15-1636

15-1636. Lease of real property and
improvements in research park; prohibited and permitted
uses

A. The board shall not lease real property located in an area designated as a
research park pursuant to section 35-701, paragraph 10 unless the lease contains a
covenant that prohibits unlimited manufacturing on the site and allows the board to
enforce the covenant by appropriate means, which may include termination of the lease.

B. The board may take title to and lease improvements constructed on land located
in an area defined as a research park pursuant to section 35-701, paragraph 10, if the
lease contains a covenant that restricts the use of the subject property to the uses
permitted under this section. The lease shall allow the board to enforce the covenant by
appropriate means, including termination of the lease. The board may lease unimproved
lots or parcels located in an area designated as a research park pursuant to section
35-701, paragraph 10, for any use by a lessee.

C. The requirements of subsection B of this section do not apply to improvements
constructed before the effective date of subsection B of this section or to a lease
entered into between the board and a lessee, subsidiary, successor, sublessee or assignee
of a lessee, who originally entered into any lease with the board before July 31, 1996.

D. The subject property may be used only for the following purposes:

1. Laboratories, offices and other facilities for testing, consulting and
information processing, related to research and development.

2. Production, assembly or sale of products pursuant to research and development
activities.

3. Pilot plants in which processes planned for use in production elsewhere can be
tested and assembled.

4. Regional or national headquarters of the lessee or its subsidiaries that are
engaged in research and development or education activities.

5. Education and training facilities.

6. Operations required to maintain or support any permitted use, including
maintenance shops, power plants, wastewater treatment facilities, the keeping of animals,
machine shops, common area improvements and facilities and professional and commercial
services supporting permitted uses, such as child development centers, food services and
post office and mailing centers.