(70 ILCS 1505/7.03) (from Ch. 105, par. 333.7-03)
Sec. 7.03.
The City of Chicago may, by ordinance, grant to Chicago Transit
Authority the exclusive right to construct and operate any transportation
facilities in, along, over, under, upon or across the boulevards, driveways
and other property under its jurisdiction, in connection with, as
extensions of or additions to the transportation system of said Authority,
for a term equal to and concurrent with the term of any grant to said
Authority by the City of Chicago to use the streets and other public places
in the city for local transportation of passengers. Such ordinance shall
not be effective until it has been accepted in writing by the Authority and
the acceptance has been filed with the city clerk; provided, that nothing
herein contained shall affect the validity of any right, privilege or
permit granted by the Chicago Park District to Chicago Transit Authority
prior to January 1, 1959.
(Source: Laws 1963, p. 3354.)
|