Public Act 095-0759
 
HB4283 Enrolled LRB095 15307 HLH 41295 b

    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