reglab/housing_qa huggingface dataset:
65 ILCS 5/8-12-5
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-5)Sec. 8-12-5.         For each financially distressed city to which this  Division is applicable as provided in Section 8-12-4, there is established  a body both corporate and politic to be known as the "(Name of Financially  Distressed City) Financial Advisory Authority" which, in such name, shall  exercise all authority vested in such Authority by this Division.  The  Authority shall constitute an agency of State government, and as such may  receive and expend amounts appropriated by the General Assembly to the  Authority to enable it to exercise and perform its powers and  responsibilities under this Division.  The financially distressed city  shall not be liable for any costs or expenses incurred by the Authority in  the conduct of its powers and responsibilities under this Division.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-6
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-6)Sec. 8-12-6.     Purposes and powers.(a) The purposes of the Authority shall be to provide a secure financial  basis for and to furnish assistance to a financially distressed city to which  this Division is applicable as provided in Section 8-12-4, and to request the  Illinois Finance Authority to issue its Obligations  on behalf of  and thereby provide financial aid to the city in accordance with applicable  provisions of the Illinois Finance Authority Act, so  that the city  can provide basic municipal services within its jurisdictional limits, while  permitting the distressed city to meet its obligations to its creditors and the  holders of its notes and bonds.(b) Except as expressly limited by this Division, the Authority  shall have all powers necessary to meet its responsibilities and to carry  out its purposes and the purposes of this Division, including, but not  limited to, the following powers:(1) To provide for its organization and internal     management, and to make rules and regulations governing the use of its property and facilities.(2) To make and execute contracts, leases, subleases     and all other instruments or agreements necessary or convenient for the exercise of the powers and functions granted by this Division.(3) To approve all loans, grants, or other financial     aid from any State agency.(4) To appoint officers, agents, and employees of the     Authority, define their duties and qualifications and fix their compensation and employee benefits.(5) To engage the services of consultants for     rendering professional and technical assistance and advice on matters within the Authority's power.(6) To pay the expenses of its operations.(7) To determine, in its discretion but consistent     with the requirements of this Division, the terms and conditions of any loans it may make to the financially distressed city.(c) Any loan repayments received by the Authority from the distressed city  may be deposited by the Authority into a revolving fund under the control of  the Authority.  Money in the revolving fund may be used by the Authority to  support activities leading to a restructuring of the distressed city's debt and  may be pledged by the Authority as security for any new debt incurred by the  distressed city with the approval of the Authority.(d) From any funds appropriated to the Authority for the purpose of making  a loan to a distressed city, the Authority may expend not more than  $250,000 for the expenses of its operations in the fiscal year in which the  appropriation is made.    (Source: P.A. 93-205, eff. 1-1-04.)
65 ILCS 5/8-12-7
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-7)Sec. 8-12-7.         The governing body of the Authority shall be a board  consisting of 5 Directors.  Directors shall be appointed by the Governor,  with the advice and consent of the Senate.  At least 2 Directors must be  residents of the financially distressed city.  The Governor shall select  one of the Directors to serve as Chairperson during the term of his or her appointment.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-8
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-8)Sec. 8-12-8.         The initial Directors shall be appointed, as provided in  Section 8-12-7, within 30 days after this Division first becomes applicable  to the financially distressed city as provided in Section 8-12-4. Of the  initial Directors so appointed, 3 shall be appointed to serve for terms  expiring 3 years from the date of their appointment, and 2 shall be  appointed to serve for terms expiring 2 years from the date of their  appointment. Thereafter each Director shall be appointed to hold office for  a term of 3 years and until his or her successor has been appointed as  provided in Section 8-12-7. Directors shall be eligible for reappointment.  Any vacancy which shall arise shall be filled by appointment by the  Governor, with the advice and consent of the Senate, for the unexpired term  and until his or her successor has been appointed as provided in Section  8-12-7. A vacancy shall occur upon resignation, death, conviction of a  felony or removal from office of a Director. A Director may be removed for  incompetency, malfeasance or neglect of duty at the instance of the  Governor. If the Senate is not in session or is  in recess when appointments subject to its confirmation are made, the  Governor shall make temporary appointments which shall be subject to  subsequent Senate approval.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-9
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-9)Sec. 8-12-9.         The Chairperson shall preside at meetings of the  Directors.  The Directors may establish such offices and appoint such  officers for the Authority as they may deem appropriate.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-10
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-10)Sec. 8-12-10.         Any State agency or unit of local government, within its  respective function, may render such services to the Authority as the  Authority may request.  Upon the Authority's request any such agency  or unit of local government may transfer to the Authority such officers and  employees as the Authority and any such agency or unit of local government  deem necessary to carry out the Authority's functions and duties.  Officers  and employees so transferred shall not lose or forfeit their employment status or rights.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-11
