State of Illinois
91st General Assembly
Legislation

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[ Engrossed ][ Senate Amendment 001 ][ Senate Amendment 003 ]

91_SB0575

 
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 1        AN ACT concerning the Chicago Park District.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Park District Code is amended by changing
 5    Section 1-2 as follows:

 6        (70 ILCS 1205/1-2) (from Ch. 105, par. 1-2)
 7        Sec. 1-2. Intent and construction.
 8        (a) It is the intent of this codification that  from  and
 9    after   its  effective  date,  all  existing  park  districts
10    heretofore organized, together with all  districts  hereafter
11    organized  under  this  Code,  shall  have  identical powers,
12    duties and purposes except for those instances where specific
13    powers,  duties  or  forms  of  organization  are   expressly
14    conferred   upon   or  prescribed  for  Submerged  Land  Park
15    Districts, Pleasure Driveway and Park Districts  or  Township
16    Park   Districts,  as  in  this  Code  provided  by  specific
17    designation.
18        (b)  Construction. The provisions of this Code, so far as
19    they are the same or substantially the same as those  of  any
20    prior  statute,  shall be construed as a continuation of such
21    prior provisions and not as a new enactment.
22        (c)  If in any other statute reference is made to an  Act
23    of  the General Assembly or a Section of such an Act which is
24    continued in this Code, such reference shall be held to refer
25    to the Act or Section thereof so continued in this Code.
26        (d)  Nothing set  forth  herein  shall  be  construed  to
27    disturb, alter, amend, or limit, or broaden the powers of the
28    Chicago  Park  District or any other park district heretofore
29    formed under special  charter.  In  addition  to  the  powers
30    specifically enumerated in the Chicago Park District Act, the
31    Chicago  Park  District  shall  also  have  any  specifically
 
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 1    enumerated power contained in the Park District Code but only
 2    to  the  extent  that  the  exercise  of  such  powers is not
 3    contrary to a specifically enumerated power or limitation  in
 4    the Chicago Park District Act.
 5        (e)  Where  reference  in this Code is made to a specific
 6    Article or Section but no Act is specified, the reference  is
 7    to  an  Article or Section of this Code and to all amendments
 8    thereto which may be hereafter enacted.
 9        (f)  Where reference in this Code is made for any purpose
10    to  another  Act,  either  specifically  or  generally,   the
11    reference shall be to that Act and all amendments thereto now
12    in force or which may be hereafter enacted.
13        (g)  The  provisions  of this Code shall be cumulative in
14    effect and if any  provision  is  inconsistent  with  another
15    provision  of  this  Code or with any other Act not expressly
16    repealed by Section One of Article Twelve hereof, it shall be
17    considered as an alternative or additional power and not as a
18    limitation upon any other power granted to  or  possessed  by
19    any park district.
20        (h)  If  any  provision of this Code is held invalid, the
21    invalidity of that provision shall  not  affect  any  of  the
22    other provisions of this Code.
23    (Source: Laws 1951, p. 113.)

24        Section  10.  The Chicago Park District Act is amended by
25    changing Sections 3, 5, 14, and 16a and adding  Sections  15e
26    and 20d as follows:

27        (70 ILCS 1505/3) (from Ch. 105, par. 333.3)
28        Sec.  3.  Commissioners; corporate body. There shall be 7
29    commissioners of the Chicago Park District.  Within  30  days
30    after  the  effective date of this amendatory Act of 1988 the
31    Mayor of the City of Chicago, with the approval of  the  City
32    Council,  shall appoint the 2 additional commissioners of the
 
