Illinois Compiled Statutes 70 ILCS 15 — Kankakee River Valley Area Airport Authority Act.

Short title

Short title. This Act shall be known as and may be cited as the Kankakee River Valley Area Airport Authority Act. (Source: P.A. 86-1400.)

Definitions

Definitions. When used in this Act, unless a different meaning clearly appears from the context: (a) "Kankakee River Valley Area" means the counties of Kankakee and Will. (b) "Authority" means the Kankakee River Valley Area Airport Authority. (c) "Person" means any individual, firm, partnership, corporation, both domes…

Purposes

Purposes. It is hereby declared, as a matter of legislative determination, that in order to promote the general welfare, to facilitate safe and convenient air travel and transport to and from the Kankakee River Valley Area, by the acquisition or construction and maintenance and operation of one or more airports in the…

Eminent domain

Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject to, and shall be exercised in accordance with, the Eminent Domain Act. (Source: P.A. 94-1055, eff. 1-1-07.)

Authority created; members

Authority created; members. There is created the Kankakee River Valley Area Airport Authority, a body corporate and politic, to consist of 8 members. Four members shall be appointed by the Kankakee County Board. Four members shall be appointed by the Will County Board. No person shall be appointed to the Authority who…

Powers

Powers. The Authority shall have the following powers: (a) To acquire by purchase, lease or otherwise, for the purpose of establishing and constructing a major airport facility and any other airports declared by law to be in the public interest, any land or interests therein, including the vacation of roads under the c…

Attorney General; duties

Attorney General; duties. The Attorney General of the State of Illinois shall be ex officio attorney for the Authority and shall be its legal advisor and legal representative. In addition to the specific duties imposed upon the Attorney General by this Act, he shall further act as attorney for the Authority in all of i…

Operation, rents, charges

Operation, rents, charges. The Authority shall have the following additional powers: (a) To operate any Authority airport and to charge and collect rents, rates, landing fees, concession fees or other compensation for any use thereof or for any service rendered by the Authority in the operation thereof pursuant to such…

Contracts; construction

Contracts; construction. All contracts let for the construction of any work authorized to be done under the provisions of this Act, where the amount thereof exceeds $5,000, shall be let to the lowest responsible bidder or bidders on open, competitive bidding after public advertisement made at least 15 days before the o…

Contracts; services and supplies

Contracts; services and supplies. All contracts for services or supplies required from time to time by the Authority in the acquisition, establishment, maintenance and operation of any Authority airport under this Act or all direct contracts for supplies to be used in the construction of any Authority airport or part t…

Solicitation for bids under Section 9 must conform to accepted business practices, and the method of solicitation must be set out in detail in the rules and regulations of the Authority

Solicitation for bids under Section 9 must conform to accepted business practices, and the method of solicitation must be set out in detail in the rules and regulations of the Authority. Proposals pursuant to public advertisement must be publicly opened at the day and hour and at the place specified in the solicitation…

(a) All purchases, contracts or other obligations or expenditures of funds by the Authority must be in accordance with rules and regulations governing the Authority's procurement practice and procedures. The Authority shall promulgate and publish such practices and procedures in sufficient number for distribution to pe…

Whoever violates any of Sections 9 through 11, or the rules and regulations adopted pursuant thereto, is guilty of a Class A misdemeanor

Whoever violates any of Sections 9 through 11, or the rules and regulations adopted pursuant thereto, is guilty of a Class A misdemeanor. (Source: P.A. 86-1400.)

Purchases made pursuant to this Act shall be made in compliance with the Local Government Prompt Payment Act

Purchases made pursuant to this Act shall be made in compliance with the Local Government Prompt Payment Act. (Source: P.A. 86-1400.)

Issuance of revenue bonds

Issuance of revenue bonds. The Authority shall have the power from time to time to issue bonds in anticipation of its income and revenues from any one or more Authority airports, related facilities, perimeter areas, and perimeter area facilities to accomplish any of the purposes of this Act, and to refund such bonds or…

Resolution for bonds

Resolution for bonds. The Authority, if it desires to issue bonds pursuant to Section 14 of this Act, shall adopt a resolution describing in a general way the airport or airports, the related facility or facilities, the perimeter area or areas, and perimeter area facility or facilities to be acquired, established, cons…

Use of income and revenues received

Use of income and revenues received. (a) Whenever revenue bonds are issued and outstanding under Sections 14 and 15, all of the income and revenues received from the operation of the airport or airports, related facility or facilities, perimeter area or areas and perimeter area facility or facilities pledged to secure…

Miscellaneous powers

Miscellaneous powers. The Authority shall possess the power to: (1) Enter into contracts regarding any matter connected with any purpose within the objects and purposes of this Act. (2) Employ agents and employees necessary to carry out the duties and purposes of the Authority. (3) Adopt all necessary bylaws, rules and…

(a) The Authority shall file with the Governor, by November 15 of each year, a written statement and report covering its activities for the preceding fiscal year

(a) The Authority shall file with the Governor, by November 15 of each year, a written statement and report covering its activities for the preceding fiscal year. (b) The Auditor General of the State of Illinois, shall annually audit or cause to be audited the books and records of the Authority, and shall file a certif…

Exemption from taxation

Exemption from taxation. All property, real, personal or mixed, owned by the Authority, which is located in the State of Illinois is exempt from taxation under the laws of the State of Illinois, to the extent that such property is used for public purposes, including uses directly related to the operation and maintenanc…

No State obligation

No State obligation. Nothing in this Act shall be construed to authorize the Authority to create an obligation of the State of Illinois or the Authority within the meaning of the Constitution of the State of Illinois. (Source: P.A. 86-1400.)

Bonds; legal investment status

Bonds; legal investment status. (a) Counties, cities, villages, incorporated towns, and other municipal corporations, political subdivisions and public bodies, and public officers of any thereof, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associ…

Subject to Illinois Aeronautics Act

Subject to Illinois Aeronautics Act. This Act is subject to the provisions of the Illinois Aeronautics Act. (Source: P.A. 86-1400.)