(70 ILCS 5/2.7) (from Ch. 15 1/2, par. 68.2g)
Sec. 2.7.
Metropolitan Airport Authority.
(a) Upon the effective date of this amendatory Act of 1986, in
any county with a population between 600,000 and 3,000,000 and contiguous
to a county with a population in excess of 1,000,000 inhabitants, a
Metropolitan Airport Authority is hereby established, the territory of
which shall include all of the territory within the corporate limits of the
county and the territory of any pre-existing authority located partly
within and partly outside the county, except the territory of any
municipality whose territory lies both inside and outside the county with
the majority of the territory lying outside the county. Upon that date,
the Metropolitan Airport Authority shall be deemed an organized Airport
Authority under this Act. Within 30 days after the initial appointments
have been made under Section 3.4, the Authority board shall notify the
office of the Secretary of State of the establishment of the Metropolitan
Airport Authority by this amendatory Act of 1986, who shall thereupon issue
a certificate of incorporation to the Authority.
(b) If all of the airport facilities of an existing Airport Authority
are situated within the corporate limits of a county in which a
Metropolitan Airport Authority is established, the existing Airport
Authority shall be dissolved upon the establishment of the Metropolitan
Airport Authority. In such event the rights to all property and all assets
and liabilities, including bonded indebtedness, of the existing Airport
Authority shall be assumed by the Metropolitan Airport Authority.
(c) (Blank).
(Source: P.A. 91-618, eff. 1-1-00.)
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