Illinois Code § 50 ILCS 30/8

Each Exhibition Council has the continuing power to borrow money
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and issue either general obligation bonds after approval by referendum as
hereinafter provided or revenue bonds without referendum approval as
hereinafter provided for the purpose of acquiring, constructing,
reconstructing, extending or improving any Council facilities, and for
acquiring any property and equipment useful for the construction,
reconstruction, extension, improvement or operation of such facilities, and
for acquiring necessary cash working funds.

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