(75 ILCS 16/20-30)
Sec. 20-30.
Existing bond issue or special tax levy.
(a) An existing bond issue shall not be affected by a
merger of districts, but shall
continue in full force and effect, and a special tax supporting the
existing bond issue
shall continue to be levied upon the residents of the district originally
approving the bond issue.
(b) The merger shall not
affect the levy of any other special
tax under Article 35. The levy shall continue
in full force and effect, and the special taxes shall continue to be levied
upon the residents of the district originally authorizing the special
taxes.
(c) Residents
of the other district or districts involved in the merger shall not be
specially taxed in these instances unless the special taxes
are first approved
by the voters in the same manner as in the case of the original voter approval,
as provided in Article 35.
(Source: P.A. 87-1277.)
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