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 1    Chicago Park District authorized by this  amendatory  Act  of
 2    1988, one to serve a term ending June 30, 1992, and the other
 3    to  serve  a  term ending June 30, 1993, as designated by the
 4    Mayor.  The 5 commissioners holding office on  the  effective
 5    date  of this amendatory Act of 1988 shall continue in office
 6    until his or her term otherwise ends.
 7        Annually in the same manner as the original  appointments
 8    are  made,  a commissioner shall be appointed to succeed each
 9    commissioner whose term then expires to serve for a term of 5
10    years and  until  his  or  her  successor  is  appointed  and
11    qualified.  Vacancies  in the office of commissioner shall be
12    filled by appointment by the mayor with the approval  of  the
13    City Council.
14        Each  commissioner  shall  be a legal voter of and reside
15    within the district and before entering upon  the  duties  of
16    his  or  her  office  shall  take  and  subscribe  an oath to
17    faithfully discharge his or her duties as commissioner.  Each
18    commissioner  shall  be required to post a bond in the sum of
19    $50,000 for the use and benefit of the  district  subject  to
20    the  approval  of  the Circuit Court of Cook County with whom
21    such bond shall be posted.
22        In performing their functions as  commissioners  for  the
23    Chicago  Park  District, the commissioners are subject to the
24    Public Officer Prohibited Activities Act. It shall be a petty
25    offense for any commissioner to  be  directly  or  indirectly
26    pecuniarily  interested  in  any contract or work of any kind
27    whatever connected with said park district, and any  contract
28    in  which  any  commissioners shall be directly or indirectly
29    interested shall be null and void.
30        From the time of the beginning of the term of  the  first
31    commissioners,  the  Chicago Park District shall constitute a
32    body politic and corporate and by such name and style may sue
33    and be sued, contract and be  contracted  with,  acquire  and
34    hold  real  property  necessary  for  corporate purposes, and
 
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 1    adopt a common seal and alter the same at pleasure.
 2    (Source: P.A. 85-1411.)

 3        (70 ILCS 1505/5) (from Ch. 105, par. 333.5)
 4        Sec.  5.  General  superintendent;  Director   of   Human
 5    Resources.  The  commissioners  of  the Chicago Park District
 6    shall appoint a general superintendent.  Such  superintendent
 7    shall  be  chosen  without  regard  to  his  or her political
 8    affiliations  and  upon  the  sole  basis  of  his   or   her
 9    administrative  and  technical  qualifications  to manage the
10    affairs of the district.  He or she shall be a citizen of the
11    United States and a resident of the district.
12        Notwithstanding anything to the contrary in Section 2 of
13    the Park System Civil Service Act "An  Act  relating  to  the
14    civil  service  in  park systems", approved June 10, 1911, as
15    now or hereafter amended, or any other law, the commissioners
16    shall appoint a Director of Human Resources superintendent of
17    employment.  The Director of Human  Resources  superintendent
18    of  employment  shall be a citizen of the United States and a
19    resident of the district.
20    (Source: P.A. 85-1411.)

21        (70 ILCS 1505/14) (from Ch. 105, par. 333.14)
22        Sec. 14. Civil service.  The Park  System  Civil  Service
23    Act  "An  Act relating to the civil service in park systems",
24    approved June 10,  1911,  as  amended,  shall  apply  to  the
25    Chicago  Park  District,  and  upon the coming into effect of
26    this act there shall be appointed but one Director  of  Human
27    Resources  superintendent  of  employment  and  but one civil
28    service board for such district.
29        Every officer and employe in the classified civil service
30    at the time this Act takes effect  shall  be  assigned  to  a
31    position having, so far as possible, duties equivalent to his
32    former  office  or employment, and such officers and employes
 
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 1    shall have the same standing, grade, and privilege which they
 2    respectively had  in  the  districts  from  which  they  were
 3    transferred,  subject,  however, to existing and future civil
 4    service laws. This Section shall not be construed to  require
 5    the   retention  of  more  officers  and  employes  than  are
 6    necessary to the proper performance of the functions  of  the
 7    Chicago  Park  District  and  the  rules of the civil service
 8    board made in  pursuance  of  the  civil  service  law  shall
 9    control  in  the making of layoffs and reinstatements of such
10    officers and employes as are not necessary  to  be  retained.
11    This act shall in no way be construed to affect the operation
12    of  Article 5 or Article 12 of the "Illinois Pension Code" as
13    the same may from time to time be amended, nor to affect  the
14    rights  of  employees  to pensions or annuities nor any taxes
15    authorized to be levied therefor. In the case of employes and
16    policemen of superseded park  districts  not  having  annuity
17    benefit  funds  retained  as  employes  or  policemen  of the
18    Chicago Park District such employes and policemen shall  have
19    the right to enter as new employes and policemen.
20    (Source: Laws 1963, p. 147.)

