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50 ILCS 460/40

Award of contract

Known as the Special Assessment Supplemental Bond and Procedures Act

The act spans §§ 50-460-1 to 50-460-99 (17 sections).

P.A. 90-480, eff. 8-17-97.

In any special assessment proceeding, upon the vote of two-thirds of the members of the governing body then in office, the governing body or the board of local improvements, as may be applicable, may award a contract or contracts for the improvement pursuant to negotiation with one or more persons, without the requirement of competitive bidding.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.