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65 ILCS 5/11-94-8

(65 ILCS 5/11-94-8) (from Ch. 24, par. 11-94-8)

Sec. 11-94-8.

A municipality which owns a swimming pool or natatorium and
is subject to this Act may finance the cost of substantial improvements,
repairs or replacements by the issuance of bonds payable solely from the
revenue of the swimming pool or natatorium. The bonds shall be issued in
accordance with the terms of this Act relating to the original issue of
swimming pool or natatorium bonds, and may be subordinate to outstanding
bonds issued for the purchase or construction of the swimming pool or
natatorium.

The holders of the bonds have the same rights and privileges, subject to
any subordination that may be provided for, as the holders of the original
bonds issued under this Division.

The additional revenue bonds may be issued subject to the referendum
provision contained in Section 11-94-2 of this Act.

(Source: Laws 1967, p. 1342.)

65 ILCS 5/Art. 11 Div. 95

(65 ILCS 5/Art. 11 Div. 95 heading) DIVISION 95.

RECREATION SYSTEMS

65 ILCS 5/11-95-1

(65 ILCS 5/11-95-1) (from Ch. 24, par. 11-95-1)

Sec. 11-95-1.

The corporate authorities of every municipality with a
population of less than 500,000 may dedicate and set apart for use as
playgrounds, or recreation centers, any land or buildings which are
owned or leased by the municipality and are not dedicated or devoted to
another and inconsistent public use. Such a municipality, in such manner
as provided by law for the acquisition of land or buildings for public
purposes by the municipality, may acquire or lease land or buildings, or
both, within or beyond the corporate limits of the municipality, for
playgrounds and recreation centers. When the corporate authorities of
the municipality so dedicate, set apart, acquire, or lease land or
buildings for those purposes, they may provide for their conduct,
equipment, and maintenance according to the provisions of this Division
95, by making an appropriation from the general municipal funds. But no
land or buildings shall be so acquired or leased for a playground or
recreation center nor shall any appropriation be made for the
acquisition, conduct, equipment, or maintenance of a playground or
recreation center unless the question of such acquisition or
appropriation has been certified by the clerk to the proper election officials
and submitted by them to the voters at an election in the municipality
under the provisions of
"An Act to provide for the acquisition, equipment, conduct and
maintenance of public playgrounds and recreation centers in and by
cities, towns and villages of less than one hundred and fifty thousand
inhabitants," approved June 24, 1921, as amended, and in accordance with
the general election law, and a majority of the votes cast on the proposition
were or are
in favor of that action.

(Source: P.A. 81-1535.)