SB3541 extends the completion date for a redevelopment project in Paris, Illinois.
SB3541 amends the Illinois Municipal Code to extend the estimated date of completion for a redevelopment project in Paris, Illinois, which was originally established by an ordinance adopted on January 1, 2006. The bill specifies that the completion date for this project, along with the retirement of obligations issued to finance the project, may not be later than December 31 of the year in which the payment to the municipal treasurer is due. The bill takes effect immediately upon becoming law.
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