(110 ILCS 205/9.12)
(from Ch. 144, par. 189.12)
To encourage the coordination of research
and service programs in the several State universities to furnish assistance
to the communities and citizens of this State in meeting special economic
needs arising from the removal or termination of substantial industrial
or commercial operations and the waste of human and economic resources which
often results from such removal.
Such programs may include assistance in identifying opportunities for
the replacement of the lost operations, in determining the economic feasibility
of the various opportunities available, and in the development of new products
or services suitable for production in the particular facility made available
by the relocation.
The Department of Commerce and Economic Opportunity may assist the universities
by providing, with the assistance
of the Board, a system for referring particular economic problems to the
most appropriate research and service program.
(Source: P.A. 94-793, eff. 5-19-06.)