(75 ILCS 30/0.01) (from Ch. 81, par. 16.2h)
Sec. 0.01.
Short title.
This Act may be cited as the
Township Library Bond Validation (1969) Act.
(Source: P.A. 86-1324.)
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(75 ILCS 30/1) (from Ch. 81, par. 16.3)
Sec. 1.
Where in any township, prior to the time this Act becomes effective, a
majority of the votes cast at an election on the proposition to issue
township library bonds were in favor of such proposition, and the ballots
used and notice given of said election were in conformance with the
applicable statutory requirements, each such bond issue is hereby validated
and is legal and valid notwithstanding the fact that there was only one
precinct and polling place for the purpose of that election, and the board
of library directors of such township is hereby authorized to issue those
bonds to a purchaser for value, and when such bonds are paid for, at not
less than par and accrued interest, they shall be valid and binding
obligations of such township.
(Source: P.A. 76-640.)
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