Illinois Code § 70 ILCS 1205/11.1-5

All right, title and interest of the State of Illinois in and
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to submerged lands, naturally and artificially made or reclaimed lands,
both within the boundaries of the harbor and adjoining its outer or water
side, are vested in the park district for harbor and other public purposes,
and the same shall be a part of the public park under the jurisdiction of
the park district. The harbor, and all real and personal property connected
therewith, owned and operated by a park district under the provisions of
this Article, are exempt from taxation.

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