(50 ILCS 20/22.1) (from Ch. 85, par. 1052.1)
Sec. 22.1.
(a) Any Public Building Commission which has not issued any
bonds, has no indebtedness, and has no operational leases may
be
dissolved upon the filing, by the
presiding officer of the municipality, county seat or county board which
organized such Commission, in the office of the recorder a copy
of a resolution adopted by the governing body of such municipality,
county seat or county board approving such dissolution.
(b) Any Public Building Commission which has fulfilled the purpose for
which it was created, and all bonds issued by it and all of its contractual
obligations except personnel contracts have been paid, may be dissolved,
upon the filing by the presiding officer of the municipality, county seat
or county board which organized such Commission, in the office of the recorder,
a copy of a resolution adopted by the governing body of such municipality,
county seat or county
board approving such dissolution. Upon the dissolution of such Commission
pursuant to this subsection, the Treasurer of the Commission shall cause
all remaining funds under his control to be transferred to the Treasurer
of the municipality, county seat or county which organized the Commission.
(Source: P.A. 90-517, eff. 8-22-97.)
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