reglab/housing_qa huggingface dataset:
65 ILCS 5/11-73-2
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-73-2)Sec. 11-73-2.         This Division 73 shall not be in force in any municipality  until the question of its adoption is submitted to the electors of the  municipality and approved by a majority of those voting on the question.  The  municipal clerk shall certify the question to the proper election authority  shall submit the question at an election in accordance with the  general election law.The question shall be in substantially the following form:    --------------------------------------------------------------Shall Division 73 of theIllinois Municipal Code permittingmunicipalities to levy an additional              YESannual tax of not to exceed 0.05%for the establishment and maintenance         ----------------of a long term forestry programfor the propagation and preservation               NOof community trees and for the removalof dead or diseased trees be adopted?--------------------------------------------------------------If a majority of the votes cast on the question are in favor of adopting  this Division 73, the Division is adopted.  It shall be in force in the  adopting municipality for the purpose of the fiscal years succeeding the  year in which the election is held.    (Source: P.A. 92-651, eff. 7-11-02.)
65 ILCS 5/Art. 11 Div. 73.1 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 DIVISION 73.1.      MUNICIPAL AND JOINT MUNICIPAL TREE PLANTING PROGRAMS
65 ILCS 5/11-73.1-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-73.1-1)Sec. 11-73.1-1.         The following terms whenever used or referred to in  this Division shall have the following meanings unless the context requires otherwise:(1) "Governing body" means, with respect to a municipality, the council,  city council, board of trustees, or other corporate authority of the municipality  which exercises the general governmental powers of such municipality.(2) "Municipality" means a city, village or incorporated town in the State  of Illinois which establishes a municipal tree planting program.(3) "Long-term contract" means an agreement with a duration of 10 years or less.(4) "Municipal tree planting program" means a plan established by  a municipality which provides for the planting of trees  on property located within the municipality.    (Source: P.A. 83-1466.)
65 ILCS 5/11-73.1-2
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-73.1-2)Sec. 11-73.1-2.     Municipal tree planting programs.     Any municipality may  by ordinance establish a tree planting program. Any municipality or any  2 or more municipalities, contiguous or noncontiguous, may by ordinance adopted  by the governing body of each municipality enter into long term contracts  with a vendor of trees for the purchase and delivery of such trees as may  be necessary and appropriate for, and consistent with, an established tree  planting program.    (Source: P.A. 83-1466.)
65 ILCS 5/11-73.1-3
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-73.1-3)Sec. 11-73.1-3.         Each municipality shall have full power and authority,  subject to the provisions of its charter and laws regarding local finance,  to appropriate money for the payment of expenses related to a tree planting program.    (Source: P.A. 83-1466.)
65 ILCS 5/11-73.1-4
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-73.1-4)Sec. 11-73.1-4.         A municipality may perform any act authorized by this  Division through, or by means of, its officers, agents or employees or by  contract with others, including, without limitation, the employment of engineers,  landscapers, attorneys and other such consultants as may be required in the  judgment of the governing body of the municipality.    (Source: P.A. 84-946.)
65 ILCS 5/Art 11 prec Div 74 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 PROCUREMENT OF INDUSTRIAL BUILDINGS
65 ILCS 5/Art. 11 Div. 74 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 DIVISION 74.      INDUSTRIAL PROJECT REVENUE BOND ACT
65 ILCS 5/11-74-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-1)Sec. 11-74-1.         This Division 74 may be cited as "The Industrial Project Revenue Bond  Act".    (Source: P.A. 77-1453.)
