(70 ILCS 1835/6.1) (from Ch. 19, par. 706.1)
Sec. 6.1.
The District may lease to others for any period of time, not to exceed
99 years, upon such terms as its Board may determine, any of its real
property, rights of way or privileges, or any interest therein or any part
thereof, for industrial, manufacturing, commercial, or harbor purposes,
which, in the opinion of the Port District Board is no longer required for
its primary purposes in the development of port and harbor facilities for
the use of public transportation, or which may not be immediately needed
for such purposes, but where such leases will in the opinion of the Port
District Board aid and promote such purposes, and in conjunction with such
leases, the District may grant rights of way and privileges across the
property of the District, which rights of way and privileges may be
assignable and irrevocable during the term of any such lease and may
include the right to enter upon the property of the District to do such
things as may be necessary for the enjoyment of such leases, rights of way
and privileges, and such leases may contain such conditions and retain such
interest therein as may be deemed for the best interest of the District by
such Board.
(Source: P.A. 76-1788.)
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