55 ILCS 5/ Counties Code.

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55 ILCS 5/6-3007

(55 ILCS 5/6-3007) (from Ch. 34, par. 6-3007)

Sec. 6-3007.

Publication of resolution.

After
the resolution of the county board providing for the
issuance of bonds has been adopted, it shall be published in one or more
newspapers of general circulation in the county, once each week for three
weeks.  If there is no newspaper of general circulation in the county, then
copies of the resolution shall be posted in at least five of the most
public places in the county seat of the county.  The publication or posting
of the resolution shall include a notice of (1) the specific number of
voters required to sign a petition requesting that the question of the
adoption of the resolution be submitted to the voters of the county; (2)
the time in which the petition must be filed; and (3) the date of the
prospective referendum.  The county clerk shall provide a petition form to
any individual requesting one.

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

55 ILCS 5/6-3008

(55 ILCS 5/6-3008) (from Ch. 34, par. 6-3008)

Sec. 6-3008.

Tax levy.

The resolution authorizing the bonds
shall also provide for the levy and collection of a direct annual tax upon
all taxable property in the county sufficient to pay the principal of the
bonds at maturity, the interest on the bonds as it falls due, and the cost
of operations and maintenance of the facility.  Such tax shall not exceed
.07% of the value of the property as equalized or assessed by the
Department of Revenue, but shall not be subject to any other statutory
limitations relative to taxes which may be extended for county purposes,
and shall not be subject to the limitations provided in Section 5-1020.

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

55 ILCS 5/6-3009

(55 ILCS 5/6-3009) (from Ch. 34, par. 6-3009)

Sec. 6-3009.

Execution and terms of bonds.

The bonds shall be
executed by such officials as may be provided in the resolution authorizing
the issue.  The bonds may be made registerable as to principal and may be made
callable on any interest payment date at par and accrued interest after notice
has been given at the time and in the manner provided in the resolution.  The
bonds shall remain valid even though one or more of the officers executing
the bonds ceases to hold office before the bonds are delivered.

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

55 ILCS 5/6-3010

(55 ILCS 5/6-3010) (from Ch. 34, par. 6-3010)

Sec. 6-3010.

Sinking fund.

The resolution of the county board may
provide for the creation of a sinking fund to consist of the proceeds of
the taxes levied for the payment of the principal and interest upon these
bonds.  The fund shall be faithfully applied to the purchase or payment of
the bonds, and the interest thereon, issued pursuant to the provisions of
this Division.

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