(405 ILCS 20/12) (from Ch. 91 1/2, par. 312)
Sec. 12.
The bonds authorized by this Act shall be sold and the proceeds thereof
used solely for the specified purpose. At or before the time of delivery of
any bond, the governing body of the governmental unit shall file with the
clerk of the governmental unit its certificates, stating the amount of
bonds to be issued, or denominations, rate of interest, where payable, and
shall include a form of bond to be issued. The governing body of the
governmental unit shall levy a direct tax upon all of the taxable property
within the governmental unit sufficient to pay the principal and interest
on the bonds as and when the same respectively mature. Such tax shall be in
addition to all other taxes and shall not be within any rate limitation
otherwise prescribed by law.
The proceeds received from the sale of the bonds shall be placed in a
special fund in the governmental unit treasury to be designated as the
"Bond Community Mental Health Fund" and thereafter the governing body shall
in the annual appropriation bill appropriate from such funds such sum or
sums as may be necessary to carry out the provisions of this Section.
Interest earned from moneys deposited in this Fund shall only be used for
purposes which are authorized by this Act.
(Source: P.A. 78-574.)
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