(620 ILCS 40/9) (from Ch. 15 1/2, par. 77)
Sec. 9.
The county board of every county, in the manner and at the
time or times provided by law, shall provide by resolution for the levy
and collection of a direct annual tax sufficient to pay the maturing
principal and interest on the bonds issued under sections 1 to 8,
inclusive, of this Act. Any tax so levied shall not exceed .05 per cent
of the value, as equalized or assessed by the Department of Revenue, of
all taxable property within the county. The
foregoing limitations upon tax rates, insofar as they are applicable to
counties of less than 500,000 population, are subject to the provisions
of the General Revenue Law of Illinois.
(Source: P.A. 81-1509.)
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