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91_SB0286ham004 LRB9103071JMmbam01 1 AMENDMENT TO SENATE BILL 286 2 AMENDMENT NO. . Amend Senate Bill 286, AS AMENDED, 3 by replacing the title with the following: 4 "AN ACT to amend the Airport Authorities Act."; and 5 by replacing everything after the enacting clause with the 6 following: 7 "Section 5. The Airport Authorities Act is amended by 8 changing Section 2.7 as follows: 9 (70 ILCS 5/2.7) (from Ch. 15 1/2, par. 68.2g) 10 Sec. 2.7. Metropolitan Airport Authority. 11 (a) Upon the effective date of this amendatory Act of 12 1986, in any county with a population between 600,000 and 13 3,000,000 and contiguous to a county with a population in 14 excess of 1,000,000 inhabitants, a Metropolitan Airport 15 Authority is hereby established, the territory of which shall 16 include all of the territory within the corporate limits of 17 the county and the territory of any pre-existing authority 18 located partly within and partly outside the county, except 19 the territory of any municipality whose territory lies both 20 inside and outside the county with the majority of the 21 territory lying outside the county. Upon that date, the -2- LRB9103071JMmbam01 1 Metropolitan Airport Authority shall be deemed an organized 2 Airport Authority under this Act. Within 30 days after the 3 initial appointments have been made under Section 3.4, the 4 Authority board shall notify the office of the Secretary of 5 State of the establishment of the Metropolitan Airport 6 Authority by this amendatory Act of 1986, who shall thereupon 7 issue a certificate of incorporation to the Authority. 8 (b) If all of the airport facilities of an existing 9 Airport Authority are situated within the corporate limits of 10 a county in which a Metropolitan Airport Authority is 11 established, the existing Airport Authority shall be 12 dissolved upon the establishment of the Metropolitan Airport 13 Authority. In such event the rights to all property and all 14 assets and liabilities, including bonded indebtedness, of the 15 existing Airport Authority shall be assumed by the 16 Metropolitan Airport Authority. 17 (c) (Blank).The Illinois Department of Transportation18shall conduct or cause to be conducted an annual program19audit of the Metropolitan Airport Authority for each fiscal20year of the Authority, beginning with 1993. The audits shall21be conducted in accordance with generally accepted22governmental auditing standards and shall include an23examination of supporting books and records and a24representative sample of vouchers for distributions and25expenditures. An audit report shall be prepared for each26audit conducted pursuant to this Section, and a copy shall be27kept on file at the Illinois Department of Transportation and28furnished to the Metropolitan Airport Authority. All audit29reports shall be made available to the public by the Illinois30Department of Transportation and the Metropolitan Airport31Authority upon request.32Within 90 days after an audit required under this33subsection has been completed, the Metropolitan Airport34Authority shall reimburse the Illinois Department of-3- LRB9103071JMmbam01 1Transportation for all costs incurred by the Department2arising out of the conduct of the audit. Costs incurred by3the Illinois Department of Transportation may be paid from4any moneys available to the Department for that purpose; the5reimbursement received from the Metropolitan Airport6Authority for those costs shall be deposited into the fund or7funds from which the costs were paid by the Department.8 (Source: P.A. 87-768; 88-504.)".