12-1738. Lease of all or part of public building by city; terms; building invested with historical or cultural value; building no longer required for city purposes.
12-1738
12-1738. Lease of all or part of public building by city; terms;
building invested with historical or cultural value; building no longer
required for city purposes.
(a) Any city owning or hereafter acquiring any public building may,
except as otherwise specifically provided by law, lease any such building
or any part thereof, when such is not required for city purposes, for a
period not exceeding one (1) year at a time, upon such terms and conditions
as the governing body may deem to be in the best interest of the city.
(b) Notwithstanding the provisions of subsection (a) of this section,
whenever the governing body of any city owning or hereafter acquiring any
public building shall by resolution declare that any such building is
invested with unusual historical or cultural value, the nature of which
shall be described, such city may lease such building to any corporation or
association desiring to restore and preserve such building for its
historical or cultural value for any term of years which the governing body
may deem to be in the best interest of the city.
(c) Notwithstanding the provisions of subsection (a) of this section,
whenever the governing body of any city owning, on January 1, 1975, any
public building shall by resolution declare that any such building is no
longer required for city purposes, such city may lease the building, or any
part thereof, for any term of years upon such terms and conditions as the
governing body, upon a two-thirds vote thereof, may deem to be in the best
interest of the city.
History: L. 1959, ch. 78, § 3; L. 1974, ch. 63, §
1; L. 1975, ch. 72, § 1; July 1.