Illinois Compiled Statutes 70 Special Districts: Article -
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 1
This Act shall be known and may be cited as the "Quad Cities Regional Economic Development Authority Act". (Source: P.A. 85-713.)
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 2
The General Assembly hereby determines and declares: (a) That due to changes in national and international manufacturing and product markets, unstable international currency markets,...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 3
The following terms, whenever used or referred to in this Act, shall have the following meanings, except in such instances where the context may...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 4
(a) There is hereby created a political subdivision, body politic and municipal corporation named the Quad Cities Regional Economic Development Authority. The territorial jurisdiction of...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 5
Conflicts of Interest. Members or employees of authority - conflicting relations or interests - effects. (a) No member of the Authority or officer, agent...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 6
Records and Reports of the Authority. The secretary shall keep a record of the proceedings of the Authority. The treasurer of the Authority shall be...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 7
All official acts of the Authority shall require the approval of at least 4 members. (Source: P.A. 85-713.)
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 8
(a) The Authority possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Act, including, without any...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 9
Bonds and notes. (a)(1) The Authority may, with the written approval of the Governor, at any time and from time to time, issue bonds and...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 9.1
(Repealed). (Source: P.A. 87-778. Repealed by P.A. 96-196, eff. 1-1-10.)
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 10
Legality for Investment. Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee or other fiduciary, may legally invest...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 11
Tax exemption. The Authority shall not be required to pay any taxes or assessments of any kind whatsoever and its bonds, their transfer, the...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 13
Bond and notes; exemption from taxation. The creation of the Authority is in all respects for the benefit of the people of Illinois and...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 14
Additional powers and duties. (a) The Authority may, but need not, acquire title to any project with respect to which it exercises its authority....
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 15
The Authority may by ordinance designate a portion of the territorial jurisdiction of the Authority for certification as an Enterprise Zone under the Illinois...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 16
The Authority may collect fees and charges in connection with its loans, commitments and servicing and provide technical assistance in the development of the...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 18
Taxation. The Authority shall have taxing powers as determined by statute. (Source: P.A. 85-713.)
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 18.1
(a) If the Authority issues bonds for the purpose of financing, by loan, grant, or otherwise, the construction of a NASCAR race track, then...
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 18.2
(Repealed). (Source: P.A. 87-882. Repealed by P.A. 90-415, eff. 8-15-97.)
- Illinois Quad Cities Regional Economic Development Authority Act, Approved September 22, 1987. - 70 ILCS 510, Section 19
Civic Center. The Authority shall commence a study to determine the feasibility of a civic center or other public assembly hall or arena to be...
Last modified: February 18, 2015