104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB5736

 

Introduced 4/7/2026, by Rep. Dan Ugaste

 

SYNOPSIS AS INTRODUCED:
 
10 ILCS 5/28-1  from Ch. 46, par. 28-1
55 ILCS 5/6-4008  from Ch. 34, par. 6-4008
60 ILCS 1/210-5
75 ILCS 5/5-2.5
105 ILCS 5/5-32  from Ch. 122, par. 5-32
105 ILCS 5/12-13  from Ch. 122, par. 12-13
105 ILCS 5/12-15  from Ch. 122, par. 12-15
105 ILCS 5/19-1
105 ILCS 5/19-3  from Ch. 122, par. 19-3
105 ILCS 5/19-9  from Ch. 122, par. 19-9
105 ILCS 5/20-7  from Ch. 122, par. 20-7
105 ILCS 5/32-5.6  from Ch. 122, par. 32-5.6
105 ILCS 5/34-22.1  from Ch. 122, par. 34-22.1
105 ILCS 5/34-22.2  from Ch. 122, par. 34-22.2
105 ILCS 5/34-22.3  from Ch. 122, par. 34-22.3
105 ILCS 5/34-22.4  from Ch. 122, par. 34-22.4
105 ILCS 5/34-22.5  from Ch. 122, par. 34-22.5
110 ILCS 805/3A-1  from Ch. 122, par. 103A-1

    Amends the Election Code, the Counties Code, the Township Code, the Illinois Local Library Act, the School Code, and the Public Community College Act. In provisions concerning the issuance of bonds, provides that the affected bond referenda must be held at a general election (rather than at a regularly scheduled election).


LRB104 21333 TRT 36173 b

 

 

A BILL FOR

 

HB5736LRB104 21333 TRT 36173 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Election Code is amended by changing
5Section 28-1 as follows:
 
6    (10 ILCS 5/28-1)  (from Ch. 46, par. 28-1)
7    Sec. 28-1. The initiation and submission of all public
8questions to be voted upon by the electors of the State or of
9any political subdivision or district or precinct or
10combination of precincts shall be subject to the provisions of
11this Article.
12    Questions of public policy which have any legal effect
13shall be submitted to referendum only as authorized by a
14statute which so provides or by the Constitution. Advisory
15questions of public policy shall be submitted to referendum
16pursuant to Section 28-5 or pursuant to a statute which so
17provides.
18    The method of initiating the submission of a public
19question shall be as provided by the statute authorizing such
20public question, or as provided by the Constitution.
21    All public questions shall be initiated, submitted and
22printed on the ballot in the form required by Section 16-7 of
23this Act, except as may otherwise be specified in the statute

 

 

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1authorizing a public question.
2    Whenever a statute provides for the initiation of a public
3question by a petition of electors, the provisions of such
4statute shall govern with respect to the number of signatures
5required, the qualifications of persons entitled to sign the
6petition, the contents of the petition, the officer with whom
7the petition must be filed, and the form of the question to be
8submitted. If such statute does not specify any of the
9foregoing petition requirements, the corresponding petition
10requirements of Section 28-6 shall govern such petition.
11    Irrespective of the method of initiation, not more than 3
12public questions other than (a) back door referenda, (b)
13referenda to determine whether a disconnection may take place
14where a city coterminous with a township is proposing to annex
15territory from an adjacent township, (c) referenda held under
16the provisions of the Property Tax Extension Limitation Law in
17the Property Tax Code, (d) referenda held under Section 2-3002
18of the Counties Code, or (e) referenda held under Article 22,
1923, or 29 of the Township Code may be submitted to referendum
20with respect to a political subdivision at the same election.
21    If more than 3 propositions are timely initiated or
22certified for submission at an election with respect to a
23political subdivision, the first 3 validly initiated, by the
24filing of a petition or by the adoption of a resolution or
25ordinance of a political subdivision, as the case may be,
26shall be printed on the ballot and submitted at that election.

 

 

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1However, except as expressly authorized by law not more than
2one proposition to change the form of government of a
3municipality pursuant to Article VII of the Constitution may
4be submitted at an election. If more than one such proposition
5is timely initiated or certified for submission at an election
6with respect to a municipality, the first validly initiated
7shall be the one printed on the ballot and submitted at that
8election.
9    No public question shall be submitted to the voters of a
10political subdivision at any regularly scheduled election at
11which such voters are not scheduled to cast votes for any
12candidates for nomination for, election to or retention in
13public office, except that if, in any existing or proposed
14political subdivision in which the submission of a public
15question at a regularly scheduled election is desired, the
16voters of only a portion of such existing or proposed
17political subdivision are not scheduled to cast votes for
18nomination for, election to or retention in public office at
19such election, but the voters in one or more other portions of
20such existing or proposed political subdivision are scheduled
21to cast votes for nomination for, election to or retention in
22public office at such election, the public question shall be
23voted upon by all the qualified voters of the entire existing
24or proposed political subdivision at the election.
25    Not more than 3 advisory public questions may be submitted
26to the voters of the entire state at a general election. If

 

 

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1more than 3 such advisory propositions are initiated, the
2first 3 timely and validly initiated shall be the questions
3printed on the ballot and submitted at that election; provided
4however, that a question for a proposed amendment to Article
5IV of the Constitution pursuant to Section 3, Article XIV of
6the Constitution, or for a question submitted under the
7Property Tax Cap Referendum Law, shall not be included in the
8foregoing limitation.
9    Notwithstanding any other provision of law, a community
10mental health public question may not be placed on the 2024
11primary or general election ballot or on the 2025 consolidated
12election ballots in the same township where a community mental
13health public question was approved on the 2022 general
14election ballot.
15    Notwithstanding any other provision of law, a question
16initiated by a political subdivision of government requesting
17the issuance of bonds shall be held only during a general
18election.
19(Source: P.A. 103-565, eff. 11-17-23; 103-1070, eff. 3-21-25.)
 
20    Section 10. The Counties Code is amended by changing
21Section 6-4008 as follows:
 
22    (55 ILCS 5/6-4008)  (from Ch. 34, par. 6-4008)
23    Sec. 6-4008. Petition for referendum. If a petition is
24filed with the county clerk not later than 28 days after the

 

 

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1first publication or the posting of the resolution, signed by
2not less than 5% of the number of legal voters who voted at the
3last general election in such county, requesting that the
4question of establishing an annual tax levy for the purpose of
5obtaining funds to construct, reconstruct or remodel a
6courthouse be submitted to the electors of the county, the
7county clerk shall certify the question to the proper election
8officials for submission at the next general regular scheduled
9election in accordance with the general election law.
10    The question shall be substantially in the following form:
11-
12    Shall .............. county issue bond     YES
13in the amount of $........ to construct   -------------------
14(or reconstruct or remodel a courthouse)?      NO
15-------------------------------------------------------------
16    The election shall be conducted in accordance with the
17general election law, at the nonpartisan election in 1981.
18    If a majority of the voters voting upon the aforesaid
19question vote in favor of it, the bonds may be issued by such
20county, but if a majority of the voters voting upon the
21question vote against the question the county may not issue
22bonds for the purpose of constructing, reconstructing, or
23remodeling a courthouse under the provisions of this Division.
24(Source: P.A. 86-962.)
 
25    Section 15. The Township Code is amended by changing

 

 

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1Section 210-5 as follows:
 
2    (60 ILCS 1/210-5)
3    Sec. 210-5. Application of Article; referendum.
4    (a) This Article applies only in those townships in which
5the electors of the unincorporated area of the township, at
6any regularly scheduled election held within the township, by
7majority vote, authorize the township board to exercise the
8powers conferred by this Article.
9    (b) Whenever the township board, by a resolution passed by
10a majority of its members, requests that the question whether
11it shall be allowed to exercise the powers conferred by this
12Article be submitted to the electors of the unincorporated
13area of the township, and upon the delivery of a certified copy
14of the resolution to the proper election official, the
15election official shall submit the question to the electors at
16any regular scheduled election held within the township or,
17for the issuance of bonds, at any general election held within
18the township.
19    (c) The question submitted to the electors shall be
20printed in plain, prominent type upon a ballot in the form
21required by the general election law. If a majority of the
22electors voting on the question are in favor of conferring
23powers under this Article, the proper election official shall
24certify the results of the referendum to the township clerk
25within 10 days after the election. The certificate shall

 

 

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1include (i) the date of the referendum and a summary of the
2proposition submitted, (ii) the number of electors for or
3against the proposition, and (iii) a description of the area
4of the township within which the township board may exercise
5the powers conferred by this Article.
6    (d) This Article does not apply in any township in which a
7county ordinance or resolution is in effect regulating the
8collection and disposal of refuse, garbage, and ashes.
9(Source: P.A. 82-783; 88-62.)
 
10    Section 20. The Illinois Local Library Act is amended by
11changing Section 5-2.5 as follows:
 
12    (75 ILCS 5/5-2.5)
13    Sec. 5-2.5. Bonds as indebtedness. Notwithstanding any
14provision of law to the contrary:
15    (a) Any bonds issued under Section 5-2 of this Act shall
16not be considered indebtedness under any law including, but
17not limited to, Section 8-5-1 of the Illinois Municipal Code,
18and such bonds may be issued, regardless of any limitations on
19indebtedness in law, if the conditions of subsection (b) are
20met.
21    (b) Bonds shall not be considered indebtedness and may be
22issued regardless of any limitations on indebtedness under
23subsection (a) if:
24        (1) the bond or bonds are issued after approval by

 

 

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1    voters at a general regularly scheduled election;
2        (2) the bond or bonds do not exceed a principal amount
3    of $11,000,000 in the aggregate;
4        (3) on or before the date of sale of the bond or bonds,
5    the board of trustees of the public library and the
6    corporate authorities determine, by ordinance or
7    resolution, that the library project funded by the bond or
8    bonds is needed; and
9        (4) the bond or bonds are issued prior to November 1,
10    2020.
11(Source: P.A. 99-735, eff. 8-5-16.)
 
12    Section 25. The School Code is amended by changing
13Sections 5-32, 12-13, 12-15, 19-1, 19-3, 19-9, 20-7, 32-5.6,
1434-22.1, 34-22.2, 34-22.3, 34-22.4, and 34-22.5 as follows:
 
15    (105 ILCS 5/5-32)  (from Ch. 122, par. 5-32)
16    Sec. 5-32. Failure to maintain schools - Transportation
17and tuition. If any school district other than a non-high
18school district shall for 1 year fail to maintain within the
19boundaries of the school district a recognized public school
20as required by law, such district shall become automatically
21dissolved and the property and territory of such district
22shall be disposed of in the manner provided for the disposal of
23territory and property in Section 7-11 of this Act. However, a
24school district shall not be dissolved where the State Board

 

 

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1of Education and the regional superintendent of the region in
2which a district has legally authorized the building of a
3school and legally selected a school house site and has issued
4bonds for such building shall jointly find and certify that
5such building has been authorized, site selected and bonds
6issued.
7    If a district has its territory included within a petition
8to form a community unit district under Article 11E of this
9Code, that district may not be dissolved under this Section
10until the end of the school year in which all proceedings
11relating to formation of that community unit district are
12finally concluded, whether by disallowance of the petition, by
13referendum, by a final court decision or otherwise. Until such
14proceedings are finally concluded, the regional superintendent
15having jurisdiction of the district that is not maintaining a
16recognized school shall assign the pupils of that district to
17an adjoining school district, subject to the requirement that
18the district from which the pupils are so assigned shall pay
19tuition for such pupils to the district to which the pupils are
20assigned, in accordance with Section 10-20.12a of this Act or
21in such lesser amount as may be agreed to by the 2 districts.
22    However, until July 1, 1969 or one year after the entry of
23a final decision by a court of competent jurisdiction in the
24event of litigation with respect to any of the matters set
25forth in this Section, whichever is the later, notwithstanding
26the provisions of this Section, any protectorate high school

 

 

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1district composed of contiguous and compact territory having
2not less than 2,000 inhabitants and which has an equalized
3assessed valuation of not less than $6,000,000, shall be and
4remain a protectorate high school district if a majority of
5the pupils attend a high school in a special charter district
6maintaining grades 1 through 12 and if during that period the
7voters of the district, by referendum to be ordered by the
8board, vote in favor of the proposition that such district
9maintain and operate a high school within such district, and
10also authorize the purchase of a school site, the building of a
11school building and the issuance of bonds for such purpose,
12which bonds are duly issued. The Board shall certify the
13proposition to the proper election authorities for submission,
14in accordance with the general election law.
15    The proposition to maintain and operate a high school
16within such district shall be in substantially the following
17form:
18--------------------------------------------------------
19Shall ......................
20High School District Number ......,     YES
21........... County, Illinois,
22maintain and operate a high school   ------------------------
23within that High School
24District and for the benefit            NO
25of the pupils residing therein?
26-------------------------------------------------------------

 

 

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1and is approved if a majority of the voters voting on the
2proposition is in favor thereof. The proposition of purchasing
3a school site, the building of a school building and the
4issuance of bonds for such purpose shall be submitted to the
5voters and may be voted upon at the same election that the
6proposition of maintaining and operating a high school within
7the district is submitted or at any general regularly
8scheduled election subsequent thereto as may be ordered by the
9board. Thereupon, that protectorate high school district shall
10thereafter exist as a community high school district and
11possess and enjoy all of the powers, duties and authorities of
12a community high school district under Article 12 of this Act.
13    Throughout its existence as a protectorate district and
14until the legal voters residing in the district have
15determined to maintain and operate a high school within the
16district and have been authorized to purchase a school site,
17build a school building and to issue bonds for such purpose and
18which bonds are duly issued, or until the dissolution of the
19district as required by this Section, such protectorate
20district may use its funds to pay for the tuition and
21transportation of the pupils in such district that attend a
22high school in a special charter district maintaining grades 1
23through 12. A protectorate high school district is defined to
24be a district which does not own or operate its own school
25buildings.
26(Source: P.A. 94-1019, eff. 7-10-06.)
 

 

 

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1    (105 ILCS 5/12-13)  (from Ch. 122, par. 12-13)
2    Sec. 12-13. Bond issue - Resolution - Election. If there
3has been a delay in the extension and collection of taxes
4levied by the governing body of any nonhigh school district
5caused by a reassessment of real property therein, the
6district may issue bonds for the purpose of paying unpaid
7tuition claims or other claims against it.
8    Before any nonhigh school district issues any such bonds
9the board of education shall examine and consider the claims
10proposed to be paid, and if it appears that they were
11authorized and allowed for proper nonhigh school purposes, it
12shall adopt a resolution so declaring and set forth and
13describe in detail such claims. The adoption of the resolution
14shall establish the validity thereof. The resolution shall
15also declare the intention of the nonhigh school district to
16issue bonds for the purpose of paying such claims and direct
17that notice of such intention be published at least once in a
18newspaper published and having a general circulation in the
19district, if there be one, but if there is no newspaper
20published in such district then by publishing such notice in a
21newspaper having a general circulation in the district or if
22no newspaper is published in the district in one or more
23newspapers with a general circulation in the district. The
24notice shall include a statement of (1) the specific number of
25voters required to sign a petition requesting that the

 

 

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1question of the adoption of the resolution be submitted to the
2electors of the district; (2) the time in which the petition
3must be filed; and (3) the date of the prospective referendum.
4The recording officer of the district shall provide a petition
5form to any individual requesting one. If within 30 days after
6the publication a petition is filed with the recording officer
7of the district, signed by voters of the district equal to 10%
8or more of the registered voters of the district, requesting
9that the proposition to issue the bonds be submitted to the
10voters thereof, then such district shall not be authorized to
11issue them until either the petition has been determined to be
12invalid or insufficient or the proposition has been submitted
13to and approved by a majority of the voters voting on the
14proposition at a general regular scheduled election. The board
15shall certify the proposition to the proper election
16authorities for submission in accordance with the general
17election law. If no such petition is filed, or if any and all
18petitions filed are invalid, such district may issue the
19bonds. In addition to the requirements of the general election
20law the notice of the election shall set forth the intention of
21the district to issue bonds under the provisions of this
22Section. The ballot to be used at the election shall be in
23substantially the following form:
24
OFFICIAL BALLOT
25----------------------------------------------
26    Shall the Board of Education

 

 

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1of Nonhigh School District No.                YES
2...., .... County, Illinois, be            ------------------
3authorized to issue bonds as authorized        NO
4by Sec. 12-13 of the School Code?
5-------------------------------------------------------------
6(Source: P.A. 87-767.)
 
7    (105 ILCS 5/12-15)  (from Ch. 122, par. 12-15)
8    Sec. 12-15. Bonds to pay tuition or judgments - Resolution -
9 Election. Any nonhigh school district may issue bonds for
10the purpose of paying unpaid tuition claims or judgments which
11have been obtained by any school district against the nonhigh
12school district on unpaid tuition claims, or for the purpose
13of paying other claims against the nonhigh school district.
14    Before any such district issues any such bonds the board
15of education thereof shall examine and consider the claims for
16unpaid tuition and other claims proposed to be paid including
17any judgments obtained against the district on unpaid tuition
18claims and if it appears that such claims and judgments were
19authorized and allowed for proper nonhigh school purposes, it
20shall adopt a resolution so declaring and set forth and
21describe in detail such claims and judgments and the adoption
22of the resolution shall establish the validity thereof. The
23intention of the district to issue bonds for the purpose of
24paying such claims and judgments shall be declared in the
25resolution and it shall be directed therein that notice of

 

 

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1such intention be published in accordance with the general
2election law. The proposition to issue bonds shall be
3certified to the proper election authorities for submission to
4the voters of the district at a general regular scheduled
5election, in accordance with the general election law and if
6approved by a majority of such voters voting thereon the
7district may issue the bonds. In addition to the requirements
8in the general election law notice of the election shall set
9forth the intention of the district to issue bonds under the
10provisions of this Section. The proposition shall be in
11substantially the following form:
12
OFFICIAL BALLOT
13----------------------------------------------
14    Shall the Board of Education of
15Nonhigh School District No.....,          YES
16.... County, Illinois, be authorized     --------------------
17to issue bonds as authorized by           NO
18Section 12-15 of the School Code?
19-------------------------------------------------------------
20(Source: P.A. 81-1489.)
 
21    (105 ILCS 5/19-1)
22    Sec. 19-1. Debt limitations of school districts.
23    (a) School districts shall not be subject to the
24provisions limiting their indebtedness prescribed in the Local
25Government Debt Limitation Act.

