(70 ILCS 200/20-45)
Sec. 20-45.
Tax.
If a majority of the voters of the metropolitan area approve
the issuance of bonds as provided in Sections 20-30 and 20-35, the
Authority shall have power to levy and collect annually a sum sufficient
to pay for the annual principal and interest charges on such bonds.
Such taxes proposed by the Authority to be levied upon the taxable property
within the metropolitan area shall be levied by ordinance. After the ordinance
has been adopted it shall, within 10 days after its passage, be published
once in a newspaper published and having a general circulation within the
metropolitan area. A certified copy of such levy ordinance shall be filed
with the county clerk no later than the 3rd Tuesday in September in each
year. Thereupon the county clerk shall extend such tax.
(Source: P.A. 90-328, eff. 1-1-98.)
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