(70 ILCS 507/35)
Intergovernmental Agreements by and with Members.
In order to
implement the intergovernmental agreement or any redevelopment plan, land
development, or project approved by the Commission, members of the Commission
and the Commission shall have the authority to enter into additional
intergovernmental agreements among and between themselves; provided, however,
that no additional intergovernmental agreement shall take effect unless
executed, or otherwise consented to, by all of the members of the Commission.
The agreements may, notwithstanding any statutory limitation or the absence of
any other specific statutory authority, provide for: (i) the joint exercise,
combination, or transfer of any power or function among or between any of the
contracting parties; (ii) the performance, by any one or more of the
contracting parties, of any service, activity, or
undertaking that any of the contracting parties is authorized to perform; and
(iii) the limitation or restriction of the exercise of any power or function,
or the performance of any service, activity, or undertaking, by any of the
contracting parties; provided, however, that no such agreement shall empower
the Commission to exercise directly
either zoning or taxing powers not
expressly authorized by this Act.
(Source: P.A. 89-149, eff. 1-1-96.)