Illinois Chapter 70 Special Districts
70 ILCS 835/ Forest Preserve Zoological Parks Act.Code Resources
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(70 ILCS 835/0.01) (from Ch. 96 1/2, par. 6800)
Sec. 0.01.
Short title.
This Act may be cited as the
Forest Preserve Zoological Parks Act.
(Source: P.A. 86‑1324.)
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(70 ILCS 835/1.1) (from Ch. 96 1/2, par. 6801.1)
Sec. 1.1.
Purchases made pursuant to this Act shall be made in
compliance with the "Local Government Prompt Payment Act", approved by the
Eighty‑fourth General Assembly.
(Source: P.A. 84‑731.)
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(70 ILCS 835/2) (from Ch. 96 1/2, par. 6802)
Sec. 2.
For the purpose of constructing and maintaining and caring
for any such zoological park and the buildings and grounds thereof and
of securing and displaying zoological collections thereon the corporate
authorities of any forest preserve district containing a population of
150,000 or more but less than 3,000,000 are authorized to levy annually
a tax of not to exceed .0058% of value as equalized or assessed by the
Department of Revenue, upon all the taxable property in the district;
provided however, in a forest preserve district located in a county with a
population in excess of 140,000 but less than 200,000 and
contiguous to the
Mississippi River, the annual tax may be at a rate not to exceed .01%.
This tax shall be levied and collected in the same manner
as the general taxes of the forest preserve district and shall be in
addition to the maximum of all other taxes and tax rates which the
district is now or may hereafter be authorized to levy upon the
aggregate valuation of all taxable property within the district and
shall be exclusive of and in addition to the maximum amount and rate of
taxes the district is now or may hereafter be authorized to levy for
general purposes under Section 13 of "An Act to provide for the creation
and management of forest preserve districts and repealing certain Acts
therein named", approved June 27, 1913, as amended, or under any other
law which may limit the amount of tax which the district may levy for
general purposes. The proceeds of the tax herein authorized shall be kept
as a separate fund.
(Source: P.A. 92‑548, eff. 6‑24‑02.)
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(70 ILCS 835/4) (from Ch. 96 1/2, par. 6804)
Sec. 4.
For the purpose of making capital improvements in connection with a
zoological park established under this Act, the corporate authorities of
the forest preserve district in which such park is maintained may incur an
indebtedness and issue bonds therefor in amounts not exceeding in the
aggregate $15,640,000. Such bonds shall bear interest at a rate of not more
than the maximum rate authorized by the Bond Authorization Act, as amended
at the time of the making of the contract, if issued prior to January
1, 1972, and at the
rate of not more
than the maximum rate authorized by the Bond Authorization Act, as amended
at the time of the making of the contract, if issued after January
1, 1972, per annum
and shall mature within
20 years from the date thereof. The resolution authorizing this issuance of
bonds may be made effective without the submission thereof to the voters of
the district for approval.
All moneys received from the issuance of bonds as provided in this
Section shall be set apart in a separate fund by the district treasurer and
shall be used only for the purposes set forth in this Section.
The corporate authorities of such district shall provide for the levy of
a direct annual tax upon all the taxable property in such district,
sufficient to pay and discharge the principal of such bonds at maturity and
to pay the interest thereon as it falls due. This tax shall be levied and
collected in like manner with the general taxes of the forest preserve
district and shall be in addition to the maximum of all other taxes and tax
rates which the district is or may be authorized to levy.
With respect to instruments for the payment of money issued under this
Section either before, on, or after the effective date of this amendatory
Act of 1989, it is and always has been the intention of the General
Assembly (i) that the Omnibus Bond Acts are and always have been
supplementary grants of power to issue instruments in accordance with the
Omnibus Bond Acts, regardless of any provision of this Act that may appear
to be or to have been more restrictive than those Acts, (ii) that the
provisions of this Section are not a limitation on the supplementary
authority granted by the Omnibus Bond Acts, and (iii) that instruments
issued under this Section within the supplementary authority granted
by the Omnibus Bond Acts are not invalid because of any provision of
this Act that may appear to be or to have been more restrictive than
those Acts.
(Source: P.A. 86‑4.)
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