(70 ILCS 1855/3) (from Ch. 19, par. 453)
Sec. 3.
There is created a political subdivision, body politic and
municipal corporation by the name of Southwest Regional Port District which
shall embrace, include and consist of all of the incorporated and
unincorporated territory of the following civil townships in St. Clair
County: Canteen, Centreville, East St. Louis, Stites, and Sugar Loaf.
Territory may be annexed to the District in the manner hereinafter
provided in this Act.
The District may sue and be sued in its corporate name, but execution
shall not in any case issue against any of the property or assets of the
District. The District may adopt a common seal and change the same at its
pleasure.
All property of every kind belonging to the District shall be exempt
from taxation, provided that taxes may be assessed and levied upon a lessee
of the District by reason of the value of a leasehold estate separate and
apart from the fee and upon such improvements as are constructed and owned
by others than the District. All property of the District shall be
construed as constituting public property owned by a municipal corporation
and used exclusively for public purposes within the provisions of Section
15-155 of the Property Tax Code.
(Source: P.A. 88-670, eff. 12-2-94.)
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