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1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 1. Short title. This Act may be cited as the
5Technology Development District Act.
 
6    Section 3. Purpose. In order to better utilize community
7resources, including those of schools and libraries,
8municipalities may develop technology development districts.
9These districts would aid in the redevelopment of older
10communities that use antiquated technology infrastructure,
11educational development, and make communities more competitive
12and technologically inviting.
13    The use of tax revenues derived from the tax rates of
14various taxing districts in development project areas for the
15payment of development project costs is of benefit to said
16taxing districts, all surplus tax revenues are turned over to
17the taxing districts in development project areas, and all said
18districts benefit from the development of technology
19infrastructure.
 
20    Section 5. Definitions.
21    "Development district" means a technology development
22district.

 

 

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1    "Development plan" means a development plan required for
2the creation of a technology development district pursuant to
3Section 10 of this Act.
4    "Development project" means any public or private
5development project in furtherance of the objectives of a
6development plan.
7    "Development project area" means an area designated by the
8municipality for a development project.
9    "Development project costs" means and includes the sum
10total of all reasonable or necessary costs incurred or
11estimated to be incurred, and any costs incidental to a
12development plan and a development project.
13    "Municipality" means a city, village, or township.
14    "Obligations" mean bonds, loans, debentures, notes,
15special certificates, or other evidence of indebtedness issued
16by the municipality to carry out a development project or to
17refund outstanding obligations.
18    "Services" means any improvements and facilities provided
19for in the development plan of a development district as
20approved by the corporate authorities of a municipality,
21including both on-site improvements and off-site improvements
22that directly or indirectly benefit the development district,
23and necessary or incidental work, whether newly constructed,
24renovated, or existing. "Services" includes electrical and
25energy generation facilities and upgrades, inspection,
26construction management, and program management costs,

 

 

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1high-tech manufacturing facilities, community outreach
2programs and facilities, educational equipment, and technology
3parks. "Services" also includes equipment and inside wiring or
4cable used and controlled by a property owner for the purchase
5of broadband services, but only to the extent that the
6equipment and inside wiring or cable is located on the premises
7of the customer for broadband services. "Services" does not
8include equipment located outside of a property owner's
9premises, such as high speed cable, telecommunications lines,
10fiber optic transmission facilities, and related equipment
11designed to carry communications signals such as voice, data,
12and video to the premises.
 
13    Section 10. Creation of technology development district. A
14municipality may, by ordinance, establish a technology
15development district. The district may be entirely within, or
16partly within and partly without, one or more municipalities,
17and a development district may consist of noncontiguous tracts
18or parcels of property within 3 miles of each other. The
19municipality shall submit a development plan that shall be
20available for public viewing.
21    (a) The development plan for a district shall include:
22        (1) a description of the proposed services;
23        (2) a financial plan showing how the proposed services
24    are to be financed, including the proposed operating
25    revenue derived from property taxes for the first fiscal

 

 

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1    year of the proposed development district;
2        (3) a schedule of the proposed indebtedness for the
3    proposed development district indicating the year or years
4    in which the debt is scheduled to be issued;
5        (4) a preliminary engineering or architectural survey
6    showing how the proposed services are to be provided;
7        (5) a map of the proposed development district
8    boundaries and an estimate of the population and valuation
9    for assessment of the proposed development district;
10        (6) a general description of the facilities to be
11    constructed and the standards of the construction,
12    including a statement of how the facility and service
13    standards of the proposed development district are
14    compatible with the facility and service standards of any
15    municipality within the zoning jurisdiction where all or
16    any portion of the proposed development district is to be
17    located;
18        (7) a general description of the estimated cost of
19    acquiring any land, engineering services, legal services,
20    administrative services, initial proposed indebtedness and
21    estimated proposed maximum interest rates and discounts,
22    and other major expenses related to the organization and
23    initial operation of the proposed development district;
24        (8) a description of any arrangement or proposed
25    agreement with any political subdivision for the
26    performance of any services between the proposed

 

 

