(50 ILCS 450/7) (from Ch. 85, par. 927)
Sec. 7.
The resolution may provide for the creation of a sinking fund to consist
of the proceeds of the taxes levied under this Act and the rental income
derived from the medical service facility. This fund shall be faithfully
applied to the purchase or payment of bonds issued under this Act and the
interest thereon.
(Source: P.A. 76-660 .)
|