R2019-135 Resolution Authorizing Agreement-Central Illinois Land Bank Authority

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(� Solicit and accept gifts, grants, labor, loans, and other aid from any person or entity, or the federal government, the State of Illinois, or a political subdivision of the State of Illinois, or any agency of the federal government; � Procure insurance or another method to reduce loss in connection with the property, assets, or activities of the Land Bank; (k) Invest money of the Land Bank, in instruments, obligations, securities, or property which are permitted investments of a unit of local government; (� Employ legal and technical consultants, other officers, agents, or employees, to be paid from the funds of the Land Bank. The Land Bank shall determine the qualifications, duties, and compensation of those it employs. The Board of Directors of the Land Bank may delegate to one or more, officers, agents, or employees any powers or duties it considers proper; (m) Contract for goods and services and engage personnel as necessary, to be paid from the funds of the Land Bank; (n) Study, develop, and prepare any reports or plans the Land Bank considers necessary to assist it in the exercise of its powers under this Agreement and to monitor and evaluate the progress of the Land Bank under this Agreement; (o) Enter into contracts for the demolition of, the maintenance, management, and improvement of, the collection of rent from, or the sale of real property held by the Land Bank; (p) Acquire properties,without a cash bid, from county trustees within the Region for Taxing Districts, through the entity appointed as Tax Agent pursuant to 35 ILCS 200/21-90; (c� Partner with counties to acquire, manage and dispose of tax forfeited parcels pursuant to the counties' authority under 35 ILCS 200/21-90and (r) Do all other things necessary or convenient to achieve the objectives and purposes ' of the Land Bank or other laws that relate to the purposes and responsibilities of ', the Land Bank. i Section 4.02. Limitation on Political Activities. The Land Bank shall not spend any public funds on political activities. Section 4.03. Non-Discrimination. The Land Bank shall comply with all applicable laws prohibiting discrimination. The Land Bank shall not fail or refuse to hire, recruit, or promote; demote; discharge; or otherwise discriminate against a person with respect to employment, compensation, or a term, condition, or privilege of employment because of religion, race, 4