Illinois Administrative Code › Title 32 - ENERGY › Part 100 - ADMINISTRATION OF THE ILLINOIS COAL AND ENERGY DEVELOPMENT BOND ACT › Section 100.20 - Definitions

Current through Register Vol. 48, No. 28, July 12, 2024
"Act" means "An Act to provide for the financing of a State
				program for research, development and demonstration in coal and energy; to
				authorize the issuance and sale of general obligation bonds of the State of
				Illinois; and to provide for the payment of the principal of and interest on
				such bonds," which Act is otherwise known as the Illinois Coal and Energy
				Development Bond Act.
"Agreement" means a signed and written document which defines
				and describes the rights and obligations of the Contractor and the Department
				in respect to a Project for the Development of Coal and Other Energy
				Resources.
"Application" means that written document submitted by an
				applicant for State Funding which conforms to the form and content of Section
				100.30
				hereof.
"Bonds" mean the general obligation bonds of the State of
				Illinois which are authorized to be issued, sold and retired in accordance with
				the manner set forth in the Act, the aggregate principal amount of which is
				$70,000,000.
"Coal" or "Coal Resources" means coal, coal products or
				by-products, including electricity, synthetic fuels, gas and
				liquefaction.
The "Commission" means the Illinois Energy Resources Commission
				which is established pursuant to "An Act creating the Illinois Energy Resources
				Commission and defining its powers and duties" (Ill. Rev. Stat. 1981, ch.
				961/2, par. 101).
"Contractor" means any business, industrial, university,
				governmental or other qualified individuals or organizations with whom the
				Department enters into an Agreement to promote Development of Coal and Other
				Energy Resources.
"Department" means the Department of Energy and Natural
				Resources of the State of Illinois.
"Development of Coal and Other Energy Resources" means
				research, development and demonstration of improved methods of discovery,
				production, transportation, sale, distribution, conversion, end-use and waste
				disposal of Coal and Other Energy Resources.
"Director" means the Director of the Department.
"Eligible Project" means that Project for which previous
				approval of the Commission has been granted and for which funds are authorized
				to be expended pursuant to the purposes specified in the Act (Ill. Rev. Stat.
				1981, ch. 961/2, par. 4103), which purposes include, but are not limited to,
				the following:
"the commercial application of existing technology for
				development of coal resources,
to initiate or complete development of new technology for
				development of coal resources, and
for planning, design, acquisition, development, construction,
				improvement and financing a site or sites and facilities for establishing
				plants, projects or demonstrations for development of coal resources, and
				research and development of other forms of energy."
"Other Forms of Energy" means solar energy, geothermal, wind
				generation, solid waste or any other energy system except that which is
				generated by nuclear energy.
"Other Funding" is that amount which shall be paid by the
				Contractor(s) or other Project participants and which, when added to State
				Funding, shall equal the Total Project Cost.
"Project" means the proposal of work to be done as described in
				the Application.
"State Funding" is that portion of Total Project Cost which the
				Department shall pay to the Contractor(s), the amount of which has received
				prior approval of the Commission.
"Total Project Cost" means all necessary and reasonable costs
				related to the completion of the Project, but does not include administrative,
				travel or promotional costs incurred by the Contractor or other Project
				participants prior to the execution of an Agreement.