SB 374 — MWRD-WATER QUALITY PROJECTS

SB0374 EngrossedEnrolled LRB095 04914 HLH 24980 b AN ACT concerning local government.

"Expenditure" shall mean the amount of obligations incurred either paid or to be paid from the appropriations for the budget year for all purposes, including current expenses, SB0374 EngrossedEnrolled - 2 - LRB095 04914 HLH 24980 b retirement of debt, and capital outlays.

e., testing service, hospital service, towel and laundry service, within the class titled "Impersonal Services." "Object" of expenditure shall mean specific articles, or SB0374 EngrossedEnrolled - 3 - LRB095 04914 HLH 24980 b classes of things for which an expenditure is made, i.

"Construction Purposes" shall mean the replacement, remodeling, completion, alteration, construction, and enlargement, including alterations, enlargements and replacements which will add appreciably to the value, utility, or the useful life of sewage treatment works or flood control SB0374 EngrossedEnrolled - 4 - LRB095 04914 HLH 24980 b facilities or water quality improvement projects, and additions therefor, pumping stations, tunnels, conduits and intercepting sewers connecting therewith, and outlet sewers together with the equipment and appurtenances necessary thereto, and for the acquisition of the sites and rights of way necessary thereto, and for engineering expenses for designing and supervising the construction of the works above described, and for removal of the rock ledge in the bed of the Des Plaines River (Illinois Waterway) through the City of Joliet.

It is the intent and purpose of this Act to provide a legal basis which will authorize and require all Sanitary Districts organized under the provisions hereof to make and execute the SB0374 EngrossedEnrolled - 5 - LRB095 04914 HLH 24980 b budgets of their Corporate Funds and Construction Funds in such manner that the budgets may be planned and balanced with receipts on an actual cash basis and expenditures on an accrual basis, and all definitions, terms, provisions and procedures set forth in this Act shall be thus construed as applied to corporate funds and construction funds.

The corporate authorities of a sanitary district, in order to provide funds required for the replacing, remodeling, completing, altering, constructing and enlarging of sewage treatment works, water quality improvement projects, or flood control facilities, and additions therefor, pumping stations, tunnels, conduits, intercepting sewers and outlet sewers, together with the equipment, including air pollution equipment, and appurtenances thereto, to acquire property, real, personal or mixed, necessary for said purposes, for costs and expenses for the acquisition of the sites and rights-of-way necessary thereto, and for engineering expenses for designing and supervising the construction of such works, may issue on or before December 31, 2016, in addition to all other obligations heretofore or herein authorized, bonds, notes or other evidences of indebtedness for such purposes in an aggregate amount at any one time outstanding not to exceed 3.35% of the equalized assessed valuation of all taxable property within the SB0374 EngrossedEnrolled - 6 - LRB095 04914 HLH 24980 b sanitary district, to be ascertained by the last assessment for State and local taxes previous to the issuance of any such obligations.

Each ordinance authorizing the issuance of the obligations shall state the general purpose or SB0374 EngrossedEnrolled - 7 - LRB095 04914 HLH 24980 b purposes for which they are to be issued, and the corporate authorities may at any time thereafter pass supplemental appropriations ordinances appropriating the proceeds from the sale of such obligations for such purposes.