Illinois Compiled Statutes 70 Special Districts: Article -

• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 1
  Short title. This Article may be cited as the Will-Kankakee Regional Development Authority Law. In this Article, "this Act" means this Article. (Source: P.A.
• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 2
  Findings. The General Assembly hereby determines and declares: (a) That labor surplus areas currently exist in the Will County and Kankakee County area; (b)...
• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, 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 may...
• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 4
  Establishment. (a) There is hereby created a political subdivision, body politic and municipal corporation named the Will-Kankakee Regional Development Authority. The territorial jurisdiction of the...
• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 5
  Duty. All official acts of the Authority shall require the approval of at least 6 members. It shall be the duty of the Authority to...
• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, 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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, 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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, 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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, 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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 10
  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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 11
  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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 12
  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 Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 13
  Reports. The Authority shall annually submit a report of its finances to the Auditor General. The Authority shall annually submit a report of its...
• Illinois Will-kankakee Regional Development Authority Law. - 70 ILCS 535, Section 14
  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...

Last modified: February 18, 2015