Illinois § 2-130 Term of agreement; reversion of property to the Department

Illinois Statutes

§ 2-130 — Term of agreement; reversion of property to the Department

Illinois·Topic TRANSPORTATION·Ch. 620 AIR TRANSPORTATION·Act 620 ILCS 75/ Public-Private Agreements for the South Suburban Airport Act.·Art. Article 2 - Public-Private Agreements for the South Suburban Airport Act

(a)The Department shall terminate the contractor's authority and duties under the public-private agreement on the date set forth in the public-private agreement.

(b)Upon termination of the public-private agreement, the authority and duties of the contractor under this Act cease, except for those duties and obligations that extend beyond the termination, as set forth in the public-private agreement, and all interests in the South Suburban Airport shall revert to the Department.

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(a) The Department shall terminate the contractor's authority and duties under the public-private agreement on the date set forth in the public-private agreement. (b) Upon termination of the public-private agreement, the authority and duties of the contractor under this Act cease, except for those duties and obligations that extend beyond the termination, as set forth in the public-private agreement, and all interests in the South Suburban Airport shall revert to the Department.

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