Illinois Compiled Statutes 70 Special Districts: Article -
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 1
Short title. This Act shall be known and may be cited as the Railroad Terminal Authority Act. (Source: Laws 1957, p. 786.)
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 2
Declaration of public purpose. It is hereby found and declared that there exist in cities within this State, having a population of 500,000 or...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 3
Definitions. The following terms, wherever used or referred to in this Act, shall have the following respective meanings, unless in any case a different...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 4
Method of creating Authority. The city council of any City, by resolution adopted by majority of its members, may determine that there is need...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 5
Commissioners. As soon as possible after the filing in the office of the recorder of the resolution organizing the Railroad Terminal Authority, the mayor...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 6
Oath of Commissioners. Each person appointed as a member of the Board of Commissioners, shall qualify by taking and subscribing to an oath to...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 7
Compensation of Commissioners. Each Commissioner, including the Chairman, shall receive the sum of $100.00 for each regular or special meeting of the Commissioners which...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 8
Board of Commissioners. The Commissioners appointed in pursuance of the foregoing provisions of this Act shall constitute the Board of Commissioners of the Railroad...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 9
Quorum. Four (4) members of the Board of Commissioners shall constitute a quorum for the transaction of the business thereof. The concurring vote of...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 10
Records and accounts. A Railroad Terminal Authority shall provide for the proper safekeeping of its records and shall keep a minute book for the...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 11
Treasurer - Depositary of funds. The Treasurer of a Railroad Terminal Authority shall be the legal custodian of all funds derived from the issuance...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 12
Employees-Aid by city. The Board of Commissioners may employ such technical, professional, and clerical assistants as are necessary and expedient for the proper performance...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 13
Donations and grants by city. This Act being designed to effect a public use and purpose, the City creating the Railroad Terminal Authority may...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 14
Municipal corporation-Powers. A Railroad Terminal Authority shall be a municipal corporation and shall constitute a body both corporate and politic separate and apart from...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 14.1
Purchases made pursuant to this Act shall be made in compliance with the "Local Government Prompt Payment Act", approved by the Eighty-fourth General Assembly....
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 15
Determination of area. Whenever the Board of Commissioners determines that a particular area is a Railroad Terminal Area, as herein defined, and should be...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 16
Acquisition of area. Upon approval of the determination as provided in the preceding section, the Railroad Terminal Authority may proceed to acquire by gift, purchase,...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 16.5
Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 17
Redevelopment plan. At any time after the approval of the determination as provided in Section 15 hereof, the Board of Commissioners shall draw up...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 18
Conveyance for public use. Subject to the preceding Section, and whenever the Authority has acquired title to, and possession of, any or all real...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 19
Conveyance for private redevelopment. Subject to the provisions of Section 17 hereof, the Authority may at such times as it deems expedient transfer and...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 20
Revenue bonds. Whenever and as often as the Board of Commissioners determines to issue bonds as provided in this Act, it shall adopt a...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 21
Bondholders legal action. Any trust agreement or agreements entered into with or for the benefit of the bondholders may prescribe by whom or on...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 22
Bonds legal investment. The State and all counties, cities, villages, incorporated towns and other municipal corporations, political subdivisions and public bodies, and public officers...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 23
Contractor's insurance. Any contract let for the construction, repair, alteration, or improvement of any building or buildings, the demolition thereof, or removal of debris...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 24
Letting of contracts. All contracts to be let for the construction, alteration, improvement, repair, enlargement, demolition or removal of any buildings or other facilities,...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 25
Execution of leases, contracts, deeds. All leases, contracts, deeds of conveyance, or instruments in writing executed by the Authority, shall be executed in the...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 26
Exempt from taxation. All property of the Railroad Terminal Authority shall be exempt from taxation by the State or any taxing unit therein. (Source:...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 27
Interstate Commerce Commission. No order, resolution or other action of a Railroad Terminal Authority pursuant to this Act which requires the abandonment, removal, relocation,...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 28
Partial invalidity. The provisions of this Act and the applications thereof to any person or circumstance are declared to be severable. If any section,...
- Illinois Railroad Terminal Authority Act. - 70 ILCS 1905, Section 29
Liberal construction. This Act being necessary and desirable for and intended to secure the public convenience and welfare, the provisions of this Act shall...
Last modified: February 18, 2015