Illinois Compiled Statutes 65 ILCS 5/1-1-11 – Contractual assessments; renewable energy sources
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Terms Used In Illinois Compiled Statutes 65 ILCS 5/1-1-11
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
A municipality may enter into voluntary agreements with the owners of property within the municipality to provide for contractual assessments to finance the installation of distributed generation renewable energy sources or energy efficiency improvements that are permanently fixed to real property.