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65 ILCS 5/11-103-6
(65 ILCS 5/11-103-6) (from Ch. 24, par. 11-103-6)
Sec. 11-103-6.
The corporate authorities of a municipality under this
Division 103 may (1) lease all or any part of the municipality's airport,
landing field, facilities, and other structures, and fix and collect
rentals therefor, (2) fix, charge, and collect rentals, tolls, fees, and
charges to be paid, for the use of the whole or any part of the airport or
landing field, buildings, or other facilities, (3) make contracts for the
operation and management of the airport, landing field, or other air
navigation facilities, and (4) provide for the use, management, and
operation of the airport, landing field, or air navigation facilities
through lessees thereof, or through its own employees, or otherwise.
However, no lease for the operation or management of an airport, landing
field, or air navigation facilities shall be made for more than one year
except to the highest and best bidder, after notice of the lease or
contract has been given, not more than 30 nor less than 15 days in advance
of the date of the lease or contract, by publishing a notice thereof at
least twice in one or more newspapers published in the municipality, or, if
no newspaper is published therein, then in one or more newspapers with a
general circulation within the municipality. In municipalities with less
than 500 population in which no newspaper is published, publication may
instead be made by posting a notice in 3 prominent places within the
municipality.
(Source: Laws 1961, p. 576.)
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