Bill Text: IL SB1305 | 2021-2022 | 102nd General Assembly | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Reinserts the engrossed bill with the following changes. Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Iroquois County Community Unit School District 9 may issue bonds with an aggregate principal amount not to exceed $17,125,000 and Field Community Consolidated School District 3 may issue bonds with an aggregate principal amount not to exceed $2,600,000 if certain conditions are met, including (1) that the voters of the district approve a proposition for the bond issuance at an election held on or after April 6, 2021 and (2) that, prior to the issuance of the bonds, the school board determines, by resolution, that it is necessary to make site improvements and other changes because of the age and condition of the district's existing school facilities. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and that the bonds must mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary. Effective immediately.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Passed) 2021-08-06 - Public Act . . . . . . . . . 102-0316 [SB1305 Detail]
Download: Illinois-2021-SB1305-Enrolled.html
Bill Title: Reinserts the engrossed bill with the following changes. Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Iroquois County Community Unit School District 9 may issue bonds with an aggregate principal amount not to exceed $17,125,000 and Field Community Consolidated School District 3 may issue bonds with an aggregate principal amount not to exceed $2,600,000 if certain conditions are met, including (1) that the voters of the district approve a proposition for the bond issuance at an election held on or after April 6, 2021 and (2) that, prior to the issuance of the bonds, the school board determines, by resolution, that it is necessary to make site improvements and other changes because of the age and condition of the district's existing school facilities. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation and that the bonds must mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary. Effective immediately.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Passed) 2021-08-06 - Public Act . . . . . . . . . 102-0316 [SB1305 Detail]
Download: Illinois-2021-SB1305-Enrolled.html
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1 | AN ACT concerning education.
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2 | Be it enacted by the People of the State of Illinois, | ||||||
3 | represented in the General Assembly:
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4 | Section 5. The School Code is amended by changing Section | ||||||
5 | 19-1 as follows:
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6 | (105 ILCS 5/19-1)
| ||||||
7 | Sec. 19-1. Debt limitations of school districts.
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8 | (a) School districts shall not be subject to the | ||||||
9 | provisions limiting their
indebtedness prescribed in the Local | ||||||
10 | Government Debt Limitation Act.
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11 | No school districts maintaining grades K through 8 or 9 | ||||||
12 | through 12
shall become indebted in any manner or for any | ||||||
13 | purpose to an amount,
including existing indebtedness, in the | ||||||
14 | aggregate exceeding 6.9% on the
value of the taxable property | ||||||
15 | therein to be ascertained by the last assessment
for State and | ||||||
16 | county taxes or, until January 1, 1983, if greater, the sum | ||||||
17 | that
is produced by multiplying the school district's 1978 | ||||||
18 | equalized assessed
valuation by the debt limitation percentage | ||||||
19 | in effect on January 1, 1979,
previous to the incurring of such | ||||||
20 | indebtedness.
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21 | No school districts maintaining grades K through 12 shall | ||||||
22 | become
indebted in any manner or for any purpose to an amount, | ||||||
23 | including
existing indebtedness, in the aggregate exceeding |
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1 | 13.8% on the value of
the taxable property therein to be | ||||||
2 | ascertained by the last assessment
for State and county taxes | ||||||
3 | or, until January 1, 1983, if greater, the sum that
is produced | ||||||
4 | by multiplying the school district's 1978 equalized assessed
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5 | valuation by the debt limitation percentage in effect on | ||||||
6 | January 1, 1979,
previous to the incurring of such | ||||||
7 | indebtedness.
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8 | No partial elementary unit district, as defined in Article | ||||||
9 | 11E of this Code, shall become indebted in any manner or for | ||||||
10 | any purpose in an amount, including existing indebtedness, in | ||||||
11 | the aggregate exceeding 6.9% of the value of the taxable | ||||||
12 | property of the entire district, to be ascertained by the last | ||||||
13 | assessment for State and county taxes, plus an amount, | ||||||
14 | including existing indebtedness, in the aggregate exceeding | ||||||
15 | 6.9% of the value of the taxable property of that portion of | ||||||
16 | the district included in the elementary and high school | ||||||
17 | classification, to be ascertained by the last assessment for | ||||||
18 | State and county taxes. Moreover, no partial elementary unit | ||||||
19 | district, as defined in Article 11E of this Code, shall become | ||||||
20 | indebted on account of bonds issued by the district for high | ||||||
21 | school purposes in the aggregate exceeding 6.9% of the value | ||||||
22 | of the taxable property of the entire district, to be | ||||||
23 | ascertained by the last assessment for State and county taxes, | ||||||
24 | nor shall the district become indebted on account of bonds | ||||||
25 | issued by the district for elementary purposes in the | ||||||
26 | aggregate exceeding 6.9% of the value of the taxable property |
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1 | for that portion of the district included in the elementary | ||||||
2 | and high school classification, to be ascertained by the last | ||||||
3 | assessment for State and county taxes.
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4 | Notwithstanding the provisions of any other law to the | ||||||
5 | contrary, in any
case in which the voters of a school district | ||||||
6 | have approved a proposition
for the issuance of bonds of such | ||||||
7 | school district at an election held prior
to January 1, 1979, | ||||||
8 | and all of the bonds approved at such election have
not been | ||||||
9 | issued, the debt limitation applicable to such school district
| ||||||
10 | during the calendar year 1979 shall be computed by multiplying | ||||||
11 | the value
of taxable property therein, including personal | ||||||
12 | property, as ascertained
by the last assessment for State and | ||||||
13 | county taxes, previous to the incurring
of such indebtedness, | ||||||
14 | by the percentage limitation applicable to such school
| ||||||
15 | district under the provisions of this subsection (a).
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16 | (a-5) After January 1, 2018, no school district may issue | ||||||
17 | bonds under Sections 19-2 through 19-7 of this Code and rely on | ||||||
18 | an exception to the debt limitations in this Section unless it | ||||||
19 | has complied with the requirements of Section 21 of the Bond | ||||||
20 | Issue Notification Act and the bonds have been approved by | ||||||
21 | referendum. | ||||||
22 | (b) Notwithstanding the debt limitation prescribed in | ||||||
23 | subsection (a)
of this Section, additional indebtedness may be | ||||||
24 | incurred in an amount
not to exceed the estimated cost of | ||||||
25 | acquiring or improving school sites
or constructing and | ||||||
26 | equipping additional building facilities under the
following |
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1 | conditions:
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2 | (1) Whenever the enrollment of students for the next | ||||||
3 | school year is
estimated by the board of education to | ||||||
4 | increase over the actual present
enrollment by not less | ||||||
5 | than 35% or by not less than 200 students or the
actual | ||||||
6 | present enrollment of students has increased over the | ||||||
7 | previous
school year by not less than 35% or by not less | ||||||
8 | than 200 students and
the board of education determines | ||||||
9 | that additional school sites or
building facilities are | ||||||
10 | required as a result of such increase in
enrollment; and
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11 | (2) When the Regional Superintendent of Schools having | ||||||
12 | jurisdiction
over the school district and the State | ||||||
13 | Superintendent of Education
concur in such enrollment | ||||||
14 | projection or increase and approve the need
for such | ||||||
15 | additional school sites or building facilities and the
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16 | estimated cost thereof; and
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17 | (3) When the voters in the school district approve a | ||||||
18 | proposition for
the issuance of bonds for the purpose of | ||||||
19 | acquiring or improving such
needed school sites or | ||||||
20 | constructing and equipping such needed additional
building | ||||||
21 | facilities at an election called and held for that | ||||||
22 | purpose.
Notice of such an election shall state that the | ||||||
23 | amount of indebtedness
proposed to be incurred would | ||||||
24 | exceed the debt limitation otherwise
applicable to the | ||||||
25 | school district. The ballot for such proposition
shall | ||||||
26 | state what percentage of the equalized assessed valuation |
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1 | will be
outstanding in bonds if the proposed issuance of | ||||||
2 | bonds is approved by
the voters; or
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3 | (4) Notwithstanding the provisions of paragraphs (1) | ||||||
4 | through (3) of
this subsection (b), if the school board | ||||||
5 | determines that additional
facilities are needed to | ||||||
6 | provide a quality educational program and not
less than | ||||||
7 | 2/3 of those voting in an election called by the school | ||||||
8 | board
on the question approve the issuance of bonds for | ||||||
9 | the construction of
such facilities, the school district | ||||||
10 | may issue bonds for this
purpose; or
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11 | (5) Notwithstanding the provisions of paragraphs (1) | ||||||
12 | through (3) of this
subsection (b), if (i) the school | ||||||
13 | district has previously availed itself of the
provisions | ||||||
14 | of paragraph (4) of this subsection (b) to enable it to | ||||||
15 | issue bonds,
(ii) the voters of the school district have | ||||||
16 | not defeated a proposition for the
issuance of bonds since | ||||||
17 | the referendum described in paragraph (4) of this
| ||||||
18 | subsection (b) was held, (iii) the school board determines | ||||||
19 | that additional
facilities are needed to provide a quality | ||||||
20 | educational program, and (iv) a
majority of those voting | ||||||
21 | in an election called by the school board on the
question | ||||||
22 | approve the issuance of bonds for the construction of such | ||||||
23 | facilities,
the school district may issue bonds for this | ||||||
24 | purpose.
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25 | In no event shall the indebtedness incurred pursuant to | ||||||
26 | this
subsection (b) and the existing indebtedness of the |
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1 | school district
exceed 15% of the value of the taxable | ||||||
2 | property therein to be
ascertained by the last assessment for | ||||||
3 | State and county taxes, previous
to the incurring of such | ||||||
4 | indebtedness or, until January 1, 1983, if greater,
the sum | ||||||
5 | that is produced by multiplying the school district's 1978 | ||||||
6 | equalized
assessed valuation by the debt limitation percentage | ||||||
7 | in effect on January 1,
1979.
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8 | The indebtedness provided for by this subsection (b) shall | ||||||
9 | be in
addition to and in excess of any other debt limitation.
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10 | (c) Notwithstanding the debt limitation prescribed in | ||||||
11 | subsection (a)
of this Section, in any case in which a public | ||||||
12 | question for the issuance
of bonds of a proposed school | ||||||
13 | district maintaining grades kindergarten
through 12 received | ||||||
14 | at least 60% of the valid ballots cast on the question at
an | ||||||
15 | election held on or prior to November 8, 1994, and in which the | ||||||
16 | bonds
approved at such election have not been issued, the | ||||||
17 | school district pursuant to
the requirements of Section 11A-10 | ||||||
18 | (now repealed) may issue the total amount of bonds approved
at | ||||||
19 | such election for the purpose stated in the question.
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20 | (d) Notwithstanding the debt limitation prescribed in | ||||||
21 | subsection (a)
of this Section, a school district that meets | ||||||
22 | all the criteria set forth in
paragraphs (1) and (2) of this | ||||||
23 | subsection (d) may incur an additional
indebtedness in an | ||||||
24 | amount not to exceed $4,500,000, even though the amount of
the | ||||||
25 | additional indebtedness authorized by this subsection (d), | ||||||
26 | when incurred
and added to the aggregate amount of |
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1 | indebtedness of the district existing
immediately prior to the | ||||||
2 | district incurring the additional indebtedness
authorized by | ||||||
3 | this subsection (d), causes the aggregate indebtedness of the
| ||||||
4 | district to exceed the debt limitation otherwise applicable to | ||||||
5 | that district
under subsection (a):
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6 | (1) The additional indebtedness authorized by this | ||||||
7 | subsection (d) is
incurred by the school district through | ||||||
8 | the issuance of bonds under and in
accordance with Section | ||||||
9 | 17-2.11a for the purpose of replacing a school
building | ||||||
10 | which, because of mine subsidence damage, has been closed | ||||||
11 | as provided
in paragraph (2) of this subsection (d) or | ||||||
12 | through the issuance of bonds under
and in accordance with | ||||||
13 | Section 19-3 for the purpose of increasing the size of,
or | ||||||
14 | providing for additional functions in, such replacement | ||||||
15 | school buildings, or
both such purposes.
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16 | (2) The bonds issued by the school district as | ||||||
17 | provided in paragraph (1)
above are issued for the | ||||||
18 | purposes of construction by the school district of
a new | ||||||
19 | school building pursuant to Section 17-2.11, to replace an | ||||||
20 | existing
school building that, because of mine subsidence | ||||||
21 | damage, is closed as of the
end of the 1992-93 school year | ||||||
22 | pursuant to action of the regional
superintendent of | ||||||
23 | schools of the educational service region in which the
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24 | district is located under Section 3-14.22 or are issued | ||||||
25 | for the purpose of
increasing the size of, or providing | ||||||
26 | for additional functions in, the new
school building being |
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1 | constructed to replace a school building closed as the
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2 | result of mine subsidence damage, or both such purposes.
