Illinois Code § 65 ILCS 5/11-74-12

It is not necessary for any municipality proceeding under this Division
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74 to obtain any certificate of convenience or necessity, franchise,
license, permit, or other authorization from any bureau, board, commission,
or other lay instrumentality of this State in order to acquire, construct,
purchase, reconstruct, improve, better or extend any industrial project or
for the issuance of bonds in connection therewith.

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