ยง166-5 - Joint ventures.
ยง166-5ย Joint ventures.ย Anyagricultural park developed by the department in partnership with a federalagency, a county, or a private party shall be subject to a partnershipagreement approved by the board of agriculture, which agreement shall provide, ata minimum:
(1)ย A determination by the board that it is in thepublic interest to enter into the partnership agreement;
(2)ย Long-term assurance that the land will beutilized for agricultural or aquacultural purposes;
(3)ย Board approval of the agricultural parkdevelopment plans and specifications;
(4)ย Selection and management of lessees in a mannerapproved by the board; and
(5)ย Conditions to ensure a public benefit from anystate funds expended for the project. [L 1986, c 222, pt of ยง1; am L 1988, c22, ยง1; am L 1990, c 52, ยง2; am L 1993, c 102, ยง2]