(50 ILCS 405/1.15a) (from Ch. 85, par. 851.15a)
Sec. 1.15a.
The limitation prescribed in Section 1 of this Act shall
not apply to any indebtedness incurred by sanitary districts organized
under "An Act to create sanitary districts and to provide for sewage
disposal and to provide for the annexation of additional territory to
any such district and to authorize sanitary districts to acquire by
purchase or construction and upon acquisition to maintain and operate a
waterworks or drainage system and to improve and extend the same and
issue general obligation bonds, revenue bonds or special assessment
bonds to pay the cost thereof which revenue bonds shall be payable
solely from the revenues of such waterworks or drainage system and to
provide for a method of dissolution of such sanitary districts",
approved July 2, 1936, as amended.
(Source: Laws 1965, p. 3682.)
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