(70 ILCS 1870/15) (from Ch. 19, par. 765)
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
semiannually, 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: P.A. 77-82.)
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