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95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4283
Introduced , by Rep. Thomas Holbrook SYNOPSIS AS INTRODUCED:
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Amends the Township Code. Provides that certain bond proceeds shall be expended under the direction of the board of trustees of the township (instead of the highway commissioners of the township). Provides that the board of trustees of the township (instead of the highway commissioners of the township) may designate certain parcels of land to be used for the purchase of parks. Effective immediately.
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A BILL FOR
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HB4283 |
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LRB095 15307 HLH 41295 b |
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| AN ACT concerning local government.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Township Code is amended by changing Section |
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| 125-20 as follows:
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| (60 ILCS 1/125-20)
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| Sec. 125-20. Use of bond proceeds. The proceeds of the |
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| bonds shall be
received and held by the township supervisor but |
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| shall be expended under the
direction and upon the warrant of a |
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| majority of the members of the board of trustees highway |
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| commissioners of
the township. If, however, at the time the |
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| proceeds are received there is a
board of park commissioners |
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| invested by law with control over any park that
lies wholly or |
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| in part in the township, the proceeds of the bonds shall be
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| expended upon the warrants of a majority of the board of park |
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| commissioners.
The board of trustees highway commissioners or |
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| board of park commissioners may designate the
parcel or parcels |
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| of land or property to be utilized for the purchase of the
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| parks and may determine the character, time, and manner of |
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| improving,
developing, maintaining, and adorning the parcel or |
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| parcels.
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| (Source: Laws 1915, p. 722; P.A. 88-62.)
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