70 ILCS 531/12
Additional powers and duties
Illinois · Illinois Compiled Statutes 70 ILCS 531 — Illinois Urban Development Authority Act. · Status: effective
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- 70 ILCS 531/12, Additional powers and duties, Illinois, version 1 as recorded 2026-08-14, yourstate.us, https://yourstate.us/provision/1277976
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Full text
Additional powers and duties.
(a) The Authority may, but need not, acquire title to any project with respect to which it exercises its authority.
(b) The Authority shall have the power to enter into intergovernmental agreements with the State of Illinois, the United States government and any agency or instrumentality of the United States, any unit of local government, or any other unit of government to the extent allowed by Article VII, Section 10 of the Illinois Constitution and the Intergovernmental Cooperation Act.
(c) The Authority shall have the power to share employees with other units of government, including agencies of the United States, agencies of the State of Illinois, and agencies or personnel of any unit of local government.
(d) The Authority shall have the power to exercise powers and issue bonds as if it were a municipality so authorized in Divisions 12.1, 74, 74.1, 74.3, 74.4, and 74.5 of Article 11 of the Illinois Municipal Code. (Source: P.A. 96-234, eff. 1-1-10.)