Sec. 10. Reporting.
107 words·~1 min read·
/il/chapter-70/act-3205/10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 10. Reporting.
(1)Promptly following entering into a management agreement or an assistance agreement involving a new facility or facility site, the Authority shall submit a detailed written report and findings of the Authority with respect to the proposed management agreement or assistance agreement to the General Assembly.
(2)The report and findings of the Authority shall include:
(i)A detailed plan of the method of funding the management agreement or assistance
agreement;
(ii)An evaluation of the economic consequences of the proposed management agreement or
assistance agreement; and
(iii)If applicable, an analysis of the reasons for acquiring a site for constructing a
new facility.