(70 ILCS 1505/15a) (from Ch. 105, par. 333.15a)
Sec. 15a.
In addition to the powers and authority now possessed by it, the
Chicago Park District shall have the power:
(1) To lease from any public building commission created pursuant to the
provisions of the Public Building Commission Act, approved July 5, 1955, as
heretofore or hereafter amended, any real or personal property for the
purpose of securing office or other space for its administrative corporate
functions for a period of time not exceeding 40 years;
(2) To pay for the use of this leased property in accordance with the
terms of the lease and with the provisions of the Public Building
Commission Act, approved July 5, 1955, as heretofore or hereafter amended.
(3) Such lease may be entered into without making a previous
appropriation for the expense thereby incurred; provided, however, that if
the Chicago Park District undertakes to pay all or any part of the costs of
operating and maintaining the property of a Public Building Commission as
authorized in sub-paragraph (4) of this Section, such expenses of operation
and maintenance shall be included in the annual appropriation ordinance of
the Chicago Park District annually during the term of such undertaking.
(4) In addition, the Chicago Park District may undertake, either in the
lease with a Public Building Commission or by separate agreement or
contract with a Public Building Commission, to pay all or any part of the
costs of maintaining and operating the property of a Public Building
Commission for any period of time not exceeding 40 years.
(Source: P.A. 77-1350.)
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