(70 ILCS 1815/7) (from Ch. 19, par. 807)
Sec. 7.
Any public warehouse or other public storage or transportation facility
owned or otherwise controlled by the Port District shall be operated by
persons under contracts with the Port District. Any such contract shall
reserve reasonable rentals or other charges payable to the Port District
sufficient to pay the cost of maintaining, repairing, regulating and
operating the facilities and to pay principal and interest upon any revenue
bonds issued by the Port District and may contain such other conditions as
may be mutually agreed upon. Upon the breach of any contract or if no
contract is in existence as to any such facility, the District temporarily
shall operate such facility until a contract for its operation can be
negotiated.
(Source: P.A. 77-1799.)
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