(105 ILCS 5/19-4) (from Ch. 122, par. 19-4)
Sec. 19-4.
Bonds issued - Boundaries changed.
Where bonds are issued by any school district under the provisions of
Section 19-2 through Section 19-6, and before any contract is let for
the construction of buildings or improvements in accordance therewith
the district boundaries are changed by the formation of a new district
including all or a part of said district, or by the annexation of a
district in its entirety to another district, then upon the adoption of
a resolution by the board of education of the new district or the
district to which the territory has been annexed, that the building or
improvements are no longer feasible, the board shall by resolution order
submitted to the electors the
proposition of authorizing the board to use the proceeds of said bonds
or the portion thereof allotted to the new district or district to which
said territory is annexed for a specific new building or improvement in
some locality of the district other than the one specified at the
previous election, or for a different improvement, or for a part of the
original improvements. In case a new district has been formed, no such
referendum shall be held unless the new district embraces
territory having
as much or more assessed valuation as the territory embraced in the
district at the first election. The board shall certify the resolution
and the proposition to the proper election authorities for submission in
accordance with the general election law.
Where bonds are issued by any school district under the provisions of
Section 19-2 through Section 19-6, and it is determined by the board
of education by resolution that it is in the interests of the school
district that part or all of the proceeds of said bonds be used for
different purposes than authorized but for purposes for which bonds may
be issued under the provisions of Section 19-2 through Section 19-6,
the board shall by resolution order submitted to the electors the proposition
of authorizing the
board to use the proceeds of said bonds or a part thereof for the
purposes set forth in said resolution and if a majority of all the votes
cast on said proposition is in favor thereof the board shall have such
authority. The board shall certify the resolution and the proposition
to the proper election authorities for submission in accordance with the
general election law.
(Source: P.A. 84-1334.)
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