Illinois General Assembly - Full Text of Public Act 095-0854
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Public Act 095-0854


 

Public Act 0854 95TH GENERAL ASSEMBLY



 


 
Public Act 095-0854
 
HB4147 Enrolled LRB095 13741 HLH 39467 b

    AN ACT concerning local government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Eastern Illinois Economic Development
Authority Act is amended by changing Sections 15 and 20 as
follows:
 
    (70 ILCS 506/15)
    Sec. 15. Creation.
    (a) There is created a political subdivision, body politic,
and municipal corporation named the Eastern Illinois Economic
Development Authority. The territorial jurisdiction of the
Authority is that geographic area within the boundaries of the
following counties: Ford, Iroquois, Piatt, Champaign,
Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar and any
navigable waters and air space located therein.
    (b) The governing and administrative powers of the
Authority shall be vested in a body consisting of 14 members as
follows:
        (1) Ex officio members. The Director of Commerce and
    Economic Opportunity, or a designee of that Department,
    shall serve as an ex officio member.
        (2) Public members. Three members shall be appointed by
    the Governor with the advice and consent of the Senate. The
    county board chairperson of the following counties shall
    each appoint one member: Ford, Iroquois, Piatt, Champaign,
    Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar.
    All public members shall reside within the territorial
    jurisdiction of the Authority. The public members shall be
    persons of recognized ability and experience in one or more
    of the following areas: economic development, finance,
    banking, industrial development, state or local
    government, commercial agriculture, small business
    management, real estate development, community
    development, venture finance, organized labor, or civic or
    community organization.
    (c) A majority of the members appointed under item (2) of
subsection (b) of this Section 8 members shall constitute a
quorum.
    (d) The chairperson of the Authority shall be elected
annually by the Board and must be a public member that resides
within the territorial jurisdiction of the Authority.
    (e) The terms of all initial members of the Authority shall
begin 30 days after the effective date of this Act. Of the 3
original public members appointed by the Governor, 1 shall
serve until the third Monday in January, 2006; 1 shall serve
until the third Monday in January, 2007; 1 shall serve until
the third Monday in January, 2008. The initial terms of the
original public members appointed by the county board
chairpersons shall be determined by lot, according to the
following schedule: (i) 2 shall serve until the third Monday in
January, 2006, (ii) 2 shall serve until the third Monday in
January, 2007, (iii) 2 shall serve until the third Monday in
January, 2008, (iv) 2 shall serve until the third Monday in
January, 2009, and (v) 2 shall serve until the third Monday in
January, 2010. All successors to these original public members
shall be appointed by the original appointing authority and all
appointments made by the Governor shall be made with the advice
and consent of the Senate, pursuant to subsection (b), and
shall hold office for a term of 6 years commencing the third
Monday in January of the year in which their term commences,
except in the case of an appointment to fill a vacancy.
Vacancies occurring among the public members shall be filled
for the remainder of the term. In case of vacancy in a
Governor-appointed membership when the Senate is not in
session, the Governor may make a temporary appointment until
the next meeting of the Senate when a person shall be nominated
to fill the office and, upon confirmation by the Senate, he or
she shall hold office during the remainder of the term and
until a successor is appointed and qualified. Members of the
Authority are not entitled to compensation for their services
as members but are entitled to reimbursement for all necessary
expenses incurred in connection with the performance of their
duties as members.
    (f) The Governor or a county board chairperson, as the case
may be, may remove any public member of the Authority in case
of incompetence, neglect of duty, or malfeasance in office. The
chairperson of a county board may remove any public member
appointed by that chairperson in the case of incompetence,
neglect of duty, or malfeasance in office.
    (g) The Board shall appoint an Executive Director who shall
have a background in finance, including familiarity with the
legal and procedural requirements of issuing bonds, real
estate, or economic development and administration. The
Executive Director shall hold office at the discretion of the
Board. The Executive Director shall be the chief administrative
and operational officer of the Authority, shall direct and
supervise its administrative affairs and general management,
perform such other duties as may be prescribed from time to
time by the members, and receive compensation fixed by the
Authority. The Department of Commerce and Economic Opportunity
shall pay the compensation of the Executive Director from
appropriations received for that purpose. The Executive
Director shall attend all meetings of the Authority. However,
no action of the Authority shall be invalid on account of the
absence of the Executive Director from a meeting. The Authority
may engage the services of the Illinois Finance Authority,
attorneys, appraisers, engineers, accountants, credit
analysts, and other consultants if the Eastern Illinois
Economic Development Authority deems it advisable.
(Source: P.A. 94-203, eff. 7-13-05.)
 
    (70 ILCS 506/20)
    Sec. 20. Duty. All official acts of the Authority shall
require the approval of at least 8 11 members. It shall be the
duty of the Authority to promote development within the
geographic confines of Ford, Iroquois, Piatt, Champaign,
Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar
counties. The Authority shall use the powers conferred upon it
to assist in the development, construction, and acquisition of
industrial, commercial, housing, or residential projects
within its territorial jurisdiction.
(Source: P.A. 94-203, eff. 7-13-05.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 8/18/2008