(65 ILCS 5/11-48.3-4) (from Ch. 24, par. 11-48.3-4)
Sec. 11-48.3-4.
It shall be the duty of the Authority
to arrange, finance and maintain zoological, educational
and scientific exhibits in the metropolitan area and to
construct, equip and maintain zoological buildings, grounds
and office buildings for such purposes. The provision of
office space for rental and lease and the lease of air space
over and appurtenant to such structures shall be deemed an
integral function of the Authority. The Authority is granted
all rights and powers necessary to perform such duties.
(Source: P.A. 86-279.)
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(65 ILCS 5/11-48.3-5) (from Ch. 24, par. 11-48.3-5)
Sec. 11-48.3-5.
The Authority shall have the following rights and duties:
(a) To acquire, own, construct, lease, operate and maintain zoological
buildings, office buildings and associated facilities and grounds,
to fix and collect just, reasonable and nondiscriminatory charges for the
use of such facilities, and to lease air space over and appurtenant to such
facilities. The charges so collected shall be made available to defray the
reasonable expenses of the Authority and to pay the principal of and the
interest upon any bonds issued by the Authority.
(b) To enter into contracts treating in any manner with the objects and
purposes of this Division.
(Source: P.A. 86-279.)
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(65 ILCS 5/11-48.3-6) (from Ch. 24, par. 11-48.3-6)
Sec. 11-48.3-6.
The Authority shall not incur any obligations for
salaries, office or administrative expenses except within the amounts of
funds which will be available to it when such obligations become payable.
(Source: P.A. 86-279.)
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(65 ILCS 5/11-48.3-7) (from Ch. 24, par. 11-48.3-7)
Sec. 11-48.3-7.
Purchases made pursuant to this Division shall be made in
compliance with the "Local Government Prompt Payment Act", approved
September 21, 1985, as now or hereafter amended.
(Source: P.A. 86-279.)
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