Illinois Compiled Statutes 70 ILCS 3205 Illinois Sports Facilities Authority Act. Section 10

    (70 ILCS 3205/10) (from Ch. 85, par. 6010)

    Sec. 10. Reporting.

    (1) Promptly following entering into a management agreement or an assistance agreement involving a new facility or facility site, the Authority shall submit a detailed written report and findings of the Authority with respect to the proposed management agreement or assistance agreement to the General Assembly.

    (2) The report and findings of the Authority shall include:

        (i) A detailed plan of the method of funding the

    management agreement or assistance agreement;

        (ii) An evaluation of the economic consequences of

    the proposed management agreement or assistance agreement; and

        (iii) If applicable, an analysis of the reasons for

    acquiring a site for constructing a new facility.

(Source: P.A. 91-935, eff. 6-1-01.)

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Last modified: February 18, 2015