55 ILCS 5/6-5009

Current through Public Act 103-593
Section 55 ILCS 5/6-5009 - Sinking fund

The resolution may provide for the creation of a sinking fund to consist of the proceeds of the taxes levied for the payment of the principal and interest upon these bonds. This fund shall be faithfully applied to the purchase or payment of the bonds, and the interest thereon, issued pursuant to the provisions of Sections 6-5006 through 6-5010.

55 ILCS 5/6-5009

P.A. 86-962.