3-120. Joint ownership and operation by cities and counties; contracts.
3-120
3-120. Joint ownership and operation by cities and counties; contracts.
Whenever in the opinion of the governing bodies of two or more
municipalities, the public safety, service and welfare can be advanced
thereby, such governing bodies may own and hold, as tenants in common, and
may acquire by gift, lease, purchase, or otherwise lands for use as
airports as herein provided, and may enter into contracts
or agreements with each other, duly authorized by such governing bodies for
their joint operation, control, maintenance, improvement and development,
and by contracts authorized as aforesaid, agree upon the amount of general
obligation bonds to
be issued for the purposes in such contracts provided by each of the
contracting municipalities, and the amount of tax levy to be made by each
municipality, party to such contracts, if such general obligation bonds
are to be issued or tax
levies made.
History: L. 1941, ch. 10, § 1; L. 1947, ch. 12, § 2; L. 1976,
ch. 11, § 1; July 1.