State Codes and Statutes
Statutes > Illinois > Chapter30 > 532 > 003005000HArt_53 (30 ILCS 500/53‑20) Sec. 53‑20. Contract duration and terms. Except for property under the jurisdiction of a public institution of higher education, the duration and terms of concessions and leases of State property shall be in accordance with this Code or other applicable law. (Source: P.A. 90‑572, eff. date ‑ See Sec. 99‑5.) |
(30 ILCS 500/53‑25) Sec. 53‑25. Public institutions of higher education. Each public institution of higher education may enter into concessions, including the assignment, license, sale, or transfer of interests in or rights to discoveries, inventions, patents, or copyrightable works, for property, whether tangible or intangible, over which it has jurisdiction. Concessions shall be reduced to writing and shall be awarded at the discretion of the institution with jurisdiction over the property. The duration and terms of concessions and leases shall be at the discretion of the institution with jurisdiction over the property. Notice of the award of a concession shall be published in the higher education volume of the Illinois Procurement Bulletin. (Source: P.A. 90‑572, eff. date ‑ See Sec. 99‑5.) |
(30 ILCS 500/53‑30) Sec. 53‑30. Illinois State Toll Highway Authority. The Illinois State Toll Highway Authority may enter into contracts, leases, licenses, or agreements for a term not to exceed 25 years that relate to the grant of concessions or the leasing of any part of a toll highway for motor fuel service stations and facilities, garages, stores, or restaurants. Nothing in this Section shall be construed to apply to properties in which the Illinois State Toll Highway Authority is the lessee. (Source: P.A. 91‑684, eff. 1‑26‑00.) |