(65 ILCS 5/11-117-3) (from Ch. 24, par. 11-117-3)
Sec. 11-117-3.
No municipality shall proceed to acquire or construct
any public utility under the provisions of this Division 117 until an
ordinance of the corporate authorities providing therefor has been duly
passed. This ordinance shall set forth the action proposed, shall
describe the plant, equipment, and property proposed to be acquired or
constructed, and shall provide for the issuance of bonds, mortgage
certificates, or special assessment bonds, as authorized in this
Division 117.
This ordinance shall not become effective until the question of its
adoption is submitted to a referendum vote of the electors of the
municipality. The municipal clerk shall certify the question for submission
to the vote of the electors of the
municipality upon an initiating ordinance adopted by the corporate authorities.
The question
shall be in substantially the following form:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Shall the ordinance (stating YES the nature of the proposed - - - - - - - - - - - - - - - - - - - - - - - - - - -
ordinance) be adopted? NO - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
If a majority of the electors voting on the question of the adoption
of the proposed ordinance vote in favor thereof, the ordinance shall
thereupon become a valid and binding ordinance of the municipality.
Prior to the referendum upon this ordinance, the municipal clerk shall
have the ordinance published at least once in one or more newspapers
published in the municipality, or, if no newspaper is published therein,
then in one or more newspapers with a general circulation within the
municipality. This publication shall be not more than 30 nor less than
15 days in advance of the election.
(Source: P.A. 81-1489 .)
|