Yes, and not to mention that the whole thing was rejected by voters in 2012 and this entire effort is a fundamentally anti-democratic effort to undo the will of the voters. It's not unreasonable to have another referendum, though..
I think the legal stuff is unknown, not because I'm not a lawyer (I AM just a local idiot) but because it's …
Yes, and not to mention that the whole thing was rejected by voters in 2012 and this entire effort is a fundamentally anti-democratic effort to undo the will of the voters. It's not unreasonable to have another referendum, though..
I think the legal stuff is unknown, not because I'm not a lawyer (I AM just a local idiot) but because it's actually untested legal waters. The whole basis for the lease certificate is that the IL Debt Reform Act supercedes the School Code when it comes to funding construction .. but like, I see no evidence why this is actually true besides claims from various District and Wall St. lawyers, being paid to say that. I don't think anyone has ever really sued and had a court rule on whether this is actually a legitimate funding mechanism. The case in Wheaton settled long before reaching that point.
I think if someone sued, literally anything could happen because there's not a ton of law on this. There is really no lease certificate situation like this before in the history of Illinois. Evanston, always the political innovators..
Yes, and not to mention that the whole thing was rejected by voters in 2012 and this entire effort is a fundamentally anti-democratic effort to undo the will of the voters. It's not unreasonable to have another referendum, though..
I think the legal stuff is unknown, not because I'm not a lawyer (I AM just a local idiot) but because it's actually untested legal waters. The whole basis for the lease certificate is that the IL Debt Reform Act supercedes the School Code when it comes to funding construction .. but like, I see no evidence why this is actually true besides claims from various District and Wall St. lawyers, being paid to say that. I don't think anyone has ever really sued and had a court rule on whether this is actually a legitimate funding mechanism. The case in Wheaton settled long before reaching that point.
I think if someone sued, literally anything could happen because there's not a ton of law on this. There is really no lease certificate situation like this before in the history of Illinois. Evanston, always the political innovators..