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-11)Sec. 8-12-11.         The Directors shall serve without compensation, but each  Director shall be entitled to reimbursement for actual and necessary  expenses incurred in the performance of official duties as a Director.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-12
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-12)Sec. 8-12-12.         (a) The Governor shall call the first  meeting of the Authority.  Thereafter, the Directors shall prescribe  the times and places for their meetings and the manner in which regular  and special meetings may be called.  The Directors shall comply in all  respects with the Open Meetings Act.  The Authority shall be a public body to  which The Freedom of Information Act applies.(b) A majority of the  Directors holding office shall constitute a  quorum for the conduct of business.  The affirmative votes of at least  3 Directors shall be necessary for adopting any rule or regulation,  and for any other action required by this Division to be taken by  resolution, directive or ordinance.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-13
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-13)Sec. 8-12-13.         In carrying out the purposes of this Division, and pursuant  to Sections 8-12-14 through 8-12-24, as hereinafter provided, the Authority  shall have the power to approve or to reject the Financial Plans, Budgets  and contracts which are inconsistent with the Financial Plan and Budget of  the financially distressed city; provided, however, that the Authority  shall have no authority to impair any existing contract or obligation of  the city; and provided further, that with respect to any multi-year  employment contract or collective bargaining agreement authorized or  entered into by the city in accordance with applicable statutes and  ordinances, the Authority's power to approve or reject the same shall be  limited to the first year of such contract or agreement as provided in  Section 8-12-17.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-14
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-14)Sec. 8-12-14.         The Budget of the financially distressed city for its  first fiscal year commencing after this Division first becomes applicable  to the financially distressed city as provided in Section 8-12-4, and for  each subsequent fiscal year shall be balanced in accordance with such  accounting system and procedures as may be prescribed by the Authority and  the requirements of State law, with substantial progress toward balancing  the Budget to be achieved during the remaining portion of what is the  financially distressed city's current fiscal year at the time this Division  first becomes applicable to the city as provided in Section 8-12-4.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-18
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-18)Sec. 8-12-18.         The financially distressed city shall meet its debt  service obligations as they become due.  No other expenditure shall be made  by the city unless it is consistent with the Financial Plan and Budget in  effect.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-19
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-19)Sec. 8-12-19.         The Authority shall appoint and shall have the authority  to remove a financial management officer. The financial management officer  shall have the responsibility for advising on the preparation of the Budget  and Financial Plan of the financially distressed city and for monitoring  expenditures of the city.  The financial management officer shall be the  authorized signatory for all expenditures made from the proceeds of any  State loans provided for the benefit of the city pursuant to this Division  or any other law of this State, and for all expenditures made from  financial aid provided for the benefit of the city from Obligations issued  by the Illinois Finance Authority for such purposes  in  accordance with applicable provisions of the Illinois  Finance  Authority Act. The financial management officer shall be an employee of and  shall report to the Authority, may be granted authority by the Authority to  hire a specific number of employees to assist in meeting responsibilities,  and shall have access to all financial data and records of the city which  he or she deems necessary for the proper and efficient exercise of such  responsibilities.  Neither the Authority or the financial management  officer shall have any authority to hire, fire or appoint city employees or  to manage the day-to-day operations of the city.    (Source: P.A. 93-205, eff. 1-1-04.)
65 ILCS 5/8-12-20
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-20)Sec. 8-12-20.         Upon direction of the Authority, the financially  distressed city shall reorganize its financial accounts and its management  and budgetary systems in whatever manner the Authority deems appropriate to  achieve greater financial responsibility and control.  The Authority shall  not have the power to affect the taxing authority or to consolidate or  reduce the restricted debt service funds of the city.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-23
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-23)Sec. 8-12-23.         A financially distressed city to which this Division  applies shall remain subject to all other applicable provisions of this  Act, except as limited by this Division; provided, however, that in case of  a conflict between the provisions of this Division and any other provision  of this Act, the provisions of this Division shall control.    (Source: P.A. 86-1211.)
65 ILCS 5/8-12-24
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 (from Ch. 24, par. 8-12-24)Sec. 8-12-24.         A home rule unit which is a financially distressed city  to which this Division is applicable as provided in Section 8-12-4 may not  employ financial or fiscal accounting or budgetary procedures or systems,  nor place into effect any Financial Plan or Budget, nor enter into any  contract or make any expenditure, nor otherwise conduct its financial and  fiscal affairs or take other action in a manner inconsistent with the  provisions of this Division, until such time as the powers and  responsibilities of the Authority are terminated as provided in Section  8-12-22.  This Section is a limitation under subsection (i) of Section 6 of  Article VII of the Illinois Constitution on the concurrent exercise by home  rule units which are financially distressed cities to which this Division  is applicable as provided in Section 8-12-4 of powers and functions  exercised by the State.    (Source: P.A. 86-1211.)
65 ILCS 5/Art. 8 Div. 13 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

