Illinois Statutes Chapter 105. Schools § 5/29-15. Sale or lease of buses to mass transit district or urban transportation district; contracts for transportation

§ 29-15. Subject to the provisions of Section 10-22.8 of this Act, school districts, which own buses or other vehicular equipment for the transportation of pupils to or from school within such district, may sell or lease such buses or equipment to a Mass Transit District organized under the Local Mass Transit District Act  1 or to an Urban Transportation District organized under the Urban Transportation District Act.  2 Such districts may contract with a Mass Transit District or an Urban Transportation District for the transportation of pupils to and from the schools of such districts at a consideration to be determined by negotiation between the parties. Such contracts shall otherwise be subject to the provisions of this Article.