reglab/housing_qa huggingface dataset:
55 ILCS 5/6-2009
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-2009)Sec. 6-2009.     Payment of notes.     Whenever funds are available for the  payment of notes issued under the provisions of this Division  the County Treasurer shall transmit same to the  bank designated in the note as the place of payment together with written  advice that funds are available to pay particular notes, designating same  in numerical order, and that same will cease to bear interest fifteen (15)  days subsequent to the date of such notice, and such bank shall pay  accordingly. The County Treasurer shall take receipt from the bank for such  remittance and thereafter such Treasurer shall be relieved of  responsibility in connection therewith, a copy of which notice shall be  published once by the County Treasurer in a newspaper published in the  County at least five (5) days prior to the date fixed for redemption. A  copy of such notice shall be mailed to any holder or owner of such notes or  agent thereof, requesting same in writing. Notes may state on their face  that they will not be subject to call on or before a date fixed in the  resolution by the Board but which date shall be approximately the date on  which it is anticipated the first tax collections will be received by the  County Treasurer. When notes are payable at the office of the County  Treasurer he shall set aside funds for payment of notes instead of  remitting to a bank and give notice of redemption as above provided, and  pay accordingly.    (Source: P.A. 86-962.)
55 ILCS 5/6-2010
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-2010)Sec. 6-2010.         Incontestability; payable only out of taxes  levied. Notes issued under the provisions of this Division shall be  incontestable after authentication by the County Treasurer and delivery to  a purchaser for a valuable consideration, and in like manner and to like  extent as though same were negotiable instruments, and shall be payable  only out of and from the proceeds of taxes levied and described in the  proceedings authorizing the issuance of the notes, and shall so state on  their face, and shall not be deemed to be an obligation of the County  within any constitutional or statutory limitation.    (Source: P.A. 86-962.)
55 ILCS 5/6-2011
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-2011)Sec. 6-2011.         Issuance of notes in excess of amount permitted;  penalty. Any official of the County who votes for or otherwise influences  the issuance of notes under this Division in excess of the limitations herein  provided shall be liable for twice the sum of such excessive notes to the  County and shall be ineligible for his office and be subject to removal  from office.    (Source: P.A. 86-962.)
55 ILCS 5/Div. 6-3 heading
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 Division 6-3.      Bonds for County Buildings
55 ILCS 5/6-3001
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3001)Sec. 6-3001.         Counties of 80,000 but less than 500,000; Bonds for jail  and sheriff's residence.  Any county having a population of 80,000 or more  inhabitants, but less than 500,000 inhabitants may by resolution of its  county board incur an indebtedness for the construction of a county jail  and sheriff's residence, and may issue and sell its bonds and levy taxes  upon all the taxable property of such county sufficient to pay the  principal thereof at maturity and to pay interest thereon as it falls due  but the total amount of such bonds, together with existing indebtedness,  shall not exceed the limitation provided by law for indebtedness of such  county. Taxes levied for the payment of the interest on and principal of  such bonds shall be in addition to the maximum of taxes provided by statute  for counties and shall not be subject to the limitation for county taxes  provided in Section 5-1020. In addition, a county having a population of  240,000 or more inhabitants bordering on the Mississippi River may by  resolution of its county board incur an indebtedness and issue and sell bonds  for the expansion or remodeling of a county jail and sheriff's residence.    (Source: P.A. 88-572, eff. 8-11-94; 88-661, eff. 9-16-94.)
55 ILCS 5/6-3002
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3002)Sec. 6-3002.     Publication of resolution.     After the  resolution of the county board providing for the issuance  of bonds has been adopted, it shall be published in some newspaper of  general circulation in the county, once each week for three weeks. If there  is no newspaper of general circulation in the county, then copies of the  resolution shall be posted in at least five of the most public places in  the county seat of the county.    (Source: P.A. 86-962.)
