Full Text of SB0616 96th General Assembly
SB0616sam001 96TH GENERAL ASSEMBLY
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Sen. David Koehler
Filed: 10/14/2009
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LRB096 06682 MJR 29866 a |
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| AMENDMENT TO SENATE BILL 616
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| AMENDMENT NO. ______. Amend Senate Bill 616 by replacing | 3 |
| everything after the enacting clause with the following:
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| "Section 5. The School Code is amended by changing Sections | 5 |
| 17-2.11 and 19-1 as follows:
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| (105 ILCS 5/17-2.11) (from Ch. 122, par. 17-2.11)
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| Sec. 17-2.11. School board power to levy a tax or to borrow | 8 |
| money and
issue bonds for fire prevention, safety, energy | 9 |
| conservation, disabled
accessibility, school security, and | 10 |
| specified repair purposes. | 11 |
| (a) Whenever, as a
result of any lawful order of any | 12 |
| agency,
other than a school board, having authority to enforce | 13 |
| any school building code
applicable to any facility that houses | 14 |
| students, or any law or regulation for
the protection and | 15 |
| safety of the environment, pursuant to the Environmental
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| Protection Act, any school district having a population of less |
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| than 500,000
inhabitants is required to alter or reconstruct | 2 |
| any school building or
permanent, fixed equipment; the district | 3 |
| may, by proper resolution, levy a tax for the purpose of making | 4 |
| such alteration or reconstruction, based on a survey report by | 5 |
| an architect or engineer licensed in this State, upon all of | 6 |
| the taxable property of the district at the value as assessed | 7 |
| by the Department of Revenue and at a rate not to exceed 0.05% | 8 |
| per year for a period sufficient to finance such alteration or | 9 |
| reconstruction, upon the following conditions: | 10 |
| (1) When there are not sufficient funds available in | 11 |
| the operations and maintenance fund of the school district, | 12 |
| the school facility occupation tax fund of the district, or | 13 |
| the fire prevention and safety fund of the district, as | 14 |
| determined by the district on the basis of rules adopted by | 15 |
| the State Board of Education, to make such alteration or | 16 |
| reconstruction or to purchase and install such permanent, | 17 |
| fixed equipment so ordered or determined as necessary. | 18 |
| Appropriate school district records must be made available | 19 |
| to the State Superintendent of Education, upon request, to | 20 |
| confirm this insufficiency. | 21 |
| (2) When a certified estimate of an architect or | 22 |
| engineer licensed in this State stating the estimated | 23 |
| amount necessary to make the alteration or reconstruction | 24 |
| or to purchase and install the equipment so ordered has | 25 |
| been secured by the school district, and the estimate has | 26 |
| been approved by the regional superintendent of schools |
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| having jurisdiction over the district and the State | 2 |
| Superintendent of Education. Approval must not be granted | 3 |
| for any work that has already started without the prior | 4 |
| express authorization of the State Superintendent of | 5 |
| Education. If the estimate is not approved or is denied | 6 |
| approval by the regional superintendent of schools within 3 | 7 |
| months after the date on which it is submitted to him or | 8 |
| her, the school board of the district may submit the | 9 |
| estimate directly to the State Superintendent of Education | 10 |
| for approval or denial. | 11 |
| In the case of an emergency situation, where the estimated | 12 |
| cost to effectuate emergency repairs is less than the amount | 13 |
| specified in Section 10-20.21 of this Code, the school district | 14 |
| may proceed with such repairs prior to approval by the State | 15 |
| Superintendent of Education, but shall comply with the | 16 |
| provisions of subdivision (2) of this subsection (a) as soon | 17 |
| thereafter as may be as well as Section 10-20.21 of this Code. | 18 |
| If the estimated cost to effectuate emergency repairs is | 19 |
| greater than the amount specified in Section 10-20.21 of this | 20 |
| Code, then the school district shall proceed in conformity with | 21 |
| Section 10-20.21 of this Code and with rules established by the | 22 |
| State Board of Education to address such situations. The rules | 23 |
| adopted by the State Board of Education to deal with these | 24 |
| situations shall stipulate that emergency situations must be | 25 |
| expedited and given priority consideration. For purposes of | 26 |
| this paragraph, an emergency is a situation that presents an |
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| imminent and continuing threat to the health and safety of | 2 |
| students or other occupants of a facility, requires complete or | 3 |
| partial evacuation of a building or part of a building, or | 4 |
| consumes one or more of the 5 emergency days built into the | 5 |
| adopted calendar of the school or schools or would otherwise be | 6 |
| expected to cause such school or schools to fall short of the | 7 |
| minimum school calendar requirements. | 8 |
| (b) Whenever any such district determines that
it is | 9 |
| necessary for energy conservation purposes that any school | 10 |
| building
or permanent, fixed equipment should be altered or | 11 |
| reconstructed and
that such alterations or reconstruction will | 12 |
| be made with funds not necessary
for the completion of approved | 13 |
| and recommended projects contained in any safety
survey report | 14 |
| or amendments thereto authorized by Section 2-3.12 of this Act; | 15 |
| the district may levy a tax or issue bonds as provided in | 16 |
| subsection (a) of this Section. | 17 |
| (c) Whenever
any such district determines that it is | 18 |
| necessary for disabled accessibility purposes and to comply | 19 |
| with the school building
code that any
school building or | 20 |
| equipment should be altered or reconstructed and that such
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| alterations or reconstruction will be made with
funds not | 22 |
| necessary for the completion of approved and recommended | 23 |
| projects
contained in any safety survey report or amendments | 24 |
| thereto authorized under
Section 2-3.12 of this Act, the | 25 |
| district may levy a tax or issue bonds as provided in | 26 |
| subsection (a) of this Section. |
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| (d) Whenever any such district determines that it is
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| necessary for school
security purposes and the related | 3 |
| protection and safety of pupils and school
personnel that any | 4 |
| school building or property should be altered or
reconstructed | 5 |
| or that security systems and equipment (including but not | 6 |
| limited
to intercom, early detection and warning, access | 7 |
| control and television
monitoring systems) should be purchased | 8 |
| and installed, and that such
alterations, reconstruction or | 9 |
| purchase and installation of equipment will be
made with funds | 10 |
| not necessary for the completion of approved and recommended
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| projects contained in any safety survey report or amendment | 12 |
| thereto authorized
by Section 2-3.12 of this Act and will deter | 13 |
| and prevent unauthorized entry or
activities upon school | 14 |
| property by unknown or dangerous persons, assure early
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| detection and advance warning of any such actual or attempted | 16 |
| unauthorized
entry or activities and help assure the continued | 17 |
| safety of pupils and school
staff if any such unauthorized | 18 |
| entry or activity is attempted or occurs;
the district may levy | 19 |
| a tax or issue bonds as provided in subsection (a) of this | 20 |
| Section. | 21 |
| (e) If a school district does not need funds for other fire | 22 |
| prevention and
safety projects, including the completion of | 23 |
| approved and recommended projects
contained in any safety | 24 |
| survey report or amendments thereto authorized by
Section | 25 |
| 2-3.12 of this Act, and it is determined after a public hearing | 26 |
| (which
is preceded by at least one published notice (i) |
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| occurring at least 7 days
prior to the hearing in a newspaper | 2 |
| of general circulation within the school
district and (ii) | 3 |
| setting forth the time, date, place, and general subject
matter | 4 |
| of the hearing) that there is a
substantial, immediate, and | 5 |
| otherwise unavoidable threat to the health, safety,
or welfare | 6 |
| of pupils due to disrepair of school sidewalks, playgrounds, | 7 |
| parking
lots, or school bus turnarounds and repairs must be | 8 |
| made; then the district may levy a tax or issue bonds as | 9 |
| provided in subsection (a) of this Section.
