Illinois Compiled Statutes 70 Special Districts: Article VI - Letting Contracts, Indebtedness, Borrowing And Handling Funds

• Illinois Drainage Code. - 70 ILCS 605, Section 6-1
  Advertising for Bids on Construction Work and Purchases. Whenever the cost of any work to be performed by the district or the cost of any...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-2
  Emergency work-Waiver of requirement for bids. The provisions of Section 6-1 shall not apply to the performance of work by the district in the...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-3
  Interest of commissioner in contracts forbidden. No commissioner shall be interested, directly or indirectly, in any contract for the performance of any work by...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-4
  Contracts with highway authorities or railroads for construction, maintenance and use of levees. The commissioners may contract with highway authorities or with any person,...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-4.1
  Bikeways and trails. A district may use its established funds, personnel, and other resources to acquire, construct, operate, and maintain bikeways and trails. Districts...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-5
  Power to incur indebtedness. The commissioners may incur indebtedness in excess of uncollected assessments and funds on hand or otherwise available only for: (a)...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-6
  Bonds and notes-Interest-Lien. The commissioners may, without court approval, borrow money to an amount not exceeding 90% of the amount of assessments, or one...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-7
  Borrowing in excess of 90% of unpaid assessments. The commissioners for good cause shown may borrow money in an amount exceeding 90% of any...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-8
  Notes and bonds-Resolution-Register-Calling prior to maturity. The commissioners shall, by proper resolution, determine the form of the notes or bonds to be issued, together...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-9
  Borrowing against annual maintenance assessment. Whenever an annual maintenance assessment has been confirmed in a district and there are not sufficient funds on hand...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-10
  Extending payment of assessments-Refunding bonds. The time of payment of any assessment or any installment thereof may be extended, in whole or in part,...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-11
  Extending payment of assessments-Notice. When a petition is filed as provided in Section 6-10, the court shall fix the date and hour for hearing....
• Illinois Drainage Code. - 70 ILCS 605, Section 6-12
  Extending payment of assessments - Hearing - Order. The court shall hear such petition and make such order as it deems proper. The court...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-13
  Extending payment of assessments-Withdrawal of delinquent assessments- Release of forfeited lands. Whenever the time of payment of any assessment, installment or portion thereof has...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-14
  Depository for district funds. Upon request by the treasurer, the commissioners shall designate one or more banks or savings and loan associations as the...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-15
  Paying out district funds. The treasurer shall pay out district funds only upon a written order signed by a majority of the commissioners, or...
• Illinois Drainage Code. - 70 ILCS 605, Section 6-16
  Treasurer's Account. The treasurer shall keep an accurate account of all moneys received and disbursed, and on or before the 1st day of November...

Last modified: February 18, 2015