21        (70 ILCS 1505/15e new)
22        Sec.  l5e.  Sale  or  other  transfer  and  lease of real
23    estate.
24        (a) Any real estate owned or held  by  the  Chicago  Park
25    District   may  be  sold  or  otherwise  transferred  to  any
26    individual or entity, provided that  the  board  shall  first
27    have  determined  the  sale  or  transfer  to  be in the best
28    interests  of  the  district.    Before  the  sale  or  other
29    transfer, a notice of the proposal to sell shall be published
30    once each week for 3 successive weeks in a  daily  or  weekly
31    paper published in the City of Chicago or County of Cook. The
32    first publication may not be less than 30 days before the day
33    provided  in  the notice for the opening of bids for the real
 
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 1    estate. The Chicago Park  District  may  accept  the  highest
 2    responsible bid or any other bid determined to be in the best
 3    interest  of  the Chicago Park District or may reject any and
 4    all bids by an affirmative vote of at least 4  commissioners.
 5    If  only one bid or if no bid is received, then the board may
 6    reject  the  single  bid,  if  any,  and   may   enter   into
 7    negotiations  for  sale or transfer of the real estate to any
 8    person.
 9        (b) In addition to  any  other  power  provided  in  this
10    Section,  the Chicago Park District may lease any property to
11    or from any person, provided that the board shall first  have
12    determined  the  lease  to  be  in  the best interests of the
13    district.  The real estate may  be  leased  to  or  from  any
14    person  for  any consideration acceptable to the Chicago Park
15    District. The lease may not exceed 99 years.

16        (70 ILCS 1505/16a) (from Ch. 105, par. 333.16a)
17        Sec. 16a.  Personnel code.
18        (a)  Notwithstanding the provisions of  the  Park  System
19    Civil  Service  Act   or the provisions of any other law, the
20    board of commissioners by ordinance may establish a personnel
21    code for the Chicago  Park  District  creating  a  system  of
22    personnel   administration  based  on  merit  principles  and
23    scientific methods.
24        (b)  The passage by  the  board  of  commissioners  of  a
25    personnel  code  that  complies  with  the provisions of this
26    Section shall suspend the applicability to the  Chicago  Park
27    District of the Park System Civil Service Act. That Act shall
28    again   become   applicable  to  the  Chicago  Park  District
29    immediately upon the repeal by the board of commissioners  of
30    the  personnel  code or of any provision of that Code that is
31    required by this Section.
32        (c)  Any  personnel  code  passed   by   the   board   of
33    commissioners  under  the  authority  of  this  Section shall
 
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 1    contain provisions necessary to  create  a  personnel  system
 2    based on merit principles and scientific methods and shall at
 3    a minimum contain the following provisions:
 4             (1)  The code shall create the office of Director of
 5        Human   Resources   Superintendent  of  Employment.   The
 6        Director of Human Resources Superintendent of  Employment
 7        shall  be  a  resident  of  the  district  and  shall  be
 8        appointed by the board of commissioners.
 9             (2)  The  code  shall  provide for a personnel board
10        consisting  of  3  members.    Two   members   shall   be
11        commissioners  and  the  third  shall  be the Director of
12        Human  Resources  Superintendent  of  Employment  or  the
13        person  lawfully  acting  in  that  capacity.  Terms  for
14        members shall be prescribed by the personnel  code.   The
15        commissioner  members  of the personnel board shall serve
16        without  compensation  but  shall   be   reimbursed   for
17        necessary travel and other expenses.  The personnel board
18        may  administer oaths, subpoena witnesses, and compel the
19        production of books and papers pertinent to  any  hearing
20        authorized  by  this  Section.   Any  circuit court, upon
21        application by the personnel board or any member  of  the
22        board,  may,  in its discretion, compel the attendance of
23        witnesses, the production of books and  papers,  and  the
24        giving  of  testimony  before  the  board  or its hearing
25        officer in relation to a hearing.  Any person  who  shall
26        refuse  to  comply with a lawfully served order to appear
27        or testify before the  personnel  board  or  its  hearing
28        officer,  or  to produce books and papers relevant to the
29        hearing as commanded in a lawfully served subpoena, shall
30        be guilty of a Class  B  misdemeanor.   Any  person  who,
31        having taken an oath or made affirmation before the board
32        or  its  hearing  officer,  knowingly  swears  or affirms
33        falsely is guilty of perjury and upon conviction shall be
34        punished accordingly.
 
