Illinois Compiled Statutes 30 Finance: Article -

• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 1
  This Act shall be known and may be cited as the Metropolitan Civic Center Support Act. (Source: P.A. 76-2030.)
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 2
  When used in this Act: "Authority" means the River Forest Metropolitan Exposition, Auditorium and Office Building Authority, the Village Board of Trustees of the Village...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 3
  There is hereby created the Metropolitan Exposition, Auditorium and Office Building Fund in the State Treasury, into which shall be paid the proceeds of...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 4
  Moneys will be committed and distributed from the MEAOB Fund in the following manner: (1) Any Authority desiring to make application for financial support...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 5
  To the extent that moneys in the MEAOB Fund, in the opinion of the Governor and the Director of the Governor's Office of Management and...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 6
  Annual statements of assets and expenses and annual audit reports shall be submitted to the Department and to the Legislative Audit Commission by each Authority...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 7
  The Department before July 1, 1989 and the Bureau (now Office) on and after July 1, 1989 are authorized to issue and sell Bonds in...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 8
  An amount necessary to pay the reasonable cost of each issuance and sale of Bonds authorized and sold pursuant to Section 7 of this...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 9
  (a) Prior to July 1, 1989, Bonds shall be issued and sold from time to time in such amounts as directed by the Director...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 10
  Bonds shall be executed by the Director or the Budget Director, as the case may be, and attested by the Secretary of State and...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 11
  Bonds shall be sold from time to time pursuant to advertised notice of sale and public bid or by negotiated sale at such price...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 12
  Proceeds from the sale of Bonds shall be deposited in a separate fund in the State Treasury known as the Illinois Civic Center Bond...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 13
  The proceeds from the sale of Bonds issued pursuant to this Act to be deposited into advance refunding, debt service or reserve funds as...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 14
  (a) To provide for the manner of repayment of Bonds, the Governor shall include an appropriation in each annual State Budget of monies in such...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 15
  (a) Upon each delivery of Bonds authorized to be issued under this Act, the Comptroller shall compute and certify to the Treasurer the total...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 16
  (a) All Bonds issued in accordance with this Act shall be direct, limited obligations of the State of Illinois payable solely from and secured...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 17
  If the State fails to pay the principal of or interest on any of the Bonds or premium, if any, as the same become...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 18
  The State of Illinois irrevocably covenants and agrees with the holders of Bonds issued pursuant to this Act that the State will not limit...
• Illinois Metropolitan Civic Center Support Act. - 30 ILCS 355, Section 19
  Annual payments of principal and interest; local option. (a) If the State has issued its bonds pursuant to Section 7 of this Act on behalf...

Last modified: February 18, 2015