State of Illinois
91st General Assembly
Legislation

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[ Engrossed ][ Enrolled ][ Senate Amendment 001 ]

91_SB1477

 
                                               LRB9110574MWgc

 1        AN  ACT  to  amend the Shawneetown Regional Port District
 2    Act by adding Section 7.1.

 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:

 5        Section 5.  The Shawneetown Regional Port District Act is
 6    amended by adding Section 7.1 as follows:

 7        (70 ILCS 1850/7.1 new)
 8        Sec.  7.1.  Rentals,  charges, and fees.  With respect to
 9    any and all leases, easements, rights-of-way, privileges, and
10    permits made or granted by the Board,  the  Board  may  agree
11    upon  and  collect  the  rentals,  charges, and fees that are
12    deemed to be in the best interest  of  the  District.   Those
13    rentals,  charges,  and  fees  must  be  used  to  defray the
14    reasonable expenses of the District and to pay the  principal
15    and interest upon any revenue bonds issued by the District.

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