Illinois Code § 70 ILCS 1545/18

The city shall succeed to the rights and powers of the park
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district in respect to agreements and permits relating to the Chicago
Transit Authority under Section 7 of "An Act in relation to the creation,
maintenance, operation and improvement of the Chicago Park District,"
approved July 10, 1933, as amended; provided that this Act shall not
affect the validity of any right, privilege or permit granted by the park
district to the Chicago Transit Authority under authority of said law.

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