093_SB1205enr
SB1205 Enrolled LRB093 07261 MKM 07419 b
1 AN ACT concerning municipalities.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Municipal Code is amended by
5 adding Sections 8-9-4 and 8-10-26 as follows:
6 (65 ILCS 5/8-9-4 new)
7 Sec. 8-9-4. Long-term contracts. Any municipality may
8 enter into a long-term energy contract, even if the length of
9 the contract would exceed the term of office of the corporate
10 authorities that approved the contract.
11 (65 ILCS 5/8-10-26 new)
12 Sec. 8-10-26. Long-term contracts. Any municipality may
13 enter into a long-term energy contract, even if the length of
14 the contract would exceed the term of office of the corporate
15 authorities that approved the contract.