§ 255-50 — G.O

Illinois § 255-50

• Jurisdiction: Illinois
• Topic: GOVERNMENT
• Ch. 70: SPECIAL DISTRICTS
• Act 70 ILCS 200/: Civic Center Code.
• Art.: Article 255 - Springfield Metropolitan Exposition And Auditorium Authority

Text

bonds; election. General obligation bonds of the Authority, the aggregate outstanding unpaid balance of which exceeds 1 1/2% of the total assessed valuation of all taxable property within the metropolitan area shall not be issued until the proposition to issue the same has been certified to the proper election officials who shall submit the proposition at an election in accordance with the general election law. Any such proposition shall be in substantially the following form: -------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Shall bonds of the "Springfield Metropolitan Exposition and YES Auditorium Authority" in the -------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - amount of.... Dollars ($....) NO be issued for the purpose of ....? -------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Legislative History

(Source: P.A. 90-328, eff. 1-1-98 .)