Illinois General Assembly - Illinois Compiled Statutes

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105 ILCS 5/5-24

(105 ILCS 5/5-24) (from Ch. 122, par. 5-24)

Sec. 5-24.

Sale to another school district or municipality.

Whenever a petition is presented to the school board of a school district
requesting the sale of school grounds and buildings to another school district
or other municipality, which petition is signed by 10%
of the voters of the district, the school board of the district shall adopt
a resolution for the sale of such school grounds and buildings, and fix
the price therefor, and shall thereupon order the secretary to certify
to the proper election authorities the proposition for submission to the
voters of the district in accordance
with the general election law; and if a majority of the votes cast
upon the proposition are in favor of the sale, then
the school board, trustees of schools of the township in which the school
district
is located, or other school officials having legal title shall convey by
its president and clerk or secretary, upon receipt of the purchase price,
the property so to be sold; and the purchase price thereof shall be placed
with the proper treasurer for the benefit of the school district so selling
the property. The proposition shall be substantially in the following form:

--------------------------------------------------------------
    Shall School District Number
...., of.... County, Illinois,           YES
sell to School District
Number...., (or other municipality)  -------------------------
of.... County, Illinois,
the following described property
(here describe the ground)                NO
for the sum of.... Dollars?
--------------------------------------------------------------

(Source: P.A. 88-155.)