Illinois General Assembly - Illinois Compiled Statutes

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70 ILCS 2405/8.1

(70 ILCS 2405/8.1) (from Ch. 42, par. 307.1)

Sec. 8.1.

Every such sanitary district shall also have the power to lease
to others for any period of time, not exceeding 50 years, upon such terms
as its board of trustees may determine, any real estate, right-of-way, or
privilege, or any interest therein, or any part thereof, acquired by it
which, in the opinion of the board of trustees of such sanitary district,
is no longer required for its corporate purposes or which may not be
immediately needed for such purposes, and such leases may contain such
conditions and retain such interests therein as may be deemed for the best
interest of such sanitary district by such board of trustees; also any such
sanitary district shall have the right to grant easements and permits for
the use of any such real property, right-of-way, or privilege, which will
not in the opinion of the board of trustees of such sanitary district,
interfere with the use thereof by such sanitary district for its corporate
purposes, and such easements and permits may contain such conditions and
retain such interests therein as may be deemed for the best interests of
such sanitary district by such board of trustees.

(Source: P.A. 101-128, eff. 7-26-19.)