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 1             (3)  The  code  shall  subject  all   positions   of
 2        employment  in  the  Park District to the jurisdiction of
 3        the personnel board, with the  exception  of  offices  or
 4        high-ranking  senior  executive  positions,  confidential
 5        positions,  or  special  program positions that cannot be
 6        subject to career service due  to  program  requirements.
 7        The   board   of   commissioners  shall,  by  resolution,
 8        specifically exempt those offices or positions  from  the
 9        jurisdiction of the personnel board.
10             (4)  The  substantive  provisions  of the code shall
11        provide, at a minimum, for the following:
12                  (A)  With  the  exceptions  listed  below,  all
13             vacancies in positions of employment subject to  the
14             jurisdiction  of the personnel board shall be filled
15             only after providing reasonable public notice of the
16             vacancy and inviting those who  meet  the  published
17             minimum  requirements  for  the  position as further
18             provided in  this  Section  to  apply  for  it.  The
19             district  shall  specify  in the announcement of the
20             vacancy the minimum  requirements  necessary  to  be
21             considered  for  the  position,  as contained in the
22             official position description for the position.  The
23             district shall specify in the  announcement  of  the
24             vacancy  whether competition for the vacancy is open
25             to non-employees of the district, or to employees of
26             the district, or to both. The district may  dispense
27             with  this requirement of public announcement when a
28             vacancy, for reasons promoting the efficiency of the
29             district service,  is  to  be  filled  by  demotion,
30             recall  from  layoff or leave of absence, or lateral
31             transfer of an employee;  or  as  the  result  of  a
32             lawful    order   of   a   court,   arbitrator,   or
33             administrative agency; or as the result  of  a  bona
34             fide  settlement  of a legal claim; or in accordance
 
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 1             with  the  provisions  of  this  Section   governing
 2             emergency   appointments;   or  as  a  result  of  a
 3             reclassification of an employee's job title made  in
 4             accordance with rules prescribed by the district for
 5             correcting misclassifications; or as the result of a
 6             need  to  correct  or avoid violations of any ethics
 7             ordinance of the district.
 8                  (B)  All  vacancies  that  have  been  publicly
 9             announced  in  accordance  with  the  provisions  of
10             subparagraph  (A)  of  this  paragraph   (4)   shall
11             thereafter  be filled by a competitive evaluation of
12             the relative qualifications of those who  apply  for
13             it.  Any  method  of  evaluation shall be reasonably
14             designed  to  select  candidates  on  the  basis  of
15             job-related  criteria.  The  personnel  board  shall
16             prescribe by rule the various methods of  evaluation
17             that  may  be  used.  The public announcement of the
18             vacancy shall specify the method that will  be  used
19             for  the  particular  vacancy. The Director of Human
20             Resources   Superintendent   of   Employment   shall
21             document the process of conducting each  competitive
22             evaluation  for  each  vacancy  in sufficient detail
23             that the personnel board may determine  the  process
24             by  which,  and  the  basis  on  which,  the  person
25             selected to fill the vacancy was selected.
26                  (C)  The  district, where it determines that it
27             is in the interest of the efficiency of the service,
28             may specify reasonable lines of promotion or "career
29             ladder" progressions grouping related positions. The
30             district   may,   in   its   discretion,    restrict
31             competition for a particular vacancy (i) to existing
32             employees  who  seek  promotion to that vacancy from
33             the position class at the next  lower  step  in  the
34             relevant   line   of   promotion  or  career  ladder
 
