(70 ILCS 1810/5.01) (from Ch. 19, par. 156.1)
Sec. 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. 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.
(Source: Laws 1955, p. 28.)
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