Illinois Code § 75 ILCS 16/30-55.30

Disposal of property.
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The board may sell or otherwise dispose of
real or personal property that it
deems no longer necessary or useful for library purposes under terms the board
deems best, but in no event on contracts extending over a period
of more than 20 years. The board may lease to others any
real property not immediately
useful to the district but for which plans for ultimate use have been adopted.

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