Living War Memorial Act

Sections covered

• 70 ILCS 1275/0.01Short title
• 70 ILCS 1275/1Special Districts › 70 ILCS 1275 — Living War Memorial Act
• 70 ILCS 1275/10The board of any park district issuing bonds hereunder may levy and collect a direct annual tax upon the property within the district sufficient to pay the principal of and interest upon the bonds as they mature
• 70 ILCS 1275/2Special Districts › 70 ILCS 1275 — Living War Memorial Act
• 70 ILCS 1275/3Special Districts › 70 ILCS 1275 — Living War Memorial Act
• 70 ILCS 1275/4Special Districts › 70 ILCS 1275 — Living War Memorial Act
• 70 ILCS 1275/5The circuit court shall designate the election at which the question shall be submitted, and the circuit clerk shall give notice of the referendum as required by the general election law
• 70 ILCS 1275/7The proposition shall be in substantially the following form: -------------------------------------------------------------- Shall the
• 70 ILCS 1275/8If a majority of the votes cast upon the proposition so submitted are in favor of the issuance of the bonds, it shall be the duty of the board to issue the bonds of the district not exceeding the amount voted upon at the election
• 70 ILCS 1275/9All bonds issued under authority of this Act shall be payable over a period of not less than five nor more than twenty years from the date of issue and shall bear interest at a rate not to exceed six per cent per annum, payable semiannually