(70 ILCS 200/155-35)
Sec. 155-35. Elections; general obligation bonds; form of ballot. No bonds other than revenue bonds issued pursuant to Section 155-25 shall be issued by the Authority until a proposition to issue the same has been submitted to and approved by a majority of the voters of said metropolitan area voting upon the proposition at a general election in accordance with the general election law. The Authority may by resolution order such proposition submitted at a regular election in accordance with the general election law, whereupon the recording officer shall certify the resolution and the proposition to the proper election officials for submission. Any proposition to issue bonds as herein set forth shall be in substantially the following form: --------------------------------------------------------------
Shall
general
obligationbonds
of
the
MattesonMetropolitan
Civic
Center
YESAuthority
to
the
amount
of.....................Dollars($........)
be
issued
for
----------------------------the
purpose
of
.............and
shall
annual
taxes
beauthorized
to
be
levied
NOon
all
taxable
propertywithin
the
metropolitan
areato
pay
such
bond?--------------------------------------------------------------
(Source: P.A. 90-328, eff. 1-1-98.)
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Last modified: February 18, 2015