(70 ILCS 1807/35)
Contracts for the operation of warehouses and storage
Any public warehouse or other public storage facility owned or otherwise
the district shall be operated by persons under contracts with the district.
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 the
principal of and interest on any revenue bonds issued by the district and may
other conditions that may be mutually agreed upon.
However, upon the breach of a
contract or if no contract is in existence as to any facility, the district
operate the facility until a contract for its operation can be negotiated.
(Source: P.A. 93-262, eff. 7-22-03.)