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3 | (e) (Blank).
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4 | (f) Notwithstanding the provisions of subsection (a) of | ||||||
5 | this Section or of
any other law, bonds in not to exceed the | ||||||
6 | aggregate amount of $5,500,000 and
issued by a school district | ||||||
7 | meeting the following criteria shall not be
considered | ||||||
8 | indebtedness for purposes of any statutory limitation and may | ||||||
9 | be
issued in an amount or amounts, including existing | ||||||
10 | indebtedness, in excess of
any heretofore or hereafter imposed | ||||||
11 | statutory limitation as to indebtedness:
| ||||||
12 | (1) At the time of the sale of such bonds, the board of | ||||||
13 | education of the
district shall have determined by | ||||||
14 | resolution that the enrollment of students in
the district | ||||||
15 | is projected to increase by not less than 7% during each of | ||||||
16 | the
next succeeding 2 school years.
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17 | (2) The board of education shall also determine by | ||||||
18 | resolution that the
improvements to be financed with the | ||||||
19 | proceeds of the bonds are needed because
of the projected | ||||||
20 | enrollment increases.
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21 | (3) The board of education shall also determine by | ||||||
22 | resolution that the
projected increases in enrollment are | ||||||
23 | the result of improvements made or
expected to be made to | ||||||
24 | passenger rail facilities located in the school
district.
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25 | Notwithstanding the provisions of subsection (a) of this | ||||||
26 | Section or of any other law, a school district that has availed |
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1 | itself of the provisions of this subsection (f) prior to July | ||||||
2 | 22, 2004 (the effective date of Public Act 93-799) may also | ||||||
3 | issue bonds approved by referendum up to an amount, including | ||||||
4 | existing indebtedness, not exceeding 25% of the equalized | ||||||
5 | assessed value of the taxable property in the district if all | ||||||
6 | of the conditions set forth in items (1), (2), and (3) of this | ||||||
7 | subsection (f) are met.
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8 | (g) Notwithstanding the provisions of subsection (a) of | ||||||
9 | this Section or any
other law, bonds in not to exceed an | ||||||
10 | aggregate amount of 25% of the equalized
assessed value of the | ||||||
11 | taxable property of a school district and issued by a
school | ||||||
12 | district meeting the criteria in paragraphs (i) through (iv) | ||||||
13 | of this
subsection shall not be considered indebtedness for | ||||||
14 | purposes of any statutory
limitation and may be issued | ||||||
15 | pursuant to resolution of the school board in an
amount or | ||||||
16 | amounts, including existing indebtedness, in
excess of any | ||||||
17 | statutory limitation of indebtedness heretofore or hereafter
| ||||||
18 | imposed:
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19 | (i) The bonds are issued for the purpose of | ||||||
20 | constructing a new high school
building to replace two | ||||||
21 | adjacent existing buildings which together house a
single | ||||||
22 | high school, each of which is more than 65 years old, and | ||||||
23 | which together
are located on more than 10 acres and less | ||||||
24 | than 11 acres of property.
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25 | (ii) At the time the resolution authorizing the | ||||||
26 | issuance of the bonds is
adopted, the cost of constructing |
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1 | a new school building to replace the existing
school | ||||||
2 | building is less than 60% of the cost of repairing the | ||||||
3 | existing school
building.
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4 | (iii) The sale of the bonds occurs before July 1, | ||||||
5 | 1997.
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6 | (iv) The school district issuing the bonds is a unit | ||||||
7 | school district
located in a county of less than 70,000 | ||||||
8 | and more than 50,000 inhabitants,
which has an average | ||||||
9 | daily attendance of less than 1,500 and an equalized
| ||||||
10 | assessed valuation of less than $29,000,000.
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11 | (h) Notwithstanding any other provisions of this Section | ||||||
12 | or the
provisions of any other law, until January 1, 1998, a | ||||||
13 | community unit school
district maintaining grades K through 12 | ||||||
14 | may issue bonds up to an amount,
including existing | ||||||
15 | indebtedness, not exceeding 27.6% of the equalized assessed
| ||||||
16 | value of the taxable property in the district, if all of the | ||||||
17 | following
conditions are met:
| ||||||
18 | (i) The school district has an equalized assessed | ||||||
19 | valuation for calendar
year 1995 of less than $24,000,000;
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20 | (ii) The bonds are issued for the capital improvement, | ||||||
21 | renovation,
rehabilitation, or replacement of existing | ||||||
22 | school buildings of the district,
all of which buildings | ||||||
23 | were originally constructed not less than 40 years ago;
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24 | (iii) The voters of the district approve a proposition | ||||||
25 | for the issuance of
the bonds at a referendum held after | ||||||
26 | March 19, 1996; and
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1 | (iv) The bonds are issued pursuant to Sections 19-2 | ||||||
2 | through 19-7 of this
Code.
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3 | (i) Notwithstanding any other provisions of this Section | ||||||
4 | or the provisions
of any other law, until January 1, 1998, a | ||||||
5 | community unit school district
maintaining grades K through 12 | ||||||
6 | may issue bonds up to an amount, including
existing | ||||||
7 | indebtedness, not exceeding 27% of the equalized assessed | ||||||
8 | value of the
taxable property in the district, if all of the | ||||||
9 | following conditions are met:
| ||||||
10 | (i) The school district has an equalized assessed | ||||||
11 | valuation for calendar
year 1995 of less than $44,600,000;
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12 | (ii) The bonds are issued for the capital improvement, | ||||||
13 | renovation,
rehabilitation, or replacement
of existing | ||||||
14 | school buildings of the district, all of which
existing | ||||||
15 | buildings were originally constructed not less than 80 | ||||||
16 | years ago;
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17 | (iii) The voters of the district approve a proposition | ||||||
18 | for the issuance of
the bonds at a referendum held after | ||||||
19 | December 31, 1996; and
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20 | (iv) The bonds are issued pursuant to Sections 19-2 | ||||||
21 | through 19-7 of this
Code.
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22 | (j) Notwithstanding any other provisions of this Section | ||||||
23 | or the
provisions of any other law, until January 1, 1999, a | ||||||
24 | community unit school
district maintaining grades K through 12 | ||||||
25 | may issue bonds up to an amount,
including existing | ||||||
26 | indebtedness, not exceeding 27% of the equalized assessed
|
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| |||||||
1 | value of the taxable property in the district if all of the | ||||||
2 | following
conditions are met:
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3 | (i) The school district has an equalized assessed | ||||||
4 | valuation for calendar
year 1995 of less than $140,000,000 | ||||||
5 | and a best 3 months
average daily
attendance for the | ||||||
6 | 1995-96 school year of at least 2,800;
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7 | (ii) The bonds are issued to purchase a site and build | ||||||
8 | and equip a new
high school, and the school district's | ||||||
9 | existing high school was originally
constructed not less | ||||||
10 | than 35
years prior to the sale of the bonds;
| ||||||
11 | (iii) At the time of the sale of the bonds, the board | ||||||
12 | of education
determines
by resolution that a new high | ||||||
13 | school is needed because of projected enrollment
| ||||||
14 | increases;
| ||||||
15 | (iv) At least 60% of those voting in an election held
| ||||||
16 | after December 31, 1996 approve a proposition
for the | ||||||
17 | issuance of
the bonds; and
| ||||||
18 | (v) The bonds are issued pursuant to Sections 19-2 | ||||||
19 | through
19-7 of this Code.
| ||||||
20 | (k) Notwithstanding the debt limitation prescribed in | ||||||
21 | subsection (a) of
this Section, a school district that meets | ||||||
22 | all the criteria set forth in
paragraphs (1) through (4) of | ||||||
23 | this subsection (k) may issue bonds to incur an
additional | ||||||
24 | indebtedness in an amount not to exceed $4,000,000 even though | ||||||
25 | the
amount of the additional indebtedness authorized by this | ||||||
26 | subsection (k), when
incurred and added to the aggregate |
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| |||||||
1 | amount of indebtedness of the school
district existing | ||||||
2 | immediately prior to the school district incurring such
| ||||||
3 | additional indebtedness, causes the aggregate indebtedness of | ||||||
4 | the school
district to exceed or increases the amount by which | ||||||
5 | the aggregate indebtedness
of the district already exceeds the | ||||||
6 | debt limitation otherwise applicable to
that school district | ||||||
7 | under subsection (a):
| ||||||
8 | (1) the school district is located in 2 counties, and | ||||||
9 | a referendum to
authorize the additional indebtedness was | ||||||
10 | approved by a majority of the voters
of the school | ||||||
11 | district voting on the proposition to authorize that
| ||||||
12 | indebtedness;
| ||||||
13 | (2) the additional indebtedness is for the purpose of | ||||||
14 | financing a
multi-purpose room addition to the existing | ||||||
15 | high school;
| ||||||
16 | (3) the additional indebtedness, together with the | ||||||
17 | existing indebtedness
of the school district, shall not | ||||||
18 | exceed 17.4% of the value of the taxable
property in the | ||||||
19 | school district, to be ascertained by the last assessment | ||||||
20 | for
State and county taxes; and
| ||||||
21 | (4) the bonds evidencing the additional indebtedness | ||||||
22 | are issued, if at
all, within 120 days of August 14, 1998 | ||||||
23 | (the effective date of Public Act 90-757).
| ||||||
24 | (l) Notwithstanding any other provisions of this Section | ||||||
25 | or the
provisions of any other law, until January 1, 2000, a | ||||||
26 | school district
maintaining grades kindergarten through 8 may |
| |||||||
| |||||||
1 | issue bonds up to an amount,
including existing indebtedness, | ||||||
2 | not exceeding 15% of the equalized assessed
value of the | ||||||
3 | taxable property in the district if all of the following
| ||||||
4 | conditions are met:
| ||||||
5 | (i) the district has an equalized assessed valuation | ||||||
6 | for calendar year
1996 of less than $10,000,000;
| ||||||
7 | (ii) the bonds are issued for capital improvement, | ||||||
8 | renovation,
rehabilitation, or replacement of one or more | ||||||
9 | school buildings of the district,
which buildings were | ||||||
10 | originally constructed not less than 70 years ago;
| ||||||
11 | (iii) the voters of the district approve a proposition | ||||||
12 | for the issuance of
the bonds at a referendum held on or | ||||||
13 | after March 17, 1998; and
| ||||||
14 | (iv) the bonds are issued pursuant to Sections 19-2 | ||||||
15 | through 19-7 of this
Code.
| ||||||
16 | (m) Notwithstanding any other provisions of this Section | ||||||
17 | or the provisions
of
any other law, until January 1, 1999, an | ||||||
18 | elementary school district maintaining
grades K through 8 may | ||||||
19 | issue bonds up to an amount, excluding existing
indebtedness, | ||||||
20 | not exceeding 18% of the equalized assessed value of the | ||||||
21 | taxable
property in the district, if all of the following | ||||||
22 | conditions are met:
| ||||||
23 | (i) The school district has an equalized assessed | ||||||
24 | valuation for calendar
year 1995 or less than $7,700,000;
| ||||||
25 | (ii) The school district operates 2 elementary | ||||||
26 | attendance centers that
until
1976 were operated as the |
| |||||||
| |||||||
1 | attendance centers of 2 separate and distinct school
| ||||||
2 | districts;
| ||||||
3 | (iii) The bonds are issued for the construction of a | ||||||
4 | new elementary school
building to replace an existing | ||||||
5 | multi-level elementary school building of the
school | ||||||
6 | district that is not accessible at all levels and parts of
| ||||||
7 | which were constructed more than 75 years ago;
| ||||||
8 | (iv) The voters of the school district approve a | ||||||
9 | proposition for the
issuance of the bonds at a referendum | ||||||
10 | held after July 1, 1998; and
| ||||||
11 | (v) The bonds are issued pursuant to Sections 19-2 | ||||||
12 | through 19-7 of this
Code.
| ||||||
13 | (n) Notwithstanding the debt limitation prescribed in | ||||||
14 | subsection (a) of
this Section or any other provisions of this | ||||||
15 | Section or of any other law, a
school district that meets all | ||||||
16 | of the criteria set forth in paragraphs (i)
through (vi) of | ||||||
17 | this subsection (n) may incur additional indebtedness by the
| ||||||
18 | issuance of bonds in an amount not exceeding the amount | ||||||
19 | certified by the
Capital Development Board to the school | ||||||
20 | district as provided in paragraph (iii)
of
this subsection | ||||||
21 | (n), even though the amount of the additional indebtedness so
| ||||||
22 | authorized, when incurred and added to the aggregate amount of | ||||||
23 | indebtedness of
the district existing immediately prior to the | ||||||
24 | district incurring the
additional indebtedness authorized by | ||||||
25 | this subsection (n), causes the aggregate
indebtedness of the | ||||||
26 | district to exceed the debt limitation otherwise applicable
by |
| |||||||
| |||||||
1 | law to that district:
| ||||||
2 | (i) The school district applies to the State Board of | ||||||
3 | Education for a
school construction project grant and | ||||||
4 | submits a district facilities plan in
support
of its | ||||||
5 | application pursuant to Section 5-20 of
the School | ||||||
6 | Construction Law.
