Illinois Compiled Statutes 70 Special Districts: Article -
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 1
Short title. This Act may be cited as the Riverdale Development Authority Act. (Source: P.A. 94-1093, eff. 1-26-07.)
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 5
Purpose. The purpose of this Act is to facilitate and promote the redevelopment of vacant and underutilized brownfield property located adjacent to and between CSX's...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 10
Definitions. In this Act words and phrases have the meanings set forth in this Section. "Authority" means the Riverdale Development Authority created by this Act....
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 15
Creation of Authority; Board members; officers. (a) The Riverdale Development Authority is created as a political subdivision, body politic, and municipal corporation. (b) The jurisdiction...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 20
Responsibilities of the Authority. It is the duty of the Authority to promote development within its territorial jurisdiction. The Authority shall use the powers conferred...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 25
Powers. The Authority possesses all powers of a body corporate necessary and convenient to accomplish the purpose of this Act, including without limitation the following:...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 30
Limitations. If any of the Authority's powers are exercised within the jurisdiction limits of any municipality, then all of the ordinances of that municipality remain...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 35
Revenue Bonds. (a) The Authority shall have the continuing power to issue revenue bonds, notes, or other evidences of indebtedness in an aggregate amount not...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 40
Designation of depository. The Authority shall biennially designate a national or State bank or banks as depositories of its money. Those depositories shall be designated...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 45
Reports. The Authority shall, annually, submit a report of its finances to the Auditor General. The Authority shall, annually, submit a report of its activities...
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 50
Abolition of the Authority. The Authority is abolished upon the last to occur of the following: (1) the expiration of the 15-year period that begins...
- Illinois Special Districts: Article -
Amendatory provisions; text omitted
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 900
(Amendatory provisions; text omitted). (Source: P.A. 94-1093, eff. 1-26-07; text omitted.)
- Illinois Riverdale Development Authority Act. - 70 ILCS 516, Section 999
Effective date. This Act takes effect upon becoming law. (Source: P.A. 94-1093, eff. 1-26-07.)
Last modified: February 18, 2015