds as if it were a municipality so authorized in Divisions 12.1, 74,
74.1, 74.3 and 74.5 of Article 11 of the Illinois Municipal Code.

(Source: P.A. 103-517, eff. 8-11-23.)