SB3214 Enrolled LRB096 17764 RLJ 33131 b

1     AN ACT concerning local government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Joliet Arsenal Development Authority Act is
5 amended by changing Sections 15 and 55 as follows:
 
6     (70 ILCS 508/15)
7     Sec. 15. Creation of Authority; Board members; officers.
8     (a) The Joliet Arsenal Development Authority is created as
9 a political subdivision, body politic, and municipal
10 corporation.
11     (b) The territorial jurisdiction of the Authority shall
12 extend over all of the territory, consisting of 3,000 acres,
13 more or less, that is commonly known and described as the
14 Joliet ammunition plant and arsenal. The legal description of
15 the territory is (1) approximately 1,900 acres located at the
16 Arsenal, the approximate legal description of which includes
17 part of section 30, Jackson Township, T34N R10E, and sections
18 or part of sections 24, 25, 26, 35, and 36, Channahon Township,
19 T34N R9E, Will County, Illinois, as depicted in the Arsenal
20 Land Use Concept; and (2) approximately 1,100 acres, the
21 approximate legal description of which includes part of
22 sections 16, 17, and 18, Florence Township, T33N R10E, Will
23 County, Illinois, as depicted in the Arsenal Land Use Concept.

 

 

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1     (c) The governing and administrative powers of the
2 Authority shall be vested in its Board of Directors consisting
3 of 10 9 members, 4 of whom shall be appointed by the Governor
4 from Will County, by and with the advice and consent of the
5 Senate, and 6 5 of whom shall be appointed by the county board
6 of Will County Executive with the advice and consent of the
7 Will County Board. All members appointed to the Board shall be
8 residents of Will County, but of the 6 5 members who are
9 appointed by the county board of Will County Executive, with
10 the advice and consent of the Will County Board, one shall be a
11 resident of the City of Joliet, one a resident of the City of
12 Wilmington, one a resident of the Village of Elwood, one a
13 resident of the Village of Manhattan, and one a resident of the
14 Village of Symerton, and one an at-large resident of Will
15 County. Each city council or village board shall recommend 3
16 individuals who are residents of the city or village to the
17 Will County Executive board to be members of the Board of
18 Directors. The Will County Executive Board shall choose one of
19 the recommended individuals from each city and village and
20 shall submit those names to the Will County Board for approval.
21 All persons appointed as members of the Board shall have
22 recognized ability and experience in one or more of the
23 following areas: economic development, finance, banking,
24 industrial development, small business management, real estate
25 development, community development, venture finance, organized
26 labor, units of local government, or civic, community, or

 

 

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1 neighborhood organization.
2     (d) Within 30 days after the effective date of this
3 amendatory Act of the 96th General Assembly, the Will County
4 Executive, with the advice and consent of the Will County
5 Board, shall appoint the additional member of the Board for an
6 initial term expiring on the third Monday in January, 2013. The
7 member must be an at-large resident of Will County. The Board
8 members holding office on the effective date of this amendatory
9 Act of the 96th General Assembly shall continue to hold office
10 for the remainder of their respective terms. The terms of the 9
11 initial appointees to the Authority shall commence 30 days
12 after the effective date of this Act. Of the 9 members
13 initially appointed (i) 2 of the gubernatorial appointees and 2
14 of the non-gubernatorial appointees shall be appointed to serve
15 terms expiring on the third Monday in January, 1997 and (ii) 2
16 of the gubernatorial appointees and 3 of the non-gubernatorial
17 appointees shall be appointed to serve terms expiring on the
18 third Monday in January, 1999. All successors shall be
19 appointed by the original appointing authority and hold office
20 for a term of 4 years commencing the third Monday in January of
21 the year in which their term commences, except in case of an
22 appointment to fill a vacancy. Vacancies shall be filled for
23 the remainder of the term. In case of vacancy in a
24 Governor-appointed membership when the Senate is not in
25 session, the Governor may make a temporary appointment until
26 the next meeting of the Senate when a person shall be nominated

 

 

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1 to fill that office, and any person so nominated who is
2 confirmed by the Senate shall hold office during the remainder
3 of the term. Each member appointed to the Board shall serve
4 until his or her successor is appointed and qualified.
5     (e) The Chairperson of the Board shall be elected by the
6 Board annually from among the members who are appointed by the
7 county board of Will County Executive.
8     (f) The Governor may remove any member of the Board in case
9 of incompetency, neglect of duty, or malfeasance in office.
10     (g) Members of the Board shall serve without compensation
11 for their services as members but may be reimbursed for all
12 necessary expenses incurred in connection with the performance
13 of their duties as members.
14     (h) The Board may appoint an Executive Director who shall
15 have a background in finance, including familiarity with the
16 legal and procedural requirements of issuing bonds, real estate
17 or economic development, and administration. The Executive
18 Director shall hold office at the discretion of the Board. The
19 Executive Director shall be the chief administrative and
20 operational officer of the Authority, shall direct and
21 supervise its administrative affairs and general management,
22 shall perform such other duties as may be prescribed from time
23 to time by the Board, and shall receive compensation fixed by
24 the Board. The Executive Director shall attend all meetings of
25 the Board; however, no action of the Board or the Authority
26 shall be invalid on account of the absence of the Executive

 

 

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1 Director from a meeting. The Board may engage the services of
2 such other agents and employees, including attorneys,
3 appraisers, engineers, accountants, credit analysts and other
4 consultants, and may prescribe their duties and fix their
5 compensation.
6     (i) The Board shall meet on the call of its Chairperson or
7 upon written notice of 6 members of the Board.
8 (Source: P.A. 89-333, eff. 8-17-95.)
 
9     (70 ILCS 508/55)
10     Sec. 55. Abolition of Authority. The Authority shall be
11 abolished upon the last to occur of the following: (1)
12 expiration of the 25-year 15-year period that begins on the
13 effective date of this Act; or (2) one year after all revenue
14 bonds, notes, and other evidences of indebtedness of the
15 Authority have been fully paid and discharged or otherwise
16 provided for. Upon the abolition of the Authority, all of its
17 rights and property shall pass to and be vested in the State.
18 (Source: P.A. 89-333, eff. 8-17-95.)
 
19     Section 99. Effective date. This Act takes effect upon
20 becoming law.