(105 ILCS 5/34-69)
(from Ch. 122, par. 34-69)
Tax for payment of refunding bonds.
Before or at the time of issuing refunding bonds authorized by Section
34-65 the board shall provide for the collection of a direct annual tax
upon all the taxable property of the school district, sufficient to pay and
discharge the principal thereof at maturity and to pay the interest thereon
as it falls due. Upon the filing in the office of the county clerk of the
county wherein such school district is located of a duly certified copy of
any such ordinance it shall be the duty of such county clerk to extend the
tax therein provided for.
(Source: P.A. 85-1418; 86-1477.)