55 ILCS 5/6-3003
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3003)Sec. 6-3003.     Petition for referendum; election.     The publication or posting  of the resolution shall be accompanied by a notice of (1) the specific number  of voters required to sign a petition requesting the question of issuing bonds  for the purpose of obtaining funds to construct, expand, or remodel a  county jail and sheriff's residence to be submitted to the electors; (2) the  time in which such petition must be filed; and (3) the date of the prospective  referendum.  The county clerk shall provide a petition form to any individual  requesting one. If a petition is filed with the county clerk not later than 30  days after the first publication or the posting of the resolution, signed by  voters of the county numbering 10% or more of the number of the registered  voters in the county, requesting such clerk to call an election to vote upon  the proposition of issuing bonds for the purpose of obtaining funds to  construct, expand, or remodel a county jail and sheriff's residence, it  shall be the duty of such county clerk to certify the proposition to the proper  election officials, who shall submit the  proposition to the voters at an  election in accordance with the general election law. The proposition shall be  substantially in the following form:    --------------------------------------------------------------Shall..... county issue bonds               YESin the amount of $.... to construct,  ------------------------expand, or remodel a county jail                NOand sheriff's residence?--------------------------------------------------------------If a majority of the voters voting upon the aforesaid proposition  vote in favor of it, the bonds may be issued by such county, but if a  majority of the voters voting upon the proposition vote against said  proposition the county may not issue bonds for the purpose of  constructing, expanding, or remodeling a county jail and sheriff's  residence under the provisions of this Division.    (Source: P.A. 87-767; 88-572, eff. 8-11-94; 88-661, eff. 9-16-94.)
55 ILCS 5/6-3004
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3004)Sec. 6-3004.     When resolution effective.     If no  petition is filed within the time herein provided, the  resolution shall be in full force and effect at the expiration of such  period, and such county may proceed to incur the indebtedness and may issue  and sell its bonds. If a petition is filed, the resolution shall be in  abeyance until the election and it shall only be effective if the question  of incurring the indebtedness and the issuance of bonds in the amount  described, receives the favorable vote of a majority of the voters of the  county voting on the proposition.    (Source: P.A. 86-962.)
55 ILCS 5/6-3004.1
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3004.1)Sec. 6-3004.1.     County under 80,000.     (a) Any county having a population  under 80,000 may, by resolution of its county board, incur an indebtedness  for the construction of a county jail and sheriff's residence, and issue  and sell its bonds and levy taxes upon all the taxable property of the  county sufficient to pay the principal of the bonds at maturity and to pay  interest on the bonds as it falls due, upon approval of the issuance of the  bonds at a referendum held in accordance with the general election law.(b) The total amount of the bonds, together with existing indebtedness,  shall not exceed the limitation provided by law for indebtedness of the county.(c) Upon adoption of the resolution, the county board shall certify the  question of the issuance of the bonds to the appropriate election  officials. The question shall be submitted to the electors of the county in  substantially the following form: Shall ... County issue bonds in the  amount of $ ... to construct a county jail and sheriff's residence? The  question is approved if a majority of the electors voting on the question  vote in favor of it.(d) Taxes levied for the payment of the interest on and the principal of  the bonds shall be in addition to the maximum of taxes provided by statute  for counties and shall not be subject to the limitation for county taxes  provided in Section 5-1014.    (Source: P.A. 86-1028.)
55 ILCS 5/6-3005
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3005)Sec. 6-3005.         Counties of 500,000 or more but less than 1,000,000;  bonds for construction or remodeling of county jails.  Any county with  a population of 500,000 or more inhabitants, but less than 1,000,000  inhabitants may by resolution of its county board incur an indebtedness for  the construction or remodeling of a county jail and for the acquisition of  land and fixtures therefor, and may issue and sell bonds therefor, and levy  taxes upon all taxable property of the county sufficient to pay the  principal on bonds at maturity and to pay the interest thereon as it  falls due.    (Source: P.A. 86-962.)
55 ILCS 5/6-3006
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3006)Sec. 6-3006.     Resolution.     The resolution of the county board  authorizing the issuance of bonds shall prescribe the details of the bonds  and specify the total amount of the bonds to be issued, the form and  denomination of the bonds, the date which they bear, the place they are  payable, the date or dates of maturity, which shall not be more than 30  years after the date of the bonds, the rate of interest, which shall not  exceed the greater of (i) the maximum rate authorized by the Bond  Authorization Act, as amended at the time of the making of the contract, or  (ii) 8% per annum, and the dates on which the interest is payable.With respect to instruments for the payment of money issued under this  Section or its predecessor either before, on, or after the effective date  of Public Act 86-4, it is and always has been the intention of the General  Assembly (i) that the Omnibus Bond Acts are and always have been  supplementary grants of power to issue instruments in accordance with the  Omnibus Bond Acts, regardless of any provision of this Division or "An Act  to authorize certain counties to incur an indebtedness and issue bonds for  the construction of county jails and sheriffs' residences", filed July 3,  1935, that may appear to be or to have been more restrictive than those  Acts, (ii) that the provisions of this Section or its predecessor are not a  limitation on the supplementary authority granted by the Omnibus Bond Acts,  and (iii) that instruments issued under this Section or its predecessor  within the supplementary authority granted by the Omnibus Bond Acts are not  invalid because of any provision of this Division or "An Act to authorize  certain counties to incur an indebtedness and issue bonds for the  construction of county jails and sheriffs' residences", filed July 3, 1935,  that may appear to be or to have been more restrictive than those Acts.    (Source: P.A. 86-962; 86-1028.)
