Public Act 0759 95TH GENERAL ASSEMBLY

HB4283 Enrolled LRB095 15307 HLH 41295 b

Public Act 095-0759

AN ACT concerning local government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Township Code is amended by changing Section 125-20 as follows:

(60 ILCS 1/125-20)

Sec. 125-20. Use of bond proceeds. The proceeds of the bonds shall be received and held by the township supervisor but shall be expended under the direction and upon the warrant of a majority of the members of the board of trustees highway commissioners of the township. However, a majority of the members of the board of trustees may designate that the bond proceeds be expended under the direction and upon the warrant of the highway commissioner if the highway commissioner provides written consent to that action. If, however, at the time the proceeds are received there is a board of park commissioners invested by law with control over any park that lies wholly or in part in the township, the proceeds of the bonds shall be expended upon the warrants of a majority of the board of park commissioners. The board of trustees, highway commissioner commissioners or board of park commissioners may designate the parcel or parcels of land or property to be utilized for the purchase of the parks and may determine the character, time, and manner of improving, developing, maintaining, and adorning the parcel or parcels.

(Source: Laws 1915, p. 722; P.A. 88-62.)

Section 99. Effective date. This Act takes effect upon becoming law.

Effective Date: 7/28/2008