Illinois Compiled Statutes 70 Special Districts: Article -

• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 1
  Short title. This Act may be cited as the Chanute-Rantoul National Aviation Center Redevelopment Commission Act. (Source: P.A. 94-908, eff. 6-23-06.)
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 5
  Purpose. The purpose of this Act is to facilitate and promote the economic and environmental redevelopment of the area formerly known as Chanute Air Force...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 10
  Definitions. In this Act: "Aviation Center" means the Rantoul National Aviation Center Airport. "Board" means the Board of Directors of the Chanute-Rantoul National Aviation Center...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 15
  Chanute-Rantoul National Aviation Center Redevelopment Commission; creation. (a) The Chanute-Rantoul National Aviation Center Redevelopment Commission is created as a political subdivision, body politic, and municipal...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 20
  Official acts; duty to promote development. (a) All official acts of the Commission shall require the affirmative vote of at least 5 public members. (b)...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 25
  Powers. (a) The Commission possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Act, including, but not...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 30
  Bonds or notes. (a) The Commission shall have the power to issue bonds or notes for the purpose of developing, constructing, acquiring, or improving projects,...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 35
  Annual report. The Authority shall annually submit a report of its finances to the Auditor General. The Authority shall annually submit a report of its...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 40
  Anti-trust laws; State action exemption; tort immunity; tax exemption. (a) The Commission is hereby expressly made the beneficiary of the provisions of Section 1 of...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 45
  Commission not to have taxing power. The Commission shall not have power to levy taxes for any purpose whatsoever except as provided with respect to...
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 50
  Termination of the Commission. If the Commission terminates or dissolves, all assets of the Commission shall revert to the Village. (Source: P.A. 94-908, eff. 6-23-06.)
• Illinois Chanute-rantoul National Aviation Center Redevelopment Commission Act. - 70 ILCS 503, Section 99
  Effective date. This Act takes effect upon becoming law. (Source: P.A. 94-908, eff. 6-23-06.)

Last modified: February 18, 2015