55 ILCS 5/6-3007
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3007)Sec. 6-3007.     Publication of resolution.     After  the resolution of the county board providing for the  issuance of bonds has been adopted, it shall be published in one or more  newspapers of general circulation in the county, once each week for three  weeks.  If there is no newspaper of general circulation in the county, then  copies of the resolution shall be posted in at least five of the most  public places in the county seat of the county.  The publication or posting  of the resolution shall include a notice of (1) the specific number of  voters required to sign a petition requesting that the question of the  adoption of the resolution be submitted to the voters of the county; (2)  the time in which the petition must be filed; and (3) the date of the  prospective referendum.  The county clerk shall provide a petition form to  any individual requesting one.    (Source: P.A. 86-962.)
55 ILCS 5/6-3008
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3008)Sec. 6-3008.     Tax levy.     The resolution authorizing the bonds  shall also provide for the levy and collection of a direct annual tax upon  all taxable property in the county sufficient to pay the principal of the  bonds at maturity, the interest on the bonds as it falls due, and the cost  of operations and maintenance of the facility.  Such tax shall not exceed  .07% of the value of the property as equalized or assessed by the  Department of Revenue, but shall not be subject to any other statutory  limitations relative to taxes which may be extended for county purposes,  and shall not be subject to the limitations provided in Section 5-1020.    (Source: P.A. 86-962.)
55 ILCS 5/6-3009
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3009)Sec. 6-3009.     Execution and terms of bonds.     The bonds shall be  executed by such officials as may be provided in the resolution authorizing  the issue.  The bonds may be made registerable as to principal and may be made  callable on any interest payment date at par and accrued interest after notice  has been given at the time and in the manner provided in the resolution.  The  bonds shall remain valid even though one or more of the officers executing  the bonds ceases to hold office before the bonds are delivered.    (Source: P.A. 86-962.)
55 ILCS 5/6-3010
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3010)Sec. 6-3010.     Sinking fund.     The resolution of the county board may  provide for the creation of a sinking fund to consist of the proceeds of  the taxes levied for the payment of the principal and interest upon these  bonds.  The fund shall be faithfully applied to the purchase or payment of  the bonds, and the interest thereon, issued pursuant to the provisions of  this Division.    (Source: P.A. 86-962.)
55 ILCS 5/6-3011
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3011)Sec. 6-3011.     Sale of bonds.     The bonds shall be sold to the highest  and best bidder at not less than their par value and accrued interest.  The  county board shall advertise for proposals to purchase the bonds.  Such  advertisement shall be published at least once in a newspaper having  circulation within the county at least 10 days prior to the date for  opening the bids.  The county board may reserve the right to reject any and  all bids and to readvertise for bids.    (Source: P.A. 86-962.)
55 ILCS 5/6-3012
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3012)Sec. 6-3012.     Petition for referendum.     If a petition is filed with the  county clerk not later than 30 days after the first publication or the  posting of the resolution, signed by voters of the county numbering 10%  or more of the registered voters in such county,  requesting an election to vote upon the proposition of issuing bonds for  the purpose of obtaining funds to construct a county jail and sheriff's  residence, the county clerk shall certify the proposition to the proper  election officials, who shall submit the proposition to the voters at an  election in accordance with the general election law.  The ballot shall be  substantially in the following form:    --------------------------------------------------------------Shall .... county issue bonds            YESin the amount of .....  to construct   -----------------------a county jail?NO--------------------------------------------------------------If a majority of the voters voting upon the aforesaid proposition vote in  favor of it, the bonds may be issued by such county, but if a majority of  the voters voting upon the proposition vote against the proposition, the  county may not issue bonds for the purpose of constructing a county jail  under the provisions of this Division.    (Source: P.A. 86-962; 87-767.)
55 ILCS 5/6-3013
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-3013)Sec. 6-3013.     Effective date of resolution.     If no petition  is filed within the time herein provided, the resolution shall  be in full force and effect at the expiration of such 28-day  period, and such county may proceed to incur the indebtedness  and may issue and sell its bonds.  If a petition is filed, the  resolution shall be in abeyance until the indebtedness and the  issuance of bonds in the amount described receives the favorable  vote of a majority of the voters of the county voting on the  proposition.    (Source: P.A. 86-962.)
