ContractIllinois Power Agency Bonds • May 5th, 2020
(20 ILCS 3501/825-90) Sec. 825-90. Illinois Power Agency Bonds. (a) In this Section: "Agency" means the Illinois Power Agency. "Agency loan agreement" means any agreement pursuant to which the Illinois Finance Authority agrees to loan the proceeds of its revenue bonds issued with respect to a specific Illinois Power Agency project to the Illinois Power Agency upon terms providing for loan repayment installments at least sufficient to pay when due all principal of, interest and premium, if any, on any revenue bonds of the Authority, if any, issued with respect to the Illinois Power Agency project, and providing for maintenance, insurance, and other matters as may be deemed desirable by the Authority. "Authority" means the Illinois Finance Authority. "Director" means the Director of the Illinois Power Agency. "Facility" means an electric generating unit or a co-generating unit that produces electricity along with related equipment necessary to connect the facility to an electric transmis