 DIVISION 13.  ASSIGNMENT OF RECEIPTS  (Source: P.A. 100-23, eff. 7-6-17.)
65 ILCS 5/8-13-5
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

Sec. 8-13-5. Definitions. As used in this Article:"Assignment agreement" means an agreement between a transferring unit and an issuing entity for the conveyance of all or part of any revenues or taxes received by the transferring unit from a State entity."Conveyance" means an assignment, sale, transfer, or other conveyance."Deposit account" means a designated escrow account established by an issuing entity at a trust company or bank having trust powers for the deposit of transferred receipts under an assignment agreement."Issuing entity" means (i) a corporation, trust or other entity that has been established for the limited purpose of issuing obligations for the benefit of a transferring unit, or (ii) a bank or trust company in its capacity as trustee for obligations issued by such bank or trust company for the benefit of a transferring unit."State entity" means the State Comptroller, the State Treasurer, or the Illinois Department of Revenue."Transferred receipts" means all or part of any revenues or taxes received from a State entity that have been conveyed by a transferring unit under an assignment agreement."Transferring unit" means a home rule municipality located in the State.  (Source: P.A. 100-23, eff. 7-6-17.)
65 ILCS 5/8-13-11
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

Sec. 8-13-11. Liens for obligations.(a)  As used in this Section, "statutory lien" has the meaning given to that term under 11 U.S.C. 101(53) of the federal Bankruptcy Code.(b)  Obligations issued by an issuing entity shall be secured by a statutory lien on the transferred receipts received, or entitled to be received, by the issuing entity that are designated as pledged for such obligations.  The statutory lien shall automatically attach from the time the obligations are issued without further action or authorization by the issuing entity or any other entity, person, governmental authority, or officer.  The statutory lien shall be valid and binding from the time the obligations are executed and delivered without any physical delivery thereof or further act required, and shall be a first priority lien unless the obligations, or documents authorizing the obligations or providing a source of payment or security for those obligations, shall otherwise provide.The transferred receipts received or entitled to be received shall be immediately subject to the statutory lien from the time the obligations are issued, and the statutory lien shall automatically attach to the transferred receipts (whether received or entitled to be received by the issuing entity) and be effective, binding, and enforceable against the issuing entity, the transferring unit, the State entity, the State of Illinois, and their agents, successors, and transferees, and creditors, and all others asserting rights therein or having claims of any kind in tort, contract, or otherwise, irrespective of whether those parties have notice of the lien and without the need for any physical delivery, recordation, filing, or further act.The statutory lien imposed by this Section is automatically released and discharged with respect to amounts of transferred receipts reconveyed to the transferring unit pursuant to Section 8-13-10 of this Code, effective upon such reconveyance.(c)  The statutory lien provided in this Section is separate from and shall not affect any special revenues lien or other protection afforded to special revenue obligations under the federal Bankruptcy Code.  (Source: P.A. 100-23, eff. 7-6-17.)
65 ILCS 5/8-13-15
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