| ||||||
7 | (ii) The school district's application and facilities | ||||||
8 | plan are approved
by,
and the district receives a grant | ||||||
9 | entitlement for a school construction project
issued by, | ||||||
10 | the State Board of Education under the School Construction | ||||||
11 | Law.
| ||||||
12 | (iii) The school district has exhausted its bonding | ||||||
13 | capacity or the unused
bonding capacity of the district is | ||||||
14 | less than the amount certified by the
Capital Development | ||||||
15 | Board to the district under Section 5-15 of the School
| ||||||
16 | Construction Law as the dollar amount of the school | ||||||
17 | construction project's cost
that the district will be | ||||||
18 | required to finance with non-grant funds in order to
| ||||||
19 | receive a school construction project grant under the | ||||||
20 | School Construction Law.
| ||||||
21 | (iv) The bonds are issued for a "school construction | ||||||
22 | project", as that
term is defined in Section 5-5 of the | ||||||
23 | School Construction Law, in an amount
that does not exceed | ||||||
24 | the dollar amount certified, as provided in paragraph
| ||||||
25 | (iii) of this subsection (n), by the Capital Development | ||||||
26 | Board
to the school
district under Section 5-15 of the |
| |||||||
| |||||||
1 | School Construction Law.
| ||||||
2 | (v) The voters of the district approve a proposition | ||||||
3 | for the issuance of
the bonds at a referendum held after | ||||||
4 | the criteria specified in paragraphs (i)
and (iii) of this | ||||||
5 | subsection (n) are met.
| ||||||
6 | (vi) The bonds are issued pursuant to Sections 19-2 | ||||||
7 | through 19-7 of the
School Code.
| ||||||
8 | (o) Notwithstanding any other provisions of this Section | ||||||
9 | or the
provisions of any other law, until November 1, 2007, a | ||||||
10 | community unit
school district maintaining grades K through 12 | ||||||
11 | may issue bonds up to
an amount, including existing | ||||||
12 | indebtedness, not exceeding 20% of the
equalized assessed | ||||||
13 | value of the taxable property in the district if all of the
| ||||||
14 | following conditions are met:
| ||||||
15 | (i) the school district has an equalized assessed | ||||||
16 | valuation
for calendar year 2001 of at least $737,000,000 | ||||||
17 | and an enrollment
for the 2002-2003 school year of at | ||||||
18 | least 8,500;
| ||||||
19 | (ii) the bonds are issued to purchase school sites, | ||||||
20 | build and
equip a new high school, build and equip a new | ||||||
21 | junior high school,
build and equip 5 new elementary | ||||||
22 | schools, and make technology
and other improvements and | ||||||
23 | additions to existing schools;
| ||||||
24 | (iii) at the time of the sale of the bonds, the board | ||||||
25 | of
education determines by resolution that the sites and | ||||||
26 | new or
improved facilities are needed because of projected |
| |||||||
| |||||||
1 | enrollment
increases;
| ||||||
2 | (iv) at least 57% of those voting in a general | ||||||
3 | election held
prior to January 1, 2003 approved a | ||||||
4 | proposition for the issuance of
the bonds; and
| ||||||
5 | (v) the bonds are issued pursuant to Sections 19-2 | ||||||
6 | through
19-7 of this Code.
| ||||||
7 | (p) Notwithstanding any other provisions of this Section | ||||||
8 | or the provisions of any other law, a community unit school | ||||||
9 | district maintaining grades K through 12 may issue bonds up to | ||||||
10 | an amount, including indebtedness, not exceeding 27% of the | ||||||
11 | equalized assessed value of the taxable property in the | ||||||
12 | district if all of the following conditions are met: | ||||||
13 | (i) The school district has an equalized assessed | ||||||
14 | valuation for calendar year 2001 of at least $295,741,187 | ||||||
15 | and a best 3 months' average daily attendance for the | ||||||
16 | 2002-2003 school year of at least 2,394. | ||||||
17 | (ii) The bonds are issued to build and equip 3 | ||||||
18 | elementary school buildings; build and equip one middle | ||||||
19 | school building; and alter, repair, improve, and equip all | ||||||
20 | existing school buildings in the district. | ||||||
21 | (iii) At the time of the sale of the bonds, the board | ||||||
22 | of education determines by resolution that the project is | ||||||
23 | needed because of expanding growth in the school district | ||||||
24 | and a projected enrollment increase. | ||||||
25 | (iv) The bonds are issued pursuant to Sections 19-2 | ||||||
26 | through 19-7 of this Code.
|
| |||||||
| |||||||
1 | (p-5) Notwithstanding any other provisions of this Section | ||||||
2 | or the provisions of any other law, bonds issued by a community | ||||||
3 | unit school district maintaining grades K through 12 shall not | ||||||
4 | be considered indebtedness for purposes of any statutory | ||||||
5 | limitation and may be issued in an amount or amounts, | ||||||
6 | including existing indebtedness, in excess of any heretofore | ||||||
7 | or hereafter imposed statutory limitation as to indebtedness, | ||||||
8 | if all of the following conditions are met: | ||||||
9 | (i) For each of the 4 most recent years, residential | ||||||
10 | property comprises more than 80% of the equalized assessed | ||||||
11 | valuation of the district. | ||||||
12 | (ii) At least 2 school buildings that were constructed | ||||||
13 | 40 or more years prior to the issuance of the bonds will be | ||||||
14 | demolished and will be replaced by new buildings or | ||||||
15 | additions to one or more existing buildings. | ||||||
16 | (iii) Voters of the district approve a proposition for | ||||||
17 | the issuance of the bonds at a regularly scheduled | ||||||
18 | election. | ||||||
19 | (iv) At the time of the sale of the bonds, the school | ||||||
20 | board determines by resolution that the new buildings or | ||||||
21 | building additions are needed because of an increase in | ||||||
22 | enrollment projected by the school board. | ||||||
23 | (v) The principal amount of the bonds, including | ||||||
24 | existing indebtedness, does not exceed 25% of the | ||||||
25 | equalized assessed value of the taxable property in the | ||||||
26 | district. |
| |||||||
| |||||||
1 | (vi) The bonds are issued prior to January 1, 2007, | ||||||
2 | pursuant to Sections 19-2 through 19-7 of this Code.
| ||||||
3 | (p-10) Notwithstanding any other provisions of this | ||||||
4 | Section or the provisions of any other law, bonds issued by a | ||||||
5 | community consolidated school district maintaining grades K | ||||||
6 | through 8 shall not be considered indebtedness for purposes of | ||||||
7 | any statutory limitation and may be issued in an amount or | ||||||
8 | amounts, including existing indebtedness, in excess of any | ||||||
9 | heretofore or hereafter imposed statutory limitation as to | ||||||
10 | indebtedness, if all of the following conditions are met: | ||||||
11 | (i) For each of the 4 most recent years, residential | ||||||
12 | and farm property comprises more than 80% of the equalized | ||||||
13 | assessed valuation of the district. | ||||||
14 | (ii) The bond proceeds are to be used to acquire and | ||||||
15 | improve school sites and build and equip a school | ||||||
16 | building. | ||||||
17 | (iii) Voters of the district approve a proposition for | ||||||
18 | the issuance of the bonds at a regularly scheduled | ||||||
19 | election. | ||||||
20 | (iv) At the time of the sale of the bonds, the school | ||||||
21 | board determines by resolution that the school sites and | ||||||
22 | building additions are needed because of an increase in | ||||||
23 | enrollment projected by the school board. | ||||||
24 | (v) The principal amount of the bonds, including | ||||||
25 | existing indebtedness, does not exceed 20% of the | ||||||
26 | equalized assessed value of the taxable property in the |
| |||||||
| |||||||
1 | district. | ||||||
2 | (vi) The bonds are issued prior to January 1, 2007, | ||||||
3 | pursuant to Sections 19-2 through 19-7 of this Code.
| ||||||
4 | (p-15) In addition to all other authority to issue bonds, | ||||||
5 | the Oswego Community Unit School District Number 308 may issue | ||||||
6 | bonds with an aggregate principal amount not to exceed | ||||||
7 | $450,000,000, but only if all of the following conditions are | ||||||
8 | met: | ||||||
9 | (i) The voters of the district have approved a | ||||||
10 | proposition for the bond issue at the general election | ||||||
11 | held on November 7, 2006. | ||||||
12 | (ii) At the time of the sale of the bonds, the school | ||||||
13 | board determines, by resolution, that: (A) the building | ||||||
14 | and equipping of the new high school building, new junior | ||||||
15 | high school buildings, new elementary school buildings, | ||||||
16 | early childhood building, maintenance building, | ||||||
17 | transportation facility, and additions to existing school | ||||||
18 | buildings, the altering, repairing, equipping, and | ||||||
19 | provision of technology improvements to existing school | ||||||
20 | buildings, and the acquisition and improvement of school | ||||||
21 | sites, as the case may be, are required as a result of a | ||||||
22 | projected increase in the enrollment of students in the | ||||||
23 | district; and (B) the sale of bonds for these purposes is | ||||||
24 | authorized by legislation that exempts the debt incurred | ||||||
25 | on the bonds from the district's statutory debt | ||||||
26 | limitation.
|
| |||||||
| |||||||
1 | (iii) The bonds are issued, in one or more bond | ||||||
2 | issues, on or before November 7, 2011, but the aggregate | ||||||
3 | principal amount issued in all such bond issues combined | ||||||
4 | must not exceed $450,000,000.
| ||||||
5 | (iv) The bonds are issued in accordance with this | ||||||
6 | Article 19. | ||||||
7 | (v) The proceeds of the bonds are used only to | ||||||
8 | accomplish those projects approved by the voters at the | ||||||
9 | general election held on November 7, 2006. | ||||||
10 | The debt incurred on any bonds issued under this subsection | ||||||
11 | (p-15) shall not be considered indebtedness for purposes of | ||||||
12 | any statutory debt limitation.
| ||||||
13 | (p-20) In addition to all other authority to issue bonds, | ||||||
14 | the Lincoln-Way Community High School District Number 210 may | ||||||
15 | issue bonds with an aggregate principal amount not to exceed | ||||||
16 | $225,000,000, but only if all of the following conditions are | ||||||
17 | met: | ||||||
18 | (i) The voters of the district have approved a | ||||||
19 | proposition for the bond issue at the general primary | ||||||
20 | election held on March 21, 2006. | ||||||
21 | (ii) At the time of the sale of the bonds, the school | ||||||
22 | board determines, by resolution, that: (A) the building | ||||||
23 | and equipping of the new high school buildings, the | ||||||
24 | altering, repairing, and equipping of existing school | ||||||
25 | buildings, and the improvement of school sites, as the | ||||||
26 | case may be, are required as a result of a projected |
| |||||||
| |||||||
1 | increase in the enrollment of students in the district; | ||||||
2 | and (B) the sale of bonds for these purposes is authorized | ||||||
3 | by legislation that exempts the debt incurred on the bonds | ||||||
4 | from the district's statutory debt limitation.
| ||||||
5 | (iii) The bonds are issued, in one or more bond | ||||||
6 | issues, on or before March 21, 2011, but the aggregate | ||||||
7 | principal amount issued in all such bond issues combined | ||||||
8 | must not exceed $225,000,000.
| ||||||
9 | (iv) The bonds are issued in accordance with this | ||||||
10 | Article 19. | ||||||
11 | (v) The proceeds of the bonds are used only to | ||||||
12 | accomplish those projects approved by the voters at the | ||||||
13 | primary election held on March 21, 2006. | ||||||
14 | The debt incurred on any bonds issued under this subsection | ||||||
15 | (p-20) shall not be considered indebtedness for purposes of | ||||||
16 | any statutory debt limitation.
| ||||||
17 | (p-25) In addition to all other authority to issue bonds, | ||||||
18 | Rochester Community Unit School District 3A may issue bonds | ||||||
19 | with an aggregate principal amount not to exceed $18,500,000, | ||||||
20 | but only if all of the following conditions are met: | ||||||
21 | (i) The voters of the district approve a proposition | ||||||
22 | for the bond issuance at the general primary election held | ||||||
23 | in 2008.
