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90_HB2869 50 ILCS 20/10 from Ch. 85, par. 1040 Amends the Public Building Commission Act. Requires that a public building commission's annual audit be presented to the governing body or bodies whose resolutions organized the commission. Authorizes the governing bodies to order an audit at commission expense if one is not presented. Effective immediately. LRB9010790JMdv LRB9010790JMdv 1 AN ACT to amend the Public Building Commission Act by 2 changing Section 10. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Public Building Commission Act is amended 6 by changing Section 10 as follows: 7 (50 ILCS 20/10) (from Ch. 85, par. 1040) 8 Sec. 10. A Public Building Commission shall provide for 9 the proper safekeeping of its records, subject to the 10 provisions of "The Local Records Act", enacted by the 11 Seventy-second General Assembly, and shall keep a minute book 12 for the recording of the corporate action of the Board of 13 Commissioners. A complete record of the meetings and 14 proceedings of the Board of Commissioners shall be kept in 15 such minute book and such minutes shall be signed by the 16 Secretary of the Public Building Commission. The Commission 17 shall keep a true and accurate account of its receipts and 18 disbursements and an annual audit shall be made of its books, 19 records and accounts. The audit shall be presented annually 20 for review to each governing body under whose resolution the 21 Commission is organized. If an audit is not presented on an 22 annual basis, any or all governing bodies under whose 23 resolutions the Commission is organized may order their own 24 audit of the Commission's books, records, and accounts. The 25 Commission shall cooperate by providing all requested 26 documentation. When an audit is conducted at the direction 27 of a governing body, no more than one audit shall be 28 conducted for all governing bodies under whose resolutions 29 the Commission is organized and the audit shall be paid for 30 from Commission funds. All officers and employees authorized 31 to receive or retain the custody of money or to sign -2- LRB9010790JMdv 1 vouchers, checks, warrants, or evidences of indebtedness on 2 behalf of the Commission, shall furnish surety bond for the 3 faithful performance of their duties and the faithful 4 accounting of all monies that may come into their hands, in 5 an amount to be fixed and in a form to be approved by the 6 Board of Commissioners. 7 (Source: Laws 1961, p. 3487.) 8 Section 99. Effective date. This Act takes effect upon 9 becoming law.