(70 ILCS 2805/30) (from Ch. 42, par. 441)
Sec. 30.
Whenever any ordinance providing for any improvement shall in
pursuance of authority conferred in this Act provide for payment for same,
either in whole or in part, by special assessment, said board of trustees
may issue bonds to anticipate the collection of the second and succeeding
installments of said assessments payable only out of such assessment when
collected and bearing interest at the same rate as provided upon the
installments of such assessment. Said bonds shall be issued and subject to
call and retirement in the same manner as provided in Division 2 of Article
9 of the "Illinois Municipal Code", approved May 29, 1961, as heretofore
and hereafter amended.
(Source: Laws 1963, p. 874.)
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