(70 ILCS 531/12)
Sec. 12. Additional powers and duties.
(a) The Authority may, but need not, acquire title to any project with
respect
to which it exercises its authority.
(b) The Authority shall have the power to enter into intergovernmental
agreements with the State of Illinois, the United States government and any
agency or
instrumentality of the United States, any unit of local government, or any
other unit
of government to the extent allowed by Article VII, Section 10 of the Illinois
Constitution
and the Intergovernmental Cooperation Act.
(c) The Authority shall have the power to share employees with other units
of government, including agencies of the United States, agencies of the State
of
Illinois, and agencies or personnel of any unit of local government.
(d) The Authority shall have the power to exercise powers and issue bonds as
if it were a municipality so authorized in Divisions 12.1, 74, 74.1, 74.3,
74.4, and 74.5 of Article 11 of the Illinois Municipal Code.
(Source: P.A. 96-234, eff. 1-1-10.) |