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Act

Sanitary District Revenue Bond Act

  • 70 ILCS 3010/1
  • 70 ILCS 3010/2a— Every sanitary district has the power to construct or acquire, and to improve, extend, and operate a sewerage system
  • 70 ILCS 3010/3a
  • 70 ILCS 3010/4— After this ordinance has been adopted, it shall be published once in a newspaper published and having a general circulation in the sanitary district, or if there is no such newspaper, it shall be posted in at least 3 of the most public places in the sanitary district
  • 70 ILCS 3010/5— All bonds issued under this Act are payable solely from the revenue derived from the operation of the sewerage system
  • 70 ILCS 3010/6a
  • 70 ILCS 3010/7
  • 70 ILCS 3010/8— Every sanitary district which issues bonds under this Act shall install and maintain a proper system of accounts showing the amount of revenue received from the sewerage system and the application of that revenue
  • 70 ILCS 3010/9
  • 70 ILCS 3010/10— For the purpose of improving or extending, or constructing or acquiring and improving and extending any sewerage system under this Act, a sanitary district has the right to acquire any property necessary or appropriate therefor by eminent domain as provided by the Eminent Domain Act
  • 70 ILCS 3010/10.5— Eminent domain
  • 70 ILCS 3010/11a
  • 70 ILCS 3010/12
  • 70 ILCS 3010/13
  • 70 ILCS 3010/14
  • 70 ILCS 3010/15— Notice of the public hearing shall be sent by mail to the persons who paid the general taxes for the last preceding year on each lot, block, tract, or parcel of land within the boundaries of the locality to be served by the proposed project and also to each occupant of premises within the locality
  • 70 ILCS 3010/16
  • 70 ILCS 3010/17
  • 70 ILCS 3010/18— If the board of trustees adopts a resolution to proceed with the construction or acquisition of the project as provided in section 17, they shall adopt an ordinance providing for the issuance of the bonds
  • 70 ILCS 3010/19a— Sufficient revenue derived from the operation of such a sewerage system, improvement, or extension shall be set aside as collected, and deposited in a special fund of the sanitary district
  • 70 ILCS 3010/20— This Act authorizes the issuance of revenue bonds provided for herein without submitting a proposition for the approval of the ordinance authorizing the bonds to the electors as required in the case of the issuance of bonds payable out of taxes levied for the payment of the bonds
  • 70 ILCS 3010/21— The provisions of this Act shall be cumulative and shall be considered as conferring additional power on sanitary districts and as additions to and not as limitation upon the powers of sanitary districts to construct, acquire, improve, extend, and operate sewerage systems
  • 70 ILCS 3010/22— If any provision of this Act is held invalid the invalidity of that provision shall not affect any of the other provisions of this Act
  • 70 ILCS 3010/24a— This Act may be cited as the Sanitary District Revenue Bond Act