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| (f) For purposes of this Section a school district may | 11 |
| replace a school
building or build additions to replace | 12 |
| portions of a building when it is
determined that the | 13 |
| effectuation of the recommendations for the existing
building | 14 |
| will cost more than the replacement costs to be paid for from | 15 |
| the proceeds of bonds issued pursuant to this Section . Such | 16 |
| determination shall
be based on a comparison of estimated costs | 17 |
| made by an architect or engineer
licensed in the State of | 18 |
| Illinois. The portion of the new building or addition paid for | 19 |
| from the proceeds of bonds issued pursuant to this Section | 20 |
| shall not exceed the be
equivalent in area (square feet) of the | 21 |
| buildings or additions being replaced, shall be and comparable | 22 |
| in purpose and grades served ,
and may be on the same site or | 23 |
| another site. Such replacement may only be done
upon order of | 24 |
| the regional superintendent of schools and the approval of the
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| State Superintendent of Education.
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| (g) The filing of a certified copy of the resolution |
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| levying the tax when
accompanied by the certificates of the | 2 |
| regional superintendent of schools and
State Superintendent of | 3 |
| Education shall be the authority of the county clerk to
extend | 4 |
| such tax.
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| (h) The county clerk of the county in which any school | 6 |
| district levying a
tax under the authority of this Section is | 7 |
| located, in reducing raised
levies, shall not consider any such | 8 |
| tax as a part of the general levy
for school purposes and shall | 9 |
| not include the same in the limitation of
any other tax rate | 10 |
| which may be extended.
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| Such tax shall be levied and collected in like manner as | 12 |
| all other
taxes of school districts, subject to the provisions | 13 |
| contained in this Section.
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| (i) The tax rate limit specified in this Section may be | 15 |
| increased to .10%
upon the approval of a proposition to effect | 16 |
| such increase by a majority
of the electors voting on that | 17 |
| proposition at a regular scheduled election.
Such proposition | 18 |
| may be initiated by resolution of the school board and
shall be | 19 |
| certified by the secretary to the proper election authorities | 20 |
| for
submission in accordance with the general election law.
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| (j) When taxes are levied by any school district for fire | 22 |
| prevention,
safety, energy conservation, and school security | 23 |
| purposes as specified in this
Section, and the purposes for | 24 |
| which the taxes have been
levied are accomplished and paid in | 25 |
| full, and there remain funds on hand in
the Fire Prevention and | 26 |
| Safety Fund from the proceeds of the taxes levied,
including |
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| interest earnings thereon, the school board by resolution shall | 2 |
| use
such excess and other board restricted funds, excluding | 3 |
| bond proceeds and
earnings from such proceeds, as follows: | 4 |
| (1) for other authorized fire prevention,
safety, | 5 |
| energy conservation, and school security purposes;
or | 6 |
| (2) for transfer to the Operations and Maintenance Fund
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| for the purpose of abating an equal amount of operations | 8 |
| and maintenance
purposes taxes. | 9 |
| (k) If any transfer is made to the Operation and | 10 |
| Maintenance
Fund, the secretary of the school board shall | 11 |
| within 30 days notify
the county clerk of the amount of that | 12 |
| transfer and direct the clerk to
abate the taxes to be extended | 13 |
| for the purposes of operations and
maintenance authorized under | 14 |
| Section 17-2 of this Act by an amount equal
to such transfer.
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| (l) If the proceeds from the tax levy authorized by this
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| Section are insufficient to complete the work approved under | 17 |
| this
Section, the school board is authorized to sell bonds | 18 |
| without referendum
under the provisions of this Section in an | 19 |
| amount that, when added to the
proceeds of the tax levy | 20 |
| authorized by this Section, will allow completion
of the | 21 |
| approved work.
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| (m) Any bonds issued pursuant to this Section shall bear | 23 |
| interest at a rate not to exceed the maximum rate
authorized by | 24 |
| law at the time of the making of the contract, shall mature
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| within 20 years from date, and shall be signed by the president | 26 |
| of the school
board and the treasurer of the school district.
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| (n) In order to authorize and issue such bonds, the school | 2 |
| board shall adopt
a resolution fixing the amount of bonds, the | 3 |
| date thereof, the maturities
thereof, rates of interest | 4 |
| thereof, place of payment and denomination,
which shall be in | 5 |
| denominations of not less than $100 and not more than
$5,000, | 6 |
| and provide for the levy and collection of a direct annual tax | 7 |
| upon
all the taxable property in the school district sufficient | 8 |
| to pay the
principal and interest on such bonds to maturity. | 9 |
| Upon the filing in the
office of the county clerk of the county | 10 |
| in which the school district is
located of a certified copy of | 11 |
| the resolution, it is the duty of the
county clerk to extend | 12 |
| the tax therefor in addition to and in excess of all
other | 13 |
| taxes heretofore or hereafter authorized to be
levied by such | 14 |
| school district.
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| (o) After the time such bonds are issued as provided for by | 16 |
| this Section, if
additional alterations or reconstructions are | 17 |
| required to be made because
of surveys conducted by an | 18 |
| architect or engineer licensed in the State of
Illinois, the | 19 |
| district may levy a tax at a rate not to exceed .05% per year
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| upon all the taxable property of the district or issue | 21 |
| additional bonds,
whichever action shall be the most feasible.
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| (p) This Section is cumulative and constitutes complete | 23 |
| authority for the
issuance of bonds as provided in this Section | 24 |
| notwithstanding any other
statute or law to the contrary.
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| (q) With respect to instruments for the payment of money | 26 |
| issued under this
Section either before, on, or after the |
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| effective date of Public Act 86-004
(June 6, 1989), it is, and | 2 |
| always has been, the intention of the General
Assembly (i) that | 3 |
| the Omnibus Bond Acts are, and always have been,
supplementary | 4 |
| grants of power to issue instruments in accordance with the
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| Omnibus Bond Acts, regardless of any provision of this Act that | 6 |
| may appear
to be or to have been more restrictive than those | 7 |
| Acts, (ii) that the
provisions of this Section are not a | 8 |
| limitation on the supplementary
authority granted by the | 9 |
| Omnibus Bond Acts, and (iii) that instruments
issued under this | 10 |
| Section within the supplementary authority granted by the
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| Omnibus Bond Acts are not invalid because of any provision of | 12 |
| this Act that
may appear to be or to have been more restrictive | 13 |
| than those Acts.
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| (r) When the purposes for which the bonds are issued have | 15 |
| been accomplished
and paid for in full and there remain funds | 16 |
| on hand from the proceeds of
the bond sale and interest | 17 |
| earnings therefrom, the board shall, by
resolution, use such | 18 |
| excess funds in accordance with the provisions of
Section | 19 |
| 10-22.14 of this Act.
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| (s) Whenever any tax is levied or bonds issued for fire | 21 |
| prevention, safety,
energy conservation, and school security | 22 |
| purposes, such proceeds shall be
deposited and accounted for | 23 |
| separately within the Fire Prevention and Safety
Fund.
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| (Source: P.A. 95-675, eff. 10-11-07; 95-793, eff. 1-1-09; | 25 |
| 96-252, eff. 8-11-09.)
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| (105 ILCS 5/19-1)
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| Sec. 19-1. Debt limitations of school districts.
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| (a) School districts shall not be subject to the provisions | 4 |
| limiting their
indebtedness prescribed in "An Act to limit the | 5 |
| indebtedness of counties having
a population of less than | 6 |
| 500,000 and townships, school districts and other
municipal | 7 |
| corporations having a population of less than 300,000", | 8 |
| approved
February 15, 1928, as amended.
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| No school districts maintaining grades K through 8 or 9 | 10 |
| through 12
shall become indebted in any manner or for any | 11 |
| purpose to an amount,
including existing indebtedness, in the | 12 |
| aggregate exceeding 6.9% on the
value of the taxable property | 13 |
| therein to be ascertained by the last assessment
for State and | 14 |
| county taxes or, until January 1, 1983, if greater, the sum | 15 |
| that
is produced by multiplying the school district's 1978 | 16 |
| equalized assessed
valuation by the debt limitation percentage | 17 |
| in effect on January 1, 1979,
previous to the incurring of such | 18 |
| indebtedness.
