(70 ILCS 1275/10) (from Ch. 105, par. 255.36)
Sec. 10.
The board of any park district issuing bonds hereunder may
levy and collect a direct annual tax upon the property within the
district sufficient to pay the principal of and interest upon the bonds
as they mature. The county clerk of the county in which the district is
located shall annually extend taxes against all the taxable property in
the district sufficient to pay the principal of and interest upon such
bonds as they mature. The rate at which such taxes shall be extended
shall be in addition to the maximum rate now or hereafter authorized to
be levied and extended for general corporate purposes.
(Source: Laws 1947, p. 1255.)
|