https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8067212&GUID=1112B069-3D4F-4682-A671-B7F78E93D970Legistar15https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=8067212&GUID=1112B069-3D4F-4682-A671-B7F78E93D9701112B069-3D4F-4682-A671-B7F78E93D970-2026-06-10-21-34-40Title: PROPOSED ORDINANCE AN ORDINANCE authorizing the creation of a local taxing jurisdiction loan program and, to fund such program, authorizing and providing for the execution and delivery of a line of credit agreement and the issuance of general obligation tax anticipation notes evidencing borrowings by the County under a non-revolving line of credit. WHEREAS, Section 6(a) of Article VII of the 1970 Constitution of the State of Illinois provides that “a County which has a Chief Executive Officer elected by the electors of the County ... (is) a Home Rule Unit” and The County of Cook, Illinois (the “County”), has a Chief Executive Officer elected by the electors of the County and is therefore a Home Rule Unit and may, under the power granted by said Section 6(a) of Article VII of the 1970 Constitution of the State of Illinois, as supplemented by the Local Government Debt Reform Act of the State of Illinois, as amended, and the other Omnibus Bond Acts, as amended, exercise any power and perform any function pertaining to its government and affairs, including, but not limited to, the Wed, 10 Jun 2026 21:34:40 GMT