(65 ILCS 5/11-145-1) (from Ch. 24, par. 11-145-1)
Sec. 11-145-1.
Any municipality which issues revenue bonds for the
construction, acquisition, improvement, extension or operation of a
sewerage system under the provisions of this Code and establishes rates,
charges or rents for the use of such sewerage system based upon the
volume of water delivered through a waterworks system not owned by such
municipality, may enter into a contract with the owner or operator of
such waterworks system to act as collector of such rates, rents or
charges for the use of such sewerage system and to pay over such
revenues to such municipality as provided by this section. Such contract
may authorize and require such owner or operator of the waterworks
system, as agent for the municipality, to do all things relating to the
collection of such rates, rents or charges as the municipality could do
if it were making such collections directly and may allow such
compensation to such collector for acting as such, not to exceed 6% of
the total amount collected, as may be agreed upon by the contracting
parties, such compensation to be deducted from such collections and the
balance to be paid over to such municipality.
(Source: Laws 1961, p. 576.)
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