(70 ILCS 200/155-35)
Sec. 155-35.
Elections; general obligation bonds; form
of ballot. No
bonds other than revenue bonds issued pursuant to Section 155-25
shall be
issued by the Authority until a proposition to issue the same has been
submitted to and approved by a majority of the voters of said metropolitan
area voting upon the proposition at a general election in accordance with
the general election law. The Authority may by resolution order such
proposition submitted at a regular election in accordance with the general
election law, whereupon the recording officer shall certify the resolution
and the proposition to the proper election officials for submission. Any
proposition to issue bonds as herein set forth shall be in substantially
the following form:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Shall general obligation bonds of the Matteson Metropolitan Civic Center YES Authority to the amount of .....................Dollars ($........) be issued for - - - - - - - - - - - - - - - - - - - - - - - - - - - -
the purpose of ............. and shall annual taxes be authorized to be levied NO on all taxable property within the metropolitan area to pay such bond? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(Source: P.A. 90-328, eff. 1-1-98 .)
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