Illinois Compiled Statutes 110 ILCS 525 Southern Illinois University Revenue Bond Act. Section 2

    (110 ILCS 525/2) (from Ch. 144, par. 672)

    Sec. 2. Definitions.

    In this Act, unless the context otherwise requires:

    1. "Board" means The Board of Trustees of Southern Illinois University or its successor.

    2. "University" means Southern Illinois University, located at Carbondale, Illinois, and its branches.

    3. "Federal Agency" means the United States of America, the President of the United States of America, the Housing and Home Finance Agency, or such other agency or agencies of the United States of America as may be designated or created to make loans or grants or both.

    4. "Acquire" includes to purchase, erect, build, construct, reconstruct, complete, repair, replace, alter, extend, better, equip, develop, and improve a project, including the acquisition and clearing of a site or sites therefor.

    5. "Project" means and includes student residence halls; apartments; staff housing facilities; dormitories; health, hospital or medical facilities; dining halls; student union buildings; field houses; stadiums; physical education installations and facilities; auditoriums; facilities for student or staff services; any facility or building leased to the United States of America; heretofore, or as may be hereafter, acquired, and any other revenue producing building or buildings of such type and character for which the Board shall hereafter from time to time find a necessity exists and as may be required for the good and benefit of the University, with all equipment and appurtenant facilities, including off-street parking facilities; or any one or more than one, or all, of the foregoing, or any combination thereof, for the University.

(Source: Laws 1965, p. 2913.)

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Last modified: February 18, 2015