Illinois Compiled Statutes 70 ILCS 1837 Ottawa Port District Act. Section 55

    (70 ILCS 1837/55)

    Sec. 55. Rentals, charges, and fees. With respect to any and all leases, easements, rights-of-way, privileges, and permits made or granted by the Board, the Board may agree upon and collect the rentals, charges, and fees that are deemed to be in the best interest of the District. Those rentals, charges, and fees must be used to defray the reasonable expenses of the District and to pay the principal and interest upon any revenue bonds issued by the District.

(Source: P.A. 96-1522, eff. 2-14-11.)

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Last modified: February 18, 2015