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| No school districts maintaining grades K through 12 shall | 20 |
| become
indebted in any manner or for any purpose to an amount, | 21 |
| including
existing indebtedness, in the aggregate exceeding | 22 |
| 13.8% on the value of
the taxable property therein to be | 23 |
| ascertained by the last assessment
for State and county taxes | 24 |
| or, until January 1, 1983, if greater, the sum that
is produced | 25 |
| by multiplying the school district's 1978 equalized assessed
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| valuation by the debt limitation percentage in effect on |
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| January 1, 1979,
previous to the incurring of such | 2 |
| indebtedness.
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| No partial elementary unit district, as defined in Article | 4 |
| 11E of this Code, shall become indebted in any manner or for | 5 |
| any purpose in an amount, including existing indebtedness, in | 6 |
| the aggregate exceeding 6.9% of the value of the taxable | 7 |
| property of the entire district, to be ascertained by the last | 8 |
| assessment for State and county taxes, plus an amount, | 9 |
| including existing indebtedness, in the aggregate exceeding | 10 |
| 6.9% of the value of the taxable property of that portion of | 11 |
| the district included in the elementary and high school | 12 |
| classification, to be ascertained by the last assessment for | 13 |
| State and county taxes. Moreover, no partial elementary unit | 14 |
| district, as defined in Article 11E of this Code, shall become | 15 |
| indebted on account of bonds issued by the district for high | 16 |
| school purposes in the aggregate exceeding 6.9% of the value of | 17 |
| the taxable property of the entire district, to be ascertained | 18 |
| by the last assessment for State and county taxes, nor shall | 19 |
| the district become indebted on account of bonds issued by the | 20 |
| district for elementary purposes in the aggregate exceeding | 21 |
| 6.9% of the value of the taxable property for that portion of | 22 |
| the district included in the elementary and high school | 23 |
| classification, to be ascertained by the last assessment for | 24 |
| State and county taxes.
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| Notwithstanding the provisions of any other law to the | 26 |
| contrary, in any
case in which the voters of a school district |
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| have approved a proposition
for the issuance of bonds of such | 2 |
| school district at an election held prior
to January 1, 1979, | 3 |
| and all of the bonds approved at such election have
not been | 4 |
| issued, the debt limitation applicable to such school district
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| during the calendar year 1979 shall be computed by multiplying | 6 |
| the value
of taxable property therein, including personal | 7 |
| property, as ascertained
by the last assessment for State and | 8 |
| county taxes, previous to the incurring
of such indebtedness, | 9 |
| by the percentage limitation applicable to such school
district | 10 |
| under the provisions of this subsection (a).
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| (b) Notwithstanding the debt limitation prescribed in | 12 |
| subsection (a)
of this Section, additional indebtedness may be | 13 |
| incurred in an amount
not to exceed the estimated cost of | 14 |
| acquiring or improving school sites
or constructing and | 15 |
| equipping additional building facilities under the
following | 16 |
| conditions:
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| (1) Whenever the enrollment of students for the next | 18 |
| school year is
estimated by the board of education to | 19 |
| increase over the actual present
enrollment by not less | 20 |
| than 35% or by not less than 200 students or the
actual | 21 |
| present enrollment of students has increased over the | 22 |
| previous
school year by not less than 35% or by not less | 23 |
| than 200 students and
the board of education determines | 24 |
| that additional school sites or
building facilities are | 25 |
| required as a result of such increase in
enrollment; and
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| (2) When the Regional Superintendent of Schools having |
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| jurisdiction
over the school district and the State | 2 |
| Superintendent of Education
concur in such enrollment | 3 |
| projection or increase and approve the need
for such | 4 |
| additional school sites or building facilities and the
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| estimated cost thereof; and
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| (3) When the voters in the school district approve a | 7 |
| proposition for
the issuance of bonds for the purpose of | 8 |
| acquiring or improving such
needed school sites or | 9 |
| constructing and equipping such needed additional
building | 10 |
| facilities at an election called and held for that purpose.
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| Notice of such an election shall state that the amount of | 12 |
| indebtedness
proposed to be incurred would exceed the debt | 13 |
| limitation otherwise
applicable to the school district. | 14 |
| The ballot for such proposition
shall state what percentage | 15 |
| of the equalized assessed valuation will be
outstanding in | 16 |
| bonds if the proposed issuance of bonds is approved by
the | 17 |
| voters; or
| 18 |
| (4) Notwithstanding the provisions of paragraphs (1) | 19 |
| through (3) of
this subsection (b), if the school board | 20 |
| determines that additional
facilities are needed to | 21 |
| provide a quality educational program and not
less than 2/3 | 22 |
| of those voting in an election called by the school board
| 23 |
| on the question approve the issuance of bonds for the | 24 |
| construction of
such facilities, the school district may | 25 |
| issue bonds for this
purpose; or
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| (5) Notwithstanding the provisions of paragraphs (1) |
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| through (3) of this
subsection (b), if (i) the school | 2 |
| district has previously availed itself of the
provisions of | 3 |
| paragraph (4) of this subsection (b) to enable it to issue | 4 |
| bonds,
(ii) the voters of the school district have not | 5 |
| defeated a proposition for the
issuance of bonds since the | 6 |
| referendum described in paragraph (4) of this
subsection | 7 |
| (b) was held, (iii) the school board determines that | 8 |
| additional
facilities are needed to provide a quality | 9 |
| educational program, and (iv) a
majority of those voting in | 10 |
| an election called by the school board on the
question | 11 |
| approve the issuance of bonds for the construction of such | 12 |
| facilities,
the school district may issue bonds for this | 13 |
| purpose.
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| In no event shall the indebtedness incurred pursuant to | 15 |
| this
subsection (b) and the existing indebtedness of the school | 16 |
| district
exceed 15% of the value of the taxable property | 17 |
| therein to be
ascertained by the last assessment for State and | 18 |
| county taxes, previous
to the incurring of such indebtedness | 19 |
| or, until January 1, 1983, if greater,
the sum that is produced | 20 |
| by multiplying the school district's 1978 equalized
assessed | 21 |
| valuation by the debt limitation percentage in effect on | 22 |
| January 1,
1979.
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| The indebtedness provided for by this subsection (b) shall | 24 |
| be in
addition to and in excess of any other debt limitation.
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| (c) Notwithstanding the debt limitation prescribed in | 26 |
| subsection (a)
of this Section, in any case in which a public |
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| question for the issuance
of bonds of a proposed school | 2 |
| district maintaining grades kindergarten
through 12 received | 3 |
| at least 60% of the valid ballots cast on the question at
an | 4 |
| election held on or prior to November 8, 1994, and in which the | 5 |
| bonds
approved at such election have not been issued, the | 6 |
| school district pursuant to
the requirements of Section 11A-10 | 7 |
| (now repealed) may issue the total amount of bonds approved
at | 8 |
| such election for the purpose stated in the question.
