Illinois Code § 70 ILCS 1805/26

Regular meetings of the Board shall be held at least once in each
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calendar month, the time and place of meetings to be fixed by the Board.
All members of the Board must be present in person to constitute a quorum
for the transaction of business. All action of the Board shall be by
ordinance or resolution. The affirmative vote of at least 2 members shall
be necessary for the adoption of any ordinance or resolution. All
ordinances and resolutions before taking effect shall be approved and
signed by the chairman of the Board.

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