(70 ILCS 2405/16.11) (from Ch. 42, par. 315.11)
Sec. 16.11.
Whenever a district owns and operates a waterworks, whether
purchased or constructed under this Act, and desires to construct
improvements or extensions thereto, it may issue revenue bonds under this
Act to pay for that construction. The procedure for that issuance,
including the fixing of rates and the computation of the amount thereof,
shall be the same as is provided in this Act for the issuance of bonds for
the purchase or construction of a waterworks by a sanitary district.
(Source: Laws 1967, p. 950.)
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