Illinois General Assembly - Illinois Compiled Statutes

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50 ILCS 615/5

(50 ILCS 615/5)

Sec. 5. Definitions. As used in this Act:

"Facility property" means  property owned by a municipality with a population of over
500,000
inhabitants, or a unit of local government whose jurisdiction includes
territory located in
whole or in part within a municipality with a population of over 500,000
inhabitants,
that is used by the municipality or other unit of local government for the purpose of an airport,  parking, or waste disposal or processing. "Airport", however, does not include any airport property, as defined under Section 10 of the O'Hare Modernization Act.

"Leased facility property" means facility property that  is leased to a private entity for continued use for the same airport, parking, or waste disposal or processing purpose.

(Source: P.A. 94-750, eff. 5-9-06.)