(65 ILCS 5/11-74-11) (from Ch. 24, par. 11-74-11)
Sec. 11-74-11.
The corporate authorities of a municipality issuing bonds pursuant to
this Division 74 shall prescribe and collect revenues with respect to an industrial
project and shall revise such from time to time whenever necessary so
that such revenues are always
sufficient to pay when due all bonds and interest thereon for the
payment of which such revenues are pledged, including reserves therefor.
(Source: P.A. 81-1376.)
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