70 ILCS 2605/9d

Current through Public Act 103-1052
Section 70 ILCS 2605/9d - Sales of bonds-Terms and conditions

All bonds, notes or other evidences of indebtedness issued pursuant to this Act shall be sold at such price and upon such terms as determined by the Board of Commissioners and which will not cause the net effective interest rate to be paid by the sanitary district to exceed that permitted by "An Act to authorize public corporations to issue bonds, other evidences of indebtedness and tax anticipation warrants subject to interest rate limitations set forth therein", approved May 26, 1970, as now or hereafter amended.

70 ILCS 2605/9d

P.A. 84-208.