110 ILCS 85/ University - Building Authority Leased Lands Act. - Illinois Statutes

(110 ILCS 85/0.01) (from Ch. 144, par. 70.10)     Sec. 0.01. Short title. This Act may be cited as the University ‑ Building Authority Leased Lands Act. (Source: P.A. 86‑1324.)

(110 ILCS 85/1) (from Ch. 144, par. 70.11)     Sec. 1. The Board of Trustees of the University of Illinois, the Board of Trustees of Southern Illinois University, the Board of Trustees of Chicago State University, the Board of Trustees of Eastern Illinois University, the Board of Trustees of Governors State University, the Board of Trustees of Illinois State University, the Board of Trustees of Northeastern Illinois University, the Board of Trustees of Northern Illinois University, and the Board of Trustees of Western Illinois University, may construct, complete, remodel, maintain and equip buildings and other facilities, with funds available to them from any source, upon land heretofore or hereafter leased by them from the Illinois Building Authority. (Source: P.A. 89‑4, eff. 1‑1‑96.)

(110 ILCS 85/2) (from Ch. 144, par. 70.12)     Sec. 2. Expenditures by the Board of Trustees of the University of Illinois, the Board of Trustees of Southern Illinois University, the Board of Trustees of Chicago State University, the Board of Trustees of Eastern Illinois University, the Board of Trustees of Governors State University, the Board of Trustees of Illinois State University, the Board of Trustees of Northeastern Illinois University, the Board of Trustees of Northern Illinois University, and the Board of Trustees of Western Illinois University for the construction, completion, remodeling, maintenance and equipment of buildings and other facilities are not subject to any law requiring that the State be vested with absolute fee title to the premises, if those expenditures are made in connection with and upon premises owned by the Illinois Building Authority. (Source: P.A. 89‑4, eff. 1‑1‑96.)