(60 ILCS 1/205-30)
Sec. 205-30.
Referendum on issuance of bonds.
(a) After an ordinance authorizing a project under this Article has been
adopted, it shall be published once in an English language newspaper published
and having general circulation in the township. If there is no such newspaper,
then the ordinance shall be posted in at least 3 of the most public places in
the township. The publication or posting of the ordinance shall include a
notice of (i) the specific number of voters required to sign a petition
requesting that the question of the adoption of the ordinance be submitted to
the electors of the township; (ii) the time in which the petition must be
filed; and (iii) the date of the prospective referendum. The township clerk
shall provide a petition form to any individual requesting one. The ordinance
shall become effective 30 days after the date of publication or posting,
but if within 30 days after publication or posting of the ordinance
a petition is filed with the township clerk signed by at least 10% of the
registered voters of the township (as shown by the registered voters list on
file in the office of the county clerk) asking that the question of issuing the
bonds be submitted to the voters of the township, the ordinance shall not
become effective until the question has been certified to the proper election
officials, who shall submit the question to the voters, and until the question
has been approved by the voters of the township at an election. The election
shall be conducted and notice given in accordance with the general election
law.
(b) The notice shall refer to the filing of the petition and set forth
the question to be voted upon, which shall be substantially as follows:
Shall revenue bonds in the amount of $(amount) be |
| issued by (name of township) for (purpose)?
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The notice shall also state the time and place of the election.
(c) The vote at the election shall be by separate ballot, and
the question shall be in substantially the following form:
Shall revenue bonds in the amount of $(amount) be
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| issued by (name of township) for (purpose) as authorized in an ordinance of the township board dated (date of ordinance)?
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The votes shall be recorded as "Yes" or "No".
(d) If a majority of the voters voting on the question at the election vote
in favor of it, the ordinance shall be in full force and effect and the
township board may proceed with the issuance and sale of the bonds.
(Source: P.A. 87-767; 88-62.)
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