Division
Construction and Purchase of Waterworks
- 65 ILCS 5/11-130-1— Any municipality may purchase or construct waterworks or construct improvements to its waterworks as provided in this Division 130
- 65 ILCS 5/11-130-2— The term "waterworks", as used in this Division 130, means and includes a waterworks system in its entirety or any integral part thereof, including mains, hydrants, meters, valves, standpipes, storage tanks, pumping tanks, intakes, wells, impounding reservoirs, or purification plants
- 65 ILCS 5/11-130-3
- 65 ILCS 5/11-130-4
- 65 ILCS 5/11-130-5
- 65 ILCS 5/11-130-6— Revenue bonds issued under this Division 130 shall be payable solely from the revenue derived from the operation of the waterworks on account of which the bonds were issued
- 65 ILCS 5/11-130-7— There is hereby created a statutory mortgage lien upon the waterworks so purchased or constructed from the proceeds of the bonds authorized to be issued under this Division 130
- 65 ILCS 5/11-130-8
- 65 ILCS 5/11-130-9— For the purpose of purchasing any waterworks under this Division 130, or for the purpose of purchasing any property necessary therefor, the municipality has the right of eminent domain as provided by the Eminent Domain Act
- 65 ILCS 5/11-130-10— Whenever a municipality owns and operates a waterworks system, whether purchased or constructed under this Division 130 or not, and desires to construct improvements thereto, it may issue revenue bonds under this Division 130 to pay for that construction
- 65 ILCS 5/11-130-11— Any municipality issuing revenue bonds under this Division 130 shall install and maintain a proper system of accounts, showing the amount of revenue received and its application
- 65 ILCS 5/11-130-12