HB1190 EngrossedLRB100 02350 AWJ 12355 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Sanitary District Act of 1936 is amended by
5adding Section 4.3 as follows:
 
6    (70 ILCS 2805/4.3 new)
7    Sec. 4.3. Combined waterworks and sewerage system. A
8sanitary district may, by ordinance, combine and jointly
9operate the district's waterworks and sewerage systems. A
10sanitary district operating a combined waterworks and sewerage
11system may: (i) improve and extend that system; (ii) impose
12rates and collect charges for the use of that system; and (iii)
13issue obligations and bonds under the same terms and conditions
14that it may issue obligations or bonds for a waterworks system
15or for a sewerage system and may pledge revenues from the
16combined waterworks and sewerage system in payment of the
17obligations or bonds.