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 1             progression or (ii) if there is no such lower  step,
 2             to  existing  employees  seeking  promotion  from  a
 3             particular  job  classification  or  classifications
 4             whose duties are reasonably related to the duties of
 5             the   vacancy   being   filled.  No  restriction  of
 6             competition for a vacancy to be filled by  promotion
 7             shall  be  applied  unless  the line of promotion or
 8             similar restriction has first been approved  by  the
 9             personnel board.
10                  (D)  Persons   appointed   to   a  position  of
11             permanent employment shall acquire "career  service"
12             status  following successful completion of a 6-month
13             period of probation.
14                  (E)  The  district  may  prescribe   reasonable
15             rules  that extend appropriate preference in filling
16             vacancies to qualified persons who have been members
17             of the armed forces of the United States in time  of
18             hostilities  with  a foreign country or to qualified
19             persons who, while citizens of  the  United  States,
20             were  members  of  the armed forces of allies of the
21             United States in time of hostilities with a  foreign
22             country.  A  "time  of  hostilities  with  a foreign
23             country" means the period of time from  December  7,
24             1941,  to December 31, 1945, and from June 27, 1950,
25             to December 31, 1976 and  during  any  other  period
26             prescribed  by  the  Board  of Commissioners to take
27             account of periods in which the  armed  forces  were
28             subjected to the risks of hostilities with a foreign
29             country.  To  qualify  for this preference, a person
30             must have served in the armed forces for at least  6
31             months,  been  discharged on the ground of hardship,
32             or been released  from  active  duty  because  of  a
33             service-connected  disability;  the  person must not
34             have received a dishonorable discharge.
 
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 1                  (F)  The   district    may    make    emergency
 2             appointments    without   public   announcement   or
 3             competition where immediate appointment is  required
 4             for  reasons of the security or safety of the public
 5             or   of   the   district's    property.    Emergency
 6             appointments  shall  be  immediately reported to the
 7             personnel board, which may disapprove them and order
 8             them ended. No emergency appointment may  last  more
 9             than  30 days, and no emergency appointment shall be
10             renewed.
11                  (G)  The   district    may    make    temporary
12             appointments  to positions in which it is determined
13             by the personnel board that the continuous  services
14             of  the  employee  will  be  needed for less than 12
15             months.  Appointments  shall  be  made   by   public
16             announcement  and competitive methods as provided in
17             subparagraph (A) of  this  paragraph  (4),  but  the
18             employee  thus  appointed  shall  not acquire career
19             service status during  the  period  of  his  or  her
20             temporary appointment.
21                  (H)  The   district   may   transfer  employees
22             without competitive procedures from a position to  a
23             similar  position  involving similar qualifications,
24             duties, responsibilities, and salary ranges.
25                  (I)  The district may make layoffs by reason of
26             lack of funds or work, abolition of a  position,  or
27             material  change  in  duties  or  organization.  The
28             personnel  code  may  provide  for  reemployment  of
29             employees so laid off, giving consideration in  both
30             layoffs  and  reemployment  to  performance  record,
31             seniority  in service, and impact on achieving equal
32             employment opportunity goals.
33                  (J)  Any employee with  career  service  status
34             shall  be  discharged  or  suspended without pay for
 
                            -12-               LRB9102339PTpk
 1             more than 30 days  only  for  cause  and  only  upon
 2             written charges for the discharge or suspension. The
 3             employee  shall  have  an  opportunity to appeal the
 4             action to the  personnel  board  and  to  receive  a
 5             hearing  before  the  personnel  board  or a hearing
 6             officer appointed by it. The district  may  suspend,
 7             without  pay, the charged employee pending a hearing
 8             and determination of  an  appeal  by  the  personnel
 9             board.   All  final  administrative decisions by the
10             personnel board discharging or suspending, for  more
11             than 30 days, an employee with career service status
12             are   subject   to   judicial   review   under   the
13             Administrative Review Law.
14                  (K)  The  district shall extend, to persons who
15             are working in a position  in  which  they  lawfully
16             acquired  civil  service  status  by virtue of being
17             examined under the Park System  Civil  Service  Act,
18             career  service  status  in  that  position  without
19             further examination.
20                  (L)  In  filling  any  position  subject to the
21             jurisdiction of the personnel board and not exempted
22             under paragraph (3) of subsection (c), the  district
23             shall   take   no   account,  whether  favorably  or
24             unfavorably,   of    any    candidate's    political
25             affiliation,  political  preferences  or  views,  or
26             service  to any political party or organization. The
27             district shall  maintain  procedures  through  which
28             employees   may   complain  of  violations  of  this
29             prohibition  and  through  which   any   established
30             violation may be corrected.
31                  (M)  The district shall provide, by rule of the
32             personnel board, by collective bargaining agreements
33             with    the    appropriate   collective   bargaining
34             representatives, or both, for continued  recognition
 
