Illinois Compiled Statutes 55 ILCS 5 Counties Code. Section 5-1049.2

    (55 ILCS 5/5-1049.2)

    Sec. 5-1049.2. Lease of county property. The county board may lease real estate acquired or held by the county for any term not exceeding 99 years and may lease the real estate when, in the opinion of the county board, the real estate is no longer necessary, appropriate, required for the use of, profitable to, or for the best interests of the county. The authority to lease shall be exercised by an ordinance passed by three-fourths of the county board members then holding office, at any regular meeting or at any special meeting called for that purpose. However, the county board may authorize any county officer to make leases for terms not exceeding 2 years in a manner determined by the Board.

(Source: P.A. 88-526.)

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Last modified: February 18, 2015