Illinois Code § 70 ILCS 200/170-25

Bonds other than revenue bonds.
Open in Lexace · Ask the AI about this section
No bonds, other than revenue bonds issued pursuant to Section 2-52,
shall be issued by the Authority until the proposition to issue the same
has been submitted to and approved by a majority of the voters of said
metropolitan area voting upon the proposition at a general election in
accordance
with the general election law. The Authority may by resolution order such
proposition submitted at a regular election in accordance with the general
election law, whereupon the recording officer shall certify the resolution
and the proposition to the proper election officials for submission. Any
proposition to issue bonds as herein set
forth shall be in substantially the following form:

-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
 
 
Shall bonds of the "Metropolitan
 Exposition, Auditorium and Office YES
 Building Authority" to the amount 
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
 of.... Dollars ($ ) be issued NO
 for the purpose of 
 
 
 
 
 
 
?
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

‹ 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.