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| (d) Notwithstanding the debt limitation prescribed in | 10 |
| subsection (a)
of this Section, a school district that meets | 11 |
| all the criteria set forth in
paragraphs (1) and (2) of this | 12 |
| subsection (d) may incur an additional
indebtedness in an | 13 |
| amount not to exceed $4,500,000, even though the amount of
the | 14 |
| additional indebtedness authorized by this subsection (d), | 15 |
| when incurred
and added to the aggregate amount of indebtedness | 16 |
| of the district existing
immediately prior to the district | 17 |
| incurring the additional indebtedness
authorized by this | 18 |
| subsection (d), causes the aggregate indebtedness of the
| 19 |
| district to exceed the debt limitation otherwise applicable to | 20 |
| that district
under subsection (a):
| 21 |
| (1) The additional indebtedness authorized by this | 22 |
| subsection (d) is
incurred by the school district through | 23 |
| the issuance of bonds under and in
accordance with Section | 24 |
| 17-2.11a for the purpose of replacing a school
building | 25 |
| which, because of mine subsidence damage, has been closed | 26 |
| as provided
in paragraph (2) of this subsection (d) or |
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
|
| 1 |
| through the issuance of bonds under
and in accordance with | 2 |
| Section 19-3 for the purpose of increasing the size of,
or | 3 |
| providing for additional functions in, such replacement | 4 |
| school buildings, or
both such purposes.
| 5 |
| (2) The bonds issued by the school district as provided | 6 |
| in paragraph (1)
above are issued for the purposes of | 7 |
| construction by the school district of
a new school | 8 |
| building pursuant to Section 17-2.11, to replace an | 9 |
| existing
school building that, because of mine subsidence | 10 |
| damage, is closed as of the
end of the 1992-93 school year | 11 |
| pursuant to action of the regional
superintendent of | 12 |
| schools of the educational service region in which the
| 13 |
| district is located under Section 3-14.22 or are issued for | 14 |
| the purpose of
increasing the size of, or providing for | 15 |
| additional functions in, the new
school building being | 16 |
| constructed to replace a school building closed as the
| 17 |
| result of mine subsidence damage, or both such purposes.
| 18 |
| (e) (Blank).
| 19 |
| (f) Notwithstanding the provisions of subsection (a) of | 20 |
| this Section or of
any other law, bonds in not to exceed the | 21 |
| aggregate amount of $5,500,000 and
issued by a school district | 22 |
| meeting the following criteria shall not be
considered | 23 |
| indebtedness for purposes of any statutory limitation and may | 24 |
| be
issued in an amount or amounts, including existing | 25 |
| indebtedness, in excess of
any heretofore or hereafter imposed | 26 |
| statutory limitation as to indebtedness:
|
|
|
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| (1) At the time of the sale of such bonds, the board of | 2 |
| education of the
district shall have determined by | 3 |
| resolution that the enrollment of students in
the district | 4 |
| is projected to increase by not less than 7% during each of | 5 |
| the
next succeeding 2 school years.
| 6 |
| (2) The board of education shall also determine by | 7 |
| resolution that the
improvements to be financed with the | 8 |
| proceeds of the bonds are needed because
of the projected | 9 |
| enrollment increases.
| 10 |
| (3) The board of education shall also determine by | 11 |
| resolution that the
projected increases in enrollment are | 12 |
| the result of improvements made or
expected to be made to | 13 |
| passenger rail facilities located in the school
district.
| 14 |
| Notwithstanding the provisions of subsection (a) of this | 15 |
| Section or of any other law, a school district that has availed | 16 |
| itself of the provisions of this subsection (f) prior to July | 17 |
| 22, 2004 (the effective date of Public Act 93-799) may also | 18 |
| issue bonds approved by referendum up to an amount, including | 19 |
| existing indebtedness, not exceeding 25% of the equalized | 20 |
| assessed value of the taxable property in the district if all | 21 |
| of the conditions set forth in items (1), (2), and (3) of this | 22 |
| subsection (f) are met.
| 23 |
| (g) Notwithstanding the provisions of subsection (a) of | 24 |
| this Section or any
other law, bonds in not to exceed an | 25 |
| aggregate amount of 25% of the equalized
assessed value of the | 26 |
| taxable property of a school district and issued by a
school |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| district meeting the criteria in paragraphs (i) through (iv) of | 2 |
| this
subsection shall not be considered indebtedness for | 3 |
| purposes of any statutory
limitation and may be issued pursuant | 4 |
| to resolution of the school board in an
amount or amounts, | 5 |
| including existing indebtedness, in
excess of any statutory | 6 |
| limitation of indebtedness heretofore or hereafter
imposed:
| 7 |
| (i) The bonds are issued for the purpose of | 8 |
| constructing a new high school
building to replace two | 9 |
| adjacent existing buildings which together house a
single | 10 |
| high school, each of which is more than 65 years old, and | 11 |
| which together
are located on more than 10 acres and less | 12 |
| than 11 acres of property.
| 13 |
| (ii) At the time the resolution authorizing the | 14 |
| issuance of the bonds is
adopted, the cost of constructing | 15 |
| a new school building to replace the existing
school | 16 |
| building is less than 60% of the cost of repairing the | 17 |
| existing school
building.
| 18 |
| (iii) The sale of the bonds occurs before July 1, 1997.
| 19 |
| (iv) The school district issuing the bonds is a unit | 20 |
| school district
located in a county of less than 70,000 and | 21 |
| more than 50,000 inhabitants,
which has an average daily | 22 |
| attendance of less than 1,500 and an equalized
assessed | 23 |
| valuation of less than $29,000,000.
| 24 |
| (h) Notwithstanding any other provisions of this Section or | 25 |
| the
provisions of any other law, until January 1, 1998, a | 26 |
| community unit school
district maintaining grades K through 12 |
|
|
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| may issue bonds up to an amount,
including existing | 2 |
| indebtedness, not exceeding 27.6% of the equalized assessed
| 3 |
| value of the taxable property in the district, if all of the | 4 |
| following
conditions are met:
| 5 |
| (i) The school district has an equalized assessed | 6 |
| valuation for calendar
year 1995 of less than $24,000,000;
| 7 |
| (ii) The bonds are issued for the capital improvement, | 8 |
| renovation,
rehabilitation, or replacement of existing | 9 |
| school buildings of the district,
all of which buildings | 10 |
| were originally constructed not less than 40 years ago;
| 11 |
| (iii) The voters of the district approve a proposition | 12 |
| for the issuance of
the bonds at a referendum held after | 13 |
| March 19, 1996; and
| 14 |
| (iv) The bonds are issued pursuant to Sections 19-2 | 15 |
| through 19-7 of this
Code.
| 16 |
| (i) Notwithstanding any other provisions of this Section or | 17 |
| the provisions
of any other law, until January 1, 1998, a | 18 |
| community unit school district
maintaining grades K through 12 | 19 |
| may issue bonds up to an amount, including
existing | 20 |
| indebtedness, not exceeding 27% of the equalized assessed value | 21 |
| of the
taxable property in the district, if all of the | 22 |
| following conditions are met:
| 23 |
| (i) The school district has an equalized assessed | 24 |
| valuation for calendar
year 1995 of less than $44,600,000;
| 25 |
| (ii) The bonds are issued for the capital improvement, | 26 |
| renovation,
rehabilitation, or replacement
of existing |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| school buildings of the district, all of which
existing | 2 |
| buildings were originally constructed not less than 80 | 3 |
| years ago;
| 4 |
| (iii) The voters of the district approve a proposition | 5 |
| for the issuance of
the bonds at a referendum held after | 6 |
| December 31, 1996; and
| 7 |
| (iv) The bonds are issued pursuant to Sections 19-2 | 8 |
| through 19-7 of this
Code.
| 9 |
| (j) Notwithstanding any other provisions of this Section or | 10 |
| the
provisions of any other law, until January 1, 1999, a | 11 |
| community unit school
district maintaining grades K through 12 | 12 |
| may issue bonds up to an amount,
including existing | 13 |
| indebtedness, not exceeding 27% of the equalized assessed
value | 14 |
| of the taxable property in the district if all of the following
| 15 |
| conditions are met:
| 16 |
| (i) The school district has an equalized assessed | 17 |
| valuation for calendar
year 1995 of less than $140,000,000 | 18 |
| and a best 3 months
average daily
attendance for the | 19 |
| 1995-96 school year of at least 2,800;
| 20 |
| (ii) The bonds are issued to purchase a site and build | 21 |
| and equip a new
high school, and the school district's | 22 |
| existing high school was originally
constructed not less | 23 |
| than 35
years prior to the sale of the bonds;
| 24 |
| (iii) At the time of the sale of the bonds, the board | 25 |
| of education
determines
by resolution that a new high | 26 |
| school is needed because of projected enrollment
|
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| increases;
| 2 |
| (iv) At least 60% of those voting in an election held
| 3 |
| after December 31, 1996 approve a proposition
for the | 4 |
| issuance of
the bonds; and
| 5 |
| (v) The bonds are issued pursuant to Sections 19-2 | 6 |
| through
19-7 of this Code.