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1    development district and the other political subdivision,
2    including, if the form contract to be used is available, a
3    copy of the contract; and
4        (9) any additional information as the corporate
5    authorities of the municipality may find necessary.
6    (b) A municipality may:
7        (1) install, repair, construct, reconstruct, or
8    relocate streets, utilities, and site improvements
9    essential to the preparation of the development area for
10    use in accordance with a development plan;
11        (2) accept grants, guarantees, and donations of
12    property, labor, or other things of value from a public or
13    private source for use within a project development area;
14        (3) incur project development costs and reimburse
15    developers who incur development project costs authorized
16    by a development agreement; provided, however, that no
17    municipality shall incur development project costs that
18    are not consistent with the program for accomplishing the
19    objectives of the development plan;
20        (4) jointly undertake and perform development plans
21    and projects wherever they have contiguous development
22    project areas that includes contiguous real property
23    within the boundaries of the municipalities, and in doing
24    so, they may, by agreement between municipalities, issue
25    obligations, separately or jointly, and expend revenues
26    received under the Act for eligible expenses anywhere

 

 

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1    within contiguous development project areas; and
2        (5) issue bonds, provided that the bonds amount to no
3    more than 50% of the annual revenue received from the
4    development district.
 
5    Section 15. Notice and meeting.
6    (a) After receiving a development plan, the corporate
7authorities shall set a date within 90 days for a public
8hearing on the development plan of the proposed development
9district. The corporate authorities shall provide written
10notice of the date, time, and location of the hearing to each
11resident or property owner of record within the boundaries of
12the development district and the governing body of any existing
13county, municipality, school district or other political
14subdivision that has levied an ad valorem tax within the next
15preceding tax year and that has boundaries within a radius of 3
16miles of the proposed development district boundaries. Notice
17shall also be given to any person who has requested that notice
18be given for any development plan filed pursuant to this Act.
19The corporate authorities shall make publication of the date,
20time, location and purpose of the hearing, the first of which
21shall be at least 20 days before the hearing date. The notice
22shall also include: (i) a general description of the land
23contained within the boundaries of the proposed development
24district, (ii) information outlining methods and procedures
25for excluding territory from the proposed development

 

 

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1district, and (iii) places, including web sites, where
2interested persons may obtain a copy of the development plan.
3    (b) Not more than 30 days nor less than 20 days before the
4hearing held pursuant to this Section, the petitioners for the
5organization of the proposed development district shall send
6notification by certified mail of the hearing to the property
7owners within the proposed development district as listed on
8the records of the county clerk on the date requested unless
9the petitioners represent 100% of the property owners. The
10notification shall indicate that it is a notice of a hearing
11for the organization of a development district and shall
12indicate the date, time, location and purpose of the hearing,
13and a general description of the type of services that are
14included in the development plan. The mailing of the
15notification by certified mail to all addresses within the
16proposed development district shall constitute a good-faith
17effort to comply with this subsection, and failure to notify
18all property owners by certified mail shall not provide grounds
19for a challenge to the hearing being held.
20    (c) The hearing held by the governing body shall be open to
21the public, and a record of the proceedings shall be made at
22the expense of the petitioners. All interested parties shall be
23afforded an opportunity to be heard under applicable rules of
24procedure as may be established by the corporate authorities.
25Any testimony or evidence that in the discretion of the
26governing body is relevant to the organization of the proposed

 

 

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1development district shall be considered.
2    (d) After a municipality has by ordinance approved a
3development plan and designated a development project area, the
4plan may be amended and additional properties may be added to
5the development project area. The municipality shall give
6notice and hold a hearing, as provided in this Section, prior
7to amending a plan.
8    (e) Beginning in fiscal year 2013 and in each fiscal year
9thereafter, a municipality must detail in its annual budget (i)
10the revenues generated from development project areas by source
11and (ii) the expenditures made by the municipality for
12development project areas.
 
13    Section 30. Revenue.
14    The projects to be constructed or acquired as shown in the
15development plan may be financed from the following sources of
16revenue:
17        (1) proceeds received from the sale of bonds of the
18    development district;
19        (2) money of the municipality or county contributed to
20    the development district;
21        (3) annual property taxes or special assessments;
22        (4) State or federal grants or contributions;
23        (5) private contributions;
24        (6) user, landowner and other fees, tolls and charges;
25        (7) proceeds of loans or advances; and

 

 

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1        (8) any other money available to the development
2    district by law.
3    No revenues from one technology development district may be
4transferred to another district.