(65 ILCS 5/9-3-31) (from Ch. 24, par. 9-3-31)
Sec. 9-3-31.
The construction of such improvement in accordance with the
provisions of the contract shall be under the supervision of the committee
on local improvements, and from time to time, as the work under any
contract for the improvement progresses, certificates may be issued by the
committee on local improvements to the contractor for work completed and
payments may be made to the contractor in amounts not to exceed 85% of the
work constructed and completed by vouchers payable either in cash or bonds
that may be issued, as in this Division 3 provided, upon completion of the
work. All such vouchers shall be signed by the presiding officer of the
municipality, attested by the clerk and registered, numbered and
countersigned by the treasurer. The treasurer shall keep an accurate
register of all such vouchers issued.
(Source: Laws 1961, p. 576.)
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