| ||||||
24 | (ii) At the time of the sale of the bonds, the school | ||||||
25 | board determines, by resolution, that: (A) the building | ||||||
26 | and equipping of a new high school building; the addition |
| |||||||
| |||||||
1 | of classrooms and support facilities at the high school, | ||||||
2 | middle school, and elementary school; the altering, | ||||||
3 | repairing, and equipping of existing school buildings; and | ||||||
4 | the improvement of school sites, as the case may be, are | ||||||
5 | required as a result of a projected increase in the | ||||||
6 | enrollment of students in the district; and (B) the sale | ||||||
7 | of bonds for these purposes is authorized by a law that | ||||||
8 | exempts the debt incurred on the bonds from the district's | ||||||
9 | statutory debt limitation. | ||||||
10 | (iii) The bonds are issued, in one or more bond | ||||||
11 | issues, on or before December 31, 2012, but the aggregate | ||||||
12 | principal amount issued in all such bond issues combined | ||||||
13 | must not exceed $18,500,000. | ||||||
14 | (iv) The bonds are issued in accordance with this | ||||||
15 | Article 19. | ||||||
16 | (v) The proceeds of the bonds are used to accomplish | ||||||
17 | only those projects approved by the voters at the primary | ||||||
18 | election held in 2008.
| ||||||
19 | The debt incurred on any bonds issued under this subsection | ||||||
20 | (p-25) shall not be considered indebtedness for purposes of | ||||||
21 | any statutory debt limitation.
| ||||||
22 | (p-30) In addition to all other authority to issue bonds, | ||||||
23 | Prairie Grove Consolidated School District 46 may issue bonds | ||||||
24 | with an aggregate principal amount not to exceed $30,000,000, | ||||||
25 | but only if all of the following conditions are met:
| ||||||
26 | (i) The voters of the district approve a proposition |
| |||||||
| |||||||
1 | for the bond issuance at an election held in 2008.
| ||||||
2 | (ii) At the time of the sale of the bonds, the school | ||||||
3 | board determines, by resolution, that (A) the building and | ||||||
4 | equipping of a new school building and additions to | ||||||
5 | existing school buildings are required as a result of a | ||||||
6 | projected increase in the enrollment of students in the | ||||||
7 | district and (B) the altering, repairing, and equipping of | ||||||
8 | existing school buildings are required because of the age | ||||||
9 | of the existing school buildings.
| ||||||
10 | (iii) The bonds are issued, in one or more bond | ||||||
11 | issuances, on or before December 31, 2012; however, the | ||||||
12 | aggregate principal amount issued in all such bond | ||||||
13 | issuances combined must not exceed $30,000,000.
| ||||||
14 | (iv) The bonds are issued in accordance with this | ||||||
15 | Article.
| ||||||
16 | (v) The proceeds of the bonds are used to accomplish | ||||||
17 | only those projects approved by the voters at an election | ||||||
18 | held in 2008.
| ||||||
19 | The debt incurred on any bonds issued under this subsection | ||||||
20 | (p-30) shall not be considered indebtedness for purposes of | ||||||
21 | any statutory debt limitation.
| ||||||
22 | (p-35) In addition to all other authority to issue bonds, | ||||||
23 | Prairie Hill Community Consolidated School District 133 may | ||||||
24 | issue bonds with an aggregate principal amount not to exceed | ||||||
25 | $13,900,000, but only if all of the following conditions are | ||||||
26 | met:
|
| |||||||
| |||||||
1 | (i) The voters of the district approved a proposition | ||||||
2 | for the bond issuance at an election held on April 17, | ||||||
3 | 2007.
| ||||||
4 | (ii) At the time of the sale of the bonds, the school | ||||||
5 | board determines, by resolution, that (A) the improvement | ||||||
6 | of the site of and the building and equipping of a school | ||||||
7 | building are required as a result of a projected increase | ||||||
8 | in the enrollment of students in the district and (B) the | ||||||
9 | repairing and equipping of the Prairie Hill Elementary | ||||||
10 | School building is required because of the age of that | ||||||
11 | school building.
| ||||||
12 | (iii) The bonds are issued, in one or more bond | ||||||
13 | issuances, on or before December 31, 2011, but the | ||||||
14 | aggregate principal amount issued in all such bond | ||||||
15 | issuances combined must not exceed $13,900,000.
| ||||||
16 | (iv) The bonds are issued in accordance with this | ||||||
17 | Article.
| ||||||
18 | (v) The proceeds of the bonds are used to accomplish | ||||||
19 | only those projects approved by the voters at an election | ||||||
20 | held on April 17, 2007.
| ||||||
21 | The debt incurred on any bonds issued under this subsection | ||||||
22 | (p-35) shall not be considered indebtedness for purposes of | ||||||
23 | any statutory debt limitation.
| ||||||
24 | (p-40) In addition to all other authority to issue bonds, | ||||||
25 | Mascoutah Community Unit District 19 may issue bonds with an | ||||||
26 | aggregate principal amount not to exceed $55,000,000, but only |
| |||||||
| |||||||
1 | if all of the following conditions are met: | ||||||
2 | (1) The voters of the district approve a proposition | ||||||
3 | for the bond issuance at a regular election held on or | ||||||
4 | after November 4, 2008. | ||||||
5 | (2) At the time of the sale of the bonds, the school | ||||||
6 | board determines, by resolution, that (i) the building and | ||||||
7 | equipping of a new high school building is required as a | ||||||
8 | result of a projected increase in the enrollment of | ||||||
9 | students in the district and the age and condition of the | ||||||
10 | existing high school building, (ii) the existing high | ||||||
11 | school building will be demolished, and (iii) the sale of | ||||||
12 | bonds is authorized by statute that exempts the debt | ||||||
13 | incurred on the bonds from the district's statutory debt | ||||||
14 | limitation. | ||||||
15 | (3) The bonds are issued, in one or more bond | ||||||
16 | issuances, on or before December 31, 2011, but the | ||||||
17 | aggregate principal amount issued in all such bond | ||||||
18 | issuances combined must not exceed $55,000,000. | ||||||
19 | (4) The bonds are issued in accordance with this | ||||||
20 | Article. | ||||||
21 | (5) The proceeds of the bonds are used to accomplish | ||||||
22 | only those projects approved by the voters at a regular | ||||||
23 | election held on or after November 4, 2008. | ||||||
24 | The debt incurred on any bonds issued under this | ||||||
25 | subsection (p-40) shall not be considered indebtedness for | ||||||
26 | purposes of any statutory debt limitation. |
| |||||||
| |||||||
1 | (p-45) Notwithstanding the provisions of subsection (a) of | ||||||
2 | this Section or of any other law, bonds issued pursuant to | ||||||
3 | Section 19-3.5 of this Code shall not be considered | ||||||
4 | indebtedness for purposes of any statutory limitation if the | ||||||
5 | bonds are issued in an amount or amounts, including existing | ||||||
6 | indebtedness of the school district, not in excess of 18.5% of | ||||||
7 | the value of the taxable property in the district to be | ||||||
8 | ascertained by the last assessment for State and county taxes. | ||||||
9 | (p-50) Notwithstanding the provisions of subsection (a) of
| ||||||
10 | this Section or of any other law, bonds issued pursuant to
| ||||||
11 | Section 19-3.10 of this Code shall not be considered
| ||||||
12 | indebtedness for purposes of any statutory limitation if the
| ||||||
13 | bonds are issued in an amount or amounts, including existing
| ||||||
14 | indebtedness of the school district, not in excess of 43% of
| ||||||
15 | the value of the taxable property in the district to be
| ||||||
16 | ascertained by the last assessment for State and county taxes. | ||||||
17 | (p-55) In addition to all other authority to issue bonds, | ||||||
18 | Belle Valley School District 119 may issue bonds with an | ||||||
19 | aggregate principal amount not to exceed $47,500,000, but only | ||||||
20 | if all of the following conditions are met: | ||||||
21 | (1) The voters of the district approve a proposition | ||||||
22 | for the bond issuance at an election held on or after April | ||||||
23 | 7, 2009. | ||||||
24 | (2) Prior to the issuance of the bonds, the school | ||||||
25 | board determines, by resolution, that (i) the building and | ||||||
26 | equipping of a new school building is required as a result |
| |||||||
| |||||||
1 | of mine subsidence in an existing school building and | ||||||
2 | because of the age and condition of another existing | ||||||
3 | school building and (ii) the issuance of bonds is | ||||||
4 | authorized by statute that exempts the debt incurred on | ||||||
5 | the bonds from the district's statutory debt limitation. | ||||||
6 | (3) The bonds are issued, in one or more bond | ||||||
7 | issuances, on or before March 31, 2014, but the aggregate | ||||||
8 | principal amount issued in all such bond issuances | ||||||
9 | combined must not exceed $47,500,000. | ||||||
10 | (4) The bonds are issued in accordance with this | ||||||
11 | Article. | ||||||
12 | (5) The proceeds of the bonds are used to accomplish | ||||||
13 | only those projects approved by the voters at an election | ||||||
14 | held on or after April 7, 2009. | ||||||
15 | The debt incurred on any bonds issued under this | ||||||
16 | subsection (p-55) shall not be considered indebtedness for | ||||||
17 | purposes of any statutory debt limitation. Bonds issued under | ||||||
18 | this subsection (p-55) must mature within not to exceed 30 | ||||||
19 | years from their date, notwithstanding any other law to the | ||||||
20 | contrary. | ||||||
21 | (p-60) In addition to all other authority to issue bonds, | ||||||
22 | Wilmington Community Unit School District Number 209-U may | ||||||
23 | issue bonds with an aggregate principal amount not to exceed | ||||||
24 | $2,285,000, but only if all of the following conditions are | ||||||
25 | met: | ||||||
26 | (1) The proceeds of the bonds are used to accomplish |
| |||||||
| |||||||
1 | only those projects approved by the voters at the general | ||||||
2 | primary election held on March 21, 2006. | ||||||
3 | (2) Prior to the issuance of the bonds, the school | ||||||
4 | board determines, by resolution, that (i) the projects | ||||||
5 | approved by the voters were and are required because of | ||||||
6 | the age and condition of the school district's prior and | ||||||
7 | existing school buildings and (ii) the issuance of the | ||||||
8 | bonds is authorized by legislation that exempts the debt | ||||||
9 | incurred on the bonds from the district's statutory debt | ||||||
10 | limitation. | ||||||
11 | (3) The bonds are issued in one or more bond issuances | ||||||
12 | on or before March 1, 2011, but the aggregate principal | ||||||
13 | amount issued in all those bond issuances combined must | ||||||
14 | not exceed $2,285,000. | ||||||
15 | (4) The bonds are issued in accordance with this | ||||||
16 | Article. | ||||||
17 | The debt incurred on any bonds issued under this | ||||||
18 | subsection (p-60) shall not be considered indebtedness for | ||||||
19 | purposes of any statutory debt limitation. | ||||||
20 | (p-65) In addition to all other authority to issue bonds, | ||||||
21 | West Washington County Community Unit School District 10 may | ||||||
22 | issue bonds with an aggregate principal amount not to exceed | ||||||
23 | $32,200,000 and maturing over a period not exceeding 25 years, | ||||||
24 | but only if all of the following conditions are met: | ||||||
25 | (1) The voters of the district approve a proposition | ||||||
26 | for the bond issuance at an election held on or after |
| |||||||
| |||||||
1 | February 2, 2010. | ||||||
2 | (2) Prior to the issuance of the bonds, the school | ||||||
3 | board determines, by resolution, that (A) all or a portion | ||||||
4 | of the existing Okawville Junior/Senior High School | ||||||
5 | Building will be demolished; (B) the building and | ||||||
6 | equipping of a new school building to be attached to and | ||||||
7 | the alteration, repair, and equipping of the remaining | ||||||
8 | portion of the Okawville Junior/Senior High School | ||||||
9 | Building is required because of the age and current | ||||||
10 | condition of that school building; and (C) the issuance of | ||||||
11 | bonds is authorized by a statute that exempts the debt | ||||||
12 | incurred on the bonds from the district's statutory debt | ||||||
13 | limitation. | ||||||
14 | (3) The bonds are issued, in one or more bond | ||||||
15 | issuances, on or before March 31, 2014, but the aggregate | ||||||
16 | principal amount issued in all such bond issuances | ||||||
17 | combined must not exceed $32,200,000. | ||||||
18 | (4) The bonds are issued in accordance with this | ||||||
19 | Article. | ||||||
20 | (5) The proceeds of the bonds are used to accomplish | ||||||
21 | only those projects approved by the voters at an election | ||||||
22 | held on or after February 2, 2010. | ||||||
23 | The debt incurred on any bonds issued under this | ||||||
24 | subsection (p-65) shall not be considered indebtedness for | ||||||
25 | purposes of any statutory debt limitation. | ||||||
