Illinois Statutes

§ 4-27 — Contracts, Agreements and Cooperation

Illinois·Topic GOVERNMENT·Ch. 70 SPECIAL DISTRICTS·Act 70 ILCS 605/ Illinois Drainage Code.·Art. Article IV - Commissioners And Other Officers--Selection, Qualifications, Powers And Duties

The commissioners, subject to the approval of the court, shall have the power and authority:

(a)To levy and collect assessments as provided in this Act, when such assessments become necessary to avail the district of financial assistance from any appropriation made by the Government of the United States, the State of Illinois or any of their agencies.
(b)To negotiate for and obtain a loan from the State or Federal Government, or any officer or agency of either, upon such terms and conditions as the commissioners deem to be in the best interest of the district, for the purpose of paying or redeeming outstanding bonds and other obligations of the district, for the purpose of paying the cost or a portion of the cost of any work or improvements beneficial to the district, or for any other la

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Legislative History

(Source: P.A. 86-297.)

Nearby Sections

15
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