METROPOLIS – December 16, 2009. Governor Pat Quinn today signed into law a bill to create the Massac-Metropolis Port District in Southern Illinois. The new district will be able to construct new river ports along the Ohio River and expand an existing airport, creating jobs and strengthening Southern Illinois’ economy by increasing the region’s international trade capabilities.
“This new law will improve trade, build Illinois’ economy and create jobs in Southern Illinois,” said Governor Quinn. “The Massac-Metropolis Port District will drive economic development by making it easier for Sourthern Illinois’ companies to export their products internationally.”
The Massac-Metropolis Port District will be authorized to build and manage ports on the Ohio River and expand an airport in Massac County. To build and maintain these facilities, the port district will be allowed to issue bonds, obtain loans and levy selected taxes. The district will also be able to create and participate in tax-exempt trading companies to export Illinois goods, including coal and agricultural products.
The district will be managed by a seven-person board. The Governor appoints four members and the mayors of Metropolis, Joppa, and Brookport each appoint a member. Board members are uncompensated and serve three year terms.
Senate Bill 2106 was sponsored by Sen. Gary Forby (D-Benton) and Rep. Brandon Phelps (D-Harrisburg). The law is effective immediately.