65 ILCS 5/11-74-2
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-2)Sec. 11-74-2.   Whenever used in this Division 74, unless a different  meaning clearly appears from the context:(1) "Industrial project" means any: (a) capital project, including one or  more buildings and other structures, improvements, machinery and equipment  whether or not on the same site or sites now existing or hereafter  acquired, suitable for use by any manufacturing, industrial, research,  transportation or commercial enterprise, including but not limited to use  as a factory, mill, processing plant, assembly plant, packaging plant,  fabricating plant, office building, industrial distribution center,  warehouse, repair, overhaul or service facility, freight terminal, research  facility, test facility, railroad facility, or commercial facility, and  including also the sites thereof and other rights in land therefor whether  improved or unimproved, site preparation and landscaping, and all  appurtenances and facilities incidental thereto such as utilities, access  roads, railroad sidings, truck docking and similar facilities, parking  facilities, dockage, wharfage, and other improvements necessary or  convenient thereto; (b) land, buildings, machinery or equipment  comprising an addition to or renovation, rehabilitation or improvement of  any existing capital project; (c) construction, remodeling or conversion  of a structure to be leased to the Illinois Department of Corrections for  the purposes of its serving as a correctional institution or facility  pursuant to paragraph (c) of Section 3-2-2 of the Unified Code of  Corrections; (d) construction, remodeling or conversion of a structure  to be leased to the Department of Central Management Services for the  purpose of serving as a State facility pursuant to Section 405-320  of the  Department of Central Management Services Law; or (e) use or disposal of surplus real estate owned by the municipality.(2) "Municipality" includes any city, village or incorporated town in this  State.  (Source: P.A. 102-239, eff. 8-3-21.)
65 ILCS 5/11-74-3
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-3)Sec. 11-74-3.         It is hereby determined and declared that the purpose of this  Division 74 is to relieve conditions of unemployment, to maintain existing  levels of employment, to aid in the  rehabilitation of returning veterans, and to encourage the increase of  industry and commerce within this State, thereby reducing the evils attendant upon  unemployment, to increase the tax base of the various municipalities of  this State and to permit municipalities in this State to take as much advantage  of the provisions of Section 103 of the United States Internal Revenue Code  as is possible, which are all declared and determined to be public purposes  and for the public safety, benefit and welfare of the residents of this State.    (Source: P.A. 81-1376.)
65 ILCS 5/11-74-5
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-5)Sec. 11-74-5.         The financing of the construction, acquisition, reconstruction,  improvement, betterment or extension of any industrial project may be  authorized under this Division 74 and bonds may be authorized to be  issued under this Division 74 to provide funds for such purpose or  purposes or for the refunding of bonds theretofore issued under this  Division 74, by resolution of the corporate authorities which may be  adopted at the same meeting at which it is introduced by a majority  of all the members thereof then in office and shall take effect  immediately upon adoption.  The bonds shall bear interest at such rate  or rates without regard to any limitation in any other law, payable at  such times, may be in  one or more series, may bear such date or dates, may mature at such time  or times not exceeding 40 years from their respective dates, may be  payable in such medium of payment at such place or places, may carry  such registration privileges, may be subject to such terms of  redemption, may be executed in such manner, may contain such terms,  covenants, and conditions, and may be in such form, either coupon or  registered, as such resolution or subsequent resolutions may provide.  The bonds may be sold in such manner and upon such terms as may be  deemed advisable by the corporate authorities. Pending the preparation of the  definitive bonds, interim receipts or certificates in such form and with  such provisions as the corporate authorities may determine, may be  issued to the purchaser or purchasers of bonds sold pursuant to this  Division 74.  The bonds and interim receipts or certificates are fully  negotiable within the meaning and for all purposes of the "Uniform Commercial Code".    (Source: P.A. 82-746.)
65 ILCS 5/11-74-6
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-6)Sec. 11-74-6.         No bonds may be issued under this Division 74 unless the bond  issue is approved by the affirmative vote of 3/5 of the corporate authorities.    (Source: P.A. 77-1453.)
