"Financial aid" means the expenditure of Authority funds or funds provided by the Authority through the issuance of its revenue bonds, notes, or other evidences of indebtedness for the development, construction, acquisition, or improvement of a project.
70 ILCS 508/10.25
Financial aid
Known as the Joliet Arsenal Development Authority Act
The act spans §§ 70-508-1 to 70-508-99 (32 sections).
P.A. 89-333, eff. 8-17-95.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.