(65 ILCS 5/11-102-9) (from Ch. 24, par. 11-102-9)
Sec. 11-102-9.
Every municipality specified in Section 11-102-1 may secure
grants and loans, or either, from the United States government, or any
agency thereof, for financing the establishment and construction of any
airport, or any part thereof, authorized by this Division 102. For such
purposes it may issue and sell or pledge to the United States government,
or any agency thereof, all or any part of the revenue bonds authorized
under Section 11-102-6, and execute contracts and documents and do all
things that may be required by the United States government, or any agency
thereof, provided that such contracts and documents do not conflict with
the provisions of any ordinance authorizing and securing the payment of
outstanding bonds of the municipality theretofore issued that are payable
from the revenues derived from the operation of the airport or airports or
from any buildings, structures or facilities thereof or relating thereto.
(Source: Laws 1961, p. 576.)
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