Illinois General Assembly - Illinois Compiled Statutes

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60 ILCS 1/115-90

(60 ILCS 1/115-90)

Sec. 115-90.

Lease of lands.

The board may lease land for a period not
longer than 50 years from the date of the lease to a responsible person, firm,
or corporation for construction, reconstruction, alteration, renewal,
equipment, furnishing, extension, development, operation and maintenance of
lodges, housekeeping and sleeping cabins, swimming pools, golf courses,
campgrounds, sand beaches, marinas, convention and entertainment centers, roads
and parking areas, and other related buildings and facilities.  In any lease of
land leased under this Section, upon expiration of the lease title to all
structures on the leased land shall be vested in the township.

(Source: P.A. 88-670, eff. 12-2-94.)