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Sen. A. J. Wilhelmi
Filed: 3/10/2010
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| AMENDMENT TO SENATE BILL 3214
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| AMENDMENT NO. ______. Amend Senate Bill 3214 by replacing |
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| everything after the enacting clause with the following:
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| "Section 5. The Joliet Arsenal Development Authority Act is |
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| amended by changing Sections 15 and 55 as follows:
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| (70 ILCS 508/15) |
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| Sec. 15. Creation of Authority; Board members; officers. |
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| (a) The Joliet Arsenal Development Authority is created as |
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| a political
subdivision, body politic, and municipal |
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| corporation. |
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| (b) The territorial jurisdiction of the Authority shall |
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| extend over all of
the territory, consisting of 3,000 acres, |
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| more or less, that is commonly known
and
described as the |
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| Joliet ammunition plant and arsenal.
The legal description of
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| the territory is (1) approximately 1,900 acres located at the |
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| Arsenal, the
approximate legal description of which includes |
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LRB096 17764 RLJ 38420 a |
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| part of section 30, Jackson
Township, T34N R10E, and sections |
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| or part of sections 24, 25, 26, 35, and 36,
Channahon Township, |
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| T34N R9E, Will County, Illinois, as depicted in the Arsenal
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| Land Use Concept; and (2) approximately 1,100 acres, the |
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| approximate legal
description of which includes part of |
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| sections 16, 17, and 18, Florence
Township, T33N R10E, Will |
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| County, Illinois, as depicted in the Arsenal Land Use
Concept. |
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| (c) The governing and administrative powers of the |
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| Authority shall be vested
in its Board of Directors consisting |
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| of 10 9 members, 4 of whom shall be
appointed by the Governor |
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| from Will County, by and with the advice and consent
of the |
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| Senate,
and 6 5 of whom shall be appointed by the county board |
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| of Will County Executive with the advice and consent of the |
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| Will County Board. All
members appointed to the
Board shall be |
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| residents of Will County, but of the 6 5 members who are |
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| appointed
by the
county board of Will County Executive, with |
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| the advice and consent of the Will County Board, one
shall be a |
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| resident of the City of Joliet, one a resident of the City of
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| Wilmington, one a resident of the Village of Elwood, one a |
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| resident of the
Village of Manhattan, and one a resident of
the |
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| Village of Symerton, and one an at-large resident of Will |
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| County.
Each city council
or village board shall recommend 3 |
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| individuals who are residents of the city or
village to the |
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| Will County Executive board to be
members of the Board of |
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| Directors. The Will County Executive Board shall choose one of
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| the recommended individuals from each city and village and |
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LRB096 17764 RLJ 38420 a |
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| shall submit those names to the Will County Board for approval.
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| All persons appointed as members of the Board shall
have |
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| recognized ability and experience in one or more of the |
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| following areas:
economic development, finance, banking, |
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| industrial development, small business
management, real estate |
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| development, community development, venture finance,
organized |
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| labor, units of local government, or civic, community, or |
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| neighborhood organization. |
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| (d) Within 30 days after the effective date of this |
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| amendatory Act of the 96th General Assembly, the Will County |
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| Executive, with the advice and consent of the Will County |
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| Board, shall appoint the additional member of the board for an |
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| initial term expiring on the third Monday in January, 2013. The |
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| member must be an at-large resident of Will County. The board |
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| members holding office on the effective date of this amendatory |
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| Act of the 96th General Assembly shall continue to hold office |
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| for the remainder of their respective terms. The terms of the 9 |
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| initial appointees to the Authority shall commence
30 days |
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| after the effective date of this Act. Of the 9
members |
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| initially appointed (i) 2 of the gubernatorial appointees and 2 |
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| of the
non-gubernatorial appointees shall be appointed to serve |
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| terms expiring on the
third Monday in January, 1997 and (ii) 2 |
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| of the gubernatorial appointees and 3
of the non-gubernatorial |
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| appointees shall be appointed to serve terms expiring
on the |
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| third Monday in January, 1999. All successors shall be |
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| appointed by the
original appointing authority and hold office |
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| for a term of 4 years commencing
the third Monday in January of |
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| the year in which their term commences, except
in case of an |
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| appointment to fill a vacancy. Vacancies shall be filled for |
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| the
remainder of the term. In case of vacancy in a |
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| Governor-appointed membership
when the Senate is not in |
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| session, the Governor may make a temporary
appointment until |
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| the next meeting of the Senate when a person shall be
nominated |
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| to fill that office, and any person so nominated who is |
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| confirmed by
the Senate shall hold office during the remainder |
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| of the term. Each member
appointed to the Board shall serve |
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| until his or her successor is appointed and
qualified. |
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| (e) The Chairperson of the Board shall be elected by the |
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| Board annually from
among the members who are appointed by the |
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| county board of Will County Executive. |
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| (f) The Governor may remove any member of the Board in case |
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| of incompetency,
neglect of duty, or malfeasance in office. |
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| (g) Members of the Board shall serve without compensation |
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| for their services
as members but may be reimbursed for all |
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| necessary expenses incurred in
connection with the performance |
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| of their duties as members. |
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| (h) The Board may appoint an Executive Director who shall |
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| have a
background in finance, including familiarity with the |
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| legal and
procedural requirements of issuing bonds, real estate |
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| or economic
development, and administration. The Executive |
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| Director shall hold office
at the discretion of the Board. The |
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| Executive Director shall be the chief
administrative and |
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| operational officer of the Authority, shall direct
and |
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| supervise its administrative affairs and general management, |
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| shall perform
such other duties as may be prescribed from time |
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| to time by the Board, and
shall receive compensation fixed by |
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| the Board. The Executive Director
shall attend all meetings of |
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| the Board; however, no action of the
Board or the Authority |
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| shall be invalid on account of the absence of the
Executive
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| Director from a meeting. The Board may engage the services of |
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| such
other agents and employees, including attorneys, |
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| appraisers, engineers,
accountants, credit analysts and other |
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| consultants, and may prescribe their
duties and fix their |
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| compensation. |
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| (i) The Board shall meet on the call of its Chairperson or |
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| upon written
notice of 6 members of the Board. |
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| (Source: P.A. 89-333, eff. 8-17-95.)
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| (70 ILCS 508/55) |
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| Sec. 55. Abolition of Authority. The Authority shall be |
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| abolished upon
the last to occur of the following: (1) |
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| expiration of the 25-year 15-year period that
begins on the |
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| effective date of this Act; or (2) one year
after all revenue |
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| bonds, notes, and other evidences of indebtedness of the
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| Authority
have been fully paid and discharged or otherwise |
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| provided for. Upon the
abolition of the Authority, all of its |
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| rights and property shall pass to and be
vested in the State. |
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| (Source: P.A. 89-333, eff. 8-17-95.)
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