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Code · Illinois · Chapter 110 — HIGHER EDUCATION · Act 805

Sec. 5A-60. Available funds.

69 words·~1 min read·/il/chapter-110/act-805/5a-60

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Sec. 5A-60. Available funds. A community college district may use funds designated for operating or capital expenditures for any guaranteed energy savings contract including purchases using installment payment contracts or lease purchase agreements. A community college district that enters into such a contract or agreement may covenant in such contract or agreement that payments made thereunder shall be payable from the first funds legally available in each fiscal year.
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