26 | (p-70) In addition to all other authority to issue bonds, |
| |||||||
| |||||||
1 | Cahokia Community Unit School District 187 may issue bonds | ||||||
2 | with an aggregate principal amount not to exceed $50,000,000, | ||||||
3 | but only if all the following conditions are met: | ||||||
4 | (1) The voters of the district approve a proposition | ||||||
5 | for the bond issuance at an election held on or after | ||||||
6 | November 2, 2010. | ||||||
7 | (2) Prior to the issuance of the bonds, the school | ||||||
8 | board determines, by resolution, that (i) the building and | ||||||
9 | equipping of a new school building is required as a result | ||||||
10 | of the age and condition of an existing school building | ||||||
11 | and (ii) the issuance of bonds is authorized by a statute | ||||||
12 | that exempts the debt incurred on the bonds from the | ||||||
13 | district's statutory debt limitation. | ||||||
14 | (3) The bonds are issued, in one or more issuances, on | ||||||
15 | or before July 1, 2016, but the aggregate principal amount | ||||||
16 | issued in all such bond issuances combined must not exceed | ||||||
17 | $50,000,000. | ||||||
18 | (4) The bonds are issued in accordance with this | ||||||
19 | Article. | ||||||
20 | (5) The proceeds of the bonds are used to accomplish | ||||||
21 | only those projects approved by the voters at an election | ||||||
22 | held on or after November 2, 2010. | ||||||
23 | The debt incurred on any bonds issued under this | ||||||
24 | subsection (p-70) shall not be considered indebtedness for | ||||||
25 | purposes of any statutory debt limitation. Bonds issued under | ||||||
26 | this subsection (p-70) must mature within not to exceed 25 |
| |||||||
| |||||||
1 | years from their date, notwithstanding any other law, | ||||||
2 | including Section 19-3 of this Code, to the contrary. | ||||||
3 | (p-75) Notwithstanding the debt limitation prescribed in | ||||||
4 | subsection (a) of this Section
or any other provisions of this | ||||||
5 | Section or of any other law, the execution of leases on or
| ||||||
6 | after January 1, 2007 and before July 1, 2011 by the Board of | ||||||
7 | Education of Peoria School District 150 with a public building | ||||||
8 | commission for leases entered into pursuant to the Public
| ||||||
9 | Building Commission Act shall not be considered indebtedness | ||||||
10 | for purposes of any
statutory debt limitation. | ||||||
11 | This subsection (p-75) applies only if the State Board of | ||||||
12 | Education or the Capital Development Board makes one or more | ||||||
13 | grants to Peoria School District 150 pursuant to the School | ||||||
14 | Construction Law. The amount exempted from the debt limitation | ||||||
15 | as prescribed in this subsection (p-75) shall be no greater | ||||||
16 | than the amount of one or more grants awarded to Peoria School | ||||||
17 | District 150 by the State Board of Education or the Capital | ||||||
18 | Development Board. | ||||||
19 | (p-80) In addition to all other authority to issue bonds, | ||||||
20 | Ridgeland School District 122 may issue bonds with an | ||||||
21 | aggregate principal amount not to exceed $50,000,000 for the | ||||||
22 | purpose of refunding or continuing to refund bonds originally | ||||||
23 | issued pursuant to voter approval at the general election held | ||||||
24 | on November 7, 2000, and the debt incurred on any bonds issued | ||||||
25 | under this subsection (p-80) shall not be considered | ||||||
26 | indebtedness for purposes of any statutory debt limitation. |
| |||||||
| |||||||
1 | Bonds issued under this subsection (p-80) may be issued in one | ||||||
2 | or more issuances and must mature within not to exceed 25 years | ||||||
3 | from their date, notwithstanding any other law, including | ||||||
4 | Section 19-3 of this Code, to the contrary. | ||||||
5 | (p-85) In addition to all other authority to issue bonds, | ||||||
6 | Hall High School District 502 may issue bonds with an | ||||||
7 | aggregate principal amount not to exceed $32,000,000, but only | ||||||
8 | if all the following conditions are met: | ||||||
9 | (1) The voters of the district approve a proposition
| ||||||
10 | for the bond issuance at an election held on or after April | ||||||
11 | 9, 2013. | ||||||
12 | (2) Prior to the issuance of the bonds, the school
| ||||||
13 | board determines, by resolution, that (i) the building and | ||||||
14 | equipping of a new school building is required as a result | ||||||
15 | of the age and condition of an existing school building, | ||||||
16 | (ii) the existing school building should be demolished in | ||||||
17 | its entirety or the existing school building should be | ||||||
18 | demolished except for the 1914 west wing of the building, | ||||||
19 | and (iii) the issuance of bonds is authorized by a statute | ||||||
20 | that exempts the debt incurred on the bonds from the | ||||||
21 | district's statutory debt limitation. | ||||||
22 | (3) The bonds are issued, in one or more issuances, | ||||||
23 | not later than 5 years after the date of the referendum | ||||||
24 | approving the issuance of the bonds, but the aggregate | ||||||
25 | principal amount issued in all such bond issuances | ||||||
26 | combined must not exceed $32,000,000. |
| |||||||
| |||||||
1 | (4) The bonds are issued in accordance with this
| ||||||
2 | Article. | ||||||
3 | (5) The proceeds of the bonds are used to accomplish
| ||||||
4 | only those projects approved by the voters at an election | ||||||
5 | held on or after April 9, 2013. | ||||||
6 | The debt incurred on any bonds issued under this | ||||||
7 | subsection (p-85) shall not be considered indebtedness for | ||||||
8 | purposes of any statutory debt limitation. Bonds issued under | ||||||
9 | this subsection (p-85) must mature within not to exceed 30 | ||||||
10 | years from their date, notwithstanding any other law, | ||||||
11 | including Section 19-3 of this Code, to the contrary. | ||||||
12 | (p-90) In addition to all other authority to issue bonds, | ||||||
13 | Lebanon Community Unit School District 9 may issue bonds with | ||||||
14 | an aggregate principal amount not to exceed $7,500,000, but | ||||||
15 | only if all of the following conditions are met: | ||||||
16 | (1) The voters of the district approved a proposition | ||||||
17 | for the bond issuance at the general primary election on | ||||||
18 | February 2, 2010. | ||||||
19 | (2) At or prior to the time of the sale of the bonds, | ||||||
20 | the school board determines, by resolution, that (i) the | ||||||
21 | building and equipping of a new elementary school building | ||||||
22 | is required as a result of a projected increase in the | ||||||
23 | enrollment of students in the district and the age and | ||||||
24 | condition of the existing Lebanon Elementary School | ||||||
25 | building, (ii) a portion of the existing Lebanon | ||||||
26 | Elementary School building will be demolished and the |
| |||||||
| |||||||
1 | remaining portion will be altered, repaired, and equipped, | ||||||
2 | and (iii) the sale of bonds is authorized by a statute that | ||||||
3 | exempts the debt incurred on the bonds from the district's | ||||||
4 | statutory debt limitation. | ||||||
5 | (3) The bonds are issued, in one or more bond | ||||||
6 | issuances, on or before April 1, 2014, but the aggregate | ||||||
7 | principal amount issued in all such bond issuances | ||||||
8 | combined must not exceed $7,500,000. | ||||||
9 | (4) The bonds are issued in accordance with this | ||||||
10 | Article. | ||||||
11 | (5) The proceeds of the bonds are used to accomplish | ||||||
12 | only those projects approved by the voters at the general | ||||||
13 | primary election held on February 2, 2010. | ||||||
14 | The debt incurred on any bonds issued under this | ||||||
15 | subsection (p-90) shall not be considered indebtedness for | ||||||
16 | purposes of any statutory debt limitation. | ||||||
17 | (p-95) In addition to all other authority to issue bonds, | ||||||
18 | Monticello Community Unit School District 25 may issue bonds | ||||||
19 | with an aggregate principal amount not to exceed $35,000,000, | ||||||
20 | but only if all of the following conditions are met: | ||||||
21 | (1) The voters of the district approve a proposition | ||||||
22 | for the bond issuance at an election held on or after | ||||||
23 | November 4, 2014. | ||||||
24 | (2) Prior to the issuance of the bonds, the school | ||||||
25 | board determines, by resolution, that (i) the building and | ||||||
26 | equipping of a new school building is required as a result |
| |||||||
| |||||||
1 | of the age and condition of an existing school building | ||||||
2 | and (ii) the issuance of bonds is authorized by a statute | ||||||
3 | that exempts the debt incurred on the bonds from the | ||||||
4 | district's statutory debt limitation. | ||||||
5 | (3) The bonds are issued, in one or more issuances, on | ||||||
6 | or before July 1, 2020, but the aggregate principal amount | ||||||
7 | issued in all such bond issuances combined must not exceed | ||||||
8 | $35,000,000. | ||||||
9 | (4) The bonds are issued in accordance with this | ||||||
10 | Article. | ||||||
11 | (5) The proceeds of the bonds are used to accomplish | ||||||
12 | only those projects approved by the voters at an election | ||||||
13 | held on or after November 4, 2014. | ||||||
14 | The debt incurred on any bonds issued under this | ||||||
15 | subsection (p-95) shall not be considered indebtedness for | ||||||
16 | purposes of any statutory debt limitation. Bonds issued under | ||||||
17 | this subsection (p-95) must mature within not to exceed 25 | ||||||
18 | years from their date, notwithstanding any other law, | ||||||
19 | including Section 19-3 of this Code, to the contrary. | ||||||
20 | (p-100) In addition to all other authority to issue bonds, | ||||||
21 | the community unit school district created in the territory | ||||||
22 | comprising Milford Community Consolidated School District 280 | ||||||
23 | and Milford Township High School District 233, as approved at | ||||||
24 | the general primary election held on March 18, 2014, may issue | ||||||
25 | bonds with an aggregate principal amount not to exceed | ||||||
26 | $17,500,000, but only if all the following conditions are met: |
| |||||||
| |||||||
1 | (1) The voters of the district approve a proposition | ||||||
2 | for the bond issuance at an election held on or after | ||||||
3 | November 4, 2014. | ||||||
4 | (2) Prior to the issuance of the bonds, the school | ||||||
5 | board determines, by resolution, that (i) the building and | ||||||
6 | equipping of a new school building is required as a result | ||||||
7 | of the age and condition of an existing school building | ||||||
8 | and (ii) the issuance of bonds is authorized by a statute | ||||||
9 | that exempts the debt incurred on the bonds from the | ||||||
10 | district's statutory debt limitation. | ||||||
11 | (3) The bonds are issued, in one or more issuances, on | ||||||
12 | or before July 1, 2020, but the aggregate principal amount | ||||||
13 | issued in all such bond issuances combined must not exceed | ||||||
14 | $17,500,000. | ||||||
15 | (4) The bonds are issued in accordance with this | ||||||
16 | Article. | ||||||
17 | (5) The proceeds of the bonds are used to accomplish | ||||||
18 | only those projects approved by the voters at an election | ||||||
19 | held on or after November 4, 2014. | ||||||
20 | The debt incurred on any bonds issued under this | ||||||
21 | subsection (p-100) shall not be considered indebtedness for | ||||||
22 | purposes of any statutory debt limitation. Bonds issued under | ||||||
23 | this subsection (p-100) must mature within not to exceed 25 | ||||||
24 | years from their date, notwithstanding any other law, | ||||||
25 | including Section 19-3 of this Code, to the contrary. | ||||||
26 | (p-105) In addition to all other authority to issue bonds, |
| |||||||
| |||||||
1 | North Shore School District 112 may issue bonds with an | ||||||
2 | aggregate principal amount not to exceed $150,000,000, but | ||||||
3 | only if all of the following conditions are met: | ||||||
4 | (1) The voters of the district approve a proposition | ||||||
5 | for the bond issuance at an election held on or after March | ||||||
6 | 15, 2016. | ||||||
7 | (2) Prior to the issuance of the bonds, the school | ||||||
8 | board determines, by resolution, that (i) the building and | ||||||
9 | equipping of new buildings and improving the sites thereof | ||||||
10 | and the building and equipping of additions to, altering, | ||||||
11 | repairing, equipping, and renovating existing buildings | ||||||
12 | and improving the sites thereof are required as a result | ||||||
13 | of the age and condition of the district's existing | ||||||
14 | buildings and (ii) the issuance of bonds is authorized by | ||||||
15 | a statute that exempts the debt incurred on the bonds from | ||||||
16 | the district's statutory debt limitation. | ||||||
17 | (3) The bonds are issued, in one or more issuances, | ||||||
18 | not later than 5 years after the date of the referendum | ||||||
19 | approving the issuance of the bonds, but the aggregate | ||||||
20 | principal amount issued in all such bond issuances | ||||||