                            -13-               LRB9102339PTpk
 1             of  any  right  acquired  on or before the effective
 2             date of this amendatory Act of 1991 by  an  employee
 3             of the district to be employed or reemployed, as the
 4             result  of  a  layoff  or a recall, in a position in
 5             which the employee  previously  held  civil  service
 6             status.  Those  previously  acquired  rights  may be
 7             modified by mutual agreement  between  the  district
 8             and    the    appropriate    collective   bargaining
 9             representative.
10                  (N)  The code shall  provide  that  in  filling
11             vacancies,  the  district will follow the provisions
12             of any lawful affirmative action  plan  approved  by
13             the board of commissioners.
14                  (O)  The   code   shall   set   forth  specific
15             standards of employee performance that all  district
16             employees shall be required to follow.
17             (5)  The  code  shall  provide  for the preparation,
18        maintenance, and revision by the  personnel  board  of  a
19        position   classification   plan  for  all  positions  of
20        employment within the district, based  on  similarity  of
21        duties    performed,   responsibilities   assigned,   and
22        conditions of employment, so that the  same  schedule  of
23        pay may be equitably applied to all positions in the same
24        class.   Every  class  of positions shall have a position
25        description approved by the personnel  board,  specifying
26        the  duties expected of the occupant of the position, the
27        minimum   requirements   of   education,   training,   or
28        experience required  for  the  position,  and  any  other
29        information the personnel board by rule may prescribe for
30        inclusion  in  the  position  descriptions.   No position
31        shall be filled, and no salary or other remuneration paid
32        to an occupant of a position, until the position has been
33        incorporated by the personnel  board  into  the  position
34        classification plan.
 
                            -14-               LRB9102339PTpk
 1             (6)  The  code  shall  provide  for the preparation,
 2        maintenance, and revision of a pay plan.   The  pay  plan
 3        shall  be  approved,  and  all  revisions  to it shall be
 4        approved, by the board of commissioners.   The  pay  plan
 5        shall  assign  rates  of  pay to each position within the
 6        approved position classification plan  of  the  district.
 7        No  salary for any position of employment in the district
 8        shall be paid unless and until  that  position  has  been
 9        lawfully  included  in  the  pay  plan.   Nothing in this
10        Section shall relieve the district from the obligation to
11        bargain over rates of pay under the Illinois Public Labor
12        Relations Act or any other  statute  that  regulates  the
13        labor relations of the district.
14             (7)  The  code  shall  provide that no disbursing or
15        auditing officer of the district shall  make  or  approve
16        any  payment for personal service to any person holding a
17        position in  the  service  of  the  district  unless  the
18        payroll  voucher  or  account  of  the  payment bears the
19        certification  of  the  Director   of   Human   Resources
20        Superintendent  of  Employment  that  each  person  named
21        therein  has  been  appointed  and employed in accordance
22        with  the  provisions  of  the  personnel  code  and  the
23        provisions of this Section.  The certification  shall  be
24        based either upon verification of the individual items in
25        each  payroll  period  or  upon  procedures developed for
26        avoiding unnecessary repetitive verification  when  other
27        evidence  of compliance with applicable laws and rules is
28        available. The procedures may  be  based  either  upon  a
29        continuation   of   payroll   preparation  by  individual
30        departments  or  upon  the  use  of  a  central   payroll
31        preparation   unit.   The  Director  of  Human  Resources
32        Superintendent of Employment shall furnish the  personnel
33        board with a copy of each payroll as certified.
34    (Source: P.A. 87-354; 87-895.)
 
