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Article

Dissolution

  • 70 ILCS 1205/13-1
  • 70 ILCS 1205/13-2— The proposition shall read substantially as follows: -------------------------------------------------------------- Shall the park YES district known as
  • 70 ILCS 1205/13-3— If two-thirds of the votes cast on the proposition are in favor of the proposal to dissolve the district, the district is dissolved
  • 70 ILCS 1205/13-4— If the vote is in favor of a voluntary dissolution of the park district, there shall be no further elections for or appointment of members of the board of the district
  • 70 ILCS 1205/13-5— All money remaining after the business affairs of the park district have been closed up and all the debts and obligations of the district have been paid, shall be paid to the school treasurer for the township in which the park district, or the greater part thereof, was situated
  • 70 ILCS 1205/13-6
  • 70 ILCS 1205/13-7
  • 70 ILCS 1205/13-8
  • 70 ILCS 1205/13-9a
  • 70 ILCS 1205/13-9b— Upon the filing of a petition for dissolution under Section 13-9a the circuit judge shall set a date and time for a public hearing thereon
  • 70 ILCS 1205/13-9c— If the circuit judge finds upon such hearing that the petition meets the requirements of this section, and that the allegations therein contained are true, the park district shall be dissolved
  • 70 ILCS 1205/13-9d— If the park district shall be dissolved by the circuit court under the provisions of this section, the affairs of the district shall be disposed of in the manner as provided in Sections 13-4, 13-5 and 13-7 of "The Park District Code"
  • 70 ILCS 1205/13-9e