 

 

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1    No school districts maintaining grades K through 8 or 9
2through 12 shall become indebted in any manner or for any
3purpose to an amount, including existing indebtedness, in the
4aggregate exceeding 6.9% on the value of the taxable property
5therein to be ascertained by the last assessment for State and
6county taxes or, until January 1, 1983, if greater, the sum
7that is produced by multiplying the school district's 1978
8equalized assessed valuation by the debt limitation percentage
9in effect on January 1, 1979, previous to the incurring of such
10indebtedness.
11    No school districts maintaining grades K through 12 shall
12become indebted in any manner or for any purpose to an amount,
13including existing indebtedness, in the aggregate exceeding
1413.8% on the value of the taxable property therein to be
15ascertained by the last assessment for State and county taxes
16or, until January 1, 1983, if greater, the sum that is produced
17by multiplying the school district's 1978 equalized assessed
18valuation by the debt limitation percentage in effect on
19January 1, 1979, previous to the incurring of such
20indebtedness.
21    No partial elementary unit district, as defined in Article
2211E of this Code, shall become indebted in any manner or for
23any purpose in an amount, including existing indebtedness, in
24the aggregate exceeding 6.9% of the value of the taxable
25property of the entire district, to be ascertained by the last
26assessment for State and county taxes, plus an amount,

 

 

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1including existing indebtedness, in the aggregate exceeding
26.9% of the value of the taxable property of that portion of
3the district included in the elementary and high school
4classification, to be ascertained by the last assessment for
5State and county taxes. Moreover, no partial elementary unit
6district, as defined in Article 11E of this Code, shall become
7indebted on account of bonds issued by the district for high
8school purposes in the aggregate exceeding 6.9% of the value
9of the taxable property of the entire district, to be
10ascertained by the last assessment for State and county taxes,
11nor shall the district become indebted on account of bonds
12issued by the district for elementary purposes in the
13aggregate exceeding 6.9% of the value of the taxable property
14for that portion of the district included in the elementary
15and high school classification, to be ascertained by the last
16assessment for State and county taxes.
17    Notwithstanding the provisions of any other law to the
18contrary, in any case in which the voters of a school district
19have approved a proposition for the issuance of bonds of such
20school district at an election held prior to January 1, 1979,
21and all of the bonds approved at such election have not been
22issued, the debt limitation applicable to such school district
23during the calendar year 1979 shall be computed by multiplying
24the value of taxable property therein, including personal
25property, as ascertained by the last assessment for State and
26county taxes, previous to the incurring of such indebtedness,

 

 

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1by the percentage limitation applicable to such school
2district under the provisions of this subsection (a).
3    (a-5) After January 1, 2018, no school district may issue
4bonds under Sections 19-2 through 19-7 of this Code and rely on
5an exception to the debt limitations in this Section unless it
6has complied with the requirements of Section 21 of the Bond
7Issue Notification Act and the bonds have been approved by
8referendum.
9    (b) Notwithstanding the debt limitation prescribed in
10subsection (a) of this Section, additional indebtedness may be
11incurred in an amount not to exceed the estimated cost of
12acquiring or improving school sites or constructing and
13equipping additional building facilities under the following
14conditions:
15        (1) Whenever the enrollment of students for the next
16    school year is estimated by the board of education to
17    increase over the actual present enrollment by not less
18    than 35% or by not less than 200 students or the actual
19    present enrollment of students has increased over the
20    previous school year by not less than 35% or by not less
21    than 200 students and the board of education determines
22    that additional school sites or building facilities are
23    required as a result of such increase in enrollment; and
24        (2) When the Regional Superintendent of Schools having
25    jurisdiction over the school district and the State
26    Superintendent of Education concur in such enrollment

 

 

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1    projection or increase and approve the need for such
2    additional school sites or building facilities and the
3    estimated cost thereof; and
4        (3) When the voters in the school district approve a
5    proposition for the issuance of bonds for the purpose of
6    acquiring or improving such needed school sites or
7    constructing and equipping such needed additional building
8    facilities at an election called and held for that
9    purpose. Notice of such an election shall state that the
10    amount of indebtedness proposed to be incurred would
11    exceed the debt limitation otherwise applicable to the
12    school district. The ballot for such proposition shall
13    state what percentage of the equalized assessed valuation
14    will be outstanding in bonds if the proposed issuance of
15    bonds is approved by the voters; or
16        (4) Notwithstanding the provisions of paragraphs (1)
17    through (3) of this subsection (b), if the school board
18    determines that additional facilities are needed to
19    provide a quality educational program and not less than
20    2/3 of those voting in an election called by the school
21    board on the question approve the issuance of bonds for
22    the construction of such facilities, the school district
23    may issue bonds for this purpose; or
24        (5) Notwithstanding the provisions of paragraphs (1)
25    through (3) of this subsection (b), if (i) the school
26    district has previously availed itself of the provisions

 

 

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1    of paragraph (4) of this subsection (b) to enable it to
2    issue bonds, (ii) the voters of the school district have
3    not defeated a proposition for the issuance of bonds since
4    the referendum described in paragraph (4) of this
5    subsection (b) was held, (iii) the school board determines
6    that additional facilities are needed to provide a quality
7    educational program, and (iv) a majority of those voting
8    in an election called by the school board on the question
9    approve the issuance of bonds for the construction of such
10    facilities, the school district may issue bonds for this
11    purpose.
12    In no event shall the indebtedness incurred pursuant to
13this subsection (b) and the existing indebtedness of the
14school district exceed 15% of the value of the taxable
15property therein to be ascertained by the last assessment for
16State and county taxes, previous to the incurring of such
17indebtedness or, until January 1, 1983, if greater, the sum
18that is produced by multiplying the school district's 1978
19equalized assessed valuation by the debt limitation percentage
20in effect on January 1, 1979.
21    The indebtedness provided for by this subsection (b) shall
22be in addition to and in excess of any other debt limitation.
23    (c) Notwithstanding the debt limitation prescribed in
24subsection (a) of this Section, in any case in which a public
25question for the issuance of bonds of a proposed school
26district maintaining grades kindergarten through 12 received

 

 

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1at least 60% of the valid ballots cast on the question at an
2election held on or prior to November 8, 1994, and in which the
3bonds approved at such election have not been issued, the
4school district pursuant to the requirements of Section 11A-10
5(now repealed) may issue the total amount of bonds approved at
6such election for the purpose stated in the question.
7    (d) Notwithstanding the debt limitation prescribed in
8subsection (a) of this Section, a school district that meets
9all the criteria set forth in paragraphs (1) and (2) of this
10subsection (d) may incur an additional indebtedness in an
11amount not to exceed $4,500,000, even though the amount of the
12additional indebtedness authorized by this subsection (d),
13when incurred and added to the aggregate amount of
14indebtedness of the district existing immediately prior to the
15district incurring the additional indebtedness authorized by
16this subsection (d), causes the aggregate indebtedness of the
17district to exceed the debt limitation otherwise applicable to
18that district under subsection (a):
19        (1) The additional indebtedness authorized by this
20    subsection (d) is incurred by the school district through
21    the issuance of bonds under and in accordance with Section
22    17-2.11a for the purpose of replacing a school building
23    which, because of mine subsidence damage, has been closed
24    as provided in paragraph (2) of this subsection (d) or
25    through the issuance of bonds under and in accordance with
26    Section 19-3 for the purpose of increasing the size of, or

 

 

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1    providing for additional functions in, such replacement
2    school buildings, or both such purposes.
3        (2) The bonds issued by the school district as
4    provided in paragraph (1) above are issued for the
5    purposes of construction by the school district of a new
6    school building pursuant to Section 17-2.11, to replace an
7    existing school building that, because of mine subsidence
8    damage, is closed as of the end of the 1992-93 school year
9    pursuant to action of the regional superintendent of
10    schools of the educational service region in which the
11    district is located under Section 3-14.22 or are issued
12    for the purpose of increasing the size of, or providing
13    for additional functions in, the new school building being
14    constructed to replace a school building closed as the
15    result of mine subsidence damage, or both such purposes.
16    (e) (Blank).
17    (f) Notwithstanding the provisions of subsection (a) of
18this Section or of any other law, bonds in not to exceed the
19aggregate amount of $5,500,000 and issued by a school district
20meeting the following criteria shall not be considered
21indebtedness for purposes of any statutory limitation and may
22be issued in an amount or amounts, including existing
23indebtedness, in excess of any heretofore or hereafter imposed
24statutory limitation as to indebtedness:
25        (1) At the time of the sale of such bonds, the board of
26    education of the district shall have determined by

 

 

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1    resolution that the enrollment of students in the district
2    is projected to increase by not less than 7% during each of
3    the next succeeding 2 school years.
4        (2) The board of education shall also determine by
5    resolution that the improvements to be financed with the
6    proceeds of the bonds are needed because of the projected
7    enrollment increases.
8        (3) The board of education shall also determine by
9    resolution that the projected increases in enrollment are
10    the result of improvements made or expected to be made to
11    passenger rail facilities located in the school district.
12    Notwithstanding the provisions of subsection (a) of this
13Section or of any other law, a school district that has availed
14itself of the provisions of this subsection (f) prior to July
1522, 2004 (the effective date of Public Act 93-799) may also
16issue bonds approved by referendum up to an amount, including
17existing indebtedness, not exceeding 25% of the equalized
18assessed value of the taxable property in the district if all
19of the conditions set forth in items (1), (2), and (3) of this
20subsection (f) are met.
21    (g) Notwithstanding the provisions of subsection (a) of
22this Section or any other law, bonds in not to exceed an
23aggregate amount of 25% of the equalized assessed value of the
24taxable property of a school district and issued by a school
25district meeting the criteria in paragraphs (i) through (iv)
26of this subsection shall not be considered indebtedness for

 

 

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1purposes of any statutory limitation and may be issued
2pursuant to resolution of the school board in an amount or
3amounts, including existing indebtedness, in excess of any
4statutory limitation of indebtedness heretofore or hereafter
5imposed:
6        (i) The bonds are issued for the purpose of
7    constructing a new high school building to replace two
8    adjacent existing buildings which together house a single
9    high school, each of which is more than 65 years old, and
10    which together are located on more than 10 acres and less
11    than 11 acres of property.
12        (ii) At the time the resolution authorizing the
13    issuance of the bonds is adopted, the cost of constructing
14    a new school building to replace the existing school
15    building is less than 60% of the cost of repairing the
16    existing school building.
17        (iii) The sale of the bonds occurs before July 1,
18    1997.
19        (iv) The school district issuing the bonds is a unit
20    school district located in a county of less than 70,000
21    and more than 50,000 inhabitants, which has an average
22    daily attendance of less than 1,500 and an equalized
23    assessed valuation of less than $29,000,000.
24    (h) Notwithstanding any other provisions of this Section
25or the provisions of any other law, until January 1, 1998, a
26community unit school district maintaining grades K through 12

 

 

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1may issue bonds up to an amount, including existing
2indebtedness, not exceeding 27.6% of the equalized assessed
3value of the taxable property in the district, if all of the
4following conditions are met:
5        (i) The school district has an equalized assessed
6    valuation for calendar year 1995 of less than $24,000,000;
7        (ii) The bonds are issued for the capital improvement,
8    renovation, rehabilitation, or replacement of existing
9    school buildings of the district, all of which buildings
10    were originally constructed not less than 40 years ago;
11        (iii) The voters of the district approve a proposition
12    for the issuance of the bonds at a referendum held after
13    March 19, 1996; and
14        (iv) The bonds are issued pursuant to Sections 19-2
15    through 19-7 of this Code.
16    (i) Notwithstanding any other provisions of this Section
17or the provisions of any other law, until January 1, 1998, a
18community unit school district maintaining grades K through 12
19may issue bonds up to an amount, including existing
20indebtedness, not exceeding 27% of the equalized assessed
21value of the taxable property in the district, if all of the
22following conditions are met:
23        (i) The school district has an equalized assessed
24    valuation for calendar year 1995 of less than $44,600,000;
25        (ii) The bonds are issued for the capital improvement,
26    renovation, rehabilitation, or replacement of existing

 

 

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1    school buildings of the district, all of which existing
2    buildings were originally constructed not less than 80
3    years ago;
4        (iii) The voters of the district approve a proposition
5    for the issuance of the bonds at a referendum held after
6    December 31, 1996; and
7        (iv) The bonds are issued pursuant to Sections 19-2
8    through 19-7 of this Code.
9    (j) Notwithstanding any other provisions of this Section
10or the provisions of any other law, until January 1, 1999, a
11community unit school district maintaining grades K through 12
12may issue bonds up to an amount, including existing
13indebtedness, not exceeding 27% of the equalized assessed
14value of the taxable property in the district if all of the
15following conditions are met:
16        (i) The school district has an equalized assessed
17    valuation for calendar year 1995 of less than $140,000,000
18    and a best 3 months average daily attendance for the
19    1995-96 school year of at least 2,800;
20        (ii) The bonds are issued to purchase a site and build
21    and equip a new high school, and the school district's
22    existing high school was originally constructed not less
23    than 35 years prior to the sale of the bonds;
24        (iii) At the time of the sale of the bonds, the board
25    of education determines by resolution that a new high
26    school is needed because of projected enrollment

 

 

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1    increases;
2        (iv) At least 60% of those voting in an election held
3    after December 31, 1996 approve a proposition for the
4    issuance of the bonds; and
5        (v) The bonds are issued pursuant to Sections 19-2
6    through 19-7 of this Code.
7    (k) Notwithstanding the debt limitation prescribed in
8subsection (a) of this Section, a school district that meets
9all the criteria set forth in paragraphs (1) through (4) of
10this subsection (k) may issue bonds to incur an additional
11indebtedness in an amount not to exceed $4,000,000 even though
12the amount of the additional indebtedness authorized by this
13subsection (k), when incurred and added to the aggregate
14amount of indebtedness of the school district existing
15immediately prior to the school district incurring such
16additional indebtedness, causes the aggregate indebtedness of
17the school district to exceed or increases the amount by which
18the aggregate indebtedness of the district already exceeds the
19debt limitation otherwise applicable to that school district
20under subsection (a):
21        (1) the school district is located in 2 counties, and
22    a referendum to authorize the additional indebtedness was
23    approved by a majority of the voters of the school
24    district voting on the proposition to authorize that
25    indebtedness;
26        (2) the additional indebtedness is for the purpose of

 

 

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1    financing a multi-purpose room addition to the existing
2    high school;
3        (3) the additional indebtedness, together with the
4    existing indebtedness of the school district, shall not
5    exceed 17.4% of the value of the taxable property in the
6    school district, to be ascertained by the last assessment
7    for State and county taxes; and
8        (4) the bonds evidencing the additional indebtedness
9    are issued, if at all, within 120 days of August 14, 1998
10    (the effective date of Public Act 90-757).
11    (l) Notwithstanding any other provisions of this Section
12or the provisions of any other law, until January 1, 2000, a
13school district maintaining grades kindergarten through 8 may
14issue bonds up to an amount, including existing indebtedness,
15not exceeding 15% of the equalized assessed value of the
16taxable property in the district if all of the following
17conditions are met:
18        (i) the district has an equalized assessed valuation
19    for calendar year 1996 of less than $10,000,000;
20        (ii) the bonds are issued for capital improvement,
21    renovation, rehabilitation, or replacement of one or more
22    school buildings of the district, which buildings were
23    originally constructed not less than 70 years ago;
24        (iii) the voters of the district approve a proposition
25    for the issuance of the bonds at a referendum held on or
26    after March 17, 1998; and

 

 

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1        (iv) the bonds are issued pursuant to Sections 19-2
2    through 19-7 of this Code.
3    (m) Notwithstanding any other provisions of this Section
4or the provisions of any other law, until January 1, 1999, an
5elementary school district maintaining grades K through 8 may
6issue bonds up to an amount, excluding existing indebtedness,
7not exceeding 18% of the equalized assessed value of the
8taxable property in the district, if all of the following
9conditions are met:
10        (i) The school district has an equalized assessed
11    valuation for calendar year 1995 or less than $7,700,000;
12        (ii) The school district operates 2 elementary
13    attendance centers that until 1976 were operated as the
14    attendance centers of 2 separate and distinct school
15    districts;
16        (iii) The bonds are issued for the construction of a
17    new elementary school building to replace an existing
18    multi-level elementary school building of the school
19    district that is not accessible at all levels and parts of
20    which were constructed more than 75 years ago;
21        (iv) The voters of the school district approve a
22    proposition for the issuance of the bonds at a referendum
23    held after July 1, 1998; and
24        (v) The bonds are issued pursuant to Sections 19-2
25    through 19-7 of this Code.
26    (n) Notwithstanding the debt limitation prescribed in

 

 

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1subsection (a) of this Section or any other provisions of this
2Section or of any other law, a school district that meets all
3of the criteria set forth in paragraphs (i) through (vi) of
4this subsection (n) may incur additional indebtedness by the
5issuance of bonds in an amount not exceeding the amount
6certified by the Capital Development Board to the school
7district as provided in paragraph (iii) of this subsection
8(n), even though the amount of the additional indebtedness so
9authorized, when incurred and added to the aggregate amount of
10indebtedness of the district existing immediately prior to the
11district incurring the additional indebtedness authorized by
12this subsection (n), causes the aggregate indebtedness of the
13district to exceed the debt limitation otherwise applicable by
14law to that district:
15        (i) The school district applies to the State Board of
16    Education for a school construction project grant and
17    submits a district facilities plan in support of its
18    application pursuant to Section 5-20 of the School
19    Construction Law.
20        (ii) The school district's application and facilities
21    plan are approved by, and the district receives a grant
22    entitlement for a school construction project issued by,
23    the State Board of Education under the School Construction
24    Law.
25        (iii) The school district has exhausted its bonding
26    capacity or the unused bonding capacity of the district is

 

 

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1    less than the amount certified by the Capital Development
2    Board to the district under Section 5-15 of the School
3    Construction Law as the dollar amount of the school
4    construction project's cost that the district will be
5    required to finance with non-grant funds in order to
6    receive a school construction project grant under the
7    School Construction Law.
8        (iv) The bonds are issued for a "school construction
9    project", as that term is defined in Section 5-5 of the
10    School Construction Law, in an amount that does not exceed
11    the dollar amount certified, as provided in paragraph
12    (iii) of this subsection (n), by the Capital Development
13    Board to the school district under Section 5-15 of the
14    School Construction Law.
15        (v) The voters of the district approve a proposition
16    for the issuance of the bonds at a referendum held after
17    the criteria specified in paragraphs (i) and (iii) of this
18    subsection (n) are met.
19        (vi) The bonds are issued pursuant to Sections 19-2
20    through 19-7 of the School Code.
21    (o) Notwithstanding any other provisions of this Section
22or the provisions of any other law, until November 1, 2007, a
23community unit school district maintaining grades K through 12
24may issue bonds up to an amount, including existing
25indebtedness, not exceeding 20% of the equalized assessed
26value of the taxable property in the district if all of the

