(20 ILCS 3110/7) (from Ch. 127, par. 213.7)
Sec. 7.
Charges.
The charges, fees or rentals established by the Authority for the use of
any facilities acquired, constructed, completed, remodeled or equipped in
whole or in part with the proceeds of the bonds issued as provided in this
Act shall be sufficient at all times to pay the principal of and interest
on the bonds and a proportion of the administrative expenses of the
Authority as provided for by each lease, and such reserves as may be
provided in the resolutions of issuance.
(Source: Laws 1967, p. 2932.)
|