(70 ILCS 1870/18) (from Ch. 19, par. 768)
Sec. 18.
Before the issuance of any bonds or certificates, the Board shall fix
and establish rates, charges and fees for the use of facilities acquired,
constructed, reconstructed, extended or improved with the proceeds derived
from the sale of such bonds, sufficient at all times with all other
revenues of the district, to pay: (a) the cost of maintaining, repairing,
regulating and operation of the facilities; and (b) the bonds or
certificates and interest thereon as they shall become due; and (c) all
sinking fund and other requirements provided by the ordinance authorizing
the issuance of the bonds or certificates or as provided by any trust
agreement executed to secure payment thereof.
(Source: P.A. 77-82.)
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