55 ILCS 5/Div. 6-4 heading
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 Division 6-4.      Bonds for Court Houses
55 ILCS 5/6-4001
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4001)Sec. 6-4001.     Bonds for construction or remodeling of courthouses.     Any  county with a population of more than 300,000 and an increase in population  of 30% or more from any decennial census to the next such census, by  resolution of its county board may incur indebtedness for the  reconstruction and remodeling of an existing courthouse or the construction  of a new courthouse and related facilities at the same or a new location  and for the acquisition of land and fixtures therefor, issue and sell  general obligation bonds therefor and levy taxes upon all taxable property  of the county sufficient to pay the principal on the bonds at maturity and  to pay interest thereon as it falls due.    (Source: P.A. 86-962.)
55 ILCS 5/6-4002
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4002)Sec. 6-4002.     Resolution.     The resolution of the county board  authorizing the issuance of the general obligation bonds shall prescribe  all the details of the bonds and specify the total amount of the bonds to  be issued, the form and denomination of the bonds, the date they are to  bear, the place they are payable, the date or dates of maturity, which  shall not be more than 30 years after the date of the bonds, the rate of  interest, which shall not exceed that authorized by "An Act to authorize  public corporations to issue bonds, other evidences of indebtedness and tax  anticipation warrants subject to interest rate limitations set forth  therein", approved May 26, 1970, as amended, and the dates on which the  interest is payable.    (Source: P.A. 86-962.)
55 ILCS 5/6-4003
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4003)Sec. 6-4003.     Tax levy.     The resolution authorizing the bonds shall  also provide for the levy and collection of a direct annual tax upon all  taxable property in the county sufficient to pay the principal of the bonds  at maturity and to pay the interest thereon as it falls due. Such tax shall  not exceed .05% of the value of the property as equalized or assessed by  the Department of Revenue, but shall not be subject to any other statutory  limitations relative to taxes which may be extended for county purposes,  and shall not be subject to the limitations provided in Section 5-1020. The tax  may be levied without referendum.    (Source: P.A. 88-670, eff. 12-2-94.)
55 ILCS 5/6-4004
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4004)Sec. 6-4004.     Execution and terms of bonds.     The bonds shall be  executed by such officials as may be provided in the resolution authorizing  the issue.  The bonds may be made registerable as to principal and may be  made callable on any interest payment date at par and accrued interest after  notice has been given at the time and in the manner provided in the resolution.  The bonds shall remain valid even though one or more of the officers executing  the bonds ceases to hold office before the bonds are delivered.    (Source: P.A. 86-962.)
55 ILCS 5/6-4005
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4005)Sec. 6-4005.     Sinking fund.     The resolution of the county board may  provide for the creation of a sinking fund to consist of the proceeds of  the taxes levied for the payment of the principal and interest upon these  bonds.  This fund shall be faithfully applied to the purchase or payment of  the bonds, and the interest thereon, issued pursuant to the provisions of  this Division.    (Source: P.A. 86-962.)
55 ILCS 5/6-4006
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4006)Sec. 6-4006.     Sale of bonds.     The bonds shall be sold to the highest  and best bidder at not less than their par value and accrued interest.  The  county board shall advertise for proposals to purchase the bonds.  Such  advertisement shall be published at least once in a newspaper having  circulation within the county at least 10 days prior to the date for  opening the bids.  The county board may reserve the right to reject any and  all bids and to readvertise for bids.    (Source: P.A. 86-962.)
55 ILCS 5/6-4007
2021 Illinois Compiled Statutes|Chapter 55 - COUNTIES|55 ILCS 5/ - Counties Code.|Article 6 - Finance

 (from Ch. 34, par. 6-4007)Sec. 6-4007.     Publication of resolution.     After the  resolution of the county board providing for the establishment  of an annual levy has been adopted, it shall be published in some newspaper  of general circulation in the county, once each week for 3 weeks.  If there  is no newspaper of general circulation in the county, then copies of the  resolution shall be posted in at least 5 of the most public places in the  county seat of the county.The publication or posting of the resolution shall include a notice of  (1) the specific number of voters required to sign a petition requesting  that the question of the adoption of the tax levy be submitted to the  voters of the county; (2) the time within which the petition must be filed;  and (3) the date of the prospective referendum.  The county clerk shall  provide a petition form to any individual requesting one.    (Source: P.A. 86-962; 86-1253.)