(405 ILCS 20/11) (from Ch. 91 1/2, par. 311)
Sec. 11. The proposition pursuant to Section 10 shall be in the following form:--------------------------------------------------------------
Shall
the....
(governmental
unit)
issuebonds
to
the
amount
of....
dollars
for
thepurpose
of
enabling
the
governmental
unit
YESto....
(purpose
to
be
stated,
which
shallbe
either
to
provide
buildings
for
or
to
-----------------make
permanent
improvements
in
the
communitymental
health
facilities
including
facilities
NOfor
the
person
with
a
developmentaldisability
or
a
substance
use
disorder)? --------------------------------------------------------------
In case a majority of the votes cast upon the propositions shall be in favor of the issuance of such bonds, the governing body of the governmental unit shall issue the bonds of the governmental unit not exceeding the amount authorized at the referendum. Such bonds shall become due not more than 40 years after their date, shall be in denominations of $100 or any multiple thereof, and shall bear interest, evidenced by coupons, payable semi-annually, as shall be determined by the governing body.
(Source: P.A. 95-336, eff. 8-21-07.)
Sections: Previous 3f 3g 4 5 6 7 8 8.1 8.5 9 10 11 12 13 14 Next
Last modified: February 18, 2015