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92_SB1262
SRS92SB0022MHge
1 AN ACT in relation to the Metropolitan Airport Authority.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 (70 ILCS 5/2.7) (from Ch. 15 1/2, par. 68.2g)
5 Sec. 2.7. Metropolitan Airport Authority.
6 (a) Upon the effective date of this amendatory Act of
7 1986, in any county with a population between 600,000 and
8 3,000,000 and contiguous to a county with a population in
9 excess of 1,000,000 inhabitants, a Metropolitan Airport
10 Authority is hereby established, the territory of which shall
11 include all of the territory within the corporate limits of
12 the county and the territory of any pre-existing authority
13 located partly within and partly outside the county, except
14 the territory of any municipality whose territory lies both
15 inside and outside the county with the majority of the
16 territory lying outside the county. Upon that date, the
17 Metropolitan Airport Authority shall be deemed an organized
18 Airport Authority under this Act. Within 30 thirty days
19 after the initial appointments have been made under Section
20 3.4, the Authority board shall notify the office of the
21 Secretary of State of the establishment of the Metropolitan
22 Airport Authority by this amendatory Act of 1986, who shall
23 thereupon issue a certificate of incorporation to the
24 Authority.
25 (b) If all of the airport facilities of an existing
26 Airport Authority are situated within the corporate limits of
27 a county in which a Metropolitan Airport Authority is
28 established, the existing Airport Authority shall be
29 dissolved upon the establishment of the Metropolitan Airport
30 Authority. In such event the rights to all property and all
31 assets and liabilities, including bonded indebtedness, of the
-2- SRS92SB0022MHge
1 existing Airport Authority shall be assumed by the
2 Metropolitan Airport Authority.
3 (c) (Blank).
4 (Source: P.A. 91-618, eff. 1-1-00.)
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