Article
Revenue Bonds for Exhibition Facilities
- 105 ILCS 5/19a-1— In this Article, "exhibition facility" means a building or stadium constructed to be used primarily for athletic spectator sports and not facilities built primarily for physical education instruction
- 105 ILCS 5/19a-2— Revenue bonds for exhibition facilities
- 105 ILCS 5/19a-3— Whenever bonds are issued pursuant to this Article, the school board must establish charges or fees for the use of the exhibition facility to pay the principal and interest on the bonds
- 105 ILCS 5/19a-4
- 105 ILCS 5/19a-5— Members of a school board issuing bonds pursuant to this Article incur no personal liability thereby