 

 

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1following conditions are met:
2        (i) the school district has an equalized assessed
3    valuation for calendar year 2001 of at least $737,000,000
4    and an enrollment for the 2002-2003 school year of at
5    least 8,500;
6        (ii) the bonds are issued to purchase school sites,
7    build and equip a new high school, build and equip a new
8    junior high school, build and equip 5 new elementary
9    schools, and make technology and other improvements and
10    additions to existing schools;
11        (iii) at the time of the sale of the bonds, the board
12    of education determines by resolution that the sites and
13    new or improved facilities are needed because of projected
14    enrollment increases;
15        (iv) at least 57% of those voting in a general
16    election held prior to January 1, 2003 approved a
17    proposition for the issuance of the bonds; and
18        (v) the bonds are issued pursuant to Sections 19-2
19    through 19-7 of this Code.
20    (p) Notwithstanding any other provisions of this Section
21or the provisions of any other law, a community unit school
22district maintaining grades K through 12 may issue bonds up to
23an amount, including indebtedness, not exceeding 27% of the
24equalized assessed value of the taxable property in the
25district if all of the following conditions are met:
26        (i) The school district has an equalized assessed

 

 

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1    valuation for calendar year 2001 of at least $295,741,187
2    and a best 3 months' average daily attendance for the
3    2002-2003 school year of at least 2,394.
4        (ii) The bonds are issued to build and equip 3
5    elementary school buildings; build and equip one middle
6    school building; and alter, repair, improve, and equip all
7    existing school buildings in the district.
8        (iii) At the time of the sale of the bonds, the board
9    of education determines by resolution that the project is
10    needed because of expanding growth in the school district
11    and a projected enrollment increase.
12        (iv) The bonds are issued pursuant to Sections 19-2
13    through 19-7 of this Code.
14    (p-5) Notwithstanding any other provisions of this Section
15or the provisions of any other law, bonds issued by a community
16unit school district maintaining grades K through 12 shall not
17be considered indebtedness for purposes of any statutory
18limitation and may be issued in an amount or amounts,
19including existing indebtedness, in excess of any heretofore
20or hereafter imposed statutory limitation as to indebtedness,
21if all of the following conditions are met:
22        (i) For each of the 4 most recent years, residential
23    property comprises more than 80% of the equalized assessed
24    valuation of the district.
25        (ii) At least 2 school buildings that were constructed
26    40 or more years prior to the issuance of the bonds will be

 

 

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1    demolished and will be replaced by new buildings or
2    additions to one or more existing buildings.
3        (iii) Voters of the district approve a proposition for
4    the issuance of the bonds at a general regularly scheduled
5    election.
6        (iv) At the time of the sale of the bonds, the school
7    board determines by resolution that the new buildings or
8    building additions are needed because of an increase in
9    enrollment projected by the school board.
10        (v) The principal amount of the bonds, including
11    existing indebtedness, does not exceed 25% of the
12    equalized assessed value of the taxable property in the
13    district.
14        (vi) The bonds are issued prior to January 1, 2007,
15    pursuant to Sections 19-2 through 19-7 of this Code.
16    (p-10) Notwithstanding any other provisions of this
17Section or the provisions of any other law, bonds issued by a
18community consolidated school district maintaining grades K
19through 8 shall not be considered indebtedness for purposes of
20any statutory limitation and may be issued in an amount or
21amounts, including existing indebtedness, in excess of any
22heretofore or hereafter imposed statutory limitation as to
23indebtedness, if all of the following conditions are met:
24        (i) For each of the 4 most recent years, residential
25    and farm property comprises more than 80% of the equalized
26    assessed valuation of the district.

 

 

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1        (ii) The bond proceeds are to be used to acquire and
2    improve school sites and build and equip a school
3    building.
4        (iii) Voters of the district approve a proposition for
5    the issuance of the bonds at a general regularly scheduled
6    election.
7        (iv) At the time of the sale of the bonds, the school
8    board determines by resolution that the school sites and
9    building additions are needed because of an increase in
10    enrollment projected by the school board.
11        (v) The principal amount of the bonds, including
12    existing indebtedness, does not exceed 20% of the
13    equalized assessed value of the taxable property in the
14    district.
15        (vi) The bonds are issued prior to January 1, 2007,
16    pursuant to Sections 19-2 through 19-7 of this Code.
17    (p-15) In addition to all other authority to issue bonds,
18the Oswego Community Unit School District Number 308 may issue
19bonds with an aggregate principal amount not to exceed
20$450,000,000, but only if all of the following conditions are
21met:
22        (i) The voters of the district have approved a
23    proposition for the bond issue at the general election
24    held on November 7, 2006.
25        (ii) At the time of the sale of the bonds, the school
26    board determines, by resolution, that: (A) the building

 

 

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1    and equipping of the new high school building, new junior
2    high school buildings, new elementary school buildings,
3    early childhood building, maintenance building,
4    transportation facility, and additions to existing school
5    buildings, the altering, repairing, equipping, and
6    provision of technology improvements to existing school
7    buildings, and the acquisition and improvement of school
8    sites, as the case may be, are required as a result of a
9    projected increase in the enrollment of students in the
10    district; and (B) the sale of bonds for these purposes is
11    authorized by legislation that exempts the debt incurred
12    on the bonds from the district's statutory debt
13    limitation.
14        (iii) The bonds are issued, in one or more bond
15    issues, on or before November 7, 2011, but the aggregate
16    principal amount issued in all such bond issues combined
17    must not exceed $450,000,000.
18        (iv) The bonds are issued in accordance with this
19    Article 19.
20        (v) The proceeds of the bonds are used only to
21    accomplish those projects approved by the voters at the
22    general election held on November 7, 2006.
23The debt incurred on any bonds issued under this subsection
24(p-15) shall not be considered indebtedness for purposes of
25any statutory debt limitation.
26    (p-20) In addition to all other authority to issue bonds,

 

 

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1the Lincoln-Way Community High School District Number 210 may
2issue bonds with an aggregate principal amount not to exceed
3$225,000,000, but only if all of the following conditions are
4met:
5        (i) The voters of the district have approved a
6    proposition for the bond issue at the general primary
7    election held on March 21, 2006.
8        (ii) At the time of the sale of the bonds, the school
9    board determines, by resolution, that: (A) the building
10    and equipping of the new high school buildings, the
11    altering, repairing, and equipping of existing school
12    buildings, and the improvement of school sites, as the
13    case may be, are required as a result of a projected
14    increase in the enrollment of students in the district;
15    and (B) the sale of bonds for these purposes is authorized
16    by legislation that exempts the debt incurred on the bonds
17    from the district's statutory debt limitation.
18        (iii) The bonds are issued, in one or more bond
19    issues, on or before March 21, 2011, but the aggregate
20    principal amount issued in all such bond issues combined
21    must not exceed $225,000,000.
22        (iv) The bonds are issued in accordance with this
23    Article 19.
24        (v) The proceeds of the bonds are used only to
25    accomplish those projects approved by the voters at the
26    primary election held on March 21, 2006.

 

 

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1The debt incurred on any bonds issued under this subsection
2(p-20) shall not be considered indebtedness for purposes of
3any statutory debt limitation.
4    (p-25) In addition to all other authority to issue bonds,
5Rochester Community Unit School District 3A may issue bonds
6with an aggregate principal amount not to exceed $18,500,000,
7but only if all of the following conditions are met:
8        (i) The voters of the district approve a proposition
9    for the bond issuance at the general primary election held
10    in 2008.
11        (ii) At the time of the sale of the bonds, the school
12    board determines, by resolution, that: (A) the building
13    and equipping of a new high school building; the addition
14    of classrooms and support facilities at the high school,
15    middle school, and elementary school; the altering,
16    repairing, and equipping of existing school buildings; and
17    the improvement of school sites, as the case may be, are
18    required as a result of a projected increase in the
19    enrollment of students in the district; and (B) the sale
20    of bonds for these purposes is authorized by a law that
21    exempts the debt incurred on the bonds from the district's
22    statutory debt limitation.
23        (iii) The bonds are issued, in one or more bond
24    issues, on or before December 31, 2012, but the aggregate
25    principal amount issued in all such bond issues combined
26    must not exceed $18,500,000.

 

 

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1        (iv) The bonds are issued in accordance with this
2    Article 19.
3        (v) The proceeds of the bonds are used to accomplish
4    only those projects approved by the voters at the primary
5    election held in 2008.
6The debt incurred on any bonds issued under this subsection
7(p-25) shall not be considered indebtedness for purposes of
8any statutory debt limitation.
9    (p-30) In addition to all other authority to issue bonds,
10Prairie Grove Consolidated School District 46 may issue bonds
11with an aggregate principal amount not to exceed $30,000,000,
12but only if all of the following conditions are met:
13        (i) The voters of the district approve a proposition
14    for the bond issuance at an election held in 2008.
15        (ii) At the time of the sale of the bonds, the school
16    board determines, by resolution, that (A) the building and
17    equipping of a new school building and additions to
18    existing school buildings are required as a result of a
19    projected increase in the enrollment of students in the
20    district and (B) the altering, repairing, and equipping of
21    existing school buildings are required because of the age
22    of the existing school buildings.
23        (iii) The bonds are issued, in one or more bond
24    issuances, on or before December 31, 2012; however, the
25    aggregate principal amount issued in all such bond
26    issuances combined must not exceed $30,000,000.

 

 

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1        (iv) The bonds are issued in accordance with this
2    Article.
3        (v) The proceeds of the bonds are used to accomplish
4    only those projects approved by the voters at an election
5    held in 2008.
6The debt incurred on any bonds issued under this subsection
7(p-30) shall not be considered indebtedness for purposes of
8any statutory debt limitation.
9    (p-35) In addition to all other authority to issue bonds,
10Prairie Hill Community Consolidated School District 133 may
11issue bonds with an aggregate principal amount not to exceed
12$13,900,000, but only if all of the following conditions are
13met:
14        (i) The voters of the district approved a proposition
15    for the bond issuance at an election held on April 17,
16    2007.
17        (ii) At the time of the sale of the bonds, the school
18    board determines, by resolution, that (A) the improvement
19    of the site of and the building and equipping of a school
20    building are required as a result of a projected increase
21    in the enrollment of students in the district and (B) the
22    repairing and equipping of the Prairie Hill Elementary
23    School building is required because of the age of that
24    school building.
25        (iii) The bonds are issued, in one or more bond
26    issuances, on or before December 31, 2011, but the

 

 

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1    aggregate principal amount issued in all such bond
2    issuances combined must not exceed $13,900,000.
3        (iv) The bonds are issued in accordance with this
4    Article.
5        (v) The proceeds of the bonds are used to accomplish
6    only those projects approved by the voters at an election
7    held on April 17, 2007.
8The debt incurred on any bonds issued under this subsection
9(p-35) shall not be considered indebtedness for purposes of
10any statutory debt limitation.
11    (p-40) In addition to all other authority to issue bonds,
12Mascoutah Community Unit District 19 may issue bonds with an
13aggregate principal amount not to exceed $55,000,000, but only
14if all of the following conditions are met:
15        (1) The voters of the district approve a proposition
16    for the bond issuance at a regular election held on or
17    after November 4, 2008.
18        (2) At the time of the sale of the bonds, the school
19    board determines, by resolution, that (i) the building and
20    equipping of a new high school building is required as a
21    result of a projected increase in the enrollment of
22    students in the district and the age and condition of the
23    existing high school building, (ii) the existing high
24    school building will be demolished, and (iii) the sale of
25    bonds is authorized by statute that exempts the debt
26    incurred on the bonds from the district's statutory debt

 

 

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1    limitation.
2        (3) The bonds are issued, in one or more bond
3    issuances, on or before December 31, 2011, but the
4    aggregate principal amount issued in all such bond
5    issuances combined must not exceed $55,000,000.
6        (4) The bonds are issued in accordance with this
7    Article.
8        (5) The proceeds of the bonds are used to accomplish
9    only those projects approved by the voters at a regular
10    election held on or after November 4, 2008.
11    The debt incurred on any bonds issued under this
12subsection (p-40) shall not be considered indebtedness for
13purposes of any statutory debt limitation.
14    (p-45) Notwithstanding the provisions of subsection (a) of
15this Section or of any other law, bonds issued pursuant to
16Section 19-3.5 of this Code shall not be considered
17indebtedness for purposes of any statutory limitation if the
18bonds are issued in an amount or amounts, including existing
19indebtedness of the school district, not in excess of 18.5% of
20the value of the taxable property in the district to be
21ascertained by the last assessment for State and county taxes.
22    (p-50) Notwithstanding the provisions of subsection (a) of
23this Section or of any other law, bonds issued pursuant to
24Section 19-3.10 of this Code shall not be considered
25indebtedness for purposes of any statutory limitation if the
26bonds are issued in an amount or amounts, including existing

 

 

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1indebtedness of the school district, not in excess of 43% of
2the value of the taxable property in the district to be
3ascertained by the last assessment for State and county taxes.
4    (p-55) In addition to all other authority to issue bonds,
5Belle Valley School District 119 may issue bonds with an
6aggregate principal amount not to exceed $47,500,000, but only
7if all of the following conditions are met:
8        (1) The voters of the district approve a proposition
9    for the bond issuance at an election held on or after April
10    7, 2009.
11        (2) Prior to the issuance of the bonds, the school
12    board determines, by resolution, that (i) the building and
13    equipping of a new school building is required as a result
14    of mine subsidence in an existing school building and
15    because of the age and condition of another existing
16    school building and (ii) the issuance of bonds is
17    authorized by statute that exempts the debt incurred on
18    the bonds from the district's statutory debt limitation.
19        (3) The bonds are issued, in one or more bond
20    issuances, on or before March 31, 2014, but the aggregate
21    principal amount issued in all such bond issuances
22    combined must not exceed $47,500,000.
23        (4) The bonds are issued in accordance with this
24    Article.
25        (5) The proceeds of the bonds are used to accomplish
26    only those projects approved by the voters at an election

 

 

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1    held on or after April 7, 2009.
2    The debt incurred on any bonds issued under this
3subsection (p-55) shall not be considered indebtedness for
4purposes of any statutory debt limitation. Bonds issued under
5this subsection (p-55) must mature within not to exceed 30
6years from their date, notwithstanding any other law to the
7contrary.
8    (p-60) In addition to all other authority to issue bonds,
9Wilmington Community Unit School District Number 209-U may
10issue bonds with an aggregate principal amount not to exceed
11$2,285,000, but only if all of the following conditions are
12met:
13        (1) The proceeds of the bonds are used to accomplish
14    only those projects approved by the voters at the general
15    primary election held on March 21, 2006.
16        (2) Prior to the issuance of the bonds, the school
17    board determines, by resolution, that (i) the projects
18    approved by the voters were and are required because of
19    the age and condition of the school district's prior and
20    existing school buildings and (ii) the issuance of the
21    bonds is authorized by legislation that exempts the debt
22    incurred on the bonds from the district's statutory debt
23    limitation.
24        (3) The bonds are issued in one or more bond issuances
25    on or before March 1, 2011, but the aggregate principal
26    amount issued in all those bond issuances combined must

 

 

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1    not exceed $2,285,000.
2        (4) The bonds are issued in accordance with this
3    Article.
4    The debt incurred on any bonds issued under this
5subsection (p-60) shall not be considered indebtedness for
6purposes of any statutory debt limitation.
7    (p-65) In addition to all other authority to issue bonds,
8West Washington County Community Unit School District 10 may
9issue bonds with an aggregate principal amount not to exceed
10$32,200,000 and maturing over a period not exceeding 25 years,
11but only if all of the following conditions are met:
12        (1) The voters of the district approve a proposition
13    for the bond issuance at an election held on or after
14    February 2, 2010.
15        (2) Prior to the issuance of the bonds, the school
16    board determines, by resolution, that (A) all or a portion
17    of the existing Okawville Junior/Senior High School
18    Building will be demolished; (B) the building and
19    equipping of a new school building to be attached to and
20    the alteration, repair, and equipping of the remaining
21    portion of the Okawville Junior/Senior High School
22    Building is required because of the age and current
23    condition of that school building; and (C) the issuance of
24    bonds is authorized by a statute that exempts the debt
25    incurred on the bonds from the district's statutory debt
26    limitation.

 

 

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1        (3) The bonds are issued, in one or more bond
2    issuances, on or before March 31, 2014, but the aggregate
3    principal amount issued in all such bond issuances
4    combined must not exceed $32,200,000.
5        (4) The bonds are issued in accordance with this
6    Article.
7        (5) The proceeds of the bonds are used to accomplish
8    only those projects approved by the voters at an election
9    held on or after February 2, 2010.
10    The debt incurred on any bonds issued under this
11subsection (p-65) shall not be considered indebtedness for
12purposes of any statutory debt limitation.
13    (p-70) In addition to all other authority to issue bonds,
14Cahokia Community Unit School District 187 may issue bonds
15with an aggregate principal amount not to exceed $50,000,000,
16but only if all the following conditions are met:
17        (1) The voters of the district approve a proposition
18    for the bond issuance at an election held on or after
19    November 2, 2010.
20        (2) Prior to the issuance of the bonds, the school
21    board determines, by resolution, that (i) the building and
22    equipping of a new school building is required as a result
23    of the age and condition of an existing school building
24    and (ii) the issuance of bonds is authorized by a statute
25    that exempts the debt incurred on the bonds from the
26    district's statutory debt limitation.

