65 ILCS 5/ Illinois Municipal Code.

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65 ILCS 5/11-23-15

(65 ILCS 5/11-23-15) (from Ch. 24, par. 11-23-15)

Sec. 11-23-15.

Revenue bonds issued on or after March 1, 1965 under
Sections 11-23-13 and 11-23-14 may be redeemed by the municipality issuing
them on such terms, at such time, upon such notice and with or without
premium all as may be provided in the ordinance authorizing them.

Revenue bonds issued prior to March 1, 1965 under Sections 11-23-13 and
11-23-14 may be redeemed on any interest-paying date, by proceeding as
follows: (1) a written notice shall be mailed to the holder of such bond 30
days prior to an interest-paying date, notifying the holder that the bond
will be redeemed on the next interest-paying date; or (2) if the holder of
such bond is unknown, then a notice describing the bond to be redeemed and
the date of its redemption shall be published 30 days prior to an
interest-paying date in one or more newspapers published in the city, or,
if no newspaper is published therein, then in one or more newspapers having
a general circulation within the city. When notice has been mailed to the
holder of such bond, or when notice has been published in a newspaper in
case the holder of the bond is unknown, the bond shall cease bearing
interest from and after the next interest-paying date.

(Source: Laws 1965, p. 13.)

65 ILCS 5/Art. 11 Div. 24

(65 ILCS 5/Art. 11 Div. 24 heading) DIVISION 24.

IMPROVEMENT OF CERTAIN HOSPITALS

IN CITIES OF LESS THAN 100,000