Division 6-6 - Bonds For Hospitals, Police Equipment And Voting Machines
(55 ILCS 5/Div. 6‑6 heading) Division 6‑6. Bonds for Hospitals, Police Equipment and Voting Machines
(55 ILCS 5/6‑6001) (from Ch. 34, par. 6‑6001)
Sec. 6‑6001. Authorization. The county board of any county with a population of 1,000,000 or more may, before January 1, 1968, without referendum, incur an indebtedness and issue general obligation bonds in an amount not exceeding $10,000,000 for the purpose of hospital improvements, police equipment, and additional voting machines, and may levy a tax for the purpose of paying the principal and interest on such bonds.
(Source: P.A. 86‑962.) |
(55 ILCS 5/6‑6002) (from Ch. 34, par. 6‑6002)
Sec. 6‑6002. Bonds. The bonds shall be issued in such denominations, be for such term or terms, and bear interest at such rate as may be specified in the resolution of the county board authorizing the issuance of such bonds.
(Source: P.A. 86‑962.) |
(55 ILCS 5/6‑6003) (from Ch. 34, par. 6‑6003)
Sec. 6‑6003. Effect of limitation on indebtedness. The bonds authorized hereunder and the tax levied in connection therewith shall not be included in any statutory limitation on indebtedness or tax rates.
(Source: P.A. 86‑962.) |