Division
Tax for Waterworks Purchase, Construction or Enlargement
- 65 ILCS 5/11-128-1
- 65 ILCS 5/11-128-2— Whenever any specified municipality desires to avail itself of the provisions of this Division 128, the corporate authorities by ordinance or resolution may contract for the purchase, construction, or enlargement of waterworks for a provisionally certain fixed sum
- 65 ILCS 5/11-128-3— Before they shall be valid and binding, the specified contract and tax, after action by the corporate authorities, shall be certified by the clerk and submitted for ratification to the electors of the municipality
- 65 ILCS 5/11-128-4
- 65 ILCS 5/11-128-5— The corporate authorities may issue bonds against the taxes levied, but the bonds shall be payable only out of the special tax when collected and out of the net revenue derived from the operation of the waterworks
- 65 ILCS 5/11-128-6— The specified bonds shall be substantially in the following form: The city (or village) of ...., county of ...., State of Illinois, for value received hereby promises to pay the bearer
- 65 ILCS 5/11-128-7— The corporate authorities from time to time shall fix the water rentals or rates to be charged for the furnishing of water
- 65 ILCS 5/11-128-8— Any 2 or more cities or villages adjacent to each other by an ordinance adopted by each of them may create a water district