(55 ILCS 5/6-9003) (from Ch. 34, par. 6-9003)
Sec. 6-9003.
Sale or exchange of bonds.
Such refunding bonds may be
exchanged par for par for principal, interest or both, described in the
authorizing resolution, or may be sold at not less than their par value,
and the proceeds of the sale shall be used only for the purpose of paying
such principal, interest or both.
(Source: P.A. 86-962.)
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(55 ILCS 5/6-9004) (from Ch. 34, par. 6-9004)
Sec. 6-9004.
Tax for principal and interest.
It
shall be the duty of the County Clerk, annually, to extend a tax
upon all of the taxable property in the county sufficient to pay maturing
principal of and interest on said refunding bonds. Said tax shall not be
subject to any statutory limitations now or hereafter enacted relative to
taxes which may be extended for county purposes.
(Source: P.A. 86-962.)
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