 

 

HB5736- 47 -LRB104 21333 TRT 36173 b

1        (3) The bonds are issued, in one or more issuances, on
2    or before July 1, 2016, but the aggregate principal amount
3    issued in all such bond issuances combined must not exceed
4    $50,000,000.
5        (4) The bonds are issued in accordance with this
6    Article.
7        (5) The proceeds of the bonds are used to accomplish
8    only those projects approved by the voters at an election
9    held on or after November 2, 2010.
10    The debt incurred on any bonds issued under this
11subsection (p-70) shall not be considered indebtedness for
12purposes of any statutory debt limitation. Bonds issued under
13this subsection (p-70) must mature within not to exceed 25
14years from their date, notwithstanding any other law,
15including Section 19-3 of this Code, to the contrary.
16    (p-75) Notwithstanding the debt limitation prescribed in
17subsection (a) of this Section or any other provisions of this
18Section or of any other law, the execution of leases on or
19after January 1, 2007 and before July 1, 2011 by the Board of
20Education of Peoria School District 150 with a public building
21commission for leases entered into pursuant to the Public
22Building Commission Act shall not be considered indebtedness
23for purposes of any statutory debt limitation.
24    This subsection (p-75) applies only if the State Board of
25Education or the Capital Development Board makes one or more
26grants to Peoria School District 150 pursuant to the School

 

 

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1Construction Law. The amount exempted from the debt limitation
2as prescribed in this subsection (p-75) shall be no greater
3than the amount of one or more grants awarded to Peoria School
4District 150 by the State Board of Education or the Capital
5Development Board.
6    (p-80) In addition to all other authority to issue bonds,
7Ridgeland School District 122 may issue bonds with an
8aggregate principal amount not to exceed $50,000,000 for the
9purpose of refunding or continuing to refund bonds originally
10issued pursuant to voter approval at the general election held
11on November 7, 2000, and the debt incurred on any bonds issued
12under this subsection (p-80) shall not be considered
13indebtedness for purposes of any statutory debt limitation.
14Bonds issued under this subsection (p-80) may be issued in one
15or more issuances and must mature within not to exceed 25 years
16from their date, notwithstanding any other law, including
17Section 19-3 of this Code, to the contrary.
18    (p-85) In addition to all other authority to issue bonds,
19Hall High School District 502 may issue bonds with an
20aggregate principal amount not to exceed $32,000,000, but only
21if all the following conditions are met:
22        (1) The voters of the district approve a proposition
23    for the bond issuance at an election held on or after April
24    9, 2013.
25        (2) Prior to the issuance of the bonds, the school
26    board determines, by resolution, that (i) the building and

 

 

HB5736- 49 -LRB104 21333 TRT 36173 b

1    equipping of a new school building is required as a result
2    of the age and condition of an existing school building,
3    (ii) the existing school building should be demolished in
4    its entirety or the existing school building should be
5    demolished except for the 1914 west wing of the building,
6    and (iii) the issuance of bonds is authorized by a statute
7    that exempts the debt incurred on the bonds from the
8    district's statutory debt limitation.
9        (3) The bonds are issued, in one or more issuances,
10    not later than 5 years after the date of the referendum
11    approving the issuance of the bonds, but the aggregate
12    principal amount issued in all such bond issuances
13    combined must not exceed $32,000,000.
14        (4) The bonds are issued in accordance with this
15    Article.
16        (5) The proceeds of the bonds are used to accomplish
17    only those projects approved by the voters at an election
18    held on or after April 9, 2013.
19    The debt incurred on any bonds issued under this
20subsection (p-85) shall not be considered indebtedness for
21purposes of any statutory debt limitation. Bonds issued under
22this subsection (p-85) must mature within not to exceed 30
23years from their date, notwithstanding any other law,
24including Section 19-3 of this Code, to the contrary.
25    (p-90) In addition to all other authority to issue bonds,
26Lebanon Community Unit School District 9 may issue bonds with

 

 

HB5736- 50 -LRB104 21333 TRT 36173 b

1an aggregate principal amount not to exceed $7,500,000, but
2only if all of the following conditions are met:
3        (1) The voters of the district approved a proposition
4    for the bond issuance at the general primary election on
5    February 2, 2010.
6        (2) At or prior to the time of the sale of the bonds,
7    the school board determines, by resolution, that (i) the
8    building and equipping of a new elementary school building
9    is required as a result of a projected increase in the
10    enrollment of students in the district and the age and
11    condition of the existing Lebanon Elementary School
12    building, (ii) a portion of the existing Lebanon
13    Elementary School building will be demolished and the
14    remaining portion will be altered, repaired, and equipped,
15    and (iii) the sale of bonds is authorized by a statute that
16    exempts the debt incurred on the bonds from the district's
17    statutory debt limitation.
18        (3) The bonds are issued, in one or more bond
19    issuances, on or before April 1, 2014, but the aggregate
20    principal amount issued in all such bond issuances
21    combined must not exceed $7,500,000.
22        (4) The bonds are issued in accordance with this
23    Article.
24        (5) The proceeds of the bonds are used to accomplish
25    only those projects approved by the voters at the general
26    primary election held on February 2, 2010.

 

 

HB5736- 51 -LRB104 21333 TRT 36173 b

1    The debt incurred on any bonds issued under this
2subsection (p-90) shall not be considered indebtedness for
3purposes of any statutory debt limitation.
4    (p-95) In addition to all other authority to issue bonds,
5Monticello Community Unit School District 25 may issue bonds
6with an aggregate principal amount not to exceed $35,000,000,
7but only if all of the following conditions are met:
8        (1) The voters of the district approve a proposition
9    for the bond issuance at an election held on or after
10    November 4, 2014.
11        (2) Prior to the issuance of the bonds, the school
12    board determines, by resolution, that (i) the building and
13    equipping of a new school building is required as a result
14    of the age and condition of an existing school building
15    and (ii) the issuance of bonds is authorized by a statute
16    that exempts the debt incurred on the bonds from the
17    district's statutory debt limitation.
18        (3) The bonds are issued, in one or more issuances, on
19    or before July 1, 2020, but the aggregate principal amount
20    issued in all such bond issuances combined must not exceed
21    $35,000,000.
22        (4) The bonds are issued in accordance with this
23    Article.
24        (5) The proceeds of the bonds are used to accomplish
25    only those projects approved by the voters at an election
26    held on or after November 4, 2014.

 

 

HB5736- 52 -LRB104 21333 TRT 36173 b

1    The debt incurred on any bonds issued under this
2subsection (p-95) shall not be considered indebtedness for
3purposes of any statutory debt limitation. Bonds issued under
4this subsection (p-95) must mature within not to exceed 25
5years from their date, notwithstanding any other law,
6including Section 19-3 of this Code, to the contrary.
7    (p-100) In addition to all other authority to issue bonds,
8the community unit school district created in the territory
9comprising Milford Community Consolidated School District 280
10and Milford Township High School District 233, as approved at
11the general primary election held on March 18, 2014, may issue
12bonds with an aggregate principal amount not to exceed
13$17,500,000, but only if all the following conditions are met:
14        (1) The voters of the district approve a proposition
15    for the bond issuance at an election held on or after
16    November 4, 2014.
17        (2) Prior to the issuance of the bonds, the school
18    board determines, by resolution, that (i) the building and
19    equipping of a new school building is required as a result
20    of the age and condition of an existing school building
21    and (ii) the issuance of bonds is authorized by a statute
22    that exempts the debt incurred on the bonds from the
23    district's statutory debt limitation.
24        (3) The bonds are issued, in one or more issuances, on
25    or before July 1, 2020, but the aggregate principal amount
26    issued in all such bond issuances combined must not exceed

 

 

HB5736- 53 -LRB104 21333 TRT 36173 b

1    $17,500,000.
2        (4) The bonds are issued in accordance with this
3    Article.
4        (5) The proceeds of the bonds are used to accomplish
5    only those projects approved by the voters at an election
6    held on or after November 4, 2014.
7    The debt incurred on any bonds issued under this
8subsection (p-100) shall not be considered indebtedness for
9purposes of any statutory debt limitation. Bonds issued under
10this subsection (p-100) must mature within not to exceed 25
11years from their date, notwithstanding any other law,
12including Section 19-3 of this Code, to the contrary.
13    (p-105) In addition to all other authority to issue bonds,
14North Shore School District 112 may issue bonds with an
15aggregate principal amount not to exceed $150,000,000, but
16only if all of the following conditions are met:
17        (1) The voters of the district approve a proposition
18    for the bond issuance at an election held on or after March
19    15, 2016.
20        (2) Prior to the issuance of the bonds, the school
21    board determines, by resolution, that (i) the building and
22    equipping of new buildings and improving the sites thereof
23    and the building and equipping of additions to, altering,
24    repairing, equipping, and renovating existing buildings
25    and improving the sites thereof are required as a result
26    of the age and condition of the district's existing

 

 

HB5736- 54 -LRB104 21333 TRT 36173 b

1    buildings and (ii) the issuance of bonds is authorized by
2    a statute that exempts the debt incurred on the bonds from
3    the district's statutory debt limitation.
4        (3) The bonds are issued, in one or more issuances,
5    not later than 5 years after the date of the referendum
6    approving the issuance of the bonds, but the aggregate
7    principal amount issued in all such bond issuances
8    combined must not exceed $150,000,000.
9        (4) The bonds are issued in accordance with this
10    Article.
11        (5) The proceeds of the bonds are used to accomplish
12    only those projects approved by the voters at an election
13    held on or after March 15, 2016.
14    The debt incurred on any bonds issued under this
15subsection (p-105) and on any bonds issued to refund or
16continue to refund such bonds shall not be considered
17indebtedness for purposes of any statutory debt limitation.
18Bonds issued under this subsection (p-105) and any bonds
19issued to refund or continue to refund such bonds must mature
20within not to exceed 30 years from their date, notwithstanding
21any other law, including Section 19-3 of this Code, to the
22contrary.
23    (p-110) In addition to all other authority to issue bonds,
24Sandoval Community Unit School District 501 may issue bonds
25with an aggregate principal amount not to exceed $2,000,000,
26but only if all of the following conditions are met:

 

 

HB5736- 55 -LRB104 21333 TRT 36173 b

1        (1) The voters of the district approved a proposition
2    for the bond issuance at an election held on March 20,
3    2012.
4        (2) Prior to the issuance of the bonds, the school
5    board determines, by resolution, that (i) the building and
6    equipping of a new school building is required because of
7    the age and current condition of the Sandoval Elementary
8    School building and (ii) the issuance of bonds is
9    authorized by a statute that exempts the debt incurred on
10    the bonds from the district's statutory debt limitation.
11        (3) The bonds are issued, in one or more bond
12    issuances, on or before March 19, 2022, but the aggregate
13    principal amount issued in all such bond issuances
14    combined must not exceed $2,000,000.
15        (4) The bonds are issued in accordance with this
16    Article.
17        (5) The proceeds of the bonds are used to accomplish
18    only those projects approved by the voters at the election
19    held on March 20, 2012.
20    The debt incurred on any bonds issued under this
21subsection (p-110) and on any bonds issued to refund or
22continue to refund the bonds shall not be considered
23indebtedness for purposes of any statutory debt limitation.
24    (p-115) In addition to all other authority to issue bonds,
25Bureau Valley Community Unit School District 340 may issue
26bonds with an aggregate principal amount not to exceed

 

 

HB5736- 56 -LRB104 21333 TRT 36173 b

1$25,000,000, but only if all of the following conditions are
2met:
3        (1) The voters of the district approve a proposition
4    for the bond issuance at an election held on or after March
5    15, 2016.
6        (2) Prior to the issuances of the bonds, the school
7    board determines, by resolution, that (i) the renovating
8    and equipping of some existing school buildings, the
9    building and equipping of new school buildings, and the
10    demolishing of some existing school buildings are required
11    as a result of the age and condition of existing school
12    buildings and (ii) the issuance of bonds is authorized by
13    a statute that exempts the debt incurred on the bonds from
14    the district's statutory debt limitation.
15        (3) The bonds are issued, in one or more issuances, on
16    or before July 1, 2021, but the aggregate principal amount
17    issued in all such bond issuances combined must not exceed
18    $25,000,000.
19        (4) The bonds are issued in accordance with this
20    Article.
21        (5) The proceeds of the bonds are used to accomplish
22    only those projects approved by the voters at an election
23    held on or after March 15, 2016.
24    The debt incurred on any bonds issued under this
25subsection (p-115) shall not be considered indebtedness for
26purposes of any statutory debt limitation. Bonds issued under

 

 

HB5736- 57 -LRB104 21333 TRT 36173 b

1this subsection (p-115) must mature within not to exceed 30
2years from their date, notwithstanding any other law,
3including Section 19-3 of this Code, to the contrary.
4    (p-120) In addition to all other authority to issue bonds,
5Paxton-Buckley-Loda Community Unit School District 10 may
6issue bonds with an aggregate principal amount not to exceed
7$28,500,000, but only if all the following conditions are met:
8        (1) The voters of the district approve a proposition
9    for the bond issuance at an election held on or after
10    November 8, 2016.
11        (2) Prior to the issuance of the bonds, the school
12    board determines, by resolution, that (i) the projects as
13    described in said proposition, relating to the building
14    and equipping of one or more school buildings or additions
15    to existing school buildings, are required as a result of
16    the age and condition of the District's existing buildings
17    and (ii) the issuance of bonds is authorized by a statute
18    that exempts the debt incurred on the bonds from the
19    district's statutory debt limitation.
20        (3) The bonds are issued, in one or more issuances,
21    not later than 5 years after the date of the referendum
22    approving the issuance of the bonds, but the aggregate
23    principal amount issued in all such bond issuances
24    combined must not exceed $28,500,000.
25        (4) The bonds are issued in accordance with this
26    Article.

 

 

HB5736- 58 -LRB104 21333 TRT 36173 b

1        (5) The proceeds of the bonds are used to accomplish
2    only those projects approved by the voters at an election
3    held on or after November 8, 2016.
4    The debt incurred on any bonds issued under this
5subsection (p-120) and on any bonds issued to refund or
6continue to refund such bonds shall not be considered
7indebtedness for purposes of any statutory debt limitation.
8Bonds issued under this subsection (p-120) and any bonds
9issued to refund or continue to refund such bonds must mature
10within not to exceed 25 years from their date, notwithstanding
11any other law, including Section 19-3 of this Code, to the
12contrary.
13    (p-125) In addition to all other authority to issue bonds,
14Hillsboro Community Unit School District 3 may issue bonds
15with an aggregate principal amount not to exceed $34,500,000,
16but only if all the following conditions are met:
17        (1) The voters of the district approve a proposition
18    for the bond issuance at an election held on or after March
19    15, 2016.
20        (2) Prior to the issuance of the bonds, the school
21    board determines, by resolution, that (i) altering,
22    repairing, and equipping the high school
23    agricultural/vocational building, demolishing the high
24    school main, cafeteria, and gym buildings, building and
25    equipping a school building, and improving sites are
26    required as a result of the age and condition of the

 

 

HB5736- 59 -LRB104 21333 TRT 36173 b

1    district's existing buildings and (ii) the issuance of
2    bonds is authorized by a statute that exempts the debt
3    incurred on the bonds from the district's statutory debt
4    limitation.
5        (3) The bonds are issued, in one or more issuances,
6    not later than 5 years after the date of the referendum
7    approving the issuance of the bonds, but the aggregate
8    principal amount issued in all such bond issuances
9    combined must not exceed $34,500,000.
10        (4) The bonds are issued in accordance with this
11    Article.
12        (5) The proceeds of the bonds are used to accomplish
13    only those projects approved by the voters at an election
14    held on or after March 15, 2016.
15    The debt incurred on any bonds issued under this
16subsection (p-125) and on any bonds issued to refund or
17continue to refund such bonds shall not be considered
18indebtedness for purposes of any statutory debt limitation.
19Bonds issued under this subsection (p-125) and any bonds
20issued to refund or continue to refund such bonds must mature
21within not to exceed 25 years from their date, notwithstanding
22any other law, including Section 19-3 of this Code, to the
23contrary.
24    (p-130) In addition to all other authority to issue bonds,
25Waltham Community Consolidated School District 185 may incur
26indebtedness in an aggregate principal amount not to exceed

 

 

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1$9,500,000 to build and equip a new school building and
2improve the site thereof, but only if all the following
3conditions are met:
4        (1) A majority of the voters of the district voting on
5    an advisory question voted in favor of the question
6    regarding the use of funding sources to build a new school
7    building without increasing property tax rates at the
8    general election held on November 8, 2016.
9        (2) Prior to incurring the debt, the school board
10    enters into intergovernmental agreements with the City of
11    LaSalle to pledge moneys in a special tax allocation fund
12    associated with tax increment financing districts LaSalle
13    I and LaSalle III and with the Village of Utica to pledge
14    moneys in a special tax allocation fund associated with
15    tax increment financing district Utica I for the purposes
16    of repaying the debt issued pursuant to this subsection
17    (p-130). Notwithstanding any other provision of law to the
18    contrary, the intergovernmental agreement may extend these
19    tax increment financing districts as necessary to ensure
20    repayment of the debt.
21        (3) Prior to incurring the debt, the school board
22    determines, by resolution, that (i) the building and
23    equipping of a new school building is required as a result
24    of the age and condition of the district's existing
25    buildings and (ii) the debt is authorized by a statute
26    that exempts the debt from the district's statutory debt

 

 

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1    limitation.
2        (4) The debt is incurred, in one or more issuances,
3    not later than January 1, 2021, and the aggregate
4    principal amount of debt issued in all such issuances
5    combined must not exceed $9,500,000.
6    The debt incurred under this subsection (p-130) and on any
7bonds issued to pay, refund, or continue to refund such debt
8shall not be considered indebtedness for purposes of any
9statutory debt limitation. Debt issued under this subsection
10(p-130) and any bonds issued to pay, refund, or continue to
11refund such debt must mature within not to exceed 25 years from
12their date, notwithstanding any other law, including Section
1319-11 of this Code and subsection (b) of Section 17 of the
14Local Government Debt Reform Act, to the contrary.
15    (p-133) Notwithstanding the provisions of subsection (a)
16of this Section or of any other law, bonds heretofore or
17hereafter issued by East Prairie School District 73 with an
18aggregate principal amount not to exceed $47,353,147 and
19approved by the voters of the district at the general election
20held on November 8, 2016, and any bonds issued to refund or
21continue to refund the bonds, shall not be considered
22indebtedness for the purposes of any statutory debt limitation
23and may mature within not to exceed 25 years from their date,
24notwithstanding any other law, including Section 19-3 of this
25Code, to the contrary.
26    (p-135) In addition to all other authority to issue bonds,

 

 

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1Brookfield LaGrange Park School District Number 95 may issue
2bonds with an aggregate principal amount not to exceed
3$20,000,000, but only if all the following conditions are met:
4        (1) The voters of the district approve a proposition
5    for the bond issuance at an election held on or after April
6    4, 2017.
7        (2) Prior to the issuance of the bonds, the school
8    board determines, by resolution, that (i) the additions
9    and renovations to the Brook Park Elementary and S. E.
10    Gross Middle School buildings are required to accommodate
11    enrollment growth, replace outdated facilities, and create
12    spaces consistent with 21st century learning and (ii) the
13    issuance of the bonds is authorized by a statute that
14    exempts the debt incurred on the bonds from the district's
15    statutory debt limitation.
16        (3) The bonds are issued, in one or more issuances,
17    not later than 5 years after the date of the referendum
18    approving the issuance of the bonds, but the aggregate
19    principal amount issued in all such bond issuances
20    combined must not exceed $20,000,000.
21        (4) The bonds are issued in accordance with this
22    Article.
23        (5) The proceeds of the bonds are used to accomplish
24    only those projects approved by the voters at an election
25    held on or after April 4, 2017.
26    The debt incurred on any bonds issued under this

 

 

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1subsection (p-135) and on any bonds issued to refund or
2continue to refund such bonds shall not be considered
3indebtedness for purposes of any statutory debt limitation.
4    (p-140) The debt incurred on any bonds issued by Wolf
5Branch School District 113 under Section 17-2.11 of this Code
6for the purpose of repairing or replacing all or a portion of a
7school building that has been damaged by mine subsidence in an
8aggregate principal amount not to exceed $17,500,000 and on
9any bonds issued to refund or continue to refund those bonds
10shall not be considered indebtedness for purposes of any
11statutory debt limitation and must mature no later than 25
12years from the date of issuance, notwithstanding any other
13provision of law to the contrary, including Section 19-3 of
14this Code. The maximum allowable amount of debt exempt from
15statutory debt limitations under this subsection (p-140) shall
16be reduced by an amount equal to any grants awarded by the
17State Board of Education or Capital Development Board for the
18explicit purpose of repairing or reconstructing a school
19building damaged by mine subsidence.
20    (p-145) In addition to all other authority to issue bonds,
21Greenview Community Unit School District 200 may issue bonds
22with an aggregate principal amount not to exceed $3,500,000,
23but only if all of the following conditions are met:
24        (1) The voters of the district approve a proposition
25    for the bond issuance at an election held on March 17,
26    2020.

