(65 ILCS 5/11-128-6)
(from Ch. 24, par. 11-128-6)
The specified bonds shall be substantially in the following
The city (or village) of ...., county of ...., State of Illinois, for
value received hereby promises to pay the bearer .... hundred dollars,
lawful money of the United States of America, on the .... day of .... A.D.
...., together with interest thereon at the rate of ....% annually, payable
annually (or semi-annually) on the .... day of ...., ..... Both principal
and interest are payable at the .....
This bond is one of a series of bonds amounting to .... dollars, issued
under an ordinance of the city (or village) of .... and is payable solely
out of funds derived from a special tax levy and the net revenue of the
waterworks of the city (or village) of .... and out of no other funds. The
construction, purchase, or enlargement of the waterworks and levy of the
tax were authorized at an election legally called and held on the .... day
of ...., ..... And it is asserted that all acts, conditions, and things
precedent to and in the issuance of this bond have occurred and have been
performed in regular and due form as required by law.
In testimony whereof the corporate authorities have caused this bond to
be signed by the mayor (or president) and countersigned by the clerk, and
have caused the seal of the city (or village) to be affixed this .... day
of ...., ....
Coupons representing the interest shall be attached to the bond, and
they may be signed or bear the lithographed signature of the clerk of the
city or village.
(Source: Laws 1961, p. 576.)