{"data":{"id":"us-il/70-ilcs-1205-6-3","jurisdiction":"us-il","citation":"70 ILCS 1205/6-3","heading":"","body":"The question as to the increase of the authorized aggregate principal indebtedness of a park district under Section 6-2 hereof shall be submitted to the voters of the district at the next regular election in accordance with the general election law. The proposition as to the increase of the authorized aggregate principal indebtedness shall be in substantially the following form:\n--------------------------------------------------------------\nShall the authorized aggregate\nprincipal indebtedness of the.... YES\nPark District (naming it) be increased ---------------------\nto not more than.... per centum of the NO\nvalue of the taxable property therein?\n--------------------------------------------------------------\nIf a majority of the votes cast upon the proposition are in the affirmative, the increase of the authorized aggregate principal indebtedness shall be deemed approved.","path":["CHAPTER 70 SPECIAL DISTRICTS","Park District Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=892\u0026ChapterID=15\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:24Z","sha256":"b2350a4f1299ed7969172084b1fddd6f634bfd2652be181d84c4d319ee248e83","source_id":"us-il","stale":false,"prev":"us-il/70-ilcs-1205-6-2","next":"us-il/70-ilcs-1205-6-4"},"notice":"GroundRules: Original legal text. Not legal advice."}
