Section 2000.4035  Purchase Options

a)         All leases of free standing facilities shall contain an option to purchase exercisable by the State.

b)         Purchase options may be omitted if:

1)         The lease is with a governmental entity or a not-for-profit entity.

2)         The CPO determines that the purchase option is not in the State's best interest and publishes his/her written determination in the Bulletin.

(Source:  Amended at 43 Ill. Reg. 6185, effective May 9, 2019)