(65 ILCS 5/8-1-5) (from Ch. 24, par. 8-1-5)
Sec. 8-1-5.
Whenever in any fiscal year an ordinance authorizing the
issuance of bonds is approved by the electors in any municipality with a
population of 500,000 or more, subsequent to the passage of the annual
appropriation ordinance, the corporate authorities have the power, anything
in this Code to the contrary notwithstanding, to make a supplemental
appropriation of so much of the proceeds of the bonds, so authorized, as is
required for expenditure during the remainder of the current fiscal year
for the purpose set forth in the ordinance authorizing the issuance of the
bonds.
(Source: Laws 1961, p. 576.)
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