 

 

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1        (2) Prior to the issuance of the bonds, the school
2    board determines, by resolution, that the bonding is
3    necessary for construction and expansion of the district's
4    kindergarten through grade 12 facility.
5        (3) The bonds are issued, in one or more issuances,
6    not later than 5 years after the date of the referendum
7    approving the issuance of the bonds, but the aggregate
8    principal amount issued in all such bond issuances
9    combined must not exceed $3,500,000.
10        (4) The bonds are issued in accordance with this
11    Article.
12        (5) The proceeds of the bonds are used to accomplish
13    only the projects approved by the voters at an election
14    held on March 17, 2020.
15    The debt incurred on any bonds issued under this
16subsection (p-145) and on any bonds issued to refund or
17continue to refund such bonds shall not be considered
18indebtedness for purposes of any statutory debt limitation.
19Bonds issued under this subsection (p-145) and any bonds
20issued to refund or continue to refund such bonds must mature
21within not to exceed 25 years from their date, notwithstanding
22any other law, including Section 19-3 of this Code, to the
23contrary.
24    (p-150) In addition to all other authority to issue bonds,
25Komarek School District 94 may issue bonds with an aggregate
26principal amount not to exceed $20,800,000, but only if all of

 

 

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1the following conditions are met:
2        (1) The voters of the district approve a proposition
3    for the bond issuance at an election held on or after March
4    17, 2020.
5        (2) Prior to the issuance of the bonds, the school
6    board determines, by resolution, that (i) building and
7    equipping additions to, altering, repairing, equipping, or
8    demolishing a portion of, or improving the site of the
9    district's existing school building is required as a
10    result of the age and condition of the existing building
11    and (ii) the issuance of the bonds is authorized by a
12    statute that exempts the debt incurred on the bonds from
13    the district's statutory debt limitation.
14        (3) The bonds are issued, in one or more issuances, no
15    later than 5 years after the date of the referendum
16    approving the issuance of the bonds, but the aggregate
17    principal amount issued in all of the bond issuances
18    combined may not exceed $20,800,000.
19        (4) The bonds are issued in accordance with this
20    Article.
21        (5) The proceeds of the bonds are used to accomplish
22    only those projects approved by the voters at an election
23    held on or after March 17, 2020.
24    The debt incurred on any bonds issued under this
25subsection (p-150) and on any bonds issued to refund or
26continue to refund those bonds may not be considered

 

 

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1indebtedness for purposes of any statutory debt limitation.
2Notwithstanding any other law to the contrary, including
3Section 19-3, bonds issued under this subsection (p-150) and
4any bonds issued to refund or continue to refund those bonds
5must mature within 30 years from their date of issuance.
6    (p-155) In addition to all other authority to issue bonds,
7Williamsville Community Unit School District 15 may issue
8bonds with an aggregate principal amount not to exceed
9$40,000,000, but only if all of the following conditions are
10met:
11        (1) The voters of the school district approve a
12    proposition for the bond issuance at an election held on
13    March 17, 2020.
14        (2) Prior to the issuance of the bonds, the school
15    board determines, by resolution, that the projects set
16    forth in the proposition for the bond issuance were and
17    are required because of the age and condition of the
18    school district's existing school buildings.
19        (3) The bonds are issued, in one or more issuances,
20    not later than 5 years after the date of the referendum
21    approving the issuance of the bonds, but the aggregate
22    principal amount issued in all such bond issuances
23    combined must not exceed $40,000,000.
24        (4) The bonds are issued in accordance with this
25    Article.
26        (5) The proceeds of the bonds are used to accomplish

 

 

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1    only the projects approved by the voters at an election
2    held on March 17, 2020.
3    The debt incurred on any bonds issued under this
4subsection (p-155) and on any bonds issued to refund or
5continue to refund such bonds shall not be considered
6indebtedness for purposes of any statutory debt limitation.
7Bonds issued under this subsection (p-155) and any bonds
8issued to refund or continue to refund such bonds must mature
9within not to exceed 25 years from their date, notwithstanding
10any other law, including Section 19-3 of this Code, to the
11contrary.
12    (p-160) In addition to all other authority to issue bonds,
13Berkeley School District 87 may issue bonds with an aggregate
14principal amount not to exceed $105,000,000, but only if all
15of the following conditions are met:
16        (1) The voters of the district approve a proposition
17    for the bond issuance at the general primary election held
18    on March 17, 2020.
19        (2) Prior to the issuance of the bonds, the school
20    board determines, by resolution, that (i) building and
21    equipping a school building to replace the Sunnyside
22    Intermediate and MacArthur Middle School buildings;
23    building and equipping additions to and altering,
24    repairing, and equipping the Riley Intermediate and
25    Northlake Middle School buildings; altering, repairing,
26    and equipping the Whittier Primary and Jefferson Primary

 

 

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1    School buildings; improving sites; renovating
2    instructional spaces; providing STEM (science, technology,
3    engineering, and mathematics) labs; and constructing life
4    safety, security, and infrastructure improvements are
5    required to replace outdated facilities and to provide
6    safe spaces consistent with 21st century learning and (ii)
7    the issuance of bonds is authorized by a statute that
8    exempts the debt incurred on the bonds from the district's
9    statutory debt limitation.
10        (3) The bonds are issued, in one or more issuances,
11    not later than 5 years after the date of the referendum
12    approving the issuance of the bonds, but the aggregate
13    principal amount issued in all such bond issuances
14    combined must not exceed $105,000,000.
15        (4) The bonds are issued in accordance with this
16    Article.
17        (5) The proceeds of the bonds are used to accomplish
18    only those projects approved by the voters at the general
19    primary election held on March 17, 2020.
20    The debt incurred on any bonds issued under this
21subsection (p-160) and on any bonds issued to refund or
22continue to refund such bonds shall not be considered
23indebtedness for purposes of any statutory debt limitation.
24    (p-165) In addition to all other authority to issue bonds,
25Elmwood Park Community Unit School District 401 may issue
26bonds with an aggregate principal amount not to exceed

 

 

HB5736- 69 -LRB104 21333 TRT 36173 b

1$55,000,000, but only if all of the following conditions are
2met:
3        (1) The voters of the district approve a proposition
4    for the bond issuance at an election held on or after March
5    17, 2020.
6        (2) Prior to the issuance of the bonds, the school
7    board determines, by resolution, that (i) the building and
8    equipping of an addition to the John Mills Elementary
9    School building; the renovating, altering, repairing, and
10    equipping of the John Mills and Elmwood Elementary School
11    buildings; the installation of safety and security
12    improvements; and the improvement of school sites are
13    required as a result of the age and condition of the
14    district's existing school buildings and (ii) the issuance
15    of bonds is authorized by a statute that exempts the debt
16    incurred on the bonds from the district's statutory debt
17    limitation.
18        (3) The bonds are issued, in one or more issuances,
19    not later than 5 years after the date of the referendum
20    approving the issuance of the bonds, but the aggregate
21    principal amount issued in all such bond issuances
22    combined must not exceed $55,000,000.
23        (4) The bonds are issued in accordance with this
24    Article.
25        (5) The proceeds of the bonds are used to accomplish
26    only the projects approved by the voters at an election

 

 

HB5736- 70 -LRB104 21333 TRT 36173 b

1    held on or after March 17, 2020.
2    The debt incurred on any bonds issued under this
3subsection (p-165) and on any bonds issued to refund or
4continue to refund such bonds shall not be considered
5indebtedness for purposes of any statutory debt limitation.
6Bonds issued under this subsection (p-165) and any bonds
7issued to refund or continue to refund such bonds must mature
8within not to exceed 25 years from their date, notwithstanding
9any other law, including Section 19-3 of this Code, to the
10contrary.
11    (p-170) In addition to all other authority to issue bonds,
12Maroa-Forsyth Community Unit School District 2 may issue bonds
13with an aggregate principal amount not to exceed $33,000,000,
14but only if all of the following conditions are met:
15        (1) The voters of the school district approve a
16    proposition for the bond issuance at an election held on
17    March 17, 2020.
18        (2) Prior to the issuance of the bonds, the school
19    board determines, by resolution, that the projects set
20    forth in the proposition for the bond issuance were and
21    are required because of the age and condition of the
22    school district's existing school buildings.
23        (3) The bonds are issued, in one or more issuances,
24    not later than 5 years after the date of the referendum
25    approving the issuance of the bonds, but the aggregate
26    principal amount issued in all such bond issuances

 

 

HB5736- 71 -LRB104 21333 TRT 36173 b

1    combined must not exceed $33,000,000.
2        (4) The bonds are issued in accordance with this
3    Article.
4        (5) The proceeds of the bonds are used to accomplish
5    only the projects approved by the voters at an election
6    held on March 17, 2020.
7    The debt incurred on any bonds issued under this
8subsection (p-170) and on any bonds issued to refund or
9continue to refund such bonds shall not be considered
10indebtedness for purposes of any statutory debt limitation.
11Bonds issued under this subsection (p-170) and any bonds
12issued to refund or continue to refund such bonds must mature
13within not to exceed 25 years from their date, notwithstanding
14any other law, including Section 19-3 of this Code, to the
15contrary.
16    (p-175) In addition to all other authority to issue bonds,
17Schiller Park School District 81 may issue bonds with an
18aggregate principal amount not to exceed $30,000,000, but only
19if all of the following conditions are met:
20        (1) The voters of the district approve a proposition
21    for the bond issuance at an election held on or after March
22    17, 2020.
23        (2) Prior to the issuance of the bonds, the school
24    board determines, by resolution, that (i) building and
25    equipping a school building to replace the Washington
26    Elementary School building, installing fire suppression

 

 

HB5736- 72 -LRB104 21333 TRT 36173 b

1    systems, security systems, and federal Americans with
2    Disability Act of 1990 compliance measures, acquiring
3    land, and improving the site are required to accommodate
4    enrollment growth, replace an outdated facility, and
5    create spaces consistent with 21st century learning and
6    (ii) the issuance of bonds is authorized by a statute that
7    exempts the debt incurred on the bonds from the district's
8    statutory debt limitation.
9        (3) The bonds are issued, in one or more issuances,
10    not later than 5 years after the date of the referendum
11    approving the issuance of the bonds, but the aggregate
12    principal amount issued in all such bond issuances
13    combined must not exceed $30,000,000.
14        (4) The bonds are issued in accordance with this
15    Article.
16        (5) The proceeds of the bonds are used to accomplish
17    only the projects approved by the voters at an election
18    held on or after March 17, 2020.
19    The debt incurred on any bonds issued under this
20subsection (p-175) and on any bonds issued to refund or
21continue to refund such bonds shall not be considered
22indebtedness for purposes of any statutory debt limitation.
23Bonds issued under this subsection (p-175) and any bonds
24issued to refund or continue to refund such bonds must mature
25within not to exceed 27 years from their date, notwithstanding
26any other law, including Section 19-3 of this Code, to the

 

 

HB5736- 73 -LRB104 21333 TRT 36173 b

1contrary.
2    (p-180) In addition to all other authority to issue bonds,
3Iroquois County Community Unit School District 9 may issue
4bonds with an aggregate principal amount not to exceed
5$17,125,000, but only if all of the following conditions are
6met:
7        (1) The voters of the district approve a proposition
8    for the bond issuance at an election held on or after April
9    6, 2021.
10        (2) Prior to the issuance of the bonds, the school
11    board determines, by resolution, that (i) building and
12    equipping a new school building in the City of Watseka;
13    altering, repairing, renovating, and equipping portions of
14    the existing facilities of the district; and making site
15    improvements is necessary because of the age and condition
16    of the district's existing school facilities and (ii) the
17    issuance of bonds is authorized by a statute that exempts
18    the debt incurred on the bonds from the district's
19    statutory debt limitation.
20        (3) The bonds are issued, in one or more issuances,
21    not later than 5 years after the date of the referendum
22    approving the issuance of the bonds, but the aggregate
23    principal amount issued in all such bond issuances
24    combined must not exceed $17,125,000.
25        (4) The bonds are issued in accordance with this
26    Article.

 

 

HB5736- 74 -LRB104 21333 TRT 36173 b

1        (5) The proceeds of the bonds are used to accomplish
2    only the projects approved by the voters at an election
3    held on or after April 6, 2021.
4    The debt incurred on any bonds issued under this
5subsection (p-180) and on any bonds issued to refund or
6continue to refund such bonds shall not be considered
7indebtedness for purposes of any statutory debt limitation.
8Bonds issued under this subsection (p-180) and any bonds
9issued to refund or continue to refund such bonds must mature
10within not to exceed 25 years from their date, notwithstanding
11any other law, including Section 19-3 of this Code, to the
12contrary.
13    (p-185) In addition to all other authority to issue bonds,
14Field Community Consolidated School District 3 may issue bonds
15with an aggregate principal amount not to exceed $2,600,000,
16but only if all of the following conditions are met:
17        (1) The voters of the district approve a proposition
18    for the bond issuance at an election held on or after April
19    6, 2021.
20        (2) Prior to the issuance of the bonds, the school
21    board determines, by resolution, that (i) it is necessary
22    to alter, repair, renovate, and equip the existing
23    facilities of the district, including, but not limited to,
24    roof replacement, lighting replacement, electrical
25    upgrades, restroom repairs, and gym renovations, and make
26    site improvements because of the age and condition of the

 

 

HB5736- 75 -LRB104 21333 TRT 36173 b

1    district's existing school facilities and (ii) the
2    issuance of bonds is authorized by a statute that exempts
3    the debt incurred on the bonds from the district's
4    statutory debt limitation.
5        (3) The bonds are issued, in one or more issuances,
6    not later than 5 years after the date of the referendum
7    approving the issuance of the bonds, but the aggregate
8    principal amount issued in all such bond issuances
9    combined must not exceed $2,600,000.
10        (4) The bonds are issued in accordance with this
11    Article.
12        (5) The proceeds of the bonds are used to accomplish
13    only the projects approved by the voters at an election
14    held on or after April 6, 2021.
15    The debt incurred on any bonds issued under this
16subsection (p-185) and on any bonds issued to refund or
17continue to refund such bonds shall not be considered
18indebtedness for purposes of any statutory debt limitation.
19Bonds issued under this subsection (p-185) and any bonds
20issued to refund or continue to refund such bonds must mature
21within not to exceed 25 years from their date, notwithstanding
22any other law, including Section 19-3 of this Code, to the
23contrary.
24    (p-190) In addition to all other authority to issue bonds,
25Mahomet-Seymour Community Unit School District 3 may issue
26bonds with an aggregate principal amount not to exceed

 

 

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1$97,900,000, but only if all the following conditions are met:
2        (1) The voters of the district approve a proposition
3    for the bond issuance at an election held on or after June
4    28, 2022.
5        (2) Prior to the issuance of the bonds, the school
6    board determines, by resolution, that (i) it is necessary
7    to build and equip a new junior high school building,
8    build and equip a new transportation building, and build
9    and equip additions to, renovate, and make site
10    improvements at the Lincoln Trail Elementary building,
11    Middletown Prairie Elementary building, and
12    Mahomet-Seymour High School building and (ii) the issuance
13    of bonds is authorized by a statute that exempts the debt
14    incurred on the bonds from the district's statutory debt
15    limitation.
16        (3) The bonds are issued, in one or more issuances,
17    not later than 5 years after the date of the referendum
18    approving the issuance of the bonds, but the aggregate
19    principal amount issued in all such bond issuances
20    combined must not exceed $97,900,000.
21        (4) The bonds are issued in accordance with this
22    Article.
23        (5) The proceeds of the bonds are used to accomplish
24    only the projects approved by the voters at an election
25    held on or after June 28, 2022.
26    The debt incurred on any bonds issued under this

 

 

HB5736- 77 -LRB104 21333 TRT 36173 b

1subsection (p-190) and on any bonds issued to refund or
2continue to refund such bonds shall not be considered
3indebtedness for purposes of any statutory debt limitation.
4Bonds issued under this subsection (p-190) and any bonds
5issued to refund or continue to refund such bonds must mature
6within not to exceed 25 years from their date, notwithstanding
7any other law, including Section 19-3 of this Code, to the
8contrary.
9    (p-195) In addition to all other authority to issue bonds,
10New Berlin Community Unit School District 16 may issue bonds
11with an aggregate principal amount not to exceed $23,500,000,
12but only if all the following conditions are met:
13        (1) The voters of the district approve a proposition
14    for the bond issuance at an election held on or after June
15    28, 2022.
16        (2) Prior to the issuance of the bonds, the school
17    board determines, by resolution, that (i) it is necessary
18    to alter, repair, and equip the junior/senior high school
19    building, including creating new classroom, gym, and other
20    instructional spaces, renovating the J.V. Kirby Pretzel
21    Dome, improving heating, cooling, and ventilation systems,
22    installing school safety and security improvements,
23    removing asbestos, and making site improvements, and (ii)
24    the issuance of bonds is authorized by a statute that
25    exempts the debt incurred on the bonds from the district's
26    statutory debt limitation.

