HB4283eng 95TH GENERAL ASSEMBLY



 


 
HB4283 Engrossed LRB095 15307 HLH 41295 b

1     AN ACT concerning local government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Township Code is amended by changing Section
5 125-20 as follows:
 
6     (60 ILCS 1/125-20)
7     Sec. 125-20. Use of bond proceeds. The proceeds of the
8 bonds shall be received and held by the township supervisor but
9 shall be expended under the direction and upon the warrant of a
10 majority of the members of the board of trustees highway
11 commissioners of the township. However, a majority of the
12 members of the board of trustees may designate that the bond
13 proceeds be expended under the direction and upon the warrant
14 of the highway commissioner if the highway commissioner
15 provides written consent to that action. If, however, at the
16 time the proceeds are received there is a board of park
17 commissioners invested by law with control over any park that
18 lies wholly or in part in the township, the proceeds of the
19 bonds shall be expended upon the warrants of a majority of the
20 board of park commissioners. The board of trustees, highway
21 commissioner commissioners or board of park commissioners may
22 designate the parcel or parcels of land or property to be
23 utilized for the purchase of the parks and may determine the

 

 

HB4283 Engrossed - 2 - LRB095 15307 HLH 41295 b

1 character, time, and manner of improving, developing,
2 maintaining, and adorning the parcel or parcels.
3 (Source: Laws 1915, p. 722; P.A. 88-62.)
 
4     Section 99. Effective date. This Act takes effect upon
5 becoming law.