Illinois Statutes

§ 62 — Powers of political subdivisions

Illinois·Topic GOVERNMENT·Ch. 50 LOCAL GOVERNMENT·Act 50 ILCS 470/ Innovation Development and Economy Act.

The provisions of this Act are intended to be supplemental and in addition to all other power or authority granted to political subdivisions, shall be construed liberally, and shall not be construed as a limitation of any power or authority otherwise granted. In addition to the powers a political subdivision may have under other provisions of law, a political subdivision shall have all of the following powers in connection with a STAR bond district:

(a)To make and enter into all contracts necessary or incidental to the implementation and furtherance of a STAR bond district plan.
(b)Within a STAR bond district, to acquire by purchase, donation, or lease, and to own, convey, lease, mortgage, or dispose of land and other real or personal property or rights or interests in property and to gr

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Legislative History

(Source: P.A. 96-939, eff. 6-24-10.)
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