(50 ILCS 515/40)
Sec. 40.
Available funds.
A unit of local government may use funds
designated for operating or capital expenditures for any guaranteed energy
savings contract, including purchases using installment payment contracts or
lease purchase agreements. A unit of local government that enters into such a
contract or agreement may covenant in the contract or agreement that
payments made under the contract shall be payable from the first funds legally
available in each fiscal year.
(Source: P.A. 88-173.)
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