 

 

HB5736- 78 -LRB104 21333 TRT 36173 b

1        (3) The bonds are issued, in one or more issuances,
2    not later than 5 years after the date of the referendum
3    approving the issuance of the bonds, but the aggregate
4    principal amount issued in all such bond issuances
5    combined must not exceed $23,500,000.
6        (4) The bonds are issued in accordance with this
7    Article.
8        (5) The proceeds of the bonds are used to accomplish
9    only the projects approved by the voters at an election
10    held on or after June 28, 2022.
11    The debt incurred on any bonds issued under this
12subsection (p-195) and on any bonds issued to refund or
13continue to refund such bonds shall not be considered
14indebtedness for purposes of any statutory debt limitation.
15Bonds issued under this subsection (p-195) and any bonds
16issued to refund or continue to refund such bonds must mature
17within not to exceed 25 years from their date, notwithstanding
18any other law, including Section 19-3 of this Code, to the
19contrary.
20    (p-200) In addition to all other authority to issue bonds,
21Highland Community Unit School District 5 may issue bonds with
22an aggregate principal amount not to exceed $40,000,000, but
23only if all the following conditions are met:
24        (1) The voters of the district approve a proposition
25    for the bond issuance at an election held on or after June
26    28, 2022.

 

 

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1        (2) Prior to the issuance of the bonds, the school
2    board determines, by resolution, that (i) it is necessary
3    to improve the sites of, build, and equip a new primary
4    school building and build and equip additions to and
5    alter, repair, and equip existing school buildings and
6    (ii) the issuance of bonds is authorized by a statute that
7    exempts the debt incurred on the bonds from the district's
8    statutory debt limitation.
9        (3) The bonds are issued, in one or more issuances,
10    not later than 5 years after the date of the referendum
11    approving the issuance of the bonds, but the aggregate
12    principal amount issued in all such bond issuances
13    combined must not exceed $40,000,000.
14        (4) The bonds are issued in accordance with this
15    Article.
16        (5) The proceeds of the bonds are used to accomplish
17    only the projects approved by the voters at an election
18    held on or after June 28, 2022.
19    The debt incurred on any bonds issued under this
20subsection (p-200) and on any bonds issued to refund or
21continue to refund such bonds shall not be considered
22indebtedness for purposes of any statutory debt limitation.
23Bonds issued under this subsection (p-200) and any bonds
24issued to refund or continue to refund such bonds must mature
25within not to exceed 25 years from their date, notwithstanding
26any other law, including Section 19-3 of this Code, to the

 

 

HB5736- 80 -LRB104 21333 TRT 36173 b

1contrary.
2    (p-205) In addition to all other authority to issue bonds,
3Sullivan Community Unit School District 300 may issue bonds
4with an aggregate principal amount not to exceed $25,000,000,
5but only if all of the following conditions are met:
6        (1) The voters of the district approve a proposition
7    for the bond issuance at an election held on or after June
8    28, 2022.
9        (2) Prior to the issuance of the bonds, the school
10    board determines, by resolution, that (i) the projects set
11    forth in the proposition for the issuance of the bonds are
12    required because of the age, condition, or capacity of the
13    school district's existing school buildings and (ii) the
14    issuance of bonds is authorized by a statute that exempts
15    the debt incurred on the bonds from the district's
16    statutory debt limitation.
17        (3) The bonds are issued, in one or more issuances,
18    not later than 5 years after the date of the referendum
19    approving the issuance of the bonds, but the aggregate
20    principal amount issued in all such bond issuances
21    combined must not exceed $25,000,000.
22        (4) The bonds are issued in accordance with this
23    Article.
24        (5) The proceeds of the bonds are used to accomplish
25    only the projects approved by the voters at an election
26    held on or after June 28, 2022.

 

 

HB5736- 81 -LRB104 21333 TRT 36173 b

1    The debt incurred on any bonds issued under this
2subsection (p-205) and on any bonds issued to refund or
3continue to refund such bonds shall not be considered
4indebtedness for purposes of any statutory debt limitation.
5Bonds issued under this subsection (p-205) and any bonds
6issued to refund or continue to refund such bonds must mature
7within not to exceed 25 years from their date, notwithstanding
8any other law, including Section 19-3 of this Code, to the
9contrary.
10    (p-210) In addition to all other authority to issue bonds,
11Manhattan School District 114 may issue bonds with an
12aggregate principal amount not to exceed $85,000,000, but only
13if all the following conditions are met:
14        (1) The voters of the district approve a proposition
15    for the bond issuance at an election held on or after June
16    28, 2022.
17        (2) Prior to the issuance of the bonds, the school
18    board determines, by resolution, that the projects set
19    forth in the proposition for the bond issuance were and
20    are required because of the age, condition, or capacity of
21    the school district's existing school buildings.
22        (3) The bonds are issued, in one or more issuances,
23    not later than 5 years after the date of the referendum
24    approving the issuances of the bonds, but the aggregate
25    principal amount issued in all such bond issuances
26    combined must not exceed $85,000,000.

 

 

HB5736- 82 -LRB104 21333 TRT 36173 b

1        (4) The bonds are issued in accordance with this
2    Article.
3        (5) The proceeds of the bonds are used to accomplish
4    only the projects approved by the voters at an election
5    held on or after June 28, 2022.
6    The debt incurred on any bonds issued under this
7subsection (p-210) and on any bonds issued to refund or
8continue to refund such bonds shall not be considered
9indebtedness for purposes of any statutory debt limitation.
10Bonds issued under this subsection (p-210) and any bonds
11issued to refund or continue to refund such bonds must mature
12within not to exceed 30 years from their date, notwithstanding
13any other law, including Section 19-3 of this Code, to the
14contrary.
15    (p-215) In addition to all other authority to issue bonds,
16Golf Elementary School District 67 may issue bonds with an
17aggregate principal amount not to exceed $56,000,000, but only
18if all of the following conditions are met:
19        (1) The voters of the district approve a proposition
20    for the bond issuance at an election held on or after June
21    28, 2022.
22        (2) Prior to the issuance of the bonds, the school
23    board determines, by resolution, that (i) it is necessary
24    to build and equip a new school building and improve the
25    site thereof and (ii) the issuance of bonds is authorized
26    by a statute that exempts the debt incurred on the bonds

 

 

HB5736- 83 -LRB104 21333 TRT 36173 b

1    from the district's statutory debt limitation.
2        (3) The bonds are issued, in one or more issuances,
3    not later than 5 years after the date of the referendum
4    approving the issuance of the bonds, but the aggregate
5    principal amount issued in all such bond issuances
6    combined must not exceed $56,000,000.
7        (4) The bonds are issued in accordance with this
8    Article.
9        (5) The proceeds of the bonds are used to accomplish
10    only the projects approved by the voters at an election
11    held on or after June 28, 2022.
12    The debt incurred on any bonds issued under this
13subsection (p-215) and on any bonds issued to refund or
14continue to refund such bonds shall not be considered
15indebtedness for purposes of any statutory debt limitation.
16Bonds issued under this subsection (p-215) and any bonds
17issued to refund or continue to refund such bonds must mature
18within not to exceed 25 years from their date, notwithstanding
19any other law, including Section 19-3 of this Code, to the
20contrary.
21    (p-220) In addition to all other authority to issue bonds,
22Joliet Public Schools District 86 may issue bonds with an
23aggregate principal amount not to exceed $99,500,000, but only
24if all the following conditions are met:
25        (1) The voters of the district approve a proposition
26    for the bond issuance at an election held on or after April

 

 

HB5736- 84 -LRB104 21333 TRT 36173 b

1    4, 2023.
2        (2) Prior to the issuance of the bonds, the school
3    board determines, by resolution, that the projects set
4    forth in the proposition for the bond issuance were and
5    are required because of the age and condition of the
6    school district's existing school buildings.
7        (3) The bonds are issued, in one or more issuances,
8    not later than 5 years after the date of the referendum
9    approving the issuance of the bonds, but the aggregate
10    principal amount issued in all such bond issuances
11    combined must not exceed $99,500,000.
12        (4) The bonds are issued in accordance with this
13    Article.
14        (5) The proceeds of the bonds are used to accomplish
15    only the projects approved by the voters at an election
16    held on or after April 4, 2023.
17    The debt incurred on any bonds issued under this
18subsection (p-220), and on any bonds issued to refund or
19continue to refund such bonds, shall not be considered
20indebtedness for purposes of any statutory debt limitation.
21Bonds issued under this subsection (p-220) and any bonds
22issued to refund or continue to refund such bonds must mature
23within not to exceed 25 years from their date, notwithstanding
24any other law, including Section 19-3 of this Code, to the
25contrary.
26    (p-225) In addition to all other authority to issue bonds,

 

 

HB5736- 85 -LRB104 21333 TRT 36173 b

1Union Ridge School District 86 may issue bonds with an
2aggregate principal amount not to exceed $35,000,000, but only
3if all the following conditions are met:
4        (1) The voters of the school district approve a
5    proposition for the bond issuance at an election held on
6    or after March 19, 2024.
7        (2) Prior to the issuance of the bonds, the school
8    board determines, by resolution, that the projects set
9    forth in the proposition for the bond issuance were and
10    are required because of the age and condition of the
11    school district's existing school buildings.
12        (3) The bonds are issued, in one or more issuances,
13    not later than 5 years after the date of the referendum
14    approving the issuance of the bonds, but the aggregate
15    principal amount issued in all such bond issuances
16    combined must not exceed $35,000,000.
17        (4) The bonds are issued in accordance with this
18    Article.
19        (5) The proceeds of the bonds are used to accomplish
20    only the projects approved by the voters at an election
21    held on or after March 19, 2024.
22    The debt incurred on any bonds issued under this
23subsection (p-225) and on any bonds issued to refund or
24continue to refund such bonds shall not be considered
25indebtedness for purposes of any statutory debt limitation.
26Bonds issued under this subsection (p-225) and any bonds

 

 

HB5736- 86 -LRB104 21333 TRT 36173 b

1issued to refund or continue to refund such bonds must mature
2within not to exceed 25 years from their date, notwithstanding
3any other law, including Section 19-3 of this Code, to the
4contrary.
5    (p-230) In addition to all other authority to issue bonds,
6Bethel School District 82 may issue bonds with an aggregate
7principal amount not to exceed $3,975,000, but only if all the
8following conditions are met:
9        (1) The voters of the school district approve a
10    proposition for the bond issuance at an election held on
11    or after March 19, 2024.
12        (2) Prior to the issuance of the bonds, the school
13    board determines, by resolution, that the projects set
14    forth in the proposition for the bond issuance were and
15    are required because of the age and condition of the
16    school district's existing school buildings.
17        (3) The bonds are issued, in one or more issuances,
18    not later than 5 years after the date of the referendum
19    approving the issuance of the bonds, but the aggregate
20    principal amount issued in all such bond issuances
21    combined must not exceed $3,975,000.
22        (4) The bonds are issued in accordance with this
23    Article.
24        (5) The proceeds of the bonds are used to accomplish
25    only the projects approved by the voters at an election
26    held on or after March 19, 2024.

 

 

HB5736- 87 -LRB104 21333 TRT 36173 b

1    The debt incurred on any bonds issued under this
2subsection (p-230) and on any bonds issued to refund or
3continue to refund such bonds shall not be considered
4indebtedness for purposes of any statutory debt limitation.
5Bonds issued under this subsection (p-230) and any bonds
6issued to refund or continue to refund such bonds must mature
7within not to exceed 25 years from their date, notwithstanding
8any other law, including Section 19-3 of this Code, to the
9contrary.
10    (p-235) Notwithstanding the provisions of any other law to
11the contrary, debt incurred on any bonds issued under Section
1219-3 of this Code and authorized by an election held on or
13after November 5, 2024 and on any bonds issued to refund or
14continue to refund such bonds shall not be considered
15indebtedness for purposes of any statutory debt limitation.
16Bonds issued under Section 19-3 of this Code and authorized by
17an election held on or after November 5, 2024 and any bonds
18issued to refund or continue to refund such bonds must mature
19within 30 years from their date, notwithstanding any other
20law, including Section 19-3 of this Code, to the contrary.
21    (q) A school district must notify the State Board of
22Education prior to issuing any form of long-term or short-term
23debt that will result in outstanding debt that exceeds 75% of
24the debt limit specified in this Section or any other
25provision of law.
26(Source: P.A. 103-449, eff. 1-1-24; 103-591, eff. 7-1-24;

 

 

HB5736- 88 -LRB104 21333 TRT 36173 b

1103-978, eff. 8-9-24; 104-417, eff. 8-15-25.)
 
2    (105 ILCS 5/19-3)  (from Ch. 122, par. 19-3)
3    Sec. 19-3. Boards of education. Any school district
4governed by a board of education and having a population of not
5more than 500,000 inhabitants, and not governed by a special
6Act may borrow money for the purpose of building, equipping,
7altering or repairing school buildings or purchasing or
8improving school sites, or acquiring and equipping
9playgrounds, recreation grounds, athletic fields, and other
10buildings or land used or useful for school purposes or for the
11purpose of purchasing a site, with or without a building or
12buildings thereon, or for the building of a house or houses on
13such site, or for the building of a house or houses on the
14school site of the school district, for residential purposes
15of the superintendent, principal, or teachers of the school
16district, and issue its negotiable coupon bonds therefor
17signed by the president and secretary of the board, in
18denominations of not less than $100 nor more than $5,000,
19payable at such place and at such time or times, not exceeding
2020 years, with the exception of Lockport High School and bonds
21issued by any school district as qualified school construction
22bonds in accordance with applicable federal tax law not
23exceeding 25 years, from date of issuance, as the board of
24education may prescribe, and bearing interest at a rate not to
25exceed the maximum rate authorized by the Bond Authorization

 

 

HB5736- 89 -LRB104 21333 TRT 36173 b

1Act, as amended at the time of the making of the contract,
2payable annually, semiannually or quarterly, but no such bonds
3shall be issued unless the proposition to issue them is
4submitted to the voters of the district at a referendum held at
5a general regularly scheduled election after the board has
6certified the proposition to the proper election authorities
7in accordance with the general election law, a majority of all
8the votes cast on the proposition is in favor of the
9proposition, and notice of such bond referendum has been given
10either (i) in accordance with the second paragraph of Section
1112-1 of the Election Code irrespective of whether such notice
12included any reference to the public question as it appeared
13on the ballot, or (ii) for an election held on or after
14November 1, 1998, in accordance with Section 12-5 of the
15Election Code, or (iii) by publication of a true and legible
16copy of the specimen ballot label containing the proposition
17in the form in which it appeared or will appear on the official
18ballot label on the day of the election at least 5 days before
19the day of the election in at least one newspaper published in
20and having a general circulation in the district, irrespective
21of any other requirements of Article 12 or Section 24A-18 of
22the Election Code, nor shall any residential site be acquired
23unless such proposition to acquire a site is submitted to the
24voters of the district at a referendum held at a general
25regularly scheduled election after the board has certified the
26proposition to the proper election authorities in accordance

 

 

HB5736- 90 -LRB104 21333 TRT 36173 b

1with the general election law and a majority of all the votes
2cast on the proposition is in favor of the proposition.
3Nothing in this Act or in any other law shall be construed to
4require the notice of the bond referendum to be published over
5the name or title of the election authority or the listing of
6maturity dates of any bonds either in the notice of bond
7election or ballot used in the bond election. The provisions
8of this Section concerning notice of the bond referendum apply
9only to (i) consolidated primary elections held prior to
10January 1, 2002 and the consolidated election held on April
1117, 2007 at which not less than 60% of the voters voting on the
12bond proposition voted in favor of the bond proposition, and
13(ii) other elections held before July 1, 1999; otherwise,
14notices required in connection with the submission of public
15questions shall be as set forth in Section 12-5 of the Election
16Code. Such proposition may be initiated by resolution of the
17school board.
18    With respect to instruments for the payment of money
19issued under this Section either before, on, or after the
20effective date of this amendatory Act of 1989, it is and always
21has been the intention of the General Assembly (i) that the
22Omnibus Bond Acts are and always have been supplementary
23grants of power to issue instruments in accordance with the
24Omnibus Bond Acts, regardless of any provision of this Act
25that may appear to be or to have been more restrictive than
26those Acts, (ii) that the provisions of this Section are not a

 

 

HB5736- 91 -LRB104 21333 TRT 36173 b

1limitation on the supplementary authority granted by the
2Omnibus Bond Acts, and (iii) that instruments issued under
3this Section within the supplementary authority granted by the
4Omnibus Bond Acts are not invalid because of any provision of
5this Act that may appear to be or to have been more restrictive
6than those Acts.
7    The proceeds of any bonds issued under authority of this
8Section shall be deposited and accounted for separately within
9the Site and Construction/Capital Improvements Fund.
10(Source: P.A. 99-735, eff. 8-5-16.)
 
