(620 ILCS 50/56) (from Ch. 15 1/2, par. 160)
Sec. 56. The County Airport Commission may combine its request for any two or all of the means of financing the proposed undertaking in a single resolution if it deems it necessary and desirable to do so, and in case such request covers the levying of a tax and the issuance of bonds with the levy of an additional tax to pay principal and interest thereon, the proposition shall be in substantially the following form: --------------------------------------------------------------
Airports
Shall
an
annual
tax
of
(here
insert
rate)
mill(s)
on
the
dollar
of
all
the
taxable
property
of
(here
YES
name
County)
be
levied
for
airport
purposes
and
shall
county
bonds
for
airport
-----------------------------
purposes
be
issued
to
the
amount
of
$........
and
an
additional
tax
levied
for
the
payment
of
interest
and
NO
principal
of
such
bonds
all
as
specified
in
"County
Airport
Commission
Request"?--------------------------------------------------------------
If the county board within 65 days after the receipt of a request or requests as aforesaid, does not act favorably upon a request or its alternate, the resolution accompanying such request shall be considered in full force and effect and to the same extent as if it were adopted by the county board, when a petition has been filed in the office of the county clerk signed by 10% of the voters of such county, provided the petition states that it is the desire of the signers thereof that the resolution accompanying County Airport Commission Request --, become effective.
No request shall be withdrawn by the Commission for a period of 90 days following the transmittal thereof to the county board, nor after the adoption of the resolution by the county board or by petition as herein provided. All such resolutions shall be without effect unless adopted within 18 months after being presented to the county board. The same question shall be submitted to a vote only once in each calendar year.
(Source: P.A. 81-1489.)
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Last modified: February 18, 2015