110 ILCS 410/ University of Illinois Works Projects Act.

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110 ILCS 410/0.01

(110 ILCS 410/0.01) (from Ch. 144, par. 63m)

Sec. 0.01.

Short title.

This Act may be cited as the

University of Illinois Works Projects Act.

(Source: P.A. 86-1324.)

110 ILCS 410/1

(110 ILCS 410/1) (from Ch. 144, par. 64)

Sec. 1.

The Board of Trustees of the University of Illinois is authorized
to enter into a contract or contracts of any description and to perform the
same, with the United States for the erection of any building or buildings
which, in the judgment of the Board, are actually and reasonably necessary
in order to operate efficiently the University of Illinois in all its
branches, departments and divisions; such contracts for a building or
buildings as aforesaid, are authorized only when entered into in order to
make available to the University of Illinois the benefits and provisions of
H. J. R. 11, 74th Congress, H. J. R. 117, approved April 8, 1935, and
entitled "Joint resolution making appropriations for relief purposes,"
the National Industrial Recovery Act and other Congressional acts intended
to relieve the unemployed and to aid the processes of national recovery.

(Source: Laws 1935, p. 564.)

110 ILCS 410/2

(110 ILCS 410/2) (from Ch. 144, par. 65)

Sec. 2.

No obligation created by the Board of Trustees pursuant to this act
shall ever result in the creation of a debt against the State of Illinois,
but all such obligations, including principal and interest, shall be
payable under any and all contracts which the Board of Trustees of the
University of Illinois may enter into with the United States hereunder,
solely from income derived from sources other than general taxation, such
as receipts from operation, fees and other incidental collections and
receipts, including gifts or bequests.

(Source: Laws 1935, p. 564.)

110 ILCS 410/3

(110 ILCS 410/3) (from Ch. 144, par. 66)

Sec. 3.

In order to effectuate the policies of the National Industrial
Recovery Act and of the Joint Resolution making appropriations for relief
purposes, being H. J. R. 117 of the 74th Congress, First Session,
referred to in Section 1 of this Act, the Board of Trustees of the
University of Illinois is authorized to obtain by grant, loan, or in any
other mode permissible under Federal law, from the United States, or any
department or agency thereof, such money as may be available under any
Federal legislation for the construction and financing of buildings
actually and reasonably necessary for the efficient operation of the
University of Illinois, and to enter into a contract or contracts with the
United States or any department or agency thereof, pledging annually in
payment of such advances or loans a sum not exceeding annually in the
aggregate for all buildings and contracts the sum of $100,000, and for an
amortization period of not to exceed thirty years.

(Source: Laws 1935, p. 564.)

110 ILCS 410/4

(110 ILCS 410/4) (from Ch. 144, par. 67)

Sec. 4.

The Board of Trustees of the University of Illinois is
authorized to execute any instruments or evidences of obligation to
repay, out of the funds and receipts referred to in this Act, which the
United States, or any department or division thereof, may require in
connection with any grant, loan, obligation, or contract, by reason of
the construction of any building or buildings hereunder, pursuant to
this Act and the provisions of any applicable acts or resolutions of
Congress. Any conveyances necessary in order to secure grants, loans or
advances under any Federal law for the purposes of this Act, may be made
by the Board of Trustees, but such conveyances shall be subject to an
agreement on the part of the United States to reconvey to the University
of Illinois, in all cases where such an agreement to reconvey can be
obtained from the United States.

(Source: Laws 1935, p. 564.)