Any such contract shall reserve reasonable rentals or other charges payable to the District sufficient to pay the cost of maintaining, repairing, regulating and operating the facilities and to pay principal of and interest on any revenue bonds issued by the District and may contain such other conditions as may be mutually agreed upon. However, upon the breach of such a contract or if no contract is in existence as to any such facility, the District shall temporarily operate such facility until a contract for its operation can be negotiated.
70 ILCS 1810/5.01
Any public warehouse or other public storage facility owned or otherwise controlled by the District shall be operated by persons under contracts with the District
Known as the Illinois International Port District Act
The act spans §§ 70-1810-1 to 70-1810-9-03 (37 sections).
Laws 1955, p. 28.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.