| Title: | Southwestern Illinois Development Authority | | Website: | Southwestern Illinois Development Authority | | Contact Name: | Mike Lundy | | Contact Title: | Executive Director, Southwestern Illinois Development Authority | | Contact Phone: | 618.345.3400 | | Contact E-Mail: | mlundy@swida.org | | Contact Comments: | Executive Director, Southwestern Illinois Development Authority | | Function: | The Authority promotes industrial, commercial, and residential development, services, transportation, and recreational activities and facilities in Bond, Clinton, Madison and St. Clair counties; authorized to issue bonds, enter into loans, contracts, agreements, and mortgages. | | Term: | 3 years, beginning 3rd Monday in January, and until successor is appointed and qualified. Non-voting members serve at the pleasure of the Governor. | | Senate Confirmation: | Yes | | Party Affiliation: | N/A | | Qualifications: | Residents of authority’s jurisdiction who have experience in economic development, finance, banking, industrial development, small business management, real estate development, community development, venture finance, organized labor, or civic, community, or neighborhood organization. Executive Director to have experience in finance, including requirements of issuing bonds, real estate or economic development, and administration. | | Compensation: | Reimbursed for expenses | | Composition: | 14 members
- 6 appointed by Governor
- 2 appointed by Madison County Board chairperson
- 2 appointed by St. Clair County Board chairperson
- 1 appointed by Clinton County Board chairperson
- 1 appointed by Bond County Board chairperson
- Secretary, Department of Transportation, or designee
- Director, Department of Commerce and Economic Opportunity, or designee | | Chair: | Elected by the Board from the 4 members appointed by the County chairmen | | Authority: | 70 ILCS 520/4 |
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