Illinois Code § 70 ILCS 1205/13-3

If two-thirds of the votes cast on the proposition are in favor of the
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proposal to dissolve the district, the district is dissolved. If the
proposal that the district be dissolved fails to receive the affirmative
vote of two-thirds of those voting upon the proposal, the board of the
district shall proceed with the affairs of the district as though the
election had never been held. After a defeat, the proposition shall not
be submitted to a vote for a period of 2 years.

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