11    (105 ILCS 5/19-9)  (from Ch. 122, par. 19-9)
12    Sec. 19-9. Resolution to issue bonds - Submission to
13voters. Before any district as described in Section 19-8 shall
14avail itself of the provisions of that section the governing
15body thereof shall examine and consider the several teachers'
16orders or claims or liabilities of a Financial Oversight Panel
17established pursuant to Article 1H of this Code, or any or all
18of these, proposed to be paid and if it appears that they were
19authorized and allowed for proper school purposes it shall
20adopt a resolution so declaring and set forth and describe in
21detail such teachers' orders and claims and liabilities of a
22Financial Oversight Panel established pursuant to Article 1H
23of this Code and the adoption of the resolution shall
24establish the validity thereof, notwithstanding the amount of
25such orders and claims and liabilities of a Financial

 

 

HB5736- 92 -LRB104 21333 TRT 36173 b

1Oversight Panel established pursuant to Article 1H of this
2Code may exceed in whole or in part any applicable statutory
3debt limit in force at the time the indebtedness evidenced by
4such orders and claims and liabilities of a Financial
5Oversight Panel established pursuant to Article 1H of this
6Code was incurred. The resolution shall also declare the
7intention of the district to issue bonds for the purpose of
8paying such teachers' orders or claims or liabilities of a
9Financial Oversight Panel established pursuant to Article 1H
10of this Code, and direct that notice of such intention be
11published at least once in a newspaper published within the
12district and if there be no newspaper published within the
13district then notice shall be published in a newspaper having
14general circulation within the district. The notice shall set
15forth (1) the time within which a petition may be filed
16requesting the submission of the proposition to issue the
17bonds as hereinafter in this Section provided; (2) the
18specific number of voters required to sign the petition; and
19the date of the prospective referendum. The recording officer
20of the district shall provide a petition form to any
21individual requesting one. If within 30 days after such
22publication of such notice a petition is filed with the
23recording officer of the district, signed by the voters of the
24district equal to 10% or more of the registered voters of the
25district requesting that the proposition to issue bonds as
26authorized by Section 19-8 be submitted to the voters thereof,

 

 

HB5736- 93 -LRB104 21333 TRT 36173 b

1then the district shall not be authorized to issue bonds as
2provided by Section 19-8 until the proposition has been
3submitted to and approved by a majority of the voters voting on
4the proposition at a general regular scheduled election. The
5board shall certify the proposition to the proper election
6authorities for submission in accordance with the general
7election law. If no such petition with the requisite number of
8signatures is filed within said 30 days, or if any and all
9petitions filed are invalid, then the district shall
10thereafter be authorized to issue bonds for the purposes and
11as provided in Section 19-8.
12(Source: P.A. 97-429, eff. 8-16-11.)
 
13    (105 ILCS 5/20-7)  (from Ch. 122, par. 20-7)
14    Sec. 20-7. Resolution for issuance of bonds - Submission
15to voters - Ballot. No school district may issue bonds under
16this Article unless it adopts a resolution declaring its
17intention to issue bonds for the purpose therein provided and
18directs that notice of such intention be published at least
19once in a newspaper published and having a general circulation
20in the district, if there be one, but if there is no newspaper
21published in such district then by publishing such notice in a
22newspaper having a general circulation in the district. The
23notice shall set forth (1) the intention of the district to
24issue bonds in accordance with this Article; (2) the time
25within which a petition may be filed requesting the submission

 

 

HB5736- 94 -LRB104 21333 TRT 36173 b

1of the proposition to issue the bonds; (3) the specific number
2of voters required to sign the petition; and (4) the date of
3the prospective referendum. At the time of publication of the
4notice and for 30 days thereafter, the recording officer of
5the district shall provide a petition form to any individual
6requesting one. If within 30 days after the publication a
7petition is filed with the recording officer of the district,
8signed by the voters of the district equal to 10% or more of
9the registered voters of the district requesting that the
10proposition to issue bonds as authorized by this Article be
11submitted to the voters thereof, then the district shall not
12be authorized to issue such bonds until the proposition has
13been certified to the proper election authorities and has been
14submitted to and approved by a majority of the voters voting on
15the proposition at a general regular scheduled election in
16accordance with the general election law. If no such petition
17is so filed, or if any and all petitions filed are invalid, the
18district may issue the bonds. In addition to the requirements
19of the general election law the notice of the election shall
20set forth the intention of the district to issue bonds under
21this Article. The proposition shall be in substantially the
22following form:
23
OFFICIAL BALLOT
24----------------------------------------------
25    Shall the Board of ....
26of School District number ....          YES

 

 

HB5736- 95 -LRB104 21333 TRT 36173 b

1County, Illinois, be authorized
2to issue bonds for a working       --------------------------
3cash fund as provided for
4by Article 20 of the                    NO
5School Code?
6-------------------------------------------------------------
7(Source: P.A. 96-1277, eff. 7-26-10.)
 
8    (105 ILCS 5/32-5.6)  (from Ch. 122, par. 32-5.6)
9    Sec. 32-5.6. Special charter districts with population
10less than 500,000 - Authority to borrow money and issue bonds.
11The corporate authorities of any special charter district
12having a population of less than 500,000 governed by a special
13charter, or special charter and general law, may borrow money
14for the purpose of building schoolhouses, or repairing,
15altering and building additions to any schoolhouse already
16erected, or purchasing schoolhouse sites or purchasing grounds
17adjoining any schoolhouse site, or separated therefrom only by
18a public street or way, and shall also include the purchase of
19school sites outside the boundaries of the school district and
20building school buildings thereon as provided by Sections
2110-22.35 and 10-22.36 of this Act, and may issue its
22negotiable coupon bonds therefor in such form and such
23denominations, payable at such place and at such time or times
24(not exceeding 20 years from date of issuance) and bearing
25interest at such rate as the corporate authorities may by

 

 

HB5736- 96 -LRB104 21333 TRT 36173 b

1resolution prescribe. The bonds shall be in denominations of
2not less than $100 nor more than $5,000, and shall bear
3interest at a rate not to exceed the maximum rate authorized by
4the Bond Authorization Act, as amended at the time of the
5making of the contract, if issued before January 1, 1972 and
6not to exceed the maximum rate authorized by the Bond
7Authorization Act, as amended at the time of the making of the
8contract, if issued after January 1, 1972, payable
9semi-annually. No money may be borrowed or bonds issued,
10however, unless the proposition to borrow money and issue
11bonds for the purpose or purposes and in the amount prescribed
12in the resolution is certified to the proper election
13authorities and submitted to the voters of the school district
14at a general regular scheduled election in accordance with the
15general election law, and the majority of all the votes cast on
16the proposition is in favor thereof. The corporate authorities
17may not incur any indebtedness under this Section, which
18together with all other outstanding indebtedness, exceeds in
19the aggregate the indebtedness limitation under Section 19-1
20of this Act that would be applicable if the district were not a
21special charter district.
22    With respect to instruments for the payment of money
23issued under this Section either before, on, or after the
24effective date of this amendatory Act of 1989, it is and always
25has been the intention of the General Assembly (i) that the
26Omnibus Bond Acts are and always have been supplementary

 

 

HB5736- 97 -LRB104 21333 TRT 36173 b

1grants of power to issue instruments in accordance with the
2Omnibus Bond Acts, regardless of any provision of this Act
3that may appear to be or to have been more restrictive than
4those Acts, (ii) that the provisions of this Section are not a
5limitation on the supplementary authority granted by the
6Omnibus Bond Acts, and (iii) that instruments issued under
7this Section within the supplementary authority granted by the
8Omnibus Bond Acts are not invalid because of any provision of
9this Act that may appear to be or to have been more restrictive
10than those Acts.
11(Source: P.A. 86-4.)
 
12    (105 ILCS 5/34-22.1)  (from Ch. 122, par. 34-22.1)
13    Sec. 34-22.1. Issuance of bonds. For the purpose of
14erecting, purchasing, or otherwise acquiring buildings
15suitable for school houses, erecting temporary school
16structures, erecting additions to, repairing, rehabilitating
17and replacing existing school buildings and temporary school
18structures, and furnishing and equipping school buildings and
19temporary school structures, and purchasing or otherwise
20acquiring and improving sites for such purposes, the board,
21with the consent of the city council expressed by ordinance,
22may incur an indebtedness and issue bonds therefor in an
23amount or amounts not to exceed in the aggregate $50,000,000.
24Provided, however, that not more than 25% of the aggregate
25amount of said bonds shall be issued in any calendar year. The

 

 

HB5736- 98 -LRB104 21333 TRT 36173 b

1bonds shall bear interest at the rate of not more than the
2maximum rate authorized by the Bond Authorization Act, as
3amended at the time of the making of the contract, and shall
4mature within not to exceed 20 years from their date, and may
5be made callable on any interest payment date at par and
6accrued interest, after notice has been given, at the time and
7in the manner provided in the bond resolution.
8    These bonds shall not be issued until the question of
9authorizing such bonds has been submitted to the electors of
10the city constituting said school district at a general
11regular scheduled election in accordance with the general
12election law and approved by a majority of the electors voting
13upon that question.
14    The board shall adopt a resolution providing for
15submitting said question at such an election and certify the
16resolution and the proposition to the proper election
17authorities. In addition to the requirements of the general
18election law the notice of the referendum shall contain the
19amount of the bond issue, maximum rate of interest and purpose
20for which issued.
21    This notice shall be published in accordance with the
22general election law.
23    The proposition shall be in substantially the following
24form:
25--------------------------------------------------------
26    Shall bonds in the amount of

 

 

HB5736- 99 -LRB104 21333 TRT 36173 b

1$..... be issued by the board of
2education of the City of.... for
3the purpose of erecting, purchasing,
4or otherwise acquiring buildings                YES
5suitable for school houses, erecting
6temporary school structures,
7erecting additions to, repairing,
8rehabilitating and replacing existing     -------------------
9school buildings and temporary
10school structures, and furnishing and
11equipping school buildings and
12temporary school structures, and                NO
13purchasing or otherwise acquiring and
14improving sites for such purposes,
15bearing interest at the rate of not
16to exceed the maximum rate authorized
17by the Bond Authorization Act, as amended
18at the time of the making of the contract?
19-------------------------------------------------------------
20    Whenever the board desires to issue bonds as herein
21authorized, it shall adopt a resolution designating the
22purpose for which the proceeds of the bonds are to be expended
23and fixing the amount of the bonds proposed to be issued, the
24maturity thereof, and optional provisions, if any, the rate of
25interest thereon, and the amount of taxes to be levied
26annually for the purpose of paying the interest upon and the

 

 

HB5736- 100 -LRB104 21333 TRT 36173 b

1principal of such bonds.
2    Said bonds shall be issued in the corporate name of the
3school district. They shall be signed by the president and
4secretary of said board and countersigned by the mayor and the
5comptroller (or city clerk if there be no comptroller) of the
6city. They shall be sold upon such terms as may be approved by
7the board by the city comptroller (or city clerk if there be no
8comptroller) after advertisement for bids as ordered by and
9under the direction of the board, and the proceeds thereof
10shall be received by the city treasurer, as school treasurer,
11and expended by the board for the purposes provided in the bond
12resolution.
13    Before or at the time of issuing any bonds herein
14authorized, the city council of such city, upon the demand and
15under the direction of the board shall, by ordinance, provide
16for the levy and collection of a direct annual tax upon all the
17taxable property of such school district sufficient to pay and
18discharge the principal thereof at maturity and to pay the
19interest thereon as it falls due. Such tax shall be levied and
20collected in like manner with the other taxes of such school
21district and shall be in addition to and exclusive of the
22maximum of all other taxes which such board or such city
23council is now, or may hereafter be, authorized by law to levy
24for any and all school purposes. Upon the filing in the office
25of the county clerk of the county wherein such school district
26is located of a duly certified copy of any such ordinance, it

 

 

HB5736- 101 -LRB104 21333 TRT 36173 b

1shall be the duty of such county clerk to extend the tax
2therein provided for, including an amount to cover loss and
3cost of collecting said taxes and also deferred collections
4thereof and abatements in the amounts of such taxes as
5extended upon the collector's books.
6    With respect to instruments for the payment of money
7issued under this Section either before, on, or after the
8effective date of this amendatory Act of 1989, it is and always
9has been the intention of the General Assembly (i) that the
10Omnibus Bond Acts are and always have been supplementary
11grants of power to issue instruments in accordance with the
12Omnibus Bond Acts, regardless of any provision of this Act
13that may appear to be or to have been more restrictive than
14those Acts, (ii) that the provisions of this Section are not a
15limitation on the supplementary authority granted by the
16Omnibus Bond Acts, and (iii) that instruments issued under
17this Section within the supplementary authority granted by the
18Omnibus Bond Acts are not invalid because of any provision of
19this Act that may appear to be or to have been more restrictive
20than those Acts.
21(Source: P.A. 86-4.)
 
22    (105 ILCS 5/34-22.2)  (from Ch. 122, par. 34-22.2)
23    Sec. 34-22.2. Issuance of bonds. For the purpose of
24erecting, purchasing, or otherwise acquiring buildings
25suitable for school houses, erecting temporary school

 

 

HB5736- 102 -LRB104 21333 TRT 36173 b

1structures, erecting additions to, repairing, rehabilitating
2and replacing existing school buildings and temporary school
3structures, and furnishing and equipping school buildings and
4temporary school structures, and purchasing or otherwise
5acquiring and improving sites for such purposes, the board,
6with the consent of the city council expressed by ordinance,
7may incur an indebtedness and issue bonds therefor in an
8amount or amounts not to exceed in the aggregate $50,000,000
9in addition to the bonds authorized under Section 34-22.1. The
10bonds shall bear interest at the rate of not more than the
11maximum rate authorized by the Bond Authorization Act, as
12amended at the time of the making of the contract, and shall
13mature within not to exceed 20 years from their date, and may
14be made callable on any interest payment date at par and
15accrued interest, after notice has been given, at the time and
16in the manner provided in the bond resolution.
17    These bonds shall not be issued until the question of
18authorizing such bonds has been submitted to the electors of
19the city constituting said school district at a general
20regular scheduled election and approved by a majority of the
21electors voting upon that question. The board shall adopt a
22resolution providing for submitting said proposition at such
23an election and certify the resolution and proposition to the
24proper election authorities for submission to the electors in
25accordance with the general election law. In addition to the
26requirements of the general election law the notice of the

 

 

HB5736- 103 -LRB104 21333 TRT 36173 b

1referendum shall contain the amount of the bond issue, maximum
2rate of interest and purpose for which issued.
3    The proposition shall be in substantially the following
4form:
5--------------------------------------------------------
6    Shall bonds in the amount of
7$..... be issued by the board of
8education of the City of.... for the
9purpose of erecting, purchasing,
10or otherwise acquiring buildings                YES
11suitable for school houses, erecting
12temporary school structures,
13erecting additions to, repairing,
14rehabilitating and replacing existing       -----------------
15school buildings and temporary
16school structures, and furnishing and
17equipping school buildings and
18temporary school structures, and                NO
19purchasing or otherwise acquiring and
20improving sites for such purposes,
21bearing interest at the rate of not
22to exceed the maximum rate authorized
23by the Bond Authorization Act, as amended
24at the time of the making of the contract?
25-------------------------------------------------------------
26    Whenever the board desires to issue bonds as herein

 

 

HB5736- 104 -LRB104 21333 TRT 36173 b

1authorized, it shall adopt a resolution designating the
2purpose for which the proceeds of the bonds are to be expended
3and fixing the amount of the bonds proposed to be issued, the
4maturity thereof, and optional provisions, if any, the rate of
5interest thereon, and the amount of taxes to be levied
6annually for the purpose of paying the interest upon and the
7principal of such bonds.
8    Said bonds shall be issued in the corporate name of the
9school district. They shall be signed by the president and
10secretary of said board and countersigned by the mayor and the
11comptroller (or city clerk if there be no comptroller) of the
12city. They shall be sold by the city comptroller (or city clerk
13if there be no comptroller) upon such terms as may be approved
14by the board after advertisement for bids as ordered by and
15under the direction of the board, and the proceeds thereof
16shall be received by the city treasurer, as school treasurer,
17and expended by the board for the purposes provided in the bond
18resolution.
19    Before or at the time of issuing any bonds herein
20authorized, the city council of such city, upon the demand and
21under the direction of the board shall, by ordinance, provide
22for the levy and collection of a direct annual tax upon all the
23taxable property of such school district sufficient to pay and
24discharge the principal thereof at maturity and to pay the
25interest thereon as it falls due. Such tax shall be levied and
26collected in like manner with the other taxes of such school

 

 

HB5736- 105 -LRB104 21333 TRT 36173 b

1district and shall be in addition to an exclusive of the
2maximum of all other taxes which such board or such city
3council is now, or may hereafter be, authorized by law to levy
4for any and all school purposes. Upon the filing in the office
5of the county clerk of the county wherein such school district
6is located of a duly certified copy of any such ordinance, it
7shall be the duty of such county clerk to extend the tax
8therein provided for, including an amount to cover loss and
9cost of collecting said taxes and also deferred collections
10thereof and abatements in the amounts of such taxes as
11extended upon the collector's books.
12    With respect to instruments for the payment of money
13issued under this Section either before, on, or after the
14effective date of this amendatory Act of 1989, it is and always
15has been the intention of the General Assembly (i) that the
16Omnibus Bond Acts are and always have been supplementary
17grants of power to issue instruments in accordance with the
18Omnibus Bond Acts, regardless of any provision of this Act
19that may appear to be or to have been more restrictive than
20those Acts, (ii) that the provisions of this Section are not a
21limitation on the supplementary authority granted by the
22Omnibus Bond Acts, and (iii) that instruments issued under
23this Section within the supplementary authority granted by the
24Omnibus Bond Acts are not invalid because of any provision of
25this Act that may appear to be or to have been more restrictive
26than those Acts.

 

 

HB5736- 106 -LRB104 21333 TRT 36173 b

1(Source: P.A. 86-4.)
 
