Division
Contract for, Purchase or Lease of Water and Sewerage Systems
- 65 ILCS 5/11-137-1
- 65 ILCS 5/11-137-2— In all municipalities where any person has constructed a waterworks or sewerage system, or both, the municipality may purchase or lease that waterworks or sewerage system, or both, from the owners thereof, subject to the provisions of this Division 137
- 65 ILCS 5/11-137-3
- 65 ILCS 5/11-137-4— Such municipalities may borrow money and levy and collect a general tax, in the same manner as other municipal taxes may be levied and collected, to procure funds to lease or purchase and maintain such a waterworks or sewerage system, or both, and to pay any existing indebtedness thereon
- 65 ILCS 5/11-137-5— A municipality may contract with any person for a supply of water for public use for a period not exceeding 30 years