20 ILCS 3407/45-10

Current through Public Act 103-1052
Section 20 ILCS 3407/45-10 - [Effective 1/1/2025] Definitions

In this Act:

"Agreement" means a public-private agreement.

"Contractor" means a person that has been selected to enter or has entered into a public-private agreement with the Department on behalf of the State for the development, financing, construction, management, or operation of the Hotel Florence pursuant to this Act.

"Department" means the Department of Natural Resources.

"Hotel Florence" means real property in the City of Chicago located within the Pullman State Historic Site that is owned by the Illinois Department of Natural Resources and was acquired in 1991, at the address of 11111 S. Forrestville Avenue, Chicago, Illinois, as well as the adjacent Hotel Florence Annex building located at 537 East 111th Street, Chicago, Illinois 60628 and any associated grounds connected to the Hotel Florence or Hotel Florence Annex .

"Maintain" or "maintenance" includes ordinary maintenance, repair, rehabilitation, capital maintenance, maintenance replacement, and any other categories of maintenance that may be designated by the Department.

"Offeror" means a person that responds to a request for solicitations under this Act.

"Operate" or "operation" means to do one or more of the following: maintain, improve, equip, modify, or otherwise operate.

"Person" means any individual, firm, association, joint venture, partnership, estate, trust, syndicate, fiduciary, corporation, or any other legal entity, group, or combination thereof.

"Public-private agreement" means an agreement or contract between the Department on behalf of the State and all schedules, exhibits, and attachments thereto, entered into pursuant to a competitive request for solicitations process governed by this Act, for the development, financing, construction, management, or operation of the Hotel Florence under this Act.

"Pullman Factory" means real property in the City of Chicago located within the Pullman State Historic Site that is owned by the Department of Natural Resources and was acquired in 1991, at the addresses 620 and 630 East 111th Street, Chicago, Illinois 60628. The Factory Grounds include the Front Erecting Shop North Factory Wing, Front Erecting Shop South Factory Wing (Ruin), Rear Erecting Shops, Proposed Train Car Display Building, Historic 1911 "Advance" Railroad Passenger Car, Rail Spur Connection, and associated grounds.

"Revenues" means all revenues, including, but not limited to, income, user fees, earnings, interest, lease payments, allocations, moneys from the federal government, the State, and units of local government, including, but not limited to, federal, State, and local appropriations, grants, loans, lines of credit, and credit guarantees; bond proceeds; equity investments; service payments; or other receipts arising out of or in connection with the financing, development, construction, management, or operation of the Hotel Florence.

"State" means the State of Illinois.

20 ILCS 3407/45-10

Amended by P.A. 103-0865,§ 30-5, eff. 1/1/2025.
Added by P.A. 103-0570,§ 45-10, eff. 1/1/2024.
This section is set out more than once due to postponed, multiple, or conflicting amendments.