105 ILCS 5/12-13
2021 Illinois Compiled Statutes|Chapter 105 - SCHOOLS|105 ILCS 5/ - School Code.|Article 12 - High School Districts--Nonhigh School Districts--Community High School Districts

 (from Ch. 122, par. 12-13)Sec. 12-13.     Bond issue - Resolution - Election.     If there has been a delay in the extension and collection of taxes  levied by the governing body of any nonhigh school district caused by a  reassessment of real property therein, the district may issue bonds for  the purpose of paying unpaid tuition claims or other claims against it.Before any nonhigh school district issues any such bonds the board  of education shall examine and consider the claims proposed to be paid,  and if it appears that they were authorized and allowed for proper  nonhigh school purposes, it shall adopt a resolution so declaring and  set forth and describe in detail such claims. The adoption of the  resolution shall establish the validity thereof. The resolution shall  also declare the intention of the nonhigh school district to issue  bonds for the purpose of paying such claims and direct that notice of  such intention be published at least once in a newspaper published and having  a general circulation in the district, if there be one, but if there is no  newspaper published in such district then by publishing such notice in a  newspaper having a general circulation in the district or if no newspaper  is published in the district in one or more newspapers with a general  circulation in the district. The notice shall include a statement 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 electors  of the district; (2) the time in which the petition must be filed; and (3)  the date of the prospective referendum.  The recording officer of the district shall provide a petition form to any  individual requesting one. If within 30 days after the  publication a petition is filed with the recording officer of the  district, signed by voters of the district  equal to 10% or more of the registered voters of the district, requesting  that the proposition to issue the bonds be submitted to the voters  thereof, then such district shall not be authorized to issue them until  either the petition has been determined to be invalid or insufficient or  the proposition has been submitted to and approved by a majority of the  voters voting on the proposition at a regular scheduled election.  The board  shall certify the proposition to the proper election authorities for submission  in accordance with the general election law. If no such petition  is filed, or if any and all petitions filed are invalid, such  district may issue the bonds. In addition to the requirements of the general  election law the notice of the election shall set forth the  intention of the district to issue bonds under the provisions of this  Section.  The ballot to be used at the election shall be in substantially  the following form:    OFFICIAL BALLOT    --------------------------------------------------------------Shall the Board of Educationof Nonhigh School District No.                YES...., .... County, Illinois, be            -------------------authorized to issue bonds as authorized        NOby Sec. 12-13 of the School Code?--------------------------------------------------------------    (Source: P.A. 87-767.)