Illinois Compiled Statutes 70 ILCS 2905/2-7 – To acquire by purchase, condemnation or otherwise, any and all real …
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Terms Used In Illinois Compiled Statutes 70 ILCS 2905/2-7
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
To acquire by purchase, condemnation or otherwise, any and all real and personal property, rights of way and privileges, either within or without its corporate limits, required for its corporate purposes; or to sell, lease or convey any real or personal property, rights of way and privileges.