(65 ILCS 5/11-141-4) (from Ch. 24, par. 11-141-4)
Sec. 11-141-4.
Within 10 days after this ordinance has been passed,
it shall be published at least once in one or more newspapers published
in the municipality, or, if no newspaper is published therein, then in
one or more newspapers with a general circulation within the
municipality. In municipalities with less than 500 population in which
no newspaper is published, publication may instead be made by posting a
notice in 3 prominent places within the municipality.
If the ordinance specifies that the municipality has been directed by
an order issued under the provisions of "An Act to establish a Sanitary
Water Board and to control, prevent and abate pollution of the streams,
lakes, ponds and other surface and underground waters in the State, and
to repeal an Act named therein", approved July 12, 1951, as heretofore
and hereafter amended, and the Environmental Protection Act, to abate its
discharge of untreated or inadequately treated sewage, the ordinance
authorizing the issuance of those revenue bonds shall be in effect
immediately upon its adoption and publication, or posting, as provided in
this section, notwithstanding any provision in this Code or any other law
to the contrary.
In all other cases, if no petition is filed with the municipal clerk
as hereinafter provided in this section, within 30 days after the
publication or posting of the ordinance, the ordinance shall be in
effect after the expiration of that 30 day period. In such cases
the publication or posting of the ordinance shall be accompanied by a
notice of (1) the specific number of voters required to sign a petition
requesting the question of improving or extending or of construction or
acquiring and improving and extending a sewerage system and of issuing
revenue bonds to be submitted to the electors; (2) the time in which such
petition must be filed; and (3) the date of the prospective referendum.
The municipal clerk shall provide a petition form to any individual
requesting one. But if within that 30 day period a petition is filed with
the municipal clerk signed by electors of the municipality numbering 10% or
more of the number of registered voters in the municipality, asking that
the question of improving or extending or of construction or acquiring
and improving and extending a sewerage system and of issuing revenue
bonds to pay the cost thereof be submitted to the electors of the
municipality, the municipal clerk of the municipality shall certify the
question for submission at an election.
If a majority of the electors voting upon the question
voted in favor thereof, the ordinance shall be in effect, but if a
majority of the electors voting upon the questions are not in favor
thereof, the ordinance shall not take effect.
(Source: P.A. 87-767.)
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(65 ILCS 5/11-141-5) (from Ch. 24, par. 11-141-5)
Sec. 11-141-5.
All bonds issued under this Division 141 are payable solely
from the revenue derived from the operation of the sewerage system;
provided, that bonds issued under this Division 141 may also be
payable from funds pledged by the municipality issuing such bonds pursuant
to the Illinois Finance Authority
Act.
Notwithstanding any such pledge or any other matter, these
bonds shall not, in any event, constitute an indebtedness of the
municipality within the meaning of any constitutional or statutory
limitation. It shall be plainly stated on the face of each bond that the
bond has been issued under this Division 141 and that it does not
constitute an indebtedness of the municipality within any constitutional or
statutory limitation.
(Source: P.A. 93-205, eff. 1-1-04.)
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