All official acts of the Authority shall require the approval of at least 8 members. It shall be the duty of the Authority to promote development within the geographic confines of Ford, Iroquois, Piatt, Champaign, Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar counties. The Authority shall use the powers conferred upon it to assist in the development, construction, and acquisition of industrial, commercial, housing, or residential projects within its territorial jurisdiction.
70 ILCS 506/20
Duty
Known as the Eastern Illinois Economic Development Authority Act
The act spans §§ 70-506-1 to 70-506-999 (17 sections).
P.A. 94-203, eff. 7-13-05; 95-854, eff. 8-18-08.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.