State of Illinois
91st General Assembly
Legislation

   [ Search ]   [ Legislation ]
[ Home ]   [ Back ]   [ Bottom ]

91_SB0286enr

 
SB286 Enrolled                                 LRB9103071MWdv

 1        AN ACT to amend the Airport Authorities Act.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Airport Authorities  Act  is  amended  by
 5    changing Section 2.7 as follows:

 6        (70 ILCS 5/2.7) (from Ch. 15 1/2, par. 68.2g)
 7        Sec. 2.7. Metropolitan Airport Authority.
 8        (a)  Upon  the  effective  date of this amendatory Act of
 9    1986, in any county with a  population  between  600,000  and
10    3,000,000  and  contiguous  to  a county with a population in
11    excess  of  1,000,000  inhabitants,  a  Metropolitan  Airport
12    Authority is hereby established, the territory of which shall
13    include all of the territory within the corporate  limits  of
14    the  county  and  the territory of any pre-existing authority
15    located partly within and partly outside the  county,  except
16    the  territory  of any municipality whose territory lies both
17    inside and outside  the  county  with  the  majority  of  the
18    territory  lying  outside  the  county.   Upon that date, the
19    Metropolitan Airport Authority shall be deemed  an  organized
20    Airport  Authority  under this Act.  Within 30 days after the
21    initial appointments have been made under  Section  3.4,  the
22    Authority  board  shall notify the office of the Secretary of
23    State  of  the  establishment  of  the  Metropolitan  Airport
24    Authority by this amendatory Act of 1986, who shall thereupon
25    issue a certificate of incorporation to the Authority.
26        (b)  If all of the  airport  facilities  of  an  existing
27    Airport Authority are situated within the corporate limits of
28    a  county  in  which  a  Metropolitan  Airport  Authority  is
29    established,   the   existing   Airport  Authority  shall  be
30    dissolved upon the establishment of the Metropolitan  Airport
31    Authority.   In such event the rights to all property and all
 
SB286 Enrolled             -2-                 LRB9103071MWdv
 1    assets and liabilities, including bonded indebtedness, of the
 2    existing  Airport  Authority  shall   be   assumed   by   the
 3    Metropolitan Airport Authority.
 4        (c)  (Blank).  The  Illinois Department of Transportation
 5    shall conduct or cause to  be  conducted  an  annual  program
 6    audit  of  the Metropolitan Airport Authority for each fiscal
 7    year of the Authority, beginning with 1993.  The audits shall
 8    be  conducted   in   accordance   with   generally   accepted
 9    governmental   auditing   standards   and  shall  include  an
10    examination  of  supporting   books   and   records   and   a
11    representative  sample  of  vouchers  for  distributions  and
12    expenditures.   An  audit  report  shall be prepared for each
13    audit conducted pursuant to this Section, and a copy shall be
14    kept on file at the Illinois Department of Transportation and
15    furnished to the Metropolitan Airport Authority.   All  audit
16    reports shall be made available to the public by the Illinois
17    Department  of  Transportation  and  the Metropolitan Airport
18    Authority upon request.
19        Within  90  days  after  an  audit  required  under  this
20    subsection  has  been  completed,  the  Metropolitan  Airport
21    Authority  shall  reimburse  the   Illinois   Department   of
22    Transportation  for  all  costs  incurred  by  the Department
23    arising out of the conduct of the audit.  Costs  incurred  by
24    the  Illinois  Department  of Transportation may be paid from
25    any moneys available to the Department for that purpose;  the
26    reimbursement   received   from   the   Metropolitan  Airport
27    Authority for those costs shall be deposited into the fund or
28    funds from which the costs were paid by the Department.
29    (Source: P.A. 87-768; 88-504.)

[ Top ]