Loading chat...
IL SB2693
Bill
Status
1/13/2015
Primary Sponsor
Toi Hutchinson
Click for details
AI Summary
-
Amends the Cook County Forest Preserve District Act to increase the land acquisition threshold requiring voter approval from 75,000 acres to 90,000 acres.
-
District may not incur indebtedness for land acquisition exceeding 90,000 acres (including all previously acquired lands) without first obtaining voter certification and approval through an election.
-
Maintains existing requirements that propositions for indebtedness be certified to election officials and submitted to district voters for approval by majority vote.
-
Board must provide by ordinance for annual tax collection sufficient to pay bond interest and principal, with bonds divided into series maturing within 5 to 30 years.
-
Act takes effect immediately upon becoming law.
Legislative Description
COOK CTY FOREST PRESERVE-ACRE
Last Action
Session Sine Die
1/13/2015