| |
Illinois Compiled Statutes
Information maintained by the Legislative Reference Bureau Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide. Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.
() 55 ILCS 5/6-4010
(55 ILCS 5/6-4010) (from Ch. 34, par. 6-4010)
Sec. 6-4010.
County under 300,000.
(a) Any county having a population under 300,000 may, by resolution of
its county board, incur an indebtedness for the reconstruction and
remodeling of an existing courthouse or the construction of a new
courthouse and related facilities at the same or a new location and for the
acquisition of land and fixtures for the courthouse and related facilities and
may issue and sell its bonds and levy taxes upon all the taxable property of
the county sufficient to pay the principal of the bonds at maturity and to
pay interest on the bonds as it falls due upon approval of the issuance of
the bonds at a referendum held in accordance with the general election law.
(b) The total amount of the bonds, together with existing indebtedness,
shall not exceed the limitation provided by law for indebtedness of the county.
(c) Upon adoption of the resolution, the county board shall certify the
question of the issuance of the bonds to the appropriate election
officials. The question shall be submitted to the electors of the county
in substantially the following form:
Shall (name of county) issue bonds in the amount of | | $(amount) to reconstruct and remodel the county courthouse (or construct a new county courthouse and related facilities at (state location) and acquire land and fixtures for the courthouse and related facilities, as the case may be)?
|
|
The question is approved if a majority of the electors voting on the
question vote in favor of it.
(d) Taxes levied for the payment of the principal of and interest on the
bonds shall be in addition to the maximum of taxes provided by statute for
counties and shall not be subject to the limitation for county taxes
provided in Section 5-1014.
(Source: P.A. 87-320.)
|
55 ILCS 5/Div. 6-5
(55 ILCS 5/Div. 6-5 heading)
Division 6-5.
Bonds for Voting Machines
|
55 ILCS 5/6-5001
(55 ILCS 5/6-5001) (from Ch. 34, par. 6-5001)
Sec. 6-5001.
Referendum.
For the purpose of purchasing voting
machines, the county board of any county having more than 500,000
inhabitants and in which county there has been a favorable vote on the
proposition of adopting voting machines as provided by Article 24 of "The
Election Code", as amended, may, by resolution, incur an indebtedness and
issue bonds therefor in the aggregate of not more than $500,000 in addition
to all bonded indebtedness authorized for that purpose prior to July 1, 1949.
However, no resolution providing for the issuance of bonds as authorized
by Sections 6-5001 through 6-5005 shall be effective until it has been
submitted to referendum of the electors of that county. The board shall
certify the resolution and the proposition to the proper election officials
who shall submit the proposition at an election in accordance with the
general election law. In addition to the requirements of the general
election law, notice of the referendum shall also set forth the substance of
the resolution. If a majority of those voting upon the proposition at such
referendum vote in favor of issuing such bonds, then the resolution shall
immediately become effective.
(Source: P.A. 86-962.)
|
55 ILCS 5/6-5002
(55 ILCS 5/6-5002) (from Ch. 34, par. 6-5002)
Sec. 6-5002.
Resolution authorizing bonds.
The
resolution authorizing the issuance of such bonds shall specify
the total amount of bonds to be issued, the form and denomination of the
bonds, the date they are to bear, the place where they are payable, the
date or dates of maturity, which shall not be more than 20 years after the
date the bonds bear, the rate of interest which shall not exceed
the maximum rate authorized by the Bond Authorization Act, as amended at the
time of the making of the contract, and the dates on which interest is payable.
Such resolution shall prescribe all the details of the bonds and shall
provide for the levy and collection of a direct annual tax upon all taxable
property within the county sufficient to pay the principal thereof at
maturity and to pay the interest thereon as it falls due, which tax shall
not be subject to any statutory limitations relative to taxes which may be
extended for county purposes.
With respect to instruments for the payment of money issued under this
Section or its predecessor either before, on, or after the effective date
of Public Act 86-4, it is and always has been the intention of the General
Assembly (i) that the Omnibus Bond Acts are and always have been
supplementary grants of power to issue instruments in accordance with the
Omnibus Bond Acts, regardless of any provision of these Sections 6-5001
through 6-5005 or "An Act to authorize the issuance of bonds by a county
having more than 500,000 inhabitants for the purchase of voting machines,
and to provide for the payment therefor", approved July 20, 1949, that may
appear to be or to have been more restrictive than those Acts, (ii) that
the provisions of this Section or its predecessor are not a limitation on
the supplementary authority granted by the Omnibus Bond Acts, and (iii)
that instruments issued under this Section or its predecessor within the
supplementary authority granted by the Omnibus Bond Acts are not invalid
because of any provision of these Sections 6-5001 through 6-5005 or "An Act
to authorize the issuance of bonds by a county having more than 500,000
inhabitants for the purchase of voting machines, and to
provide for the payment therefor", approved July 20, 1949, that may appear to
be or to have been more restrictive than those Acts.
(Source: P.A. 90-655, eff. 7-30-98.)
|
|
|
|