Illinois Compiled Statutes 70 Special Districts: Article -
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 1
Short title. This Act shall be known and may be cited as the "Upper Illinois River Valley Development Authority Act". (Source: P.A. 86-1024.)
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 2
Findings. The General Assembly hereby determines and declares: (a) That labor surplus areas currently exist in the State's upper Illinois River valley; (b) That...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 3
Definitions. The following terms, whenever used or referred to in this Act, shall have the following meanings, except in such instances where the context...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 4
Establishment. (a) There is hereby created a political subdivision, body politic and municipal corporation named the Upper Illinois River Valley Development Authority. The territorial jurisdiction...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 5
Duty. All official acts of the Authority shall require the approval of at least 9 members. It shall be the duty of the Authority...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 6
Powers. (a) The Authority possesses all the powers of a body corporate necessary and convenient to accomplish the purposes of this Act, including, without...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 6.1
Tax avoidance. Notwithstanding any other provision of law, the Authority shall not enter into any agreement providing for the purchase and lease of tangible...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 7
Bonds. (a) The Authority, with the written approval of the Governor, shall have the continuing power to issue bonds, notes, or other evidences of indebtedness...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 7.1
Bonds and notes; exemption from taxation. The creation of the Authority is in all respects for the benefit of the people of Illinois and for...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 8
Acquisition. (a) The Authority may, but need not, acquire title to any project with respect to which it exercises its authority. (b) The Authority...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 9
Bridges. (a) In addition to the power and authority heretofore conferred upon the Authority, the Authority, in its own name, shall have full power...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 10
Enterprise zones. The Authority may by ordinance designate a portion of the territorial jurisdiction of the Authority for certification as an Enterprise Zone under...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 11
Designation of depository. The Authority shall biennially designate a national or State bank or banks as depositories of its money. Such depositories shall be...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 12
Taxation prohibited. The Authority shall have no right or authority to levy any tax or special assessment, to pledge the credit of the State...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 13
Fees. The Authority may collect fees and charges in connection with its loans, commitments and servicing and provide technical assistance in the development of...
- Illinois Upper Illinois River Valley Development Authority Act. - 70 ILCS 530, Section 14
Reports. The Authority shall annually submit a report of its finances to the Auditor General. The Authority shall annually submit a report of its...
Last modified: February 18, 2015