Illinois Statutes Chapter 65. Municipalities § 5/11-24-2. Public works projects; issuance of bonds; acquisition of property

(a) construct any public works project within or without the city or partially within and partially without the city.

(b) operate and maintain any public works project.

(c) contract debts for the construction of any public works project, may borrow money and may issue its bonds to finance all or part of such construction. Any such city incurring any indebtedness as aforesaid, shall, before or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due and also to pay and discharge the principal thereof within 20 years from the time of contracting the same.

(d) acquire by purchase, gift or grant, and may hold and dispose of any property, real or personal, tangible or intangible, or any right or interest in any such property in connection with any public works project.

(e) perform any acts authorized under this Division 24 through or by means of its own officers, agents and employees or by contracts with corporations, firms or individuals.

(f) do all acts and things necessary or convenient to carry out the powers expressly given in this Division 24.