65 ILCS 5/11-74-7
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-7)Sec. 11-74-7.         Any resolution authorizing the issuance of bonds under this Division  74 may contain covenants as to (a) the use and disposition of the  income and revenues from or with respect to the industrial  project for which the bonds are to be  issued, including the creation and maintenance of reserves; (b) the  issuance of other or additional bonds payable from the income and  revenues from or with respect to such industrial project; (c) the maintenance  and repair of  such industrial project; (d) the insurance to be carried thereon and the  use and disposition of insurance moneys; and (e) the terms and  conditions upon which the holders of the bonds or any portion thereof or  any trustees therefor, are entitled to the appointment of a receiver by  a court of competent jurisdiction  in such proceedings,  and which receiver may enter and take possession of the industrial  project if it is then owned by the municipality and lease, sell or otherwise  dispose of it and maintain it, prescribe rentals or other payments and collect,  receive, and apply all income and revenues thereafter arising therefrom  in the same manner and to the same extent as the municipality itself  might do. Any resolution authorizing the issuance of bonds under this  Division 74 may provide that the principal of and interest on any bonds  issued under this Division 74 shall be secured by a mortgage or deed of  trust covering such industrial project for which the bonds are issued  and may include any improvements or extensions thereafter made. Such  mortgage or deed of trust may contain such covenants and agreements to  properly safeguard the bonds as may be provided for in the resolution  authorizing such bonds but not inconsistent with this Division 74 and  shall be executed in the manner as may be provided for in the  resolution. A mortgage or deed of trust by which a security interest is  created or a financing statement relating thereto need not be filed or recorded  under the Uniform Commercial Code, or otherwise, except in the records of  the municipality. The provisions of this Division 74 and any such resolution  or resolutions and any such mortgage or deed of trust is a contract with  the holder or holders of the bonds and continues in effect until the  principal of and the interest on the bonds so issued has been fully  paid, and the duties of the municipality and its corporate authorities  and officers under this Division 74 and any such resolution or  resolutions and any such mortgage or deed of trust are enforceable by  any bondholder by mandamus, injunction, foreclosure of any such mortgage or deed of  trust or other appropriate suit, action or proceedings in any court of  competent jurisdiction.    (Source: P.A. 83-345.)
65 ILCS 5/11-74-8
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-8)Sec. 11-74-8.         The bonds bearing the signatures of officers in office on the date of  the signing thereof are valid and binding obligations, notwithstanding that  before the delivery thereof and payment therefor any or all the persons  whose signatures appear thereon have ceased to be officers of the  municipality issuing such bonds. The validity of the bonds is not dependent  on nor affected by the validity or regularity of any proceedings relating  to the acquisition, purchase, construction, reconstruction, improvement,  betterment or extension of the industrial project for which the bonds are  issued. The resolution authorizing the bonds may provide that the bonds  shall contain a recital that they are issued pursuant to this Division 74,  which recital is conclusive evidence of their validity and of the  regularity of their issuance.    (Source: P.A. 77-1453.)
65 ILCS 5/11-74-9
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-9)Sec. 11-74-9.         All bonds issued under this Division 74 have a lien upon the income and  revenues delivered by the municipality with respect to the industrial project  for which the bonds have been issued, and  the governing body may provide in the resolution or resolutions  authorizing such bonds for the issuance of additional bonds to be  equally and ratably secured by a lien upon such income and revenues or may provide  that the lien upon such income and revenues for future bonds is subordinate.    (Source: P.A. 81-1376.)
65 ILCS 5/11-74-10
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-10)Sec. 11-74-10.         No holder of any bonds issued under this Division 74 has the right to  compel any exercise of taxing power of the municipality to pay the bonds or  the interest thereon, and the bonds do not constitute an indebtedness of  the municipality or a loan of credit thereof within the meaning of any  constitutional or statutory provision. It shall be plainly stated on the  face of each bond that it has been issued under the provisions of this  Division 74 and that it does not constitute an indebtedness of the  municipality or a loan of credit thereof within the meaning of any  constitutional or statutory provision.    (Source: P.A. 77-1453.)
65 ILCS 5/11-74-11
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-11)Sec. 11-74-11.         The corporate authorities of a municipality issuing bonds pursuant to  this Division 74 shall prescribe and collect revenues with respect to an industrial  project and shall revise such from time to time whenever necessary so  that such revenues are always  sufficient to pay when due all bonds and interest thereon for the  payment of which such revenues are pledged, including reserves therefor.    (Source: P.A. 81-1376.)
65 ILCS 5/11-74-12
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-12)Sec. 11-74-12.         It is not necessary for any municipality proceeding under this Division  74 to obtain any certificate of convenience or necessity, franchise,  license, permit, or other authorization from any bureau, board, commission,  or other lay instrumentality of this State in order to acquire, construct,  purchase, reconstruct, improve, better or extend any industrial project or  for the issuance of bonds in connection therewith.    (Source: P.A. 77-1453.)