| 7 |
| (k) Notwithstanding the debt limitation prescribed in | 8 |
| subsection (a) of
this Section, a school district that meets | 9 |
| all the criteria set forth in
paragraphs (1) through (4) of | 10 |
| this subsection (k) may issue bonds to incur an
additional | 11 |
| indebtedness in an amount not to exceed $4,000,000 even though | 12 |
| the
amount of the additional indebtedness authorized by this | 13 |
| subsection (k), when
incurred and added to the aggregate amount | 14 |
| of indebtedness of the school
district existing immediately | 15 |
| prior to the school district incurring such
additional | 16 |
| indebtedness, causes the aggregate indebtedness of the school
| 17 |
| district to exceed or increases the amount by which the | 18 |
| aggregate indebtedness
of the district already exceeds the debt | 19 |
| limitation otherwise applicable to
that school district under | 20 |
| subsection (a):
| 21 |
| (1) the school district is located in 2 counties, and a | 22 |
| referendum to
authorize the additional indebtedness was | 23 |
| approved by a majority of the voters
of the school district | 24 |
| voting on the proposition to authorize that
indebtedness;
| 25 |
| (2) the additional indebtedness is for the purpose of | 26 |
| financing a
multi-purpose room addition to the existing |
|
|
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| high school;
| 2 |
| (3) the additional indebtedness, together with the | 3 |
| existing indebtedness
of the school district, shall not | 4 |
| exceed 17.4% of the value of the taxable
property in the | 5 |
| school district, to be ascertained by the last assessment | 6 |
| for
State and county taxes; and
| 7 |
| (4) the bonds evidencing the additional indebtedness | 8 |
| are issued, if at
all, within 120 days of the effective | 9 |
| date of this amendatory Act of 1998.
| 10 |
| (l) Notwithstanding any other provisions of this Section or | 11 |
| the
provisions of any other law, until January 1, 2000, a | 12 |
| school district
maintaining grades kindergarten through 8 may | 13 |
| issue bonds up to an amount,
including existing indebtedness, | 14 |
| not exceeding 15% of the equalized assessed
value of the | 15 |
| taxable property in the district if all of the following
| 16 |
| conditions are met:
| 17 |
| (i) the district has an equalized assessed valuation | 18 |
| for calendar year
1996 of less than $10,000,000;
| 19 |
| (ii) the bonds are issued for capital improvement, | 20 |
| renovation,
rehabilitation, or replacement of one or more | 21 |
| school buildings of the district,
which buildings were | 22 |
| originally constructed not less than 70 years ago;
| 23 |
| (iii) the voters of the district approve a proposition | 24 |
| for the issuance of
the bonds at a referendum held on or | 25 |
| after March 17, 1998; and
| 26 |
| (iv) the bonds are issued pursuant to Sections 19-2 |
|
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| through 19-7 of this
Code.
| 2 |
| (m) Notwithstanding any other provisions of this Section or | 3 |
| the provisions
of
any other law, until January 1, 1999, an | 4 |
| elementary school district maintaining
grades K through 8 may | 5 |
| issue bonds up to an amount, excluding existing
indebtedness, | 6 |
| not exceeding 18% of the equalized assessed value of the | 7 |
| taxable
property in the district, if all of the following | 8 |
| conditions are met:
| 9 |
| (i) The school district has an equalized assessed | 10 |
| valuation for calendar
year 1995 or less than $7,700,000;
| 11 |
| (ii) The school district operates 2 elementary | 12 |
| attendance centers that
until
1976 were operated as the | 13 |
| attendance centers of 2 separate and distinct school
| 14 |
| districts;
| 15 |
| (iii) The bonds are issued for the construction of a | 16 |
| new elementary school
building to replace an existing | 17 |
| multi-level elementary school building of the
school | 18 |
| district that is not handicapped accessible at all levels | 19 |
| and parts of
which were constructed more than 75 years ago;
| 20 |
| (iv) The voters of the school district approve a | 21 |
| proposition for the
issuance of the bonds at a referendum | 22 |
| held after July 1, 1998; and
| 23 |
| (v) The bonds are issued pursuant to Sections 19-2 | 24 |
| through 19-7 of this
Code.
| 25 |
| (n) Notwithstanding the debt limitation prescribed in | 26 |
| subsection (a) of
this Section or any other provisions of this |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| Section or of any other law, a
school district that meets all | 2 |
| of the criteria set forth in paragraphs (i)
through (vi) or | 3 |
| paragraphs (i), (ii), and (iv) of this subsection (n) may incur | 4 |
| additional indebtedness by the
issuance of bonds or the | 5 |
| execution of a lease with a public commission in an amount not | 6 |
| exceeding the amount certified by the
Capital Development Board | 7 |
| to the school district as provided in paragraph (iii)
of
this | 8 |
| subsection (n), even though the amount of the additional | 9 |
| indebtedness so
authorized, when incurred and added to the | 10 |
| aggregate amount of indebtedness of
the district existing | 11 |
| immediately prior to the district incurring the
additional | 12 |
| indebtedness authorized by this subsection (n), causes the | 13 |
| aggregate
indebtedness of the district to exceed the debt | 14 |
| limitation otherwise applicable
by law to that district:
| 15 |
| (i) The school district applies to the State Board of | 16 |
| Education for a
school construction project grant and | 17 |
| submits a district facilities plan in
support
of its | 18 |
| application pursuant to Section 5-20 of
the School | 19 |
| Construction Law.
| 20 |
| (ii) The school district's application and facilities | 21 |
| plan are approved
by,
and the district receives a grant | 22 |
| entitlement for a school construction project
issued by, | 23 |
| the State Board of Education under the School Construction | 24 |
| Law.
| 25 |
| (iii) The school district has exhausted its bonding | 26 |
| capacity or the unused
bonding capacity of the district is |
|
|
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| less than the amount certified by the
Capital Development | 2 |
| Board to the district under Section 5-15 of the School
| 3 |
| Construction Law as the dollar amount of the school | 4 |
| construction project's cost
that the district will be | 5 |
| required to finance with non-grant funds in order to
| 6 |
| receive a school construction project grant under the | 7 |
| School Construction Law.
| 8 |
| (iv) The bonds are issued for a "school construction | 9 |
| project", as that
term is defined in Section 5-5 of the | 10 |
| School Construction Law, in an amount
that does not exceed | 11 |
| the dollar amount certified, as provided in paragraph
(iii) | 12 |
| of this subsection (n), by the Capital Development Board
to | 13 |
| the school
district under Section 5-15 of the School | 14 |
| Construction Law.
| 15 |
| (v) The voters of the district approve a proposition | 16 |
| for the issuance of
the bonds at a referendum held after | 17 |
| the criteria specified in paragraphs (i)
and (iii) of this | 18 |
| subsection (n) are met.
| 19 |
| (vi) The bonds are issued pursuant to Sections 19-2 | 20 |
| through 19-7 of the
School Code. | 21 |
| (vii) The school district will lease the school | 22 |
| construction project from a public building commission | 23 |
| pursuant to the Public Building Commission Act. | 24 |
| The indebtedness incurred on any lease under this | 25 |
| subsection (n) shall not be indebtedness for purposes of any | 26 |
| statutory debt limitation.
