All property of every kind owned by the Port District shall be exempt from taxation, provided that a tax may be levied upon a lessee of the Port District by reason of the value of a leasehold estate separate and apart from the fee simple title, or upon such improvements as are constructed and owned by others than the Port District.
70 ILCS 1805/2
Known as the Havana Regional Port District Act
The act spans §§ 70-1805-0-01 to 70-1805-9 (42 sections).
Laws 1967, p. 3589.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.