21 | combined must not exceed $150,000,000. | ||||||
22 | (4) The bonds are issued in accordance with this | ||||||
23 | Article. | ||||||
24 | (5) The proceeds of the bonds are used to accomplish | ||||||
25 | only those projects approved by the voters at an election | ||||||
26 | held on or after March 15, 2016. |
| |||||||
| |||||||
1 | The debt incurred on any bonds issued under this | ||||||
2 | subsection (p-105) and on any bonds issued to refund or | ||||||
3 | continue to refund such bonds shall not be considered | ||||||
4 | indebtedness for purposes of any statutory debt limitation. | ||||||
5 | Bonds issued under this subsection (p-105) and any bonds | ||||||
6 | issued to refund or continue to refund such bonds must mature | ||||||
7 | within not to exceed 30 years from their date, notwithstanding | ||||||
8 | any other law, including Section 19-3 of this Code, to the | ||||||
9 | contrary. | ||||||
10 | (p-110) In addition to all other authority to issue bonds, | ||||||
11 | Sandoval Community Unit School District 501 may issue bonds | ||||||
12 | with an aggregate principal amount not to exceed $2,000,000, | ||||||
13 | but only if all of the following conditions are met: | ||||||
14 | (1) The voters of the district approved a proposition | ||||||
15 | for the bond issuance at an election held on March 20, | ||||||
16 | 2012. | ||||||
17 | (2) Prior to the issuance of the bonds, the school | ||||||
18 | board determines, by resolution, that (i) the building and | ||||||
19 | equipping of a new school building is required because of | ||||||
20 | the age and current condition of the Sandoval Elementary | ||||||
21 | School building and (ii) the issuance of bonds is | ||||||
22 | authorized by a statute that exempts the debt incurred on | ||||||
23 | the bonds from the district's statutory debt limitation. | ||||||
24 | (3) The bonds are issued, in one or more bond | ||||||
25 | issuances, on or before March 19, 2022, but the aggregate | ||||||
26 | principal amount issued in all such bond issuances |
| |||||||
| |||||||
1 | combined must not exceed $2,000,000. | ||||||
2 | (4) The bonds are issued in accordance with this | ||||||
3 | Article. | ||||||
4 | (5) The proceeds of the bonds are used to accomplish | ||||||
5 | only those projects approved by the voters at the election | ||||||
6 | held on March 20, 2012. | ||||||
7 | The debt incurred on any bonds issued under this | ||||||
8 | subsection (p-110) and on any bonds issued to refund or | ||||||
9 | continue to refund the bonds shall not be considered | ||||||
10 | indebtedness for purposes of any statutory debt limitation. | ||||||
11 | (p-115) In addition to all other authority to issue bonds, | ||||||
12 | Bureau Valley Community Unit School District 340 may issue | ||||||
13 | bonds with an aggregate principal amount not to exceed | ||||||
14 | $25,000,000, but only if all of the following conditions are | ||||||
15 | met: | ||||||
16 | (1) The voters of the district approve a proposition | ||||||
17 | for the bond issuance at an election held on or after March | ||||||
18 | 15, 2016. | ||||||
19 | (2) Prior to the issuances of the bonds, the school | ||||||
20 | board determines, by resolution, that (i) the renovating | ||||||
21 | and equipping of some existing school buildings, the | ||||||
22 | building and equipping of new school buildings, and the | ||||||
23 | demolishing of some existing school buildings are required | ||||||
24 | as a result of the age and condition of existing school | ||||||
25 | buildings and (ii) the issuance of bonds is authorized by | ||||||
26 | a statute that exempts the debt incurred on the bonds from |
| |||||||
| |||||||
1 | the district's statutory debt limitation. | ||||||
2 | (3) The bonds are issued, in one or more issuances, on | ||||||
3 | or before July 1, 2021, but the aggregate principal amount | ||||||
4 | issued in all such bond issuances combined must not exceed | ||||||
5 | $25,000,000. | ||||||
6 | (4) The bonds are issued in accordance with this | ||||||
7 | Article. | ||||||
8 | (5) The proceeds of the bonds are used to accomplish | ||||||
9 | only those projects approved by the voters at an election | ||||||
10 | held on or after March 15, 2016. | ||||||
11 | The debt incurred on any bonds issued under this | ||||||
12 | subsection (p-115) shall not be considered indebtedness for | ||||||
13 | purposes of any statutory debt limitation. Bonds issued under | ||||||
14 | this subsection (p-115) must mature within not to exceed 30 | ||||||
15 | years from their date, notwithstanding any other law, | ||||||
16 | including Section 19-3 of this Code, to the contrary. | ||||||
17 | (p-120) In addition to all other authority to issue bonds, | ||||||
18 | Paxton-Buckley-Loda Community Unit School District 10 may | ||||||
19 | issue bonds with an aggregate principal amount not to exceed
| ||||||
20 | $28,500,000, but only if all the following conditions are met: | ||||||
21 | (1) The voters of the district approve a proposition | ||||||
22 | for the bond issuance at an election held on or after | ||||||
23 | November 8, 2016. | ||||||
24 | (2) Prior to the issuance of the bonds, the school | ||||||
25 | board determines, by resolution, that (i) the projects as | ||||||
26 | described in said proposition, relating to the building |
| |||||||
| |||||||
1 | and equipping of one or more school buildings or additions | ||||||
2 | to existing school buildings, are required as a result of | ||||||
3 | the age and condition of the District's existing buildings | ||||||
4 | and (ii) the issuance of bonds is authorized by a statute | ||||||
5 | that exempts the debt incurred on the bonds from the | ||||||
6 | district's statutory debt limitation. | ||||||
7 | (3) The bonds are issued, in one or more issuances, | ||||||
8 | not later than 5 years after the date of the referendum | ||||||
9 | approving the issuance of the bonds, but the aggregate | ||||||
10 | principal amount issued in all such bond issuances | ||||||
11 | combined must not exceed $28,500,000. | ||||||
12 | (4) The bonds are issued in accordance with this | ||||||
13 | Article. | ||||||
14 | (5) The proceeds of the bonds are used to accomplish | ||||||
15 | only those projects approved by the voters at an election | ||||||
16 | held on or after November 8, 2016. | ||||||
17 | The debt incurred on any bonds issued under this | ||||||
18 | subsection (p-120) and on any bonds
issued to refund or | ||||||
19 | continue to refund such bonds shall not be considered | ||||||
20 | indebtedness for
purposes of any statutory debt limitation. | ||||||
21 | Bonds issued under this subsection (p-120) and any
bonds | ||||||
22 | issued to refund or continue to refund such bonds must mature | ||||||
23 | within not to exceed 25
years from their date, notwithstanding | ||||||
24 | any other law, including Section 19-3 of this Code, to the
| ||||||
25 | contrary. | ||||||
26 | (p-125) In addition to all other authority to issue bonds, |
| |||||||
| |||||||
1 | Hillsboro Community Unit School District 3 may issue bonds | ||||||
2 | with an aggregate principal amount not to exceed
$34,500,000, | ||||||
3 | but only if all the following conditions are met: | ||||||
4 | (1) The voters of the district approve a proposition | ||||||
5 | for the bond issuance at an election held on or after March | ||||||
6 | 15, 2016. | ||||||
7 | (2) Prior to the issuance of the bonds, the school | ||||||
8 | board determines, by resolution, that (i) altering, | ||||||
9 | repairing, and equipping the high school | ||||||
10 | agricultural/vocational building, demolishing the high | ||||||
11 | school main, cafeteria, and gym buildings, building and | ||||||
12 | equipping a school building, and improving sites are | ||||||
13 | required as a result of the age and condition of the | ||||||
14 | district's existing buildings and (ii) the issuance of | ||||||
15 | bonds is authorized by a statute that exempts the debt | ||||||
16 | incurred on the bonds from the district's statutory debt | ||||||
17 | limitation. | ||||||
18 | (3) The bonds are issued, in one or more issuances, | ||||||
19 | not later than 5 years after the date of the referendum | ||||||
20 | approving the issuance of the bonds, but the aggregate | ||||||
21 | principal amount issued in all such bond issuances | ||||||
22 | combined must not exceed $34,500,000. | ||||||
23 | (4) The bonds are issued in accordance with this | ||||||
24 | Article. | ||||||
25 | (5) The proceeds of the bonds are used to accomplish | ||||||
26 | only those projects approved by the voters at an election |
| |||||||
| |||||||
1 | held on or after March 15, 2016. | ||||||
2 | The debt incurred on any bonds issued under this | ||||||
3 | subsection (p-125) and on any bonds
issued to refund or | ||||||
4 | continue to refund such bonds shall not be considered | ||||||
5 | indebtedness for
purposes of any statutory debt limitation. | ||||||
6 | Bonds issued under this subsection (p-125) and any
bonds | ||||||
7 | issued to refund or continue to refund such bonds must mature | ||||||
8 | within not to exceed 25
years from their date, notwithstanding | ||||||
9 | any other law, including Section 19-3 of this Code, to the
| ||||||
10 | contrary. | ||||||
11 | (p-130) In addition to all other authority to issue bonds, | ||||||
12 | Waltham Community Consolidated School District 185 may incur | ||||||
13 | indebtedness in an aggregate principal amount not to exceed | ||||||
14 | $9,500,000 to build and equip a new school building and | ||||||
15 | improve the site thereof, but only if all the following | ||||||
16 | conditions are met: | ||||||
17 | (1) A majority of the voters of the district voting on | ||||||
18 | an advisory question voted in favor of the question | ||||||
19 | regarding the use of funding sources to build a new school | ||||||
20 | building without increasing property tax rates at the | ||||||
21 | general election held on November 8, 2016. | ||||||
22 | (2) Prior to incurring the debt, the school board | ||||||
23 | enters into intergovernmental agreements with the City of | ||||||
24 | LaSalle to pledge moneys in a special tax allocation fund | ||||||
25 | associated with tax increment financing districts LaSalle | ||||||
26 | I and LaSalle III and with the Village of Utica to pledge |
| |||||||
| |||||||
1 | moneys in a special tax allocation fund associated with | ||||||
2 | tax increment financing district Utica I for the purposes | ||||||
3 | of repaying the debt issued pursuant to this subsection | ||||||
4 | (p-130). Notwithstanding any other provision of law to the | ||||||
5 | contrary, the intergovernmental agreement may extend these | ||||||
6 | tax increment financing districts as necessary to ensure | ||||||
7 | repayment of the debt. | ||||||
8 | (3) Prior to incurring the debt, the school board | ||||||
9 | determines, by resolution, that (i) the building and | ||||||
10 | equipping of a new school building is required as a result | ||||||
11 | of the age and condition of the district's existing | ||||||
12 | buildings and (ii) the debt is authorized by a statute | ||||||
13 | that exempts the debt from the district's statutory debt | ||||||
14 | limitation. | ||||||
15 | (4) The debt is incurred, in one or more issuances, | ||||||
16 | not later than January 1, 2021, and the aggregate | ||||||
17 | principal amount of debt issued in all such issuances | ||||||
18 | combined must not exceed $9,500,000. | ||||||
19 | The debt incurred under this subsection (p-130) and on any | ||||||
20 | bonds issued to pay, refund, or continue to refund such debt | ||||||
21 | shall not be considered indebtedness for purposes of any | ||||||
22 | statutory debt limitation. Debt issued under this subsection | ||||||
23 | (p-130) and any bonds issued to pay, refund, or continue to | ||||||
24 | refund such debt must mature within not to exceed 25 years from | ||||||
25 | their date, notwithstanding any other law, including Section | ||||||
26 | 19-11 of this Code and subsection (b) of Section 17 of the |
| |||||||
| |||||||
1 | Local Government Debt Reform Act, to the contrary. | ||||||
2 | (p-133) Notwithstanding the provisions of subsection (a) | ||||||
3 | of this Section or of any other law, bonds heretofore or | ||||||
4 | hereafter issued by East Prairie School District 73 with an | ||||||
5 | aggregate principal amount not to exceed $47,353,147 and | ||||||
6 | approved by the voters of the district at the general election | ||||||
7 | held on November 8, 2016, and any bonds issued to refund or | ||||||
8 | continue to refund the bonds, shall not be considered | ||||||
9 | indebtedness for the purposes of any statutory debt limitation | ||||||
10 | and may mature within not to exceed 25 years from their date, | ||||||
11 | notwithstanding any other law, including Section 19-3 of this | ||||||
12 | Code, to the contrary. | ||||||
13 | (p-135) In addition to all other authority to issue bonds, | ||||||
14 | Brookfield LaGrange Park School District Number 95 may issue | ||||||
15 | bonds with an aggregate principal amount not to exceed | ||||||
16 | $20,000,000, but only if all the following conditions are met: | ||||||
17 | (1) The voters of the district approve a proposition | ||||||
