|
|
||||
| Public Act 095-0854 |
||||
| ||||
| ||||
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.
| ||