                            -15-               LRB9102339PTpk
 1        (70 ILCS 1505/20d new)
 2        Sec. 20d.  Recreational facility revenue bonds.
 3        (a) The Chicago Park District may borrow money by issuing
 4    bonds  in  anticipation of revenue from any revenue producing
 5    recreational  facilities,  including  swimming  pools,  water
 6    parks, skating rinks, golf courses, fields or  field  houses,
 7    tennis  or  other  racquet  or  handball  courts,  or similar
 8    facilities, or from fees for specified  programs  located  at
 9    the  recreational facilities. The bonds must be authorized by
10    ordinance and issued upon the terms and conditions  permitted
11    generally  under  Section  10  of  the  Local Government Debt
12    Reform Act and bear interest at rates not to exceed the rates
13    stated in the Bond Authorization  Act  at  the  time  of  the
14    making  of  the  contract.  A holder of any bond issued under
15    this Section does not have the right to compel  any  exercise
16    of  taxing power of the Chicago Park District to pay the bond
17    or interest on the bond. Each bond issued under this  Section
18    is payable from the revenue derived from the operation of the
19    designated recreational facilities or programs. The bonds may
20    not  in  any  event  constitute  a  debt  of the Chicago Park
21    District within any statutory or constitutional  limitations,
22    and  this  limitation  must  be plainly stated on the face of
23    each bond.
24        (b) Bonds may be issued  under  the  provisions  of  this
25    Section  for  the  purpose  of  improvements for recreational
26    facilities for the use and benefit of the  public,  including
27    acquiring,  constructing,  extending,  enlarging,  improving,
28    landscaping,  and  equipping the recreational facilities. The
29    ordinances by which the bonds are issued  must  set  out  the
30    estimated  cost  of the improvements and must fix the maximum
31    amount of bonds proposed to be issued for  the  improvements.
32    This  amount  may  not  exceed  the  estimated  cost  of  the
33    improvements, including related engineering, legal, and other
34    expenses,  together  with  interest  cost to a date 12 months
 
                            -16-               LRB9102339PTpk
 1    after the estimated  date  of  completion,  and  a  fund  for
 2    working  capital  not  to  exceed  5% of the aggregate amount
 3    authorized. Bonds may also be issued to refund or to  advance
 4    refund  bonds previously issued under this Section and to pay
 5    related legal and other expenses of the refunding.
 6        (c)  When  bonds  are  issued  under  this  Section,  the
 7    revenues  received  from  the  operation  of  the  designated
 8    recreational facilities or programs must be deposited into  a
 9    separate  fund  that must be used in paying the required bond
10    and operation costs, including the principal of and  interest
11    and  premium  on  the  designated  bonds and reserves for the
12    bonds  and  the   cost   of   maintenance,   operation,   and
13    depreciation of the respective recreational facilities in the
14    order  of  priority  as  shall  be provided by the respective
15    ordinances authorizing  the  bonds;  provided  that  priority
16    accorded   by  the  ordinances  may  not  be  impaired  by  a
17    subsequent ordinance authorizing bonds unless specifically so
18    permitted by covenant. The revenue in excess of the  required
19    bond  and  operation costs may be limited by covenant to uses
20    as may be specified in the  ordinances  by  which  bonds  are
21    authorized,  but  if not so limited, may be available for any
22    corporate purpose.
23        (d)  The  State,  counties,  municipalities,  and   other
24    municipal  corporations,  political  subdivisions, and public
25    bodies, and public officers  of  any  of  those  governmental
26    entities;  banks, bankers, trust companies, savings banks and
27    institutions, building and  loan  associations,  savings  and
28    loan  associations,  investment  companies, and other persons
29    carrying  on  a  banking   business;   insurance   companies,
30    insurance  associations,  and  other  persons  carrying on an
31    insurance business; and executors, administrators, guardians,
32    trustees,  and  other  fiduciaries  may  legally  invest  any
33    sinking funds, moneys, or other funds belonging  to  them  or
34    within their control in any bonds, including refunding bonds,
 
                            -17-               LRB9102339PTpk
 1    issued  under  this  Section,  it  being  the purpose of this
 2    Section to authorize the  investment  in  the  bonds  of  all
 3    sinking,  insurance,  retirement,  compensation, pension, and
 4    trust funds, whether owned or controlled by private or public
 5    persons or officers; provided that nothing contained in  this
 6    Section  may  be  construed as relieving any person, firm, or
 7    corporation from any duty of exercising  reasonable  care  in
 8    selecting securities for the purpose of investment.

 9        Section  99.  Effective date.  This Act takes effect upon
10    becoming law.

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