Illinois Compiled Statutes 60 Townships: Article 125 - Township Park Bonds

• Illinois Township Code. - 60 ILCS 1, Section 125-5
  Power to issue park bonds; park size. (a) For the purpose of promoting the health and welfare of its citizens, a township may issue...
• Illinois Township Code. - 60 ILCS 1, Section 125-10
  Petition and referendum. (a) Legal voters of a township numbering no less than 5% or 50, whichever is greater, of the registered voters of the...
• Illinois Township Code. - 60 ILCS 1, Section 125-12
  Public hearing following referendum approval. (a) Before the bonds shall be sold, the township board shall hold at least one public hearing on the subject...
• Illinois Township Code. - 60 ILCS 1, Section 125-15
  Supervisor's and clerk's certificate; tax; board of park commissioners. (a) The bonds shall be sold, and the proceeds shall be used, solely for the purpose...
• Illinois Township Code. - 60 ILCS 1, Section 125-20
  Use of bond proceeds. The proceeds of the bonds shall be received and held by the township supervisor but shall be expended under the direction...
• Illinois Township Code. - 60 ILCS 1, Section 125-25
  Supplementary power. This Article does not repeal any prior Acts passed by the General Assembly regarding the issuance of bonds for park purposes but...

Last modified: February 18, 2015