Illinois Code § 70 ILCS 1205/8-16

In addition to the other powers and authority now possessed by
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it, every park district shall have the power and authority to lease real
estate for a period not to exceed 99 years and to improve the same in such
manner as may be required for corporate purposes by the construction of
capital improvements thereon when so authorized by the affirmative vote of
two-thirds of the governing board of the park district.

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