(605 ILCS 5/10-305) (from Ch. 121, par. 10-305)
Sec. 10-305.
The county treasurer of each such county shall be the legal
custodian of all funds derived from the issuance of bonds provided for
under this Division of this Article and of all revenues derived from the
operation of any such bridge, and before he shall receive any such funds he
shall be required to post with the county board of such county and subject
to their approval, a separate corporate surety bond in an amount to be
determined by resolution of such county board. He shall be required to keep
proceeds of bonds issued and revenues derived from the operation of any
such bridge separate and apart from all other funds which come into his
hands as the county treasurer, and the proceeds of bonds issued and the
revenues derived from the operation of the bridge shall be by him deposited
in separate bank or savings and loan association accounts
to be designated for that purpose
by the county board of the county. No money shall be paid out of such
accounts by the county treasurer except upon an order signed by the
chairman of the county board or the chairman of the finance committee of
such county board and the county clerk. All such orders shall specify the
purpose for which the amount thereof is to be paid with sufficient
clearness to indicate the purpose for which the order is issued, and there
shall be endorsed thereon the name of the particular fund out of which it
is payable, and it shall be paid from the fund constituted for such purpose
and from no other fund.
(Source: P.A. 83-541.)
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