(60 ILCS 1/205-130)
Sec. 205-130.
Service to particular locality outside current system; bonds.
(a) A township (i) may construct or acquire a waterworks system or
sewerage system, or a combined waterworks and sewerage system, serving a
particular locality in the township or (ii) may extend or improve an existing
waterworks system or sewerage system, or combined waterworks and sewerage
system, for the purpose of serving a particular locality within the township
not previously served by its existing waterworks system or sewerage system
or combined waterworks and sewerage system.
(b) The township may pay the cost of the construction, acquisition,
extension, or improvement by the issuance and sale of revenue bonds of the
township, payable solely from the revenue derived from the operation of the
entire waterworks system or systems or sewerage system or systems or combined
waterworks and sewerage system or systems of the township. Except as they are
inconsistent with this Section, Sections 205-5 through 205-125 govern all
matters connected with a project under this Section.
(Source: P.A. 76-1360; 88-62.)
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