|
Hospital, all receipts of the Wood River Township Hospital, |
the inventory of all real and personal property owned by |
the Wood River Township Hospital or under its control or |
management, and any debts owed by the Wood River Township |
Hospital. The chairman may, at his or her discretion, |
undertake any other audit of the Wood River Township |
Hospital. The person or entity conducting such audit shall |
report the findings of the audit to the hospital board |
within 30 days. |
(2) Following the return of the audit provided in |
paragraph (1) of this subsection, the hospital board shall: |
(i) Pay the debts, obligations, and liabilities of |
the Wood River Township Hospital that are outstanding |
upon completion of the audit in paragraph (1) of this |
subsection and all necessary expenses of closing up the |
affairs of the Wood River Township Hospital. |
(ii) Enter into an agreement with a hospital within |
Madison County to ensure all patient records are |
properly transferred. If no hospital in Madison County |
is able or willing to accept the records, the records |
may be transferred to a hospital within a neighboring |
county contiguous to Madison County. The Wood River |
Township Hospital will be responsible for paying a |
reasonable service fee to the hospital that accepts and |
retains records pursuant to this subsection. Following |
successful transfer of the patient records, the |
|
receiving hospital shall retain and destroy the |
transferred patient records in accordance with the |
receiving hospital's record retention schedule and |
policies. |
(iii) Sell the property of the Wood River Township |
Hospital if any excess remains after all the |
liabilities of the Wood River Township Hospital are |
paid. |
(c) Transfer of surplus funds. If any funds are available, |
the hospital board shall transfer, no later than 10 business |
days prior to the conclusion of the 180-day period provided in |
subsection (a) of this Section, all surplus funds, if any, to |
the Madison County Treasurer to be maintained in the Wood River |
Township Hospital Fund and be disposed of pursuant to |
subsection (d) of this Section. |
If any liabilities remain, the funds available shall be set |
apart by the Madison County Treasurer and held for the purpose |
of retiring such liabilities. |
(d) Payment of remaining liabilities and disposal of |
surplus funds. The Madison County Clerk shall pay any remaining |
liabilities of the Wood River Township Hospital from the Wood |
River Township Hospital Fund. After all the liabilities of the |
Wood River Township Hospital are paid, the Madison County Clerk |
shall distribute any funds remaining in the Wood River Township |
Hospital Fund to the property owners in Wood River Township as |
of the date of dissolution of Wood River Township Hospital. The |
|
distribution shall be proportional to the assessed value of the |
property in the 2005 levy year. |
(e) Outstanding indebtedness. |
(1) In the event that the Wood River Township Hospital |
has notes outstanding which are a lien on funds available |
in the Wood River Township Hospital Fund at the time of |
dissolution, such lien shall be unimpaired by such |
dissolution and the lien shall continue in favor of the |
note holders. |
(2) In the event that the Wood River Township Hospital |
has unsecured debts outstanding at the time of dissolution, |
any funds in the Wood River Township Hospital Fund or |
otherwise available and not committed shall, to the extent |
necessary, be applied to the payment of such debts. |
(3) Madison County may levy a tax, on behalf of the |
Wood River Township Hospital, upon all taxable real |
property located in Wood River Township for the purpose of |
paying the outstanding debts and obligations of the Wood |
River Township Hospital. |
(f) Tax collection and enforcement. The dissolution of the |
Wood River Township Hospital shall not adversely affect |
proceedings for the collection or enforcement of any tax. Those |
proceedings shall continue to finality as though no dissolution |
had taken place. The proceeds thereof shall be paid over to the |
Madison County Treasurer to be transferred pursuant to |
subsection (c) of this Section. Proceedings to collect and |
|
enforce such taxes may be instituted and carried on in the name |
of the Wood River Township Hospital. |
(g) Litigation. All suits pending in any court on behalf of |
or against the Wood River Township Hospital may be prosecuted |
or defended in the name of Madison County by the State's |
attorney. All judgments obtained for the Wood River Township |
Hospital shall be collected and enforced by Madison County and |
transferred and disposed of pursuant to subsections (c) and (d) |
of this Section respectively.
|
Section 99. Effective date. This Act takes effect upon |
becoming law. |