70 ILCS 1950/1
Short title
Short title. This Act may be cited as the Renewable Energy Production District Act. (Source: P.A. 97-265, eff. 8-8-11.)
Illinois Compiled Statutes 70 ILCS 1950 — Renewable Energy Production District Act.
Illinois · statute · 70 ILCS 1950 · 8 active provisions
70 ILCS 1950/5
Definitions
Definitions. "Board" means the board of trustees of a renewable energy production special district created under this Act. "District" means a renewable energy production special district created under this Act. "Renewable energy facility" means a generator that is attached to a building or parcel of land and that is po…
70 ILCS 1950/10
Renewable energy production special district
Renewable energy production special district. (a) Any or all areas within the boundaries of a single county may be incorporated as a single renewable energy production special district. The territory incorporated in a district formed under this Act shall be contiguous and may contain any territory not previously includ…
70 ILCS 1950/15
Board of trustees
Board of trustees. (a) A renewable energy production district shall be governed by a board of trustees. The board of trustees shall consist of 5 members. A member of the board of trustees must reside within the territory embraced within the district. Within 90 days after the order is entered organizing the district, th…
70 ILCS 1950/20
Powers of the board of trustees
Powers of the board of trustees. The board shall exercise all of the powers and control all the affairs of a renewable energy production special district. (a) The board may: (1) finance, acquire, construct, operate, maintain, or dispose of a renewable energy facility; (2) contract with private or public entities to fin…
70 ILCS 1950/22
Dissolution of a district
Dissolution of a district. (a) Action to dissolve a district may be instituted either by action of a board or petition. (b) If a district has fully discharged its debts and obligations, then the board of that district may adopt an ordinance finding and determining that the foregoing condition has been met and that the…
70 ILCS 1950/30
Records of a district
Records of a district. The board shall adopt rules and regulations for the retention and proper safekeeping and maintenance of its permanent records and for the recording of the corporate actions of the district. The district shall be subject to the provisions of the Local Records Act. (Source: P.A. 97-1110, eff. 8-27-…
70 ILCS 1950/99
Effective date
Effective date. This Act takes effect upon becoming law. (Source: P.A. 97-265, eff. 8-8-11.)