(70 ILCS 410/15.5) (from Ch. 96 1/2, par. 7121)
Sec. 15.5.
Bonds issued pursuant to Sections 15.2 through 15.9 of this Act shall be
payable solely from the revenues derived from the operation of the
recreational facility or facilities or any combination thereof constructed,
equipped, extended or improved in whole or in part with the proceeds of
such bonds so issued for the facility or facilities and shall not in any
event constitute an indebtedness of the district within the meaning of any
constitutional or statutory limitation. It shall be stated on the face of
each such bond that the bond has been issued pursuant to Sections 15.2
through 15.9 of this Act, that it is payable solely from the revenues
derived from the operation of such facility or facilities or any
combination thereof constructed, equipped, extended or improved in whole or
in part with the proceeds of such bonds so issued for the facility or
facilities and that it does not constitute an indebtedness of the district
within any constitutional or statutory limitation.
(Source: P.A. 77-1330.)
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