2    (105 ILCS 5/34-22.3)  (from Ch. 122, par. 34-22.3)
3    Sec. 34-22.3. Issuance of bonds. For the purpose of
4erecting, purchasing, or otherwise acquiring buildings
5suitable for school houses, erecting temporary school
6structures, erecting additions to, repairing, rehabilitating
7and replacing existing school buildings and temporary school
8structures, and furnishing and equipping school buildings and
9temporary school structures, and purchasing or otherwise
10acquiring and improving sites for such purposes, the board,
11with the consent of the city council expressed by ordinance,
12may incur an indebtedness and issue bonds therefor in an
13amount or amounts not to exceed in the aggregate $50,000,000
14in addition to the bonds authorized under Sections 34-22.1 and
1534-22.2. The bonds shall bear interest at the rate of not more
16than the maximum rate authorized by the Bond Authorization
17Act, as amended at the time of the making of the contract, and
18shall mature within not to exceed 20 years from their date, and
19may be made callable on any interest payment date at par and
20accrued interest, after notice has been given, at the time and
21in the manner provided in the bond resolution.
22    These bonds shall not be issued until the question of
23authorizing such bonds has been submitted to the electors of
24the city constituting said school district at a general
25regular scheduled election and approved by a majority of the

 

 

HB5736- 107 -LRB104 21333 TRT 36173 b

1electors voting upon that question.
2    The board shall adopt a resolution providing for
3submitting said question at such an election and shall certify
4the resolution and the proposition to the proper election
5authorities for submission to the electors in accordance with
6the general election law. In addition to the requirements of
7the general election law the notice of the referendum shall
8contain the amount of the bond issue, maximum rate of interest
9and purpose for which issued.
10    The proposition shall be in substantially the following
11form:
12--------------------------------------------------------
13    Shall bonds in the amount of
14$...... be issued by the board of
15education of the City of.... for
16the purpose of erecting, purchasing,
17or otherwise acquiring buildings              YES
18suitable for school houses, erecting
19temporary school structures,
20erecting additions to, repairing,
21rehabilitating and replacing existing     -------------------
22school buildings and temporary
23school structures, and furnishing and
24equipping school buildings and
25temporary school structures, and              NO
26purchasing or otherwise acquiring and

 

 

HB5736- 108 -LRB104 21333 TRT 36173 b

1improving sites for such purposes,
2bearing interest at the rate of not
3to exceed the maximum rate authorized
4by the Bond Authorization Act, as amended
5at the time of the making of the contract?
6-------------------------------------------------------------
7    Whenever the board desires to issue bonds as herein
8authorized, it shall adopt a resolution designating the
9purpose for which the proceeds of the bonds are to be expended
10and fixing the amount of the bonds proposed to be issued, the
11maturity thereof, and optional provisions, if any, the rate of
12interest thereon, and the amount of taxes to be levied
13annually for the purpose of paying the interest upon and the
14principal of such bonds.
15    Said bonds shall be issued in the corporate name of the
16school district. They shall be signed by the president and
17secretary of said board and countersigned by the mayor and the
18comptroller (or city clerk if there be no comptroller) of the
19city. They shall be sold by the city comptroller (or city clerk
20if there be no comptroller) upon such terms as may be approved
21by the board after advertisement for bids as ordered by and
22under the direction of the board, and the proceeds thereof
23shall be received by the city treasurer, as school treasurer,
24and expended by the board for the purposes provided in the bond
25resolution.
26    Before or at the time of issuing any bonds herein

 

 

HB5736- 109 -LRB104 21333 TRT 36173 b

1authorized, the city council of such city, upon the demand and
2under the direction of the board shall, by ordinance, provide
3for the levy and collection of a direct annual tax upon all the
4taxable property of such school district sufficient to pay and
5discharge the principal thereof at maturity and to pay the
6interest thereon as it falls due. Such tax shall be levied and
7collected in like manner with the other taxes of such school
8district and shall be in addition to and exclusive of the
9maximum of all other taxes which such board or such city
10council is now, or may hereafter be, authorized by law to levy
11for any and all school purposes. Upon the filing in the office
12of the county clerk of the county wherein such school district
13is located of a duly certified copy of any such ordinance, it
14shall be the duty of such county clerk to extend the tax
15therein provided for, including an amount to cover loss and
16cost of collecting said taxes and also deferred collections
17thereof and abatements in the amounts of such taxes as
18extended upon the collector's books.
19    With respect to instruments for the payment of money
20issued under this Section either before, on, or after the
21effective date of this amendatory Act of 1989, it is and always
22has been the intention of the General Assembly (i) that the
23Omnibus Bond Acts are and always have been supplementary
24grants of power to issue instruments in accordance with the
25Omnibus Bond Acts, regardless of any provision of this Act
26that may appear to be or to have been more restrictive than

 

 

HB5736- 110 -LRB104 21333 TRT 36173 b

1those Acts, (ii) that the provisions of this Section are not a
2limitation on the supplementary authority granted by the
3Omnibus Bond Acts, and (iii) that instruments issued under
4this Section within the supplementary authority granted by the
5Omnibus Bond Acts are not invalid because of any provision of
6this Act that may appear to be or to have been more restrictive
7than those Acts.
8(Source: P.A. 86-4.)
 
9    (105 ILCS 5/34-22.4)  (from Ch. 122, par. 34-22.4)
10    Sec. 34-22.4. Issuance of bonds. For the purpose of
11erecting, purchasing, or otherwise acquiring buildings
12suitable for school houses, erecting temporary school
13structures, erecting additions to, repairing, rehabilitating,
14modernizing and replacing existing school buildings and
15temporary school structures, and furnishing and equipping
16school buildings and temporary school structures, and
17purchasing or otherwise acquiring and improving sites for such
18purposes, the board, with the consent of the city council
19expressed by ordinance, may incur an indebtedness and issue
20bonds therefor in an amount or amounts not to exceed in the
21aggregate $50,000,000 in addition to the bonds authorized
22under Sections 34-22.1, 34-22.2, and 34-22.3. The bonds shall
23bear interest at the rate of not more than the maximum rate
24authorized by the Bond Authorization Act, as amended at the
25time of the making of the contract, and shall mature within not

 

 

HB5736- 111 -LRB104 21333 TRT 36173 b

1to exceed 20 years from their date, and may be made callable on
2any interest payment date at par and accrued interest, after
3notice has been given, at the time and in the manner provided
4in the bond resolution.
5    These bonds shall not be issued until the question of
6authorizing such bonds has been submitted to the electors of
7the city constituting said school district at a general
8regular scheduled election and approved by a majority of the
9electors voting upon that question.
10    The board shall adopt a resolution providing for
11submitting said question at such an election and shall certify
12the resolution and the proposition to the proper election
13authorities for submission in accordance with the general
14election law. In addition to the requirements of the general
15election law the notice of the referendum shall contain the
16amount of the bond issue, maximum rate of interest and purpose
17for which issued.
18    The proposition shall be in substantially the following
19form:
20--------------------------------------------------------
21    Shall bonds in the amount of
22$...... be issued by the board of
23education of the City of .... for
24the purpose of erecting, purchasing,
25or otherwise acquiring buildings                YES
26suitable for school houses, erecting

 

 

HB5736- 112 -LRB104 21333 TRT 36173 b

1temporary school structures,
2erecting additions to, repairing,
3rehabilitating, modernizing and            ------------------
4replacing existing school buildings
5and temporary school structures,
6and furnishing and equipping school
7buildings and temporary school                   NO
8structures, and purchasing or otherwise
9acquiring and improving sites for
10such purposes, bearing interest at the
11rate of not to exceed the maximum rate
12authorized by the Bond Authorization Act,
13as amended at the time of the making of
14the contract?
15-------------------------------------------------------------
16    Whenever the board desires to issue bonds as herein
17authorized, it shall adopt a resolution designating the
18purpose for which the proceeds of the bonds are to be expended
19and fixing the amount of the bonds proposed to be issued, the
20maturity thereof, and optional provisions, if any, the rate of
21interest thereon, and the amount of taxes to be levied
22annually for the purpose of paying the interest upon and the
23principal of such bonds.
24    Said bonds shall be issued in the corporate name of the
25school district. They shall be signed by the president and
26secretary of said board and countersigned by the mayor and the

 

 

HB5736- 113 -LRB104 21333 TRT 36173 b

1comptroller (or city clerk if there be no comptroller) of the
2city. They shall be sold by the city comptroller (or city clerk
3if there be no comptroller) upon such terms as may be approved
4by the board after advertisement for bids as ordered by and
5under the direction of the board, and the proceeds thereof
6shall be received by the city treasurer, as school treasurer,
7and expended by the board for the purposes provided in the bond
8resolution.
9    Before or at the time of issuing any bonds herein
10authorized, the city council of such city, upon the demand and
11under the direction of the board shall, by ordinance, provide
12for the levy and collection of a direct annual tax upon all the
13taxable property of such school district sufficient to pay and
14discharge the principal thereof at maturity and to pay the
15interest thereon as it falls due. Such tax shall be levied and
16collected in like manner with the other taxes of such school
17district and shall be in addition to and exclusive of the
18maximum of all other taxes which such board of such city
19council is now, or may hereafter be, authorized by law to levy
20for any and all school purposes. Upon the filing in the office
21of the county clerk of the county wherein such school district
22is located of a duly certified copy of any such ordinance, it
23shall be the duty of such county clerk to extend the tax
24therein provided for, including an amount to cover loss and
25cost of collecting said taxes and also deferred collections
26thereof and abatements in the amounts of such taxes as

 

 

HB5736- 114 -LRB104 21333 TRT 36173 b

1extended upon the collector's books. The ordinance shall be in
2force upon its passage.
3    With respect to instruments for the payment of money
4issued under this Section either before, on, or after the
5effective date of this amendatory Act of 1989, it is and always
6has been the intention of the General Assembly (i) that the
7Omnibus Bond Acts are and always have been supplementary
8grants of power to issue instruments in accordance with the
9Omnibus Bond Acts, regardless of any provision of this Act
10that may appear to be or to have been more restrictive than
11those Acts, (ii) that the provisions of this Section are not a
12limitation on the supplementary authority granted by the
13Omnibus Bond Acts, and (iii) that instruments issued under
14this Section within the supplementary authority granted by the
15Omnibus Bond Acts are not invalid because of any provision of
16this Act that may appear to be or to have been more restrictive
17than those Acts.
18(Source: P.A. 86-4.)
 
19    (105 ILCS 5/34-22.5)  (from Ch. 122, par. 34-22.5)
20    Sec. 34-22.5. Issuance of bonds. For the purpose of
21erecting, purchasing, or otherwise acquiring buildings
22suitable for school houses, erecting temporary school
23structures, erecting additions to, repairing, rehabilitating,
24modernizing and replacing existing school buildings and
25temporary school structures, and furnishing and equipping

 

 

HB5736- 115 -LRB104 21333 TRT 36173 b

1school buildings and temporary school structures, and
2purchasing or otherwise acquiring and improving sites for such
3purposes, the board, with the consent of the city council
4expressed by ordinance, may incur an indebtedness and issue
5bonds therefor in an amount or amounts not to exceed in the
6aggregate Twenty-five Million Dollars ($25,000,000) in
7addition to the bonds authorized under Sections 34-22.1,
834-22.2, 34-22.3, and 34-22.4. The bonds shall bear interest
9at the rate of not more than the maximum rate authorized by the
10Bond Authorization Act, as amended at the time of the making of
11the contract, and shall mature within not to exceed twenty
12years from their date, and may be made callable on any interest
13payment date at par and accrued interest, after notice has
14been given, at the time and in the manner provided in the bond
15resolution.
16    These bonds shall not be issued until the question of
17authorizing such bonds has been submitted to the electors of
18the city constituting said school district at a general
19regular scheduled election and approved by a majority of the
20electors voting upon that question.
21    The board shall adopt a resolution providing for
22submitting said proposition at such an election and certify
23the resolution and the proposition to the proper election
24authorities for submission in accordance with the general
25election law. In addition to the requirements of the general
26election law the notice of the referendum shall contain the

 

 

HB5736- 116 -LRB104 21333 TRT 36173 b

1amount of the bond issue, maximum rate of interest and purpose
2for which issued.
3    The proposition shall be in substantially the following
4form:
5--------------------------------------------------------
6    Shall bonds in the amount of
7$...... be issued by the board of
8education of the City of.... for
9the purpose of erecting, purchasing,
10or otherwise acquiring buildings                YES
11suitable for school houses, erecting
12temporary school structures,
13erecting additions to, repairing,
14rehabilitating, modernizing and             -----------------
15replacing existing school buildings
16and temporary school structures,
17and furnishing and equipping school
18buildings and temporary school                  NO
19structures, and purchasing or otherwise
20acquiring and improving sites for such
21purposes, bearing interest at the
22rate of not to exceed the maximum rate
23authorized by the Bond Authorization Act,
24as amended at the time of the making of
25the contract?
26-------------------------------------------------------------

 

 

HB5736- 117 -LRB104 21333 TRT 36173 b

1    Whenever the board desires to issue bonds as herein
2authorized, it shall adopt a resolution designating the
3purpose for which the proceeds of the bonds are to be expended
4and fixing the amount of the bonds proposed to be issued, the
5maturity thereof, and optional provisions, if any, the rate of
6interest thereon, and the amount of taxes to be levied
7annually for the purpose of paying the interest upon and the
8principal of such bonds.
9    Said bonds shall be issued in the corporate name of the
10school district. They shall be signed by the president and
11secretary of said board and countersigned by the mayor and the
12comptroller (or city clerk if there be no comptroller) of the
13city. They shall be sold by the city comptroller (or city clerk
14if there be no comptroller) upon such terms as may be approved
15by the board after advertisement for bids as ordered by and
16under the direction of the board, and the proceeds thereof
17shall be received by the city treasurer, as school treasurer,
18and expended by the board for the purposes provided in the bond
19resolution.
20    Before or at the time of issuing any bonds herein
21authorized, the city council of such city, upon the demand and
22under the direction of the board shall, by ordinance, provide
23for the levy and collection of a direct annual tax upon all the
24taxable property of such school district sufficient to pay and
25discharge the principal thereof at maturity and to pay the
26interest thereon as it falls due. Such tax shall be levied and

 

 

HB5736- 118 -LRB104 21333 TRT 36173 b

1collected in like manner with the other taxes of such school
2district and shall be in addition to and exclusive of the
3maximum of all other taxes which such board or such city
4council is now, or may hereafter be, authorized by law to levy
5for any and all school purposes. Upon the filing in the office
6of the county clerk of the county wherein such school district
7is located of a duly certified copy of any such ordinance, it
8shall be the duty of such county clerk to extend the tax
9therein provided for, including an amount to cover loss and
10cost of collecting said taxes and also deferred collections
11thereof and abatements in the amounts of such taxes as
12extended upon the collector's books. The ordinance shall be in
13force upon its passage.
14    With respect to instruments for the payment of money
15issued under this Section either before, on, or after the
16effective date of this amendatory Act of 1989, it is and always
17has been the intention of the General Assembly (i) that the
18Omnibus Bond Acts are and always have been supplementary
19grants of power to issue instruments in accordance with the
20Omnibus Bond Acts, regardless of any provision of this Act
21that may appear to be or to have been more restrictive than
22those Acts, (ii) that the provisions of this Section are not a
23limitation on the supplementary authority granted by the
24Omnibus Bond Acts, and (iii) that instruments issued under
25this Section within the supplementary authority granted by the
26Omnibus Bond Acts are not invalid because of any provision of

 

 

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1this Act that may appear to be or to have been more restrictive
2than those Acts.
3(Source: P.A. 86-4.)
 
4    Section 30. The Public Community College Act is amended by
5changing Section 3A-1 as follows:
 
6    (110 ILCS 805/3A-1)  (from Ch. 122, par. 103A-1)
7    Sec. 3A-1. Any community college district may borrow money
8for the purpose of building, equipping, altering or repairing
9community college buildings or purchasing or improving
10community college sites, or acquiring and equipping recreation
11grounds, athletic fields, and other buildings or land used or
12useful for community college purposes or for the purpose of
13purchasing a site, with or without a building or buildings
14thereon, or for the building of a house or houses on such site,
15or for the building of a house or houses on the site of the
16community college district, for residential purposes of the
17administrators or faculty of the community college district,
18and issue its negotiable coupon bonds therefor signed by the
19chairman and secretary of the board, in denominations of not
20less than $100 nor more than $5,000, payable at such place and
21at such time or times, not exceeding 20 years from date of
22issuance, as the board may prescribe, and bearing interest at
23a rate not to exceed the maximum rate authorized by the Bond
24Authorization Act, as amended at the time of the making of the

 

 

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1contract, payable annually, semiannually or quarterly, but no
2such bonds shall be issued unless the proposition to issue
3them is submitted to the voters of the community college
4district at a general regular scheduled election in such
5district and the board shall certify the proposition to the
6proper election authorities for submission in accordance with
7the general election law and a majority of all the votes cast
8on the proposition is in favor of the proposition, nor shall
9any residential site be acquired unless such proposition to
10acquire a site is submitted to the voters of the district at a
11general regular scheduled election and the board shall certify
12the proposition to the proper election authorities for
13submission to the electors in accordance with the general
14election law and a majority of all the votes cast on the
15proposition is in favor of the proposition. Nothing in this
16Act shall be construed as to require the listing of maturity
17dates of any bonds either in the notice of bond election or
18ballot used in the bond election.
19    Bonds issued in accordance with this Section for Elgin
20Community College District No. 509 may be payable at such time
21or times, not exceeding 25 years from date of issuance, as the
22board may prescribe, if the following conditions are met:
23        (i) The voters of the district approve a proposition
24    for the bond issuance at an election held in 2009.
25        (ii) Prior to the issuance of the bonds, the board
26    determines, by resolution, that the projects built,

 

 

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1    acquired, altered, renovated, repaired, purchased,
2    improved, installed, or equipped with the proceeds of the
3    bonds are required as a result of a projected increase in
4    the enrollment of students in the district, to meet demand
5    in the fields of health care or public safety, to meet
6    accreditation standards, or to maintain campus safety and
7    security.
8        (iii) The bonds are issued, in one or more bond
9    issuances, on or before April 7, 2014.
10        (iv) The proceeds of the bonds are used to accomplish
11    only those purposes approved by the voters at an election
12    held in 2009.
13    Bonds issued in accordance with this Section for
14Kishwaukee Community College District No. 523 may be payable
15at such time or times, not exceeding 25 years from date of
16issuance, as the board may prescribe, if the following
17conditions are met:
18            (i) The voters of the district approve a
19        proposition for the bond issuance at an election held
20        in 2010 or 2011.
21            (ii) Prior to the issuance of the bonds, the board
22        determines, by resolution, that the projects built,
23        acquired, altered, renovated, repaired, purchased,
24        improved, installed, or equipped with the proceeds of
25        the bonds are required as a result of a projected
26        increase in the enrollment of students in the

 

 

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1        district, to meet demand in the fields of health care
2        or public safety, to meet accreditation standards, or
3        to maintain campus safety and security.
4            (iii) The bonds are issued, in one or more bond
5        issuances, on or before November 2, 2015.
6            (iv) The proceeds of the bonds are used to
7        accomplish only those purposes approved by the voters
8        at an election held in 2010 or 2011.
9    With respect to instruments for the payment of money
10issued under this Section either before, on, or after the
11effective date of this amendatory Act of 1989, it is and always
12has been the intention of the General Assembly (i) that the
13Omnibus Bond Acts are and always have been supplementary
14grants of power to issue instruments in accordance with the
15Omnibus Bond Acts, regardless of any provision of this Act
16that may appear to be or to have been more restrictive than
17those Acts, (ii) that the provisions of this Section are not a
18limitation on the supplementary authority granted by the
19Omnibus Bond Acts, and (iii) that instruments issued under
20this Section within the supplementary authority granted by the
21Omnibus Bond Acts are not invalid because of any provision of
22this Act that may appear to be or to have been more restrictive
23than those Acts.
24(Source: P.A. 96-787, eff. 8-28-09; 96-1077, eff. 7-16-10;
2597-813, eff. 7-13-12.)