|
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| (o) Notwithstanding any other provisions of this Section or | 2 |
| the
provisions of any other law, until November 1, 2007, a | 3 |
| community unit
school district maintaining grades K through 12 | 4 |
| may issue bonds up to
an amount, including existing | 5 |
| indebtedness, not exceeding 20% of the
equalized assessed value | 6 |
| of the taxable property in the district if all of the
following | 7 |
| conditions are met:
| 8 |
| (i) the school district has an equalized assessed | 9 |
| valuation
for calendar year 2001 of at least $737,000,000 | 10 |
| and an enrollment
for the 2002-2003 school year of at least | 11 |
| 8,500;
| 12 |
| (ii) the bonds are issued to purchase school sites, | 13 |
| build and
equip a new high school, build and equip a new | 14 |
| junior high school,
build and equip 5 new elementary | 15 |
| schools, and make technology
and other improvements and | 16 |
| additions to existing schools;
| 17 |
| (iii) at the time of the sale of the bonds, the board | 18 |
| of
education determines by resolution that the sites and | 19 |
| new or
improved facilities are needed because of projected | 20 |
| enrollment
increases;
| 21 |
| (iv) at least 57% of those voting in a general election | 22 |
| held
prior to January 1, 2003 approved a proposition for | 23 |
| the issuance of
the bonds; and
| 24 |
| (v) the bonds are issued pursuant to Sections 19-2 | 25 |
| through
19-7 of this Code.
| 26 |
| (p) Notwithstanding any other provisions of this Section or |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| the provisions of any other law, a community unit school | 2 |
| district maintaining grades K through 12 may issue bonds up to | 3 |
| an amount, including indebtedness, not exceeding 27% of the | 4 |
| equalized assessed value of the taxable property in the | 5 |
| district if all of the following conditions are met: | 6 |
| (i) The school district has an equalized assessed | 7 |
| valuation for calendar year 2001 of at least $295,741,187 | 8 |
| and a best 3 months' average daily attendance for the | 9 |
| 2002-2003 school year of at least 2,394. | 10 |
| (ii) The bonds are issued to build and equip 3 | 11 |
| elementary school buildings; build and equip one middle | 12 |
| school building; and alter, repair, improve, and equip all | 13 |
| existing school buildings in the district. | 14 |
| (iii) At the time of the sale of the bonds, the board | 15 |
| of education determines by resolution that the project is | 16 |
| needed because of expanding growth in the school district | 17 |
| and a projected enrollment increase. | 18 |
| (iv) The bonds are issued pursuant to Sections 19-2 | 19 |
| through 19-7 of this Code.
| 20 |
| (p-5) Notwithstanding any other provisions of this Section | 21 |
| or the provisions of any other law, bonds issued by a community | 22 |
| unit school district maintaining grades K through 12 shall not | 23 |
| be considered indebtedness for purposes of any statutory | 24 |
| limitation and may be issued in an amount or amounts, including | 25 |
| existing indebtedness, in excess of any heretofore or hereafter | 26 |
| imposed statutory limitation as to indebtedness, if all of the |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| 1 |
| following conditions are met: | 2 |
| (i) For each of the 4 most recent years, residential | 3 |
| property comprises more than 80% of the equalized assessed | 4 |
| valuation of the district. | 5 |
| (ii) At least 2 school buildings that were constructed | 6 |
| 40 or more years prior to the issuance of the bonds will be | 7 |
| demolished and will be replaced by new buildings or | 8 |
| additions to one or more existing buildings. | 9 |
| (iii) Voters of the district approve a proposition for | 10 |
| the issuance of the bonds at a regularly scheduled | 11 |
| election. | 12 |
| (iv) At the time of the sale of the bonds, the school | 13 |
| board determines by resolution that the new buildings or | 14 |
| building additions are needed because of an increase in | 15 |
| enrollment projected by the school board. | 16 |
| (v) The principal amount of the bonds, including | 17 |
| existing indebtedness, does not exceed 25% of the equalized | 18 |
| assessed value of the taxable property in the district. | 19 |
| (vi) The bonds are issued prior to January 1, 2007, | 20 |
| pursuant to Sections 19-2 through 19-7 of this Code.
| 21 |
| (p-10) Notwithstanding any other provisions of this | 22 |
| Section or the provisions of any other law, bonds issued by a | 23 |
| community consolidated school district maintaining grades K | 24 |
| through 8 shall not be considered indebtedness for purposes of | 25 |
| any statutory limitation and may be issued in an amount or | 26 |
| amounts, including existing indebtedness, in excess of any |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
|
| 1 |
| heretofore or hereafter imposed statutory limitation as to | 2 |
| indebtedness, if all of the following conditions are met: | 3 |
| (i) For each of the 4 most recent years, residential | 4 |
| and farm property comprises more than 80% of the equalized | 5 |
| assessed valuation of the district. | 6 |
| (ii) The bond proceeds are to be used to acquire and | 7 |
| improve school sites and build and equip a school building. | 8 |
| (iii) Voters of the district approve a proposition for | 9 |
| the issuance of the bonds at a regularly scheduled | 10 |
| election. | 11 |
| (iv) At the time of the sale of the bonds, the school | 12 |
| board determines by resolution that the school sites and | 13 |
| building additions are needed because of an increase in | 14 |
| enrollment projected by the school board. | 15 |
| (v) The principal amount of the bonds, including | 16 |
| existing indebtedness, does not exceed 20% of the equalized | 17 |
| assessed value of the taxable property in the district. | 18 |
| (vi) The bonds are issued prior to January 1, 2007, | 19 |
| pursuant to Sections 19-2 through 19-7 of this Code.
| 20 |
| (p-15) In addition to all other authority to issue bonds, | 21 |
| the Oswego Community Unit School District Number 308 may issue | 22 |
| bonds with an aggregate principal amount not to exceed | 23 |
| $450,000,000, but only if all of the following conditions are | 24 |
| met: | 25 |
| (i) The voters of the district have approved a | 26 |
| proposition for the bond issue at the general election held |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
|
| 1 |
| on November 7, 2006. | 2 |
| (ii) At the time of the sale of the bonds, the school | 3 |
| board determines, by resolution, that: (A) the building and | 4 |
| equipping of the new high school building, new junior high | 5 |
| school buildings, new elementary school buildings, early | 6 |
| childhood building, maintenance building, transportation | 7 |
| facility, and additions to existing school buildings, the | 8 |
| altering, repairing, equipping, and provision of | 9 |
| technology improvements to existing school buildings, and | 10 |
| the acquisition and improvement of school sites, as the | 11 |
| case may be, are required as a result of a projected | 12 |
| increase in the enrollment of students in the district; and | 13 |
| (B) the sale of bonds for these purposes is authorized by | 14 |
| legislation that exempts the debt incurred on the bonds | 15 |
| from the district's statutory debt limitation.
| 16 |
| (iii) The bonds are issued, in one or more bond issues, | 17 |
| on or before November 7, 2011, but the aggregate principal | 18 |
| amount issued in all such bond issues combined must not | 19 |
| exceed $450,000,000.
| 20 |
| (iv) The bonds are issued in accordance with this | 21 |
| Article 19. | 22 |
| (v) The proceeds of the bonds are used only to | 23 |
| accomplish those projects approved by the voters at the | 24 |
| general election held on November 7, 2006. | 25 |
| The debt incurred on any bonds issued under this subsection | 26 |
| (p-15) shall not be considered indebtedness for purposes of any |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
|
| 1 |
| statutory debt limitation.
| 2 |
| (p-20) In addition to all other authority to issue bonds, | 3 |
| the Lincoln-Way Community High School District Number 210 may | 4 |
| issue bonds with an aggregate principal amount not to exceed | 5 |
| $225,000,000, but only if all of the following conditions are | 6 |
| met: | 7 |
| (i) The voters of the district have approved a | 8 |
| proposition for the bond issue at the general primary | 9 |
| election held on March 21, 2006. | 10 |
| (ii) At the time of the sale of the bonds, the school | 11 |
| board determines, by resolution, that: (A) the building and | 12 |
| equipping of the new high school buildings, the altering, | 13 |
| repairing, and equipping of existing school buildings, and | 14 |
| the improvement of school sites, as the case may be, are | 15 |
| required as a result of a projected increase in the | 16 |
| enrollment of students in the district; and (B) the sale of | 17 |
| bonds for these purposes is authorized by legislation that | 18 |
| exempts the debt incurred on the bonds from the district's | 19 |
| statutory debt limitation.
