| Title: | Eastern Illinois Economic Development Authority | | Website: | Eastern Illinois Economic Development Authority | | Contact Name: | Andrew Hamilton | | Contact Title: | Executive Director of Eastern Illinois Economic Development Authority | | Contact Phone: | 217-899-7525 | | Contact E-Mail: | andrewjhamilton@eieda.com | | Contact Comments: | Andrew Hamilton – Executive Director 217-546-7525 | | Function: | The Authority promotes industrial, commercial, and residential development, services, transportation, and recreational activities and facilities in Ford, Iroquois, Piatt, Champaign, Vermilion, Douglas, Moultrie, Shelby, Coles, and Edgar counties and any navigable waters and air space located therein; authorized to issue bonds, enter into loans, contracts, agreements, and mortgages. | | Term: | 6 years, initial terms are staggered, and until successor is appointed and qualified | | Senate Confirmation: | Yes | | Qualifications: | Must reside within the territorial jurisdiction of the Authority. Public members shall be persons of recognized ability and experience in economic development, finance, banking, industrial development, small business management, real estate development, etc. | | Compensation: | Expenses | | Composition: | 14 members as follows:
3 appointed by the Governor
1 each appointed by the County Board Chair the following Counties:
-Ford
-Iroquois
-Piatt
-Champaign
-Vermilion
-Douglas
-Moultrie
-Shelby
-Coles
-Edgar
-Director of DCEO or designee, ex officio | | Chair: | Elected by the Board | | Authority: | 70 ILCS 506/1 |
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