Sec. 8-13-15. Pledges and agreements of the State. The State of Illinois pledges to and agrees with each transferring unit and issuing entity that the State will not limit or alter the rights and powers vested in the State entities by this Article with respect to the disposition of transferred receipts so as to impair the terms of any contract, including any assignment agreement, made by the transferring unit with the issuing entity or any contract executed by the issuing entity in connection with the issuance of obligations by the issuing entity for the benefit of the transferring unit until all requirements with respect to the deposit by such State entity of transferred receipts for the benefit of such issuing entity have been fully met and discharged. In addition, the State pledges to and agrees with each transferring unit and each issuing entity that the State will not limit or alter the basis on which the transferring unit's share or percentage of transferred receipts is derived, or the use of such funds, so as to impair the terms of any such contract. Each transferring unit and issuing entity is authorized to include these pledges and agreements of the State in any contract executed and delivered as described in this Article. In no way shall the pledge and agreements of the State be interpreted to construe the State as a guarantor of any debt or obligation subject to an assignment agreement under this Division.  (Source: P.A. 100-23, eff. 7-6-17.)
65 ILCS 5/8-13-20
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 8 - Finance

(65 ILCS 5/8-13-20)Sec. 8-13-20. Home rule. A home rule unit may not enter into assignment agreements in a manner inconsistent with the provisions of this Article. This Section is a limitation under subsection (i) of Section 6 of  Article VII of the Illinois Constitution on the concurrent exercise by home rule units of  powers and functions exercised by the State.  (Source: P.A. 100-23, eff. 7-6-17.)
65 ILCS 5/Art. 9 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 9 - Local Improvements

 ARTICLE 9  LOCAL IMPROVEMENTS
65 ILCS 5/Art. 9 Div. 1 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 9 - Local Improvements

 DIVISION 1.      PROVISIONS GENERALLY APPLICABLE
65 ILCS 5/9-1-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 9 - Local Improvements

 (from Ch. 24, par. 9-1-1)Sec. 9-1-1.         The provisions of Sections 9-1-2 through 9-1-10 apply in all  municipalities unless otherwise provided in any of such sections.The provisions of Sections 9-1-11 through 9-1-14 are alternative to and  not in exclusion of other methods of disposition of undistributed or  unclaimed money received from the making of any local improvement paid for  wholly or in part by special assessment or special taxation.Any municipality in making local improvements may use either the  procedure set out in Division 2 of this Article or the procedure set out  in Division 3 of this Article subject to any restrictions appearing in  such divisions. Once a local improvement is begun under one of the  procedures it must be completed pursuant to the same procedure.    (Source: Laws 1961, p. 576.)
65 ILCS 5/9-1-2
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 9 - Local Improvements

 (from Ch. 24, par. 9-1-2)Sec. 9-1-2.         When the ordinance under which a local improvement is ordered  to be made provides that the improvement shall be made by general taxation,  the cost of the improvement shall be added to the annual appropriation  ordinance of the municipality ordering the improvement and shall be levied  and collected with and as a part of the general taxes of that municipality.    (Source: Laws 1961, p. 576.)
65 ILCS 5/9-1-3
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 9 - Local Improvements

 (from Ch. 24, par. 9-1-3)Sec. 9-1-3.         No ordinance ordering a local improvement shall be repealed  except on a written recommendation of the board of local improvements, or  committee on local improvements, as the case may be, stating the reasons  therefor. This section shall not apply to municipalities having a  population of less than 100,000.    (Source: Laws 1961, p. 576.)
65 ILCS 5/9-1-4
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 9 - Local Improvements

 (from Ch. 24, par. 9-1-4)Sec. 9-1-4.         The board of local improvements or committee on local  improvements, as the case may be, shall submit to the corporate  authorities, during the months of May and October of each year, for 3 years  following the completion of any public work, a written report of its  condition based upon a careful examination of the public work by the board  of local improvements, or by the committee on local improvements, as the  case may be, or by its representative, who shall be an experienced and  capable person of good  character.  This section shall not apply to municipalities  having a population of less than 100,000.    (Source: P.A. 80-324.)