(70 ILCS 1805/15) (from Ch. 19, par. 615)
Sec. 15.
All such bonds and certificates shall be payable solely from
the revenues or income to be derived from terminals, terminal facilities
or port and transportation facilities or any part thereof, may bear such
date or dates, may mature at such time or times not exceeding 40 years
from their respective dates, may bear interest at such rate or rates
payable semi-annually, may be in such form, may carry such registration
privileges, may be executed in such manner, may be payable at such place
or places, may be made subject to redemption in such manner and upon
such terms, with or without premium as is stated on the face thereof, may
be authenticated in such manner and may contain such terms and
covenants, all as are provided by ordinance of the Port District.
(Source: Laws 1967, p. 3589.)
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