(70 ILCS 2405/9.5) (from Ch. 42, par. 308 1/2)
Sec. 9.5.
In addition to the powers and authority now possessed by them,
the board of trustees of any sanitary district organized under this Act
shall have the power, by majority vote:
(a) To convey, grant, transfer or sell to the United States of
America, or to any proper agency thereof, any real or personal property
owned by the sanitary district upon such terms as may be agreed upon by
the board of trustees, or in consideration of a grant or loan of money
by the federal government, or any agency thereof, for the construction,
extension or improvement of any public works project or building.
(b) To enter into a lease or contract with the United States of
America, or any proper agency thereof with reference to any real or
personal property for use for any sanitary district purpose, for any
period of time not exceeding fifty years, with or without an option to
buy such property and with or without a clause to the effect that title
to such leased property shall vest in the district at the expiration of
such lease.
(c) To pay for the use of any such leased property in accordance
with the terms of such lease; provided that such lease may be entered
into without an appropriation for the expense thereby incurred having
been previously made; and provided further, that no obligation to pay
incurred under such lease shall be considered to be an indebtedness of
the district within the meaning of any constitutional or statutory
limitation upon such indebtedness, but such obligation shall be
considered a current expense of the year for which paid and not an
indebtedness of the district.
(d) To authorize any official to enter into any such lease and to
sign the same on behalf of the district, and to execute any deed or
other evidence of transfer of title on behalf of the district, to effect
or evidence any exercise of the powers hereby granted.
(Source: P.A. 87-895.)
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