Sec. 1. (a) The IFA, the NWIRDA, and the NICTD are responsible for the construction, leasing, and ownership of rail projects. With respect to and for the construction of each rail project, the IFA and the NWIRDA or the NICTD may enter into a contract for the purposes set forth in this chapter. The IFA, the NWIRDA, and the NICTD may enter into a separate contract for each rail project or a master contract for several rail projects.
(b) The IFA, the NWIRDA, and the NICTD have all the powers necessary and incidental to carry out the terms and conditions of contracts under this chapter.
As added by P.L.189-2018, SEC.26.