65 ILCS 5/ Illinois Municipal Code.

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65 ILCS 5/11-66-5

(65 ILCS 5/11-66-5) (from Ch. 24, par. 11-66-5)

Sec. 11-66-5.

Whenever a specified municipality decides to establish and
maintain a municipal coliseum, the mayor or president of the municipality,
with the approval of the corporate authorities, shall appoint a board of 3
directors. None of the directors shall hold any other office with the
government of the municipality, and all of them shall be citizens of the
municipality and chosen with reference to their special fitness for the
office. The first board of directors shall hold office, one for one year,
one for 2 years, and the third for 3 years, from and after the first day of
July following their appointment. At their first regular meeting after
their appointment they shall cast lots for the respective terms. Annually
thereafter, before the first of July of each year, the mayor or president
shall appoint one director to take the place of the retiring director.
These subsequent appointees shall hold office for a period of 3 years. All
directors shall hold office until their respective successors are
appointed. The mayor or president, with the approval of the corporate
authorities, may remove any director for misconduct in office or neglect of
duty. Vacancies in the board of directors, however occasioned, shall be
filled for the remainder of the unexpired term in like manner as original
appointments.

No director at any time, either directly or indirectly, shall be
interested in any contract with the board or in the purchase or sale of any
supplies or materials used in the building or maintenance of the municipal
coliseum. No director shall receive compensation for his services as
director.

(Source: Laws 1961, p. 576.)

65 ILCS 5/11-66-6

(65 ILCS 5/11-66-6) (from Ch. 24, par. 11-66-6)

Sec. 11-66-6.

These directors shall meet immediately after their
appointment and organize by the election of one of their members as
president and one as secretary. The president and secretary shall have the
duties usually performed by such officers of similar boards. After the
organization the board of directors shall make and adopt such by-laws,
rules, and regulations for their own guidance, for the transaction of the
business of the board, and for the management of the municipal coliseum as
they may deem expedient. These by-laws, rules and regulations shall not be
inconsistent with this Division 66. Subject to the approval of the
corporate authorities, the board of directors may build, erect, construct,
and equip a municipal coliseum for the uses designated in this Division 66,
and may purchase or lease such real estate, and perform all such acts as
may be reasonably necessary to accomplish that purpose. The board shall
have exclusive care, custody, and management of the municipal coliseum
after it is constructed, and the exclusive control of the expenditure of
all money collected to the credit of the municipal coliseum fund. No money
shall be drawn by the board from the municipal treasurer, except upon order
of the board and upon checks or vouchers drawn upon the municipal
treasurer, and signed by the president and secretary of the board.

(Source: Laws 1961, p. 576.)

65 ILCS 5/11-66-7

(65 ILCS 5/11-66-7) (from Ch. 24, par. 11-66-7)

Sec. 11-66-7.

Subject to the approval of the corporate authorities, the
board of directors, for the purpose of assisting in establishing a
municipal coliseum, has the power to borrow money on the coliseum property,
and to issue bonds secured by mortgage or deed of trust on that property.
These bonds shall mature on or before 20 years from the date of their
issuance, and shall draw interest at a rate of not to exceed the maximum
rate authorized by the Bond Authorization Act, as amended at the time of
the making of the contract, payable semi-annually. The board may negotiate
and sell these bonds at not less than par and accrued interest. These bonds
and all interest coupons attached thereto may be executed by the board, and
the mortgage or deed of trust securing them shall be executed by the
municipality through its proper officers. All proceeds arising from these
bonds shall be paid to the municipal treasurer, and by him deposited to the
credit of the municipal coliseum fund, and the proceeds shall be used only
for the establishment of such a municipal coliseum. Out of the annual tax
levy the board of directors shall provide a sinking fund for the retirement
of these bonds when they become due.

