55 ILCS 5/ Counties Code.

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 5/6-3005

(55 ILCS 5/6-3005) (from Ch. 34, par. 6-3005)

Sec. 6-3005.

Counties of 500,000 or more but less than 1,000,000;
bonds for construction or remodeling of county jails.  Any county with
a population of 500,000 or more inhabitants, but less than 1,000,000
inhabitants may by resolution of its county board incur an indebtedness for
the construction or remodeling of a county jail and for the acquisition of
land and fixtures therefor, and may issue and sell bonds therefor, and levy
taxes upon all taxable property of the county sufficient to pay the
principal on bonds at maturity and to pay the interest thereon as it
falls due.

(Source: P.A. 86-962.)

55 ILCS 5/6-3006

(55 ILCS 5/6-3006) (from Ch. 34, par. 6-3006)

Sec. 6-3006.

Resolution.

The resolution of the county board
authorizing the issuance of bonds shall prescribe the details of the bonds
and specify the total amount of the bonds to be issued, the form and
denomination of the bonds, the date which they bear, the place they are
payable, the date or dates of maturity, which shall not be more than 30
years after the date of the bonds, the rate of interest, which shall not
exceed the greater of (i) the maximum rate authorized by the Bond
Authorization Act, as amended at the time of the making of the contract, or
(ii) 8% per annum, and the dates on which the interest is payable.

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 this Division or "An Act
to authorize certain counties to incur an indebtedness and issue bonds for
the construction of county jails and sheriffs' residences", filed July 3,
1935, 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 this Division or "An Act to authorize
certain counties to incur an indebtedness and issue bonds for the
construction of county jails and sheriffs' residences", filed July 3, 1935,
that may appear to be or to have been more restrictive than those Acts.

(Source: P.A. 86-962; 86-1028.)

55 ILCS 5/6-3007

(55 ILCS 5/6-3007) (from Ch. 34, par. 6-3007)

Sec. 6-3007.

Publication of resolution.

After
the resolution of the county board providing for the
issuance of bonds has been adopted, it shall be published in one or more
newspapers of general circulation in the county, once each week for three
weeks.  If there is no newspaper of general circulation in the county, then
copies of the resolution shall be posted in at least five of the most
public places in the county seat of the county.  The publication or posting
of the resolution shall include a notice of (1) the specific number of
voters required to sign a petition requesting that the question of the
adoption of the resolution be submitted to the voters of the county; (2)
the time in which the petition must be filed; and (3) the date of the
prospective referendum.  The county clerk shall provide a petition form to
any individual requesting one.

(Source: P.A. 86-962.)

55 ILCS 5/6-3008

(55 ILCS 5/6-3008) (from Ch. 34, par. 6-3008)

Sec. 6-3008.

Tax levy.

The resolution authorizing the bonds
shall also provide for the levy and collection of a direct annual tax upon
all taxable property in the county sufficient to pay the principal of the
bonds at maturity, the interest on the bonds as it falls due, and the cost
of operations and maintenance of the facility.  Such tax shall not exceed
.07% of the value of the property as equalized or assessed by the
Department of Revenue, but shall not be subject to any other statutory
limitations relative to taxes which may be extended for county purposes,
and shall not be subject to the limitations provided in Section 5-1020.

(Source: P.A. 86-962.)

55 ILCS 5/6-3009

(55 ILCS 5/6-3009) (from Ch. 34, par. 6-3009)

Sec. 6-3009.

Execution and terms of bonds.

The bonds shall be
executed by such officials as may be provided in the resolution authorizing
the issue.  The bonds may be made registerable as to principal and may be made
callable on any interest payment date at par and accrued interest after notice
has been given at the time and in the manner provided in the resolution.  The
bonds shall remain valid even though one or more of the officers executing
the bonds ceases to hold office before the bonds are delivered.

(Source: P.A. 86-962.)

55 ILCS 5/6-3010

(55 ILCS 5/6-3010) (from Ch. 34, par. 6-3010)

Sec. 6-3010.

Sinking fund.

The resolution of the county board may
provide for the creation of a sinking fund to consist of the proceeds of
the taxes levied for the payment of the principal and interest upon these
bonds.  The fund shall be faithfully applied to the purchase or payment of
the bonds, and the interest thereon, issued pursuant to the provisions of
this Division.

(Source: P.A. 86-962.)

55 ILCS 5/6-3011

(55 ILCS 5/6-3011) (from Ch. 34, par. 6-3011)

Sec. 6-3011.

Sale of bonds.

The bonds shall be sold to the highest
and best bidder at not less than their par value and accrued interest.  The
county board shall advertise for proposals to purchase the bonds.  Such
advertisement shall be published at least once in a newspaper having
circulation within the county at least 10 days prior to the date for
opening the bids.  The county board may reserve the right to reject any and
all bids and to readvertise for bids.

(Source: P.A. 86-962.)

55 ILCS 5/6-3012

(55 ILCS 5/6-3012) (from Ch. 34, par. 6-3012)

Sec. 6-3012.

Petition for referendum.

If a petition is filed with the
county clerk not later than 30 days after the first publication or the
posting of the resolution, signed by voters of the county numbering 10%
or more of the registered voters in such county,
requesting an election to vote upon the proposition of issuing bonds for
the purpose of obtaining funds to construct a county jail and sheriff's
residence, the county clerk shall certify the proposition to the proper
election officials, who shall submit the proposition to the voters at an
election in accordance with the general election law.  The ballot shall be
substantially in the following form:

--------------------------------------------------------------
    Shall .... county issue bonds            YES
in the amount of .....  to construct   -----------------------
a county jail?                               NO
--------------------------------------------------------------

If a majority of the voters voting upon the aforesaid proposition vote in
favor of it, the bonds may be issued by such county, but if a majority of
the voters voting upon the proposition vote against the proposition, the
county may not issue bonds for the purpose of constructing a county jail
under the provisions of this Division.

(Source: P.A. 86-962; 87-767.)