(A) The Clerk shall keep in the Village Clerk’s office in a book or books kept expressly for that purpose a correct list of all the outstanding bonds of the village, showing the number and amount of each, for and to whom the bonds are issued; and, when the village bonds are issued, or purchased, paid or cancelled, the book or books shall show that fact.
(B) In the Village Clerk’s annual report, the Clerk shall describe particularly the bonds sold during the year and the terms of sale with each and every item of expense thereof.
(Prior Code, § 1-2-64)
Statutory reference:
Related provisions, see 65 ILCS 5/3.1-35-110