55 ILCS 5/ Counties Code.

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(55 ILCS 5/) Counties Code.

(55 ILCS 5/Div. 5-16 heading) Division 5-16.

Sanitary Districts

(55 ILCS 5/5-16001) (from Ch. 34, par. 5-16001)

Sec. 5-16001.

Sewerage service contracts with counties.

Any
sanitary district organized and created under the laws of the
State of Illinois having a population of less than 500,000 and lying wholly
or partly within the boundaries of any county which accepts the provisions
of Division 5-15, as heretofore or hereafter amended, may contract
with such county for sewerage service to or for the benefit of the
inhabitants of the sanitary district. Any such contract may provide for the
periodic payment to the county of a share of the amounts necessary to pay
or provide for the expenses of operation and maintenance of the sewerage
system (including insurance) of the county, to pay the principal of and
interest on any revenue bonds issued by the county hereunder, and to
provide an adequate depreciation fund and to maintain other reserves and
sinking funds for the payment of the bonds or the extension or improvement
of the sewage facilities of the county.

Any such contract may be entered into without making a previous
appropriation for the expense thereby incurred. Any such contract may be
for a term not in excess of 20 years, if the contract is a general
obligation of the sanitary district, or for a term not in excess of 40
years, if the obligation under the contract is payable solely from the
revenues derived by the sanitary district from its sewerage system.

If the contract is payable solely from the revenues derived by the
sanitary district from its sewerage system, the amounts due under the
contract shall be deemed an expense of operating and maintaining the
sewerage system of the sanitary district.

(Source: P.A. 86-962.)