(50 ILCS 445/10) (from Ch. 85, par. 880)
Sec. 10.
The governing body of an authority that issues bonds pursuant to
this Act shall establish and collect revenues for industrial
projects and
shall revise the revenues when necessary to insure that
the income from the revenues is always sufficient to pay the principal
and interest on all bonds
when due. The income from the revenues shall be pledged to this purpose,
including the maintenance of adequate reserves.
(Source: P.A. 82-686.)
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