(20 ILCS 840/9) (from Ch. 105, par. 468k-4)
Sec. 9.
The Department of Natural Resources (formerly designated the
Department of Conservation), is authorized to lease, in whole or in
part, to the City of Kankakee, or its successors or assigns, for a period not
to exceed 60 years, the Kankakee River Dam at Kankakee, Illinois, and the
necessary State owned land, surplus waters and appurtenances for hydropower
development. All such leased property shall be deemed a part of the electric
system of the City of Kankakee, Illinois, and that City is hereby
expressly authorized in connection therewith to acquire, construct, own,
operate and maintain without its corporate limits electric generating
facilities and appurtenances at or near said Kankakee Dam. All revenue
received from such leases shall be deposited in the State Treasury in the
special fund known as the State Parks Fund and shall be used only for those
purposes described in Section 8.11 of the State Finance Act.
(Source: P.A. 89-445, eff. 2-7-96.)
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