| 20 |
| (iii) The bonds are issued, in one or more bond issues, | 21 |
| on or before March 21, 2011, but the aggregate principal | 22 |
| amount issued in all such bond issues combined must not | 23 |
| exceed $225,000,000.
| 24 |
| (iv) The bonds are issued in accordance with this | 25 |
| Article 19. | 26 |
| (v) The proceeds of the bonds are used only to |
|
|
|
09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
|
| 1 |
| accomplish those projects approved by the voters at the | 2 |
| primary election held on March 21, 2006. | 3 |
| The debt incurred on any bonds issued under this subsection | 4 |
| (p-20) shall not be considered indebtedness for purposes of any | 5 |
| statutory debt limitation.
| 6 |
| (p-25) In addition to all other authority to issue bonds, | 7 |
| Rochester Community Unit School District 3A may issue bonds | 8 |
| with an aggregate principal amount not to exceed $18,500,000, | 9 |
| but only if all of the following conditions are met: | 10 |
| (i) The voters of the district approve a proposition | 11 |
| for the bond issuance at the general primary election held | 12 |
| in 2008.
| 13 |
| (ii) At the time of the sale of the bonds, the school | 14 |
| board determines, by resolution, that: (A) the building and | 15 |
| equipping of a new high school building; the addition of | 16 |
| classrooms and support facilities at the high school, | 17 |
| middle school, and elementary school; the altering, | 18 |
| repairing, and equipping of existing school buildings; and | 19 |
| the improvement of school sites, as the case may be, are | 20 |
| required as a result of a projected increase in the | 21 |
| enrollment of students in the district; and (B) the sale of | 22 |
| bonds for these purposes is authorized by a law that | 23 |
| exempts the debt incurred on the bonds from the district's | 24 |
| statutory debt limitation. | 25 |
| (iii) The bonds are issued, in one or more bond issues, | 26 |
| on or before December 31, 2012, but the aggregate principal |
|
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| amount issued in all such bond issues combined must not | 2 |
| exceed $18,500,000. | 3 |
| (iv) The bonds are issued in accordance with this | 4 |
| Article 19. | 5 |
| (v) The proceeds of the bonds are used to accomplish | 6 |
| only those projects approved by the voters at the primary | 7 |
| election held in 2008.
| 8 |
| The debt incurred on any bonds issued under this subsection | 9 |
| (p-25) shall not be considered indebtedness for purposes of any | 10 |
| statutory debt limitation.
| 11 |
| (p-30) In addition to all other authority to issue bonds, | 12 |
| Prairie Grove Consolidated School District 46 may issue bonds | 13 |
| with an aggregate principal amount not to exceed $30,000,000, | 14 |
| but only if all of the following conditions are met:
| 15 |
| (i) The voters of the district approve a proposition | 16 |
| for the bond issuance at an election held in 2008.
| 17 |
| (ii) At the time of the sale of the bonds, the school | 18 |
| board determines, by resolution, that (A) the building and | 19 |
| equipping of a new school building and additions to | 20 |
| existing school buildings are required as a result of a | 21 |
| projected increase in the enrollment of students in the | 22 |
| district and (B) the altering, repairing, and equipping of | 23 |
| existing school buildings are required because of the age | 24 |
| of the existing school buildings.
| 25 |
| (iii) The bonds are issued, in one or more bond | 26 |
| issuances, on or before December 31, 2012; however, the |
|
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| aggregate principal amount issued in all such bond | 2 |
| issuances combined must not exceed $30,000,000.
| 3 |
| (iv) The bonds are issued in accordance with this | 4 |
| Article.
| 5 |
| (v) The proceeds of the bonds are used to accomplish | 6 |
| only those projects approved by the voters at an election | 7 |
| held in 2008.
| 8 |
| The debt incurred on any bonds issued under this subsection | 9 |
| (p-30) shall not be considered indebtedness for purposes of any | 10 |
| statutory debt limitation.
| 11 |
| (p-35) In addition to all other authority to issue bonds, | 12 |
| Prairie Hill Community Consolidated School District 133 may | 13 |
| issue bonds with an aggregate principal amount not to exceed | 14 |
| $13,900,000, but only if all of the following conditions are | 15 |
| met:
| 16 |
| (i) The voters of the district approved a proposition | 17 |
| for the bond issuance at an election held on April 17, | 18 |
| 2007.
| 19 |
| (ii) At the time of the sale of the bonds, the school | 20 |
| board determines, by resolution, that (A) the improvement | 21 |
| of the site of and the building and equipping of a school | 22 |
| building are required as a result of a projected increase | 23 |
| in the enrollment of students in the district and (B) the | 24 |
| repairing and equipping of the Prairie Hill Elementary | 25 |
| School building is required because of the age of that | 26 |
| school building.
|
|
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| (iii) The bonds are issued, in one or more bond | 2 |
| issuances, on or before December 31, 2011, but the | 3 |
| aggregate principal amount issued in all such bond | 4 |
| issuances combined must not exceed $13,900,000.
| 5 |
| (iv) The bonds are issued in accordance with this | 6 |
| Article.
| 7 |
| (v) The proceeds of the bonds are used to accomplish | 8 |
| only those projects approved by the voters at an election | 9 |
| held on April 17, 2007.
| 10 |
| The debt incurred on any bonds issued under this subsection | 11 |
| (p-35) shall not be considered indebtedness for purposes of any | 12 |
| statutory debt limitation.
