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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 23b. In order to pay the cost of the acquisition or construction, maintenance and operation of such sewerage properties, the board of trustees of such water district is authorized to issue and sell additional revenue bonds which shall be payable solely from the income and revenue derived from the operation of such sewerage properties. The procedure for the issuance of such bonds shall be the same as the procedure provided for by this Act for the issuance of revenue bonds for waterworks properties.
Cite this article: FindLaw.com - Illinois Statutes Chapter 70. Special Districts § 3705/23b. Revenue bonds for acquisition, construction, maintenance and operation of sewerage properties - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-70-special-districts/il-st-sect-70-3705-23b/
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