Illinois Compiled Statutes 620 ILCS 45 County Airport Law of 1943. Section 15

    (620 ILCS 45/15) (from Ch. 15 1/2, par. 98)

    Sec. 15. If, in the case of bonds the final maturity date of which is beyond said maturity limitation heretofore mentioned in Section 13, a petition for referendum with the requisite number of signatures is filed within the time as herein provided, then the county board or governing body of a respective taxing district shall order that such proposition be submitted at a regular election and shall certify such order and the proposition to the proper election officials, who shall submit the proposition to the voters at an election in accordance with the general election law. In addition to the requirement of the general election law, the notice of such referendum shall state the bond proposition to be submitted to the voters.

    The proposition shall be in substantially the following form: --------------------------------------------------------------

    Shall

 (naming

 the

 corporate

 authority)

 issue

 bonds

 in

 the

 amount

 of

 $....

 for

 the

 purpose

 of

 constructing

 or

 improving

 an

 airport

 and

 landing

 field,

 heretofore

 designed

 and

 approved

       YES

 by

 the

 Board

 of

 Directors

 of

 the

 airport

 and

 landing

 field

 (naming

 it),

 as

 authorized

 by

 "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

 or

 partly

 within

        NO

 such

 counties,

 and

 to

 provide

 methods

 for

 the

 financing

 thereof",

 enacted

 by

 the

 63rd

 General

 Assembly

 of

 the

 State

 of

 Illinois?--------------------------------------------------------------

(Source: P.A. 81-1489.)

Sections:  Previous  7  7.5  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: February 18, 2015