18 | for the bond issuance at an election held on or after April | ||||||
19 | 4, 2017. | ||||||
20 | (2) Prior to the issuance of the bonds, the school | ||||||
21 | board determines, by resolution, that (i) the additions | ||||||
22 | and renovations to the Brook Park Elementary and S. E. | ||||||
23 | Gross Middle School buildings are required to accommodate | ||||||
24 | enrollment growth, replace outdated facilities, and create | ||||||
25 | spaces consistent with 21st century learning and (ii) the | ||||||
26 | issuance of the bonds is authorized by a statute that |
| |||||||
| |||||||
1 | exempts the debt incurred on the bonds from the district's | ||||||
2 | statutory debt limitation. | ||||||
3 | (3) The bonds are issued, in one or more issuances, | ||||||
4 | not later than 5 years after the date of the referendum | ||||||
5 | approving the issuance of the bonds, but the aggregate | ||||||
6 | principal amount issued in all such bond issuances | ||||||
7 | combined must not exceed $20,000,000. | ||||||
8 | (4) The bonds are issued in accordance with this | ||||||
9 | Article. | ||||||
10 | (5) The proceeds of the bonds are used to accomplish | ||||||
11 | only those projects approved by the voters at an election | ||||||
12 | held on or after April 4, 2017. | ||||||
13 | The debt incurred on any bonds issued under this | ||||||
14 | subsection (p-135) and on any bonds issued to refund or | ||||||
15 | continue to refund such bonds shall not be considered | ||||||
16 | indebtedness for purposes of any statutory debt limitation. | ||||||
17 | (p-140) The debt incurred on any bonds issued by Wolf | ||||||
18 | Branch School District 113 under Section 17-2.11 of this Code | ||||||
19 | for the purpose of repairing or replacing all or a portion of a | ||||||
20 | school building that has been damaged by mine subsidence in an | ||||||
21 | aggregate principal amount not to exceed $17,500,000 and on | ||||||
22 | any bonds issued to refund or continue to refund those bonds | ||||||
23 | shall not be considered indebtedness for purposes of any | ||||||
24 | statutory debt limitation and must mature no later than 25 | ||||||
25 | years from the date of issuance, notwithstanding any other | ||||||
26 | provision of law to the contrary, including Section 19-3 of |
| |||||||
| |||||||
1 | this Code. The maximum allowable amount of debt exempt from | ||||||
2 | statutory debt limitations under this subsection (p-140) shall | ||||||
3 | be reduced by an amount equal to any grants awarded by the | ||||||
4 | State Board of Education or Capital Development Board for the | ||||||
5 | explicit purpose of repairing or reconstructing a school | ||||||
6 | building damaged by mine subsidence. | ||||||
7 | (p-145) In addition to all other authority to issue bonds, | ||||||
8 | Greenview Community Unit School District 200 may issue bonds | ||||||
9 | with an aggregate principal amount not to exceed $3,500,000, | ||||||
10 | but only if all of the following conditions are met: | ||||||
11 | (1) The voters of the district approve a proposition | ||||||
12 | for the bond issuance at an election held on March 17, | ||||||
13 | 2020. | ||||||
14 | (2) Prior to the issuance of the bonds, the school | ||||||
15 | board determines, by resolution, that the bonding is | ||||||
16 | necessary for construction and expansion of the district's | ||||||
17 | kindergarten through grade 12 facility. | ||||||
18 | (3) The bonds are issued, in one or more issuances, | ||||||
19 | not
later than 5 years after the date of the referendum
| ||||||
20 | approving the issuance of the bonds, but the aggregate
| ||||||
21 | principal amount issued in all such bond issuances | ||||||
22 | combined
must not exceed
$3,500,000. | ||||||
23 | (4) The bonds are issued in accordance with this | ||||||
24 | Article. | ||||||
25 | (5) The proceeds of the bonds are used to accomplish | ||||||
26 | only the projects approved by the voters at an election |
| |||||||
| |||||||
1 | held on March 17, 2020. | ||||||
2 | The debt incurred on any bonds issued under this | ||||||
3 | subsection (p-145) and on any bonds issued to refund or | ||||||
4 | continue to refund such bonds shall not be considered | ||||||
5 | indebtedness for purposes of any statutory debt limitation. | ||||||
6 | Bonds issued under this subsection (p-145) and any bonds | ||||||
7 | issued to refund or continue to refund such bonds must mature | ||||||
8 | within not to exceed 25 years from their date, notwithstanding | ||||||
9 | any other law, including Section 19-3 of this Code, to the | ||||||
10 | contrary. | ||||||
11 | (p-150) In addition to all other authority to issue bonds, | ||||||
12 | Komarek School District 94 may issue bonds with an aggregate | ||||||
13 | principal amount not to exceed $20,800,000, but only if all of | ||||||
14 | the following conditions are met: | ||||||
15 | (1) The voters of the district approve a proposition | ||||||
16 | for the bond issuance at an election held on or after March | ||||||
17 | 17, 2020. | ||||||
18 | (2) Prior to the issuance of the bonds, the school | ||||||
19 | board determines, by resolution, that (i) building and | ||||||
20 | equipping additions to, altering, repairing, equipping, or | ||||||
21 | demolishing a portion of, or improving the site of the | ||||||
22 | district's existing school building is required as a | ||||||
23 | result of the age and condition of the existing building | ||||||
24 | and (ii) the issuance of the bonds is authorized by a | ||||||
25 | statute that exempts the debt incurred on the bonds from | ||||||
26 | the district's statutory debt limitation. |
| |||||||
| |||||||
1 | (3) The bonds are issued, in one or more issuances, no | ||||||
2 | later than 5 years after the date of the referendum | ||||||
3 | approving the issuance of the bonds, but the aggregate | ||||||
4 | principal amount issued in all of the bond issuances | ||||||
5 | combined may not exceed $20,800,000. | ||||||
6 | (4) The bonds are issued in accordance with this | ||||||
7 | Article. | ||||||
8 | (5) The proceeds of the bonds are used to accomplish | ||||||
9 | only those projects approved by the voters at an election | ||||||
10 | held on or after March 17, 2020. | ||||||
11 | The debt incurred on any bonds issued under this | ||||||
12 | subsection (p-150) and on any bonds issued to refund or | ||||||
13 | continue to refund those bonds may not be considered | ||||||
14 | indebtedness for purposes of any statutory debt limitation. | ||||||
15 | Notwithstanding any other law to the contrary, including | ||||||
16 | Section 19-3, bonds issued under this subsection (p-150) and | ||||||
17 | any bonds issued to refund or continue to refund those bonds | ||||||
18 | must mature within 30 years from their date of issuance. | ||||||
19 | (p-155) In addition to all other authority to issue bonds, | ||||||
20 | Williamsville Community Unit School District 15 may issue | ||||||
21 | bonds with an aggregate principal amount not to exceed | ||||||
22 | $40,000,000, but only if all of the following conditions are | ||||||
23 | met: | ||||||
24 | (1) The voters of the school district approve a | ||||||
25 | proposition for the bond issuance at an election held on | ||||||
26 | March 17, 2020. |
| |||||||
| |||||||
1 | (2) Prior to the issuance of the bonds, the school | ||||||
2 | board determines, by resolution, that the projects set | ||||||
3 | forth in the proposition for the bond issuance were and | ||||||
4 | are required because of the age and condition of the | ||||||
5 | school district's existing school buildings. | ||||||
6 | (3) The bonds are issued, in one or more issuances, | ||||||
7 | not
later than 5 years after the date of the referendum
| ||||||
8 | approving the issuance of the bonds, but the aggregate
| ||||||
9 | principal amount issued in all such bond issuances | ||||||
10 | combined
must not exceed
$40,000,000. | ||||||
11 | (4) The bonds are issued in accordance with this | ||||||
12 | Article. | ||||||
13 | (5) The proceeds of the bonds are used to accomplish | ||||||
14 | only the projects approved by the voters at an election | ||||||
15 | held on March 17, 2020. | ||||||
16 | The debt incurred on any bonds issued under this | ||||||
17 | subsection (p-155) and on any bonds issued to refund or | ||||||
18 | continue to refund such bonds shall not be considered | ||||||
19 | indebtedness for purposes of any statutory debt limitation. | ||||||
20 | Bonds issued under this subsection (p-155) and any bonds | ||||||
21 | issued to refund or continue to refund such bonds must mature | ||||||
22 | within not to exceed 25 years from their date, notwithstanding | ||||||
23 | any other law, including Section 19-3 of this Code, to the | ||||||
24 | contrary. | ||||||
25 | (p-160) In addition to all other authority to issue bonds, | ||||||
26 | Berkeley School District 87 may issue bonds with an aggregate |
| |||||||
| |||||||
1 | principal amount not to exceed $105,000,000, but only if all | ||||||
2 | of the following conditions are met: | ||||||
3 | (1) The voters of the district approve a proposition | ||||||
4 | for the bond issuance at the general primary election held | ||||||
5 | on March 17, 2020. | ||||||
6 | (2) Prior to the issuance of the bonds, the school | ||||||
7 | board determines, by resolution, that (i) building and | ||||||
8 | equipping a school building to replace the Sunnyside | ||||||
9 | Intermediate and MacArthur Middle School buildings; | ||||||
10 | building and equipping additions to and altering, | ||||||
11 | repairing, and equipping the Riley Intermediate and | ||||||
12 | Northlake Middle School buildings; altering, repairing, | ||||||
13 | and equipping the Whittier Primary and Jefferson Primary | ||||||
14 | School buildings; improving sites; renovating | ||||||
15 | instructional spaces; providing STEM (science, technology, | ||||||
16 | engineering, and mathematics) labs; and constructing life | ||||||
17 | safety, security, and infrastructure improvements are | ||||||
18 | required to replace outdated facilities and to provide | ||||||
19 | safe spaces consistent with 21st century learning and (ii) | ||||||
20 | the issuance of bonds is authorized by a statute that | ||||||
21 | exempts the debt incurred on the bonds from the district's | ||||||
22 | statutory debt limitation. | ||||||
23 | (3) The bonds are issued, in one or more issuances, | ||||||
24 | not later than 5 years after the date of the referendum | ||||||
25 | approving the issuance of the bonds, but the aggregate | ||||||
26 | principal amount issued in all such bond issuances |
| |||||||
| |||||||
1 | combined must not exceed $105,000,000. | ||||||
2 | (4) The bonds are issued in accordance with this | ||||||
3 | Article. | ||||||
4 | (5) The proceeds of the bonds are used to accomplish | ||||||
5 | only those projects approved by the voters at the general | ||||||
6 | primary election held on March 17, 2020. | ||||||
7 | The debt incurred on any bonds issued under this | ||||||
8 | subsection (p-160) and on any bonds issued to refund or | ||||||
9 | continue to refund such bonds shall not be considered | ||||||
10 | indebtedness for purposes of any statutory debt limitation. | ||||||
11 | (p-165) In addition to all other authority to issue bonds, | ||||||
12 | Elmwood Park
Community Unit School District 401 may issue | ||||||
13 | bonds with an aggregate principal amount
not to exceed | ||||||
14 | $55,000,000, but only if all of the following conditions are | ||||||
15 | met: | ||||||
16 | (1) The voters of the district approve a proposition | ||||||
17 | for the bond issuance at an election held
on or after March | ||||||
18 | 17, 2020. | ||||||
19 | (2) Prior to the issuance of the bonds, the school | ||||||
20 | board determines, by resolution, that (i) the
building and | ||||||
21 | equipping of an addition to the John Mills Elementary | ||||||
22 | School building; the
renovating, altering, repairing, and | ||||||
23 | equipping of the John Mills and Elmwood Elementary School
| ||||||
24 | buildings; the installation of safety and security | ||||||
25 | improvements; and the improvement of school
sites are | ||||||
26 | required as a result of the age and condition of the |
| |||||||
| |||||||
1 | district's existing school buildings and
(ii) the issuance | ||||||
2 | of bonds is authorized by a statute that exempts the debt | ||||||
3 | incurred on the bonds
from the district's statutory debt | ||||||
4 | limitation. | ||||||
5 | (3) The bonds are issued, in one or more issuances, | ||||||
6 | not later than 5 years after the date of
the referendum | ||||||
7 | approving the issuance of the bonds, but the aggregate | ||||||
8 | principal amount issued in
all such bond issuances | ||||||
9 | combined must not exceed $55,000,000. | ||||||
10 | (4) The bonds are issued in accordance with this | ||||||
11 | Article. | ||||||
12 | (5) The proceeds of the bonds are used to accomplish | ||||||
13 | only the projects approved by the
voters at an election | ||||||
14 | held on or after March 17, 2020. | ||||||
15 | The debt incurred on any bonds issued under this | ||||||
16 | subsection (p-165) and on any bonds issued to refund or | ||||||
17 | continue to refund such bonds shall not be considered | ||||||
18 | indebtedness for purposes of any statutory debt limitation. | ||||||
