(70 ILCS 1832/35)
Contracts for operation of warehouses and storage facilities.
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 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 the principal of and interest on any revenue bonds issued by the district
and may contain any 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 shall temporarily operate
the facility until a contract for its operation can be negotiated.
(Source: P.A. 90-636, eff. 7-24-98.)