(70 ILCS 405/26a.2) (from Ch. 5, par. 131a-2)
Sec. 26a.2.
If a majority of the votes cast in the referendum under Section
26a.1 are cast in favor of the proposed division and if the Department
determines that such division is administratively practicable and feasible,
the Department shall also determine the boundaries of the proposed new
districts, record these determinations and proceed with the division of the
district in the manner hereinafter provided. If less than a majority of the
votes cast in the referendum are cast in favor of the proposed division or
if the Department determines that such division is not administratively
practicable and feasible, it shall record such determination and deny the
petition.
After the Department has determined that the proposed division is
administratively practicable and feasible, it shall consider the proposed
division of the district's assets and liabilities. If the plan suggested in
the petition appears to be fair and equitable, the Department shall approve
it and the assets and liabilities shall be distributed and assumed in
accordance therewith. The Department may, however, make whatever
modifications in the plan of distribution it deems necessary to make the
scheme fair and equitable.
(Source: Laws 1959, p. 2249.)
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