65 ILCS 5/11-122.2-1
2021 Illinois Compiled Statutes|Chapter 65 - MUNICIPALITIES|65 ILCS 5/ - Illinois Municipal Code.|Article 11 - Corporate Powers and Functions

 (from Ch. 24, par. 11-122.2-1)Sec. 11-122.2-1.         In addition to all its other powers, every municipality shall, in all  its dealings with the Regional Transportation Authority established by  the "Regional Transportation Authority Act", enacted by the 78th General  Assembly, have the following powers:(a) to cooperate with the Regional Transportation Authority in the  exercise by the Regional Transportation Authority of all the powers  granted it by the Act;(b) to receive funds from the Regional Transportation  Authority upon such terms and conditions as shall be set forth in an agreement  between the  municipality and the Suburban Bus Board or the Commuter Rail Board, which contract  or agreement may be for such number of years or duration as they may  agree, all as provided in the  "Regional Transportation Authority Act";(c) to receive financial grants from a Service Board, as defined in  the "Regional Transportation Authority Act", upon such terms and conditions  as shall be set forth in a Purchase of Service Agreement or other grant  contract between the municipality and the Service Board, which contract  or agreement may be for such number of years or duration as the Service Board and the  municipality may agree, all as provided in the "Regional Transportation  Authority Act";(d) to acquire from the Regional Transportation Authority  or a Service Board any Public  Transportation Facility, as defined in the "Regional Transportation  Authority Act", by purchase contract, gift, grant, exchange for other  property or rights in property, lease (or sublease) or installment or  conditional purchase contracts, which contracts or leases may provide  for consideration to be paid in annual installments during a period not  exceeding 40 years; such property may be acquired subject to such  conditions, restrictions, liens or security or other interests of other  parties as the municipality may deem appropriate and in each case the  municipality may acquire a joint, leasehold, easement, license or other  partial interest in such property;(e) to sell, sell by installment contract, lease (or sublease)  as lessor, or transfer to, or grant to or provide for the use by the Regional  Transportation Authority or a Service Board any Public Transportation  Facility, as defined in the "Regional Transportation Authority Act" upon such terms  and for such consideration, or for no consideration, as the municipality  may deem proper;(f) to cooperate with the Regional Transportation Authority  or a Service Board for the  protection of employees and users of public transportation facilities  against crime and also to protect such facilities; such cooperation may  include, without limitation, agreements for the coordination of police  or security forces;(g) to file such reports with and transfer such records, papers or  documents to the Regional Transportation Authority or a Service Board  as may be agreed upon  with, or required by, the Regional Transportation Authority or a Service Board.In exercising any of the powers granted in this Section the  municipality shall not be subject to the provisions of this Code or any  Act making public bidding or notice a requirement for any purchase or  sale by a municipality. Notwithstanding any provision of this Code to  the contrary, every municipality may enter into Purchase of Service  Agreements, grant contracts, other contracts, agreements or leases, as  provided in this Section, and may incur obligations and expenses  thereunder without making a previous appropriation therefor.    (Source: P.A. 83-886.)