With respect to instruments for the payment of money issued under this
Section either before, on, or after the effective date of this amendatory
Act of 1989, it is and always has been the intention of the General
Assembly (i) that the Omnibus Bond Acts are and always have been
supplementary grants of power to issue instruments in accordance with the
Omnibus Bond Acts, regardless of any provision of this Act that may appear
to be or to have been more restrictive than those Acts, (ii) that the
provisions of this Section are not a limitation on the supplementary
authority granted by the Omnibus Bond Acts, and (iii) that instruments
issued under this Section within the supplementary authority granted by the
Omnibus Bond Acts are not invalid because of any provision of this Act that
may appear to be or to have been more restrictive than those Acts.
Any bonds issued under this Section as limited bonds as defined in Section 3
of
the Local Government Debt Reform Act shall comply with the requirements of the
Bond Issue Notification Act.

The amendatory Acts of 1971, 1972 and 1973 are not a limit upon any
municipality which is a home rule unit.

(Source: P.A. 89-655, eff. 1-1-97.)

65 ILCS 5/11-66-8

(65 ILCS 5/11-66-8) (from Ch. 24, par. 11-66-8)

Sec. 11-66-8.

The board of directors of a municipal coliseum shall make a
full report of receipts and expenditures to the corporate authorities
annually on or before July first of each year, and annually, prior to the
passage of the annual appropriation ordinance and tax levy ordinance by the
corporate authorities, shall report and certify to the corporate
authorities the amount of money appropriated by them for the ensuing year,
and the items thereof, and the amount of money necessary to be raised by
taxation for the maintenance of the municipal coliseum.

(Source: Laws 1961, p. 576.)

65 ILCS 5/11-66-9

(65 ILCS 5/11-66-9) (from Ch. 24, par. 11-66-9)

Sec. 11-66-9.

Every municipal coliseum shall be for the free use and
benefit of the inhabitants of the municipality wherein the coliseum is
established, for lectures, concerts, public assemblies, other general
educational purposes, and for the purpose of maintaining free amusements
and entertainments. All of these uses shall be subject to such reasonable
rules and regulations as the board of directors may adopt in order to
render the use of the property of the greatest benefit to the greatest
number. The board of directors has the power to temporarily lease the
coliseum, when not in use for public purposes, for any reasonable and
legitimate private use, on such terms as they may prescribe. When so
temporarily leased, an admission fee may be charged by the lessees. All
rentals received shall be paid to the municipal treasurer, and by him
deposited to the credit of the municipal coliseum fund.

(Source: Laws 1961, p. 576.)

65 ILCS 5/11-66-10

(65 ILCS 5/11-66-10) (from Ch. 24, par. 11-66-10)

Sec. 11-66-10.

The board of directors, with the approval of the corporate
authorities may acquire a site for a municipal coliseum by condemnation in
the name of the municipality. Any proceeding to condemn for this purpose
shall be maintained and conducted in the manner provided for the exercise
of the right of eminent domain under the Eminent Domain Act.

(Source: P.A. 94-1055, eff. 1-1-07.)

65 ILCS 5/11-66-11

(65 ILCS 5/11-66-11) (from Ch. 24, par. 11-66-11)

Sec. 11-66-11.

All municipal coliseums established and maintained under "An
Act to enable cities and villages having a population not to exceed five
hundred thousand (500,000), to establish and maintain public and municipal
coliseums," approved June 27, 1913, as amended, which were in existence
immediately prior to January 1, 1942, shall be treated as properly
established under this Division 66 and may be continued to be maintained
under this Division 66. All cities and villages whose electors have
approved the levy of an annual tax for a public municipal coliseum under
that Act may continue to levy the tax under this Division 66 without
submitting the question of its levy to the electors for approval.

(Source: Laws 1961, p. 576.)

65 ILCS 5/Art. 11 Div. 67

(65 ILCS 5/Art. 11 Div. 67 heading) DIVISION 67.

COLISEUMS IN MUNICIPALITIES OF

75,000 OR LESS