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HB4349 Engrossed |
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LRB094 16194 HLH 51437 b |
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| AN ACT concerning local government.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Illinois Municipal Code is amended by |
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| changing Section 11-119.2-3 as follows:
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| (65 ILCS 5/11-119.2-3) (from Ch. 24, par. 11-119.2-3)
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| Sec. 11-119.2-3. The following terms whenever used or |
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| referred to in
this Division, shall have the following meanings |
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| unless the context requires otherwise:
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| (1) "Agency agreement" means the written agreement between |
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| 2 or more municipalities
establishing a municipal natural gas |
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| agency.
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| (2) "Bonds" means revenue bonds, notes and other evidences |
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| of obligations
of a municipal natural gas agency issued under |
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| the provisions of this Division.
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| (3) "Eligible utility" means a public agency or other |
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| entity of any type,
which owns, operates or controls any plant |
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| or equipment for the exploration,
production, acquisition, |
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| storage, transmission or distribution
of natural gas in |
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| connection
with the furnishing thereof for sale or resale.
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| (4) "Governing body" means, with respect to a municipality, |
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| the council,
city council, board of trustees, or other |
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| corporate authority of the municipality
which exercises the |
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| general governmental powers of such municipality.
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| (5) "Municipal natural gas agency" means a body politic and |
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| corporate, municipal
corporation and unit of local government |
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| of the State of Illinois organized
in accordance with the |
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| provisions of this Division.
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| (6) "Municipality" means a city, village or incorporated |
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| town in the State
of Illinois, or any other state in the United |
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| States, owning or operating a natural gas plant or system which
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| furnishes natural gas service to the public.
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