Current through Register Vol. 48, No. 38, September 20, 2024
a) All
communications relating to application procedures herein defined shall be sent
to the Director of the Illinois Department of Commerce and Community Affairs,
ATTN: Civic Center Support Program, 620 East Adams Street, Springfield,
Illinois 62701.
b) An application
shall be in writing and in the approved format provided by the Department upon
request.
c) An application shall be
submitted as one (1) original and three (3) copies.
d) Information requested within the
application includes the following:
1) Legal
name and address of Applicant;
2)
Amount of financial support in the base sum requested by the
Applicant;
3) Name and type of
proposed facility and project including address;
4) Names, addresses and telephone numbers of
the following persons:
A) contact
person;
B) architect, if
selected;
C) construction manager,
if selected;
D) counsel for
applicant, if selected;
5) Data on Applicant eligibility, including
type of authority, area of jurisdiction, area population, 1975 or 1983
equalized assessed valuation, date of preapplication consultation;
6) Summary of the enclosed economic
feasibility and economic impact studies;
7) Brief description of the facility,
including square footage, seating capacity and anticipated functions or
activities;
8) A financial plan for
funding the facility which must include the amount of State funding requested
and the amount of local funding to be provided, with a list of the sources of
local funding;
9) A proposed time
schedule with estimated completion dates for the following activities:
A) design of facility, program and
schematics, design development, working drawings and specifications;
B) construction bid packages;
C) financing for local bond sale, if
applicable;
D) construction
contract award;
E) construction
start and completion;
10) Project budget information, including
estimates for professional fees, construction costs, site development costs,
off-site work, permanently attached equipment, movable equipment, contingency,
purchase of land, purchase of building(s), other expenses with explanation, and
total project cost;
11) A five (5)
year financial operating plan which includes a forecast of income and expenses
with analytical justification for such forecast, plus an operating budget
detailing administrative, operation, maintenance and promotional expenses and
projecting net profit/loss. If a net loss is projected, the Applicant must
designate the source of funds for payment of a deficit;
12) Provision for and information relating to
principal and interest payments on a local bond issue, if applicable.
e) All documents and attachments
submitted with the Application shall be submitted in the same order in which
they appear in the Application format provided by the Department, and each page
thereof must be sequentially numbered on the bottom right-hand corner beginning
with page
1. The documentation shall include
the following:
1) A copy of the Act
creating the Authority;
2)
Certification by the municipality(ies) or county(ies) of the most recent
population count encompassing the area in which the Authority is
located;
3) Certification by the
County Clerk(s) of the total assessed valuation for the area under the
jurisdiction of the applicable Authority for 1975 and 1983;
4) Legal opinion of Applicant's counsel which
states:
A) the Authority is eligible to apply
for, receive, and use State financial support pursuant to the Act;
B) there are no provisions in the Authority's
charter, in the State or federal statutes, or in any municipal or local
ordinance which prohibits the Authority from making application to the State to
receive funding or from entering into an agreement to receive such funding;
and
C) the Applicant's counsel has
no knowledge of pending or threatened litigation, in either the State or
federal courts which would adversely affect the application;
5) Certified copy of the
resolution or ordinance authorizing this application;
6) Certified copy of the resolution,
ordinance, or intergovernmental agreement authorizing the local share of the
project;
7) Certification by the
executive officer of the applicant that all information contained in the
application is true and correct;
8)
Certified copy of resolution, ordinance, or intergovernmental agreement
authorizing payment of deficit in operating and maintenance costs if a deficit
is projected;
9) Draft opinion of
bond counsel as to the legality of the proposed local bond issue(s) if bonds
are to be issued for the local share;
10) Minutes of all meetings of the
Authority;
11) Copy of minutes of
meeting(s) by appropriate authority in which appointments to the Applicant
board was made if the board is an appointed body;
12) Copies of oaths of office of Authority
members filed with the Secretary of State;
13) Copies of written commitments to provide
local share of total project costs;
14) An independent appraisal of site if it is
to be included as part of the local share;
15) An economic feasibility study;
16) An economic impact study; and
17) A master building plan.
f) Each Application including
documents and attachments shall be contained in three (3) ring binder
cover(s).
g) All documents and
attachments submitted in support of the Application shall be submitted with a
general index and tab for easy reference.
h) If the application format and requirements
outlined above are not followed, the application will not be accepted and will
be returned to the Applicant.