| 13 |
| (p-40) In addition to all other authority to issue bonds, | 14 |
| Mascoutah Community Unit District 19 may issue bonds with an | 15 |
| aggregate principal amount not to exceed $55,000,000, but only | 16 |
| if all of the following conditions are met: | 17 |
| (1) The voters of the district approve a proposition | 18 |
| for the bond issuance at a regular election held on or | 19 |
| after November 4, 2008. | 20 |
| (2) At the time of the sale of the bonds, the school | 21 |
| board determines, by resolution, that (i) the building and | 22 |
| equipping of a new high school building is required as a | 23 |
| result of a projected increase in the enrollment of | 24 |
| students in the district and the age and condition of the | 25 |
| existing high school building, (ii) the existing high | 26 |
| school building will be demolished, and (iii) the sale of |
|
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| bonds is authorized by statute that exempts the debt | 2 |
| incurred on the bonds from the district's statutory debt | 3 |
| limitation. | 4 |
| (3) The bonds are issued, in one or more bond | 5 |
| issuances, on or before December 31, 2011, but the | 6 |
| aggregate principal amount issued in all such bond | 7 |
| issuances combined must not exceed $55,000,000. | 8 |
| (4) The bonds are issued in accordance with this | 9 |
| Article. | 10 |
| (5) The proceeds of the bonds are used to accomplish | 11 |
| only those projects approved by the voters at a regular | 12 |
| election held on or after November 4, 2008. | 13 |
| The debt incurred on any bonds issued under this subsection | 14 |
| (p-40) shall not be considered indebtedness for purposes of any | 15 |
| statutory debt limitation. | 16 |
| (p-45) Notwithstanding the provisions of subsection (a) of | 17 |
| this Section or of any other law, bonds issued pursuant to | 18 |
| Section 19-3.5 of this Code shall not be considered | 19 |
| indebtedness for purposes of any statutory limitation if the | 20 |
| bonds are issued in an amount or amounts, including existing | 21 |
| indebtedness of the school district, not in excess of 18.5% of | 22 |
| the value of the taxable property in the district to be | 23 |
| ascertained by the last assessment for State and county taxes. | 24 |
| (p-50) Notwithstanding the provisions of subsection (a) of
| 25 |
| this Section or of any other law, bonds issued pursuant to
| 26 |
| Section 19-3.10 of this Code shall not be considered
|
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09600SB0616sam001 |
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| 1 |
| indebtedness for purposes of any statutory limitation if the
| 2 |
| bonds are issued in an amount or amounts, including existing
| 3 |
| indebtedness of the school district, not in excess of 43% of
| 4 |
| the value of the taxable property in the district to be
| 5 |
| ascertained by the last assessment for State and county taxes. | 6 |
| (p-55) (p-45) In addition to all other authority to issue | 7 |
| bonds, Belle Valley School District 119 may issue bonds with an | 8 |
| aggregate principal amount not to exceed $47,500,000, but only | 9 |
| if all of the following conditions are met: | 10 |
| (1) The voters of the district approve a proposition | 11 |
| for the bond issuance at an election held on or after April | 12 |
| 7, 2009. | 13 |
| (2) Prior to the issuance of the bonds, the school | 14 |
| board determines, by resolution, that (i) the building and | 15 |
| equipping of a new school building is required as a result | 16 |
| of mine subsidence in an existing school building and | 17 |
| because of the age and condition of another existing school | 18 |
| building and (ii) the issuance of bonds is authorized by | 19 |
| statute that exempts the debt incurred on the bonds from | 20 |
| the district's statutory debt limitation. | 21 |
| (3) The bonds are issued, in one or more bond | 22 |
| issuances, on or before March 31, 2014, but the aggregate | 23 |
| principal amount issued in all such bond issuances combined | 24 |
| must not exceed $47,500,000. | 25 |
| (4) The bonds are issued in accordance with this | 26 |
| Article. |
|
|
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09600SB0616sam001 |
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LRB096 06682 MJR 29866 a |
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| (5) The proceeds of the bonds are used to accomplish | 2 |
| only those projects approved by the voters at an election | 3 |
| held on or after April 7, 2009. | 4 |
| The debt incurred on any bonds issued under this subsection | 5 |
| (p-55) (p-45) shall not be considered indebtedness for purposes | 6 |
| of any statutory debt limitation. Bonds issued under this | 7 |
| subsection (p-55) (p-45) must mature within not to exceed 30 | 8 |
| years from their date, notwithstanding any other law to the | 9 |
| contrary. | 10 |
| (q) A school district must notify the State Board of | 11 |
| Education prior to issuing any form of long-term or short-term | 12 |
| debt that will result in outstanding debt that exceeds 75% of | 13 |
| the debt limit specified in this Section or any other provision | 14 |
| of law.
| 15 |
| (Source: P.A. 95-331, eff. 8-21-07; 95-594, eff. 9-10-07; | 16 |
| 95-792, eff. 1-1-09; 96-63, eff. 7-23-09; 96-273, eff. 8-11-09; | 17 |
| 96-517, eff. 8-14-09; revised 9-15-09.)
| 18 |
| Section 10. The School Construction Law is amended by | 19 |
| changing Sections 5-25 and 5-35 as follows:
| 20 |
| (105 ILCS 230/5-25)
| 21 |
| Sec. 5-25. Eligibility and project standards.
| 22 |
| (a) The State Board of Education shall establish | 23 |
| eligibility standards for
school construction project grants | 24 |
| and debt service grants. These standards
shall include minimum |
|
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| enrollment requirements for eligibility for school
| 2 |
| construction project grants of 200 students for elementary | 3 |
| districts, 200
students for high school districts, and 400 | 4 |
| students for unit districts. The
State Board of Education shall | 5 |
| approve a district's eligibility for a school
construction | 6 |
| project grant or a debt service grant pursuant to the | 7 |
| established
standards.
| 8 |
| For purposes only of determining a Type 40 area vocational | 9 |
| center's eligibility for an entity included in a school | 10 |
| construction project grant or a school maintenance project | 11 |
| grant, an area vocational center shall be deemed eligible if | 12 |
| one or more of its member school districts satisfy the grant | 13 |
| index criteria set forth in this Law. A Type 40 area vocational | 14 |
| center that makes application for school construction funds | 15 |
| after August 25, 2009 ( the effective date of Public Act 96-731) | 16 |
| this amendatory Act of the 96th General Assembly shall be | 17 |
| placed on the respective application cycle list. Type 40 area | 18 |
| vocational centers must be placed last on the priority listing | 19 |
| of eligible entities for the applicable fiscal year.
| 20 |
| (b) The Capital Development Board shall establish
project | 21 |
| standards for all school construction project grants provided | 22 |
| pursuant
to this Article. These standards shall include space | 23 |
| and capacity standards as
well as the determination of | 24 |
| recognized project costs that shall be eligible
for State | 25 |
| financial assistance and enrichment costs that shall not be | 26 |
| eligible
for State financial assistance.
|
|
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| (c) The State Board of Education and the Capital | 2 |
| Development Board shall
not establish standards that | 3 |
| disapprove or otherwise establish limitations
that restrict | 4 |
| the eligibility of (i) a school district with a population | 5 |
| exceeding
500,000 for a school construction project grant based | 6 |
| on the fact that any or
all of the school construction project | 7 |
| grant will be used to pay debt service
or to make lease | 8 |
| payments, as authorized by subsection (b) of Section 5-35 of
| 9 |
| this Law, or (ii) a school district located in whole or in part | 10 |
| in a county that imposes a tax for school facility purposes | 11 |
| pursuant to Section 5-1006.7 of the Counties Code , or based on | 12 |
| the fact that all or a part of the school construction project | 13 |
| is owned by a public building commission and leased to the | 14 |
| school .
| 15 |
| (Source: P.A. 96-37, eff. 7-13-09; 96-731, eff. 8-25-09; | 16 |
| revised 9-15-09.)
| 17 |
| (105 ILCS 230/5-35)
| 18 |
| Sec. 5-35. School construction project grant amounts; | 19 |
| permitted
use; prohibited use. | 20 |
| (a) The product of the district's grant index and the
| 21 |
| recognized project cost, as determined by the Capital | 22 |
| Development Board, for an
approved school construction project | 23 |
| shall equal the amount of the grant the
Capital Development | 24 |
| Board shall provide to the eligible district. The grant
index | 25 |
| shall not be used in cases where the General Assembly and the |
|
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| Governor
approve appropriations designated for specifically | 2 |
| identified school district
construction projects.
| 3 |
| The average of the grant indexes of the member districts in | 4 |
| a joint agreement shall be used to calculate the amount of a | 5 |
| school construction project grant awarded to an eligible Type | 6 |
| 40 area vocational center.
| 7 |
| (b) In each fiscal year in which school construction | 8 |
| project grants are
awarded, 20% of the total amount awarded | 9 |
| statewide shall be awarded to a school
district with a | 10 |
| population exceeding 500,000, provided such district complies
| 11 |
| with the provisions of this Article.
| 12 |
| In addition to the uses otherwise authorized by this Law, | 13 |
| any school
district with a population exceeding 500,000 is | 14 |
| authorized to use any or all
of the school construction project | 15 |
| grants (i) to pay debt service, as defined
in the Local | 16 |
| Government Debt Reform Act, on bonds, as defined in the Local
| 17 |
| Government Debt Reform Act, issued to finance one or more | 18 |
| school construction
projects and (ii) to the extent that any | 19 |
| such bond is a lease or other
installment or financing contract | 20 |
| between the school district and a public
building commission | 21 |
| that has issued bonds to finance one or more qualifying
school | 22 |
| construction projects, to make lease payments under the lease.
| 23 |
| (c) No portion of a school construction project grant | 24 |
| awarded by the
Capital Development Board shall be used by a | 25 |
| school district for any
on-going operational costs.
| 26 |
| (Source: P.A. 96-731, eff. 8-25-09.)".
|
|