65 ILCS 5/11-74-13
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-13)Sec. 11-74-13.         The powers conferred by this Division 74 are in addition and  supplemental to, and the limitations imposed by this Division 74 shall not  affect, the powers conferred by any other law. Industrial project may be  acquired, purchased, constructed, reconstructed, improved, bettered and  extended, and bonds may be issued under this Division 74 for such purposes,  notwithstanding that any other law may provide for the acquisition,  purchase, construction, reconstruction, improvement, betterment and  extension of a like industrial project, or the issuance of bonds for like  purposes, and without regard to the requirements, restrictions, limitation  or other provisions contained in any other law.This amendatory Act of 1971 does not apply to any municipality which is  a home rule unit.    (Source: P.A. 77-1453.)
65 ILCS 5/11-74-14
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74-14)Sec. 11-74-14.     Disclosure of interest.     Any member of the corporate authority  of a municipality shall disclose any pecuniary interest in any employment,  financing, agreement or other contract made under the provisions of this  Division 74 before any action by the corporate authority on it, and shall  not vote on any such matter. Notwithstanding the provisions of any other  law, any financing agreement or other contract made or procured in conformity  with the provisions of this Section shall not be void by reason of the pecuniary  interest of any member of the corporate authority of the municipality therein;  nor shall such person be subject to any penalty by reason of the making  or procuring thereof.    (Source: P.A. 81-1376.)
65 ILCS 5/Art. 11 Div. 74.1 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 DIVISION 74.1.      ACQUIRING LAND FOR INDUSTRIAL PURPOSES
65 ILCS 5/11-74.1-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.1-1)Sec. 11-74.1-1.         For the public purposes set forth in the Illinois  Finance Authority Act, the corporate authorities  of each municipality may (1) acquire, singly or jointly with other  municipalities  or counties, by gift, purchase or otherwise, but not by condemnation, except  in furtherance of the Illinois  Finance Authority Act, land,  or any interest in land, whether located within or without its corporate  limits, and, singly or jointly, may improve or arrange for the improvement  of such land for industrial or commercial purposes and may donate and  convey such land,  or interest in land, so acquired and so improved, to the Illinois  Finance Authority; and (2) donate corporate  funds to such Authority.    (Source: P.A. 93-205, eff. 1-1-04.)
65 ILCS 5/Art 11 prec Div 74.2 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

              COMMERCIAL BLIGHT AREAS
65 ILCS 5/Art. 11 Div. 74.2 heading
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 DIVISION 74.2.      COMMERCIAL RENEWAL AND REDEVELOPMENT AREAS
65 ILCS 5/11-74.2-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-74.2-1)Sec. 11-74.2-1.     It is hereby found and declared:(a) In certain municipalities of the State there exist commercial  blight or conservation areas where a major portion of the commercial buildings and  structures are detrimental to the health, safety and welfare of the  occupants and the welfare of the urban community because of age,  dilapidation, overcrowding or faulty arrangement, or lack of  ventilation, light, sanitation facilities, adequate utilities or access  to transportation, commercial marketing centers or to adequate labor  supplies.(b) Such commercial blight or conservation areas are usually situated in the older  and centrally located areas of the municipalities involved, and once  existing, spread unless eradicated.(c) As a result of these degenerative conditions the commercial  properties embraced in a commercial blight or conservation area fall into a state of  non-productiveness or limited productiveness, and fail to produce their  due and proper share of taxes.(d) The conditions in a commercial blight or conservation area necessitate excessive  and disproportionate expenditures of public funds for crime prevention,  public health and safety, fire and accident protection, and other public  services and facilities and constitute a drain upon the public revenue.  These conditions impair the efficient, economical and indispensable  governmental functions of the municipalities embracing such areas, as  well as the governmental functions of the State.(e) In order to promote and protect the health, safety, morals and  welfare of the public it is necessary to provide for the eradication and  elimination of commercial blight or conservation areas and the construction of  redevelopment projects and commercial projects in these areas.(f) The eradication and elimination of commercial blight or conservation areas and  the construction of redevelopment projects financed by private capital,  with financial assistance from governmental bodies, in the manner  provided in this Division are hereby declared to be a public use  essential to the public interest.    (Source: P.A. 81-3.)