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65 ILCS 5/11-122.1-2

Any municipality may contract for the operation of privately owned, local passenger transportation system or a portion thereof within its corporate limits or within a radius of one-half mile thereof upon terms satisfactory to it and to the owner of such system

P.A. 76-100.

By the contract, the municipality may bind itself to pay to the owner and operator such sums as may be agreed upon by the municipality.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.