Illinois General Assembly - Illinois Compiled Statutes

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110 ILCS 305/7b

(110 ILCS 305/7b) (from Ch. 144, par. 28b)

Sec. 7b.

The Board of Trustees of the University of Illinois shall have
the power to acquire, own, construct, enlarge, improve, and equip, and to
operate, control and manage, directly or through others, central heating,
steam and other energy generating and processing plants and distribution
facilities to serve University buildings, facilities and activities.  The
Board of Trustees may contract for periods not to exceed 10 years for delivery
of coal, fuel oil and natural gas, with payments to be made from appropriations
for the year in which the coal, fuel oil or natural gas is delivered; provided
that all such contracts for the delivery of fuel shall recite that they are
subject to termination and cancellation in any year for which the General
Assembly fails to make an appropriation to make payments under the terms of
such contract.  To the extent any such plant produces or processes energy in
excess of the University's requirements, the Board of Trustees may at its
discretion sell, transport and deliver to others all or a part of said excess
energy at such fees, rates and charges as the Board of Trustees may determine
from time to time.  No sale or other disposition of energy by the Board of
Trustees pursuant to this Section shall be deemed to constitute the University
of Illinois a public utility, nor shall the University be otherwise deemed a
public utility, that is subject to the Public Utilities Act.

(Source: P.A. 101-81, eff. 7-12-19.)