(70 ILCS 1205/2-7.1) (from Ch. 105, par. 2-7.1)
Sec. 2-7.1.
(a) In case of a proposal to organize a park district as
provided in subsection (a) of Section 2-2.1, the district shall be deemed
organized if the proposal to organize the district
receives the favorable vote of a majority of all
votes cast on the question, and also receives the favorable vote of a
majority of the votes cast within each of the existing park districts and
in the territory, if any, not included in any existing park district.
Thereupon the old park districts shall cease to exist, and the newly
organized district shall succeed to all of their property and all their
rights and obligations, including any bonded indebtedness.
(b) In case of a proposal to reorganize a park district into 2 new
park districts as provided in subsection (b) of Section 2-2.1, the district
shall be deemed reorganized if the proposal to reorganize the park district
receives the favorable vote of a majority of all votes cast within the park
district to be so reorganized. Thereupon the old park district shall cease
to exist, and the newly organized park districts shall succeed to all of
its property and all of its rights and obligations, including any bonded
indebtedness, as provided in Section 2-2.1.
(Source: P.A. 83-1346.)
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