Illinois Compiled Statutes 50 ILCS 450 Medical Service Facility Act. Section 9

    (50 ILCS 450/9) (from Ch. 85, par. 929)

    Sec. 9.

    The corporate authority may lease or rent the medical service facility on terms that may be fixed and revised from time to time with consideration being given both to the need for revenue to reduce the tax rate required for the amortization of the bonds and to the overall purpose of providing better medical service for the community.

(Source: P.A. 76-660.)

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Last modified: February 18, 2015