(20 ILCS 3501/825-60)
Financially Distressed City Assistance Program Limitation.
addition to the bonds authorized to be issued under
Sections 801-40(w), 825-65(e),
830-25 and 845-5, the Authority may have outstanding at any time, bonds for the
purposes enumerated in
Sections 825-20 through 825-60 in an aggregate principal
amount that shall not exceed $50,000,000. Such bonds shall not constitute an
indebtedness or obligation of the State of Illinois, and it shall be plainly
stated on the face of each bond that it does not constitute such an
indebtedness or obligation but is payable solely from the revenues, income or
other assets of the Authority pledged therefor.
(Source: P.A. 93-205, eff. 1-1-04.)