(70 ILCS 1805/18) (from Ch. 19, par. 618)
Sec. 18.
Before the issuance of any bonds or certificates as herein
provided, the Board shall fix and establish rates, charges and fees for the
use of facilities acquired, constructed, reconstructed, extended or
improved with the proceeds derived from the sale of such bonds, sufficient
at all times with all other revenues of the district, to pay: (a) the cost
of maintaining, repairing, regulating and operation of the facilities; and
(b) the bonds or certificates and interest thereon as they shall become
due; and (c) all sinking fund and other requirements provided by the
ordinance authorizing the issuance of the bonds or certificates or as
provided by any trust agreement executed to secure payment thereof.
(Source: Laws 1967, p. 3589.)
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