19 | Bonds issued under this subsection (p-165) and any bonds | ||||||
20 | issued to refund or continue to refund such bonds must mature | ||||||
21 | within not to exceed 25 years from their date, notwithstanding | ||||||
22 | any other law, including Section 19-3 of this Code, to the | ||||||
23 | contrary. | ||||||
24 | (p-170) In addition to all other authority to issue bonds, | ||||||
25 | Maroa-Forsyth Community Unit School District 2 may issue bonds | ||||||
26 | with an aggregate principal amount not to exceed $33,000,000, |
| |||||||
| |||||||
1 | but only if all of the following conditions are met: | ||||||
2 | (1) The voters of the school district approve a | ||||||
3 | proposition for the bond issuance at an election held on | ||||||
4 | March 17, 2020. | ||||||
5 | (2) Prior to the issuance of the bonds, the school | ||||||
6 | board determines, by resolution, that the projects set | ||||||
7 | forth in the proposition for the bond issuance were and | ||||||
8 | are required because of the age and condition of the | ||||||
9 | school district's existing school buildings. | ||||||
10 | (3) The bonds are issued, in one or more issuances, | ||||||
11 | not
later than 5 years after the date of the referendum
| ||||||
12 | approving the issuance of the bonds, but the aggregate
| ||||||
13 | principal amount issued in all such bond issuances | ||||||
14 | combined
must not exceed
$33,000,000. | ||||||
15 | (4) The bonds are issued in accordance with this | ||||||
16 | Article. | ||||||
17 | (5) The proceeds of the bonds are used to accomplish | ||||||
18 | only the projects approved by the voters at an election | ||||||
19 | held on March 17, 2020. | ||||||
20 | The debt incurred on any bonds issued under this | ||||||
21 | subsection (p-170) and on any bonds issued to refund or | ||||||
22 | continue to refund such bonds shall not be considered | ||||||
23 | indebtedness for purposes of any statutory debt limitation. | ||||||
24 | Bonds issued under this subsection (p-170) and any bonds | ||||||
25 | issued to refund or continue to refund such bonds must mature | ||||||
26 | within not to exceed 25 years from their date, notwithstanding |
| |||||||
| |||||||
1 | any other law, including Section 19-3 of this Code, to the | ||||||
2 | contrary. | ||||||
3 | (p-175) In addition to all other authority to issue bonds, | ||||||
4 | Schiller Park School District 81 may issue bonds with an | ||||||
5 | aggregate principal amount not to exceed $30,000,000, but only | ||||||
6 | if all of the following conditions are met: | ||||||
7 | (1) The voters of the district approve a proposition | ||||||
8 | for the bond issuance at an election held on or after March | ||||||
9 | 17, 2020. | ||||||
10 | (2) Prior to the issuance of the bonds, the school | ||||||
11 | board determines, by resolution, that (i) building and | ||||||
12 | equipping a school building to replace the Washington | ||||||
13 | Elementary School building, installing fire suppression | ||||||
14 | systems, security systems, and federal Americans with | ||||||
15 | Disability Act of 1990 compliance measures, acquiring | ||||||
16 | land, and improving the site are required to accommodate | ||||||
17 | enrollment growth, replace an outdated facility, and | ||||||
18 | create spaces consistent with 21st century learning and | ||||||
19 | (ii) the issuance of bonds is authorized by a statute that | ||||||
20 | exempts the debt incurred on the bonds from the district's | ||||||
21 | statutory debt limitation. | ||||||
22 | (3) The bonds are issued, in one or more issuances, | ||||||
23 | not later than 5 years after the date of the referendum | ||||||
24 | approving the issuance of the bonds, but the aggregate | ||||||
25 | principal amount issued in all such bond issuances | ||||||
26 | combined must not exceed $30,000,000. |
| |||||||
| |||||||
1 | (4) The bonds are issued in accordance with this | ||||||
2 | Article. | ||||||
3 | (5) The proceeds of the bonds are used to accomplish | ||||||
4 | only the projects approved by the voters at an election | ||||||
5 | held on or after March 17, 2020. | ||||||
6 | The debt incurred on any bonds issued under this | ||||||
7 | subsection (p-175) and on any bonds issued to refund or | ||||||
8 | continue to refund such bonds shall not be considered | ||||||
9 | indebtedness for purposes of any statutory debt limitation. | ||||||
10 | Bonds issued under this subsection (p-175) and any bonds | ||||||
11 | issued to refund or continue to refund such bonds must mature | ||||||
12 | within not to exceed 27 years from their date, notwithstanding | ||||||
13 | any other law, including Section 19-3 of this Code, to the | ||||||
14 | contrary. | ||||||
15 | (p-180) In addition to all other authority to issue bonds, | ||||||
16 | Iroquois County Community Unit School District 9 may issue | ||||||
17 | bonds with an aggregate principal amount not to exceed | ||||||
18 | $17,125,000, but only if all of the following conditions are | ||||||
19 | met: | ||||||
20 | (1) The voters of the district approve a proposition | ||||||
21 | for the bond issuance at an election held on or after April | ||||||
22 | 6, 2021. | ||||||
23 | (2) Prior to the issuance of the bonds, the school | ||||||
24 | board determines, by resolution, that (i) building and | ||||||
25 | equipping a new school building in the City of Watseka; | ||||||
26 | altering, repairing, renovating, and equipping portions of |
| |||||||
| |||||||
1 | the existing facilities of the district; and making site | ||||||
2 | improvements is necessary because of the age and condition | ||||||
3 | of the district's existing school facilities and (ii) the | ||||||
4 | issuance of bonds is authorized by a statute that exempts | ||||||
5 | the debt incurred on the bonds from the district's | ||||||
6 | statutory debt limitation. | ||||||
7 | (3) The bonds are issued, in one or more issuances, | ||||||
8 | not later than 5 years after the date of the referendum | ||||||
9 | approving the issuance of the bonds, but the aggregate | ||||||
10 | principal amount issued in all such bond issuances | ||||||
11 | combined must not exceed $17,125,000. | ||||||
12 | (4) The bonds are issued in accordance with this | ||||||
13 | Article. | ||||||
14 | (5) The proceeds of the bonds are used to accomplish | ||||||
15 | only the projects approved by the voters at an election | ||||||
16 | held on or after April 6, 2021. | ||||||
17 | The debt incurred on any bonds issued under this | ||||||
18 | subsection (p-180) and on any bonds issued to refund or | ||||||
19 | continue to refund such bonds shall not be considered | ||||||
20 | indebtedness for purposes of any statutory debt limitation. | ||||||
21 | Bonds issued under this subsection (p-180) and any bonds | ||||||
22 | issued to refund or continue to refund such bonds must mature | ||||||
23 | within not to exceed 25 years from their date, notwithstanding | ||||||
24 | any other law, including Section 19-3 of this Code, to the | ||||||
25 | contrary. | ||||||
26 | (p-185) In addition to all other authority to issue bonds, |
| |||||||
| |||||||
1 | Field Community Consolidated School District 3 may issue bonds | ||||||
2 | with an aggregate principal amount not to exceed $2,600,000, | ||||||
3 | but only if all of the following conditions are met: | ||||||
4 | (1) The voters of the district approve a proposition | ||||||
5 | for the bond issuance at an election held on or after April | ||||||
6 | 6, 2021. | ||||||
7 | (2) Prior to the issuance of the bonds, the school | ||||||
8 | board determines, by resolution, that (i) it is necessary | ||||||
9 | to alter, repair, renovate, and equip the existing | ||||||
10 | facilities of the district, including, but not limited to, | ||||||
11 | roof replacement, lighting replacement, electrical | ||||||
12 | upgrades, restroom repairs, and gym renovations, and make | ||||||
13 | site improvements because of the age and condition of the | ||||||
14 | district's existing school facilities and (ii) the | ||||||
15 | issuance of bonds is authorized by a statute that exempts | ||||||
16 | the debt incurred on the bonds from the district's | ||||||
17 | statutory debt limitation. | ||||||
18 | (3) The bonds are issued, in one or more issuances, | ||||||
19 | not later than 5 years after the date of the referendum | ||||||
20 | approving the issuance of the bonds, but the aggregate | ||||||
21 | principal amount issued in all such bond issuances | ||||||
22 | combined must not exceed $2,600,000. | ||||||
23 | (4) The bonds are issued in accordance with this | ||||||
24 | Article. | ||||||
25 | (5) The proceeds of the bonds are used to accomplish | ||||||
26 | only the projects approved by the voters at an election |
| |||||||
| |||||||
1 | held on or after April 6, 2021. | ||||||
2 | The debt incurred on any bonds issued under this | ||||||
3 | subsection (p-185) and on any bonds issued to refund or | ||||||
4 | continue to refund such bonds shall not be considered | ||||||
5 | indebtedness for purposes of any statutory debt limitation. | ||||||
6 | Bonds issued under this subsection (p-185) and any bonds | ||||||
7 | issued to refund or continue to refund such bonds must mature | ||||||
8 | within not to exceed 25 years from their date, notwithstanding | ||||||
9 | any other law, including Section 19-3 of this Code, to the | ||||||
10 | contrary. | ||||||
11 | (q) A school district must notify the State Board of | ||||||
12 | Education prior to issuing any form of long-term or short-term | ||||||
13 | debt that will result in outstanding debt that exceeds 75% of | ||||||
14 | the debt limit specified in this Section or any other | ||||||
15 | provision of law.
| ||||||
16 | (Source: P.A. 100-531, eff. 9-22-17; 100-650, eff. 7-31-18; | ||||||
17 | 100-863, eff. 8-14-18; 101-646, eff. 6-26-20.)
| ||||||
18 | Section 10. The School Construction Law is amended by | ||||||
19 | changing Section 5-40 as follows:
| ||||||
20 | (105 ILCS 230/5-40)
| ||||||
21 | Sec. 5-40. Supervision of school construction projects; | ||||||
22 | green projects. The Capital
Development Board shall exercise | ||||||
23 | general supervision over school construction
projects financed | ||||||
24 | pursuant to this Article. School districts, however, must be |
| |||||||
| |||||||
1 | allowed to choose the architect and engineer for their school | ||||||
2 | construction projects, and no project may be disapproved by | ||||||
3 | the State Board of Education or the Capital Development Board | ||||||
4 | solely due to a school district's selection of an architect or | ||||||
5 | engineer.
| ||||||
6 | With respect to those school construction projects for | ||||||
7 | which a school district first applies for a grant on or after | ||||||
8 | July 1, 2007, the school construction project must receive | ||||||
9 | certification from the United States Green Building Council's | ||||||
10 | Leadership in Energy and Environmental Design Green Building | ||||||
11 | Rating System or the Green Building Initiative's Green Globes | ||||||
12 | Green Building Rating System or must meet green building | ||||||
13 | standards of the Capital Development Board and its Green | ||||||
14 | Building Advisory Committee. With respect to those school | ||||||
15 | construction projects for which a school district applies for | ||||||
16 | a grant on or after July 1, 2009, the school construction | ||||||
17 | project must receive silver certification from the United | ||||||
18 | States Green Building Council's Leadership in Energy and | ||||||
19 | Environmental Design Green Building Rating System unless all | ||||||
20 | of the following are met: | ||||||
21 | (1) (blank); the application submitted can be | ||||||
22 | categorized as a capital need prioritized under item (1) | ||||||
23 | of Section 5-30 of this Law; | ||||||
24 | (2) (blank); the renovation or replacement school | ||||||
25 | construction project is less than 40% replacement cost, or | ||||||
26 | the project has been granted a waiver by the Capital |
| |||||||
| |||||||
1 | Development Board in consultation with the State Board of | ||||||
2 | Education in accordance with rules promulgated pursuant to | ||||||
3 | this Law; | ||||||
4 | (3) the school construction project is located in a | ||||||
5 | county with a population of more than 38,000 and less than | ||||||
6 | 39,000 that borders the Mississippi River with a | ||||||
7 | population of more than 33,000 and less than 34,000 , | ||||||
8 | according to the 2010 decennial census; | ||||||
9 | (4) the school district for which the school | ||||||
10 | construction grant will be issued has no more than 500 | ||||||
11 | 1,100 students, with the relevant school facility housing | ||||||
12 | no more than 150 700 students; | ||||||
13 | (5) the facilities for which the school construction | ||||||
14 | grant will be used have been in use as of August 2019 | ||||||
15 | condemned as of July 23, 2012 ; and | ||||||
16 | (6) the application for the school construction grant | ||||||
17 | has been approved prior to the effective date of this | ||||||
18 | amendatory Act of the 102nd 98th General Assembly.
| ||||||
19 | (Source: P.A. 98-623, eff. 1-7-14.)
| ||||||
20 | Section 99. Effective date. This Act takes effect upon | ||||||
21 | becoming law.
|