Illinois Compiled Statutes 70 ILCS 200 Civic Center Code. Section 155-35

    (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.)

Sections:  Previous  155-10  155-15  155-17  155-18  155-20  155-25  155-30  155-32  155-35  155-40  155-45  155-50  155-55  155-60  155-65  Next

Last modified: February 18, 2015