(55 ILCS 5/5-25022) (from Ch. 34, par. 5-25022)
Sec. 5-25022.
Form of proposition.
The proposition pursuant to
Section 5-25021 shall be in substantially the following form:
--------------------------------------------------------------------------------------------------------------------- Shall.... county issue bondsto the amount of.... dollars for the YESpurpose of enabling the county to....(purpose to be stated, which shall be --------------------------------------------------------------------either to provide buildings for or tomake permanent improvements in the NOcommunity health facilities)?---------------------------------------------------------------------------------------------------------------------
In case a majority of the votes cast upon the propositions shall be
in favor of the issuance of such bonds, the county board shall issue the
bonds not exceeding the amount authorized at the referendum. Such bonds
shall become due not more than 20 years after their date, shall be in
denominations of $100 or any multiple thereof, and shall bear interest,
evidenced by coupons, at a rate not exceeding the maximum rate authorized
by the Bond Authorization Act, as amended at the time of the making of the
contract, payable semi-annually, as shall be determined by the county board.
With respect to instruments for the payment of money issued under this
Section or its predecessor either before, on, or after the effective date
of Public Act 86-4, it is and always has been the intention of the General
Assembly (i) that the Omnibus Bond Acts are and always have been
supplementary grants of power to issue instruments in accordance with the
Omnibus Bond Acts, regardless of any provision of this Division or "An Act
in relation to the establishment and maintenance of county and
multiple-county public health departments", approved July 9, 1943, that may
appear to be or to have been more restrictive than those Acts, (ii) that
the provisions of this Section or its predecessor are not a limitation on
the supplementary authority granted by the Omnibus Bond Acts, and (iii)
that instruments issued under this Section or its predecessor within the
supplementary authority granted by the Omnibus Bond Acts are not invalid
because of any provision of this Division or "An Act in relation to the
establishment and maintenance of county and multiple-county public health
departments", approved July 9, 1943, that may appear to be or to have been
more restrictive than those Acts.
(Source: P.A. 86-962; 86-1028.)
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