Illinois Code § 620 ILCS 50/56

The County Airport Commission may combine its request for
Open in Lexace · Ask the AI about this section
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No request shall be withdrawn by the Commission for a period of 90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.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.