(70 ILCS 2805/32b) (from Ch. 42, par. 443b)
Sec. 32b.
Any sanitary district created hereunder, after being authorized
by an affirmative vote of the legal voters of the district at an election
to be held as is hereinafter provided, may acquire, purchase or construct
waterworks, and thereafter operate, improve and extend such waterworks as
defined herein, and pay the cost of such purchase, construction,
improvement or extension by the issuance and sale of general obligation
bonds, revenue bonds or special assessment bonds of the district, which
revenue bonds shall be payable solely from the revenue to be derived from
the operation of the waterworks.
(Source: Laws 1961, p. 3190.)
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