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91_SB0286ham003 LRB9103071PTpkam 1 AMENDMENT TO SENATE BILL 286 2 AMENDMENT NO. . Amend Senate Bill 286, AS AMENDED, 3 in Section 5, in the introductory clause, by replacing 4 "Sections 3.4" with "Sections 2.7, 3.4,"; and 5 in Section 5, by inserting above Sec. 3.4 the following: 6 "(70 ILCS 5/2.7) (from Ch. 15 1/2, par. 68.2g) 7 Sec. 2.7. Metropolitan Airport Authority. 8 (a) Upon the effective date of this amendatory Act of 9 1986, in any county with a population between 600,000 and 10 3,000,000 and contiguous to a county with a population in 11 excess of 1,000,000 inhabitants, a Metropolitan Airport 12 Authority is hereby established, the territory of which shall 13 include all of the territory within the corporate limits of 14 the county and the territory of any pre-existing authority 15 located partly within and partly outside the county, except 16 the territory of any municipality whose territory lies both 17 inside and outside the county with the majority of the 18 territory lying outside the county. Upon that date, the 19 Metropolitan Airport Authority shall be deemed an organized 20 Airport Authority under this Act. Within 30 days after the 21 initial appointments have been made under Section 3.4, the 22 Authority board shall notify the office of the Secretary of -2- LRB9103071PTpkam 1 State of the establishment of the Metropolitan Airport 2 Authority by this amendatory Act of 1986, who shall thereupon 3 issue a certificate of incorporation to the Authority. 4 (b) If all of the airport facilities of an existing 5 Airport Authority are situated within the corporate limits of 6 a county in which a Metropolitan Airport Authority is 7 established, the existing Airport Authority shall be 8 dissolved upon the establishment of the Metropolitan Airport 9 Authority. In such event the rights to all property and all 10 assets and liabilities, including bonded indebtedness, of the 11 existing Airport Authority shall be assumed by the 12 Metropolitan Airport Authority. 13 (c) (Blank).The Illinois Department of Transportation14shall conduct or cause to be conducted an annual program15audit of the Metropolitan Airport Authority for each fiscal16year of the Authority, beginning with 1993. The audits shall17be conducted in accordance with generally accepted18governmental auditing standards and shall include an19examination of supporting books and records and a20representative sample of vouchers for distributions and21expenditures. An audit report shall be prepared for each22audit conducted pursuant to this Section, and a copy shall be23kept on file at the Illinois Department of Transportation and24furnished to the Metropolitan Airport Authority. All audit25reports shall be made available to the public by the Illinois26Department of Transportation and the Metropolitan Airport27Authority upon request.28Within 90 days after an audit required under this29subsection has been completed, the Metropolitan Airport30Authority shall reimburse the Illinois Department of31Transportation for all costs incurred by the Department32arising out of the conduct of the audit. Costs incurred by33the Illinois Department of Transportation may be paid from34any moneys available to the Department for that purpose; the-3- LRB9103071PTpkam 1reimbursement received from the Metropolitan Airport2Authority for those costs shall be deposited into the fund or3funds from which the costs were paid by the Department.4 (Source: P.A. 87-768; 88-504.)".