Illinois Compiled Statutes 70 ILCS 5/8.03 – To operate, maintain, manage, lease, sublease, and to make and enter …
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Terms Used In Illinois Compiled Statutes 70 ILCS 5/8.03
- 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
To operate, maintain, manage, lease, sublease, and to make and enter into contracts for the use, operation or management of, and to provide rules and regulations for the operation, management or use of any public airport or public airport facility.