(620 ILCS 45/13) (from Ch. 15 1/2, par. 96)
Sec. 13. Before any such taxing district shall be authorized to issue bonds, as in this Act provided, having a maturity date later than January first of the second calendar year following the period of years for which such additional tax for an airport and landing field purposes was voted (which January first of such year is hereafter referred to as the "maturity limitation heretofore mentioned"):
The governing body of the taxing district shall adopt a resolution of determination to construct or improve an airport and landing field and shall declare its desire to submit to the voters of the district the proposition to issue bonds for its proportionate share therefor. The resolution and the proposition shall be certified to the proper election officials, who shall submit the proposition to the voters at an election in accordance with the general election law.
The proposition shall be in substantially the following form: --------------------------------------------------------------
Shall
bonds
of
(here
name
taxing
district)
in
the
amount
of........
Dollars
($....)
be
issued
for
the
construction
or
improvement
of
an
airport
and
YES
landing
field
under
the
provisions
of
"An
Act
in
relation
to
the
establishment,
acquisition,
maintenance
and
---------------------------
operation
of
airports
and
landing
fields
by
counties
of
less
than
500,000
population,
and
by
such
counties
jointly
with
certain
taxing
districts
located
within
NO
or
partly
within
such
counties,
and
to
provide
methods
for
the
financing
thereof",
enacted
by
the
Sixty-third
General
Assembly?--------------------------------------------------------------
If a majority of the voters voting upon the proposition vote in favor of the issuance of the bonds, then the taxing district may issue the bonds in the amount specified in the resolution and ballot.
(Source: P.A. 81-1489.)
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Last modified: February 18, 2015