12-17,154.   Same; powers.A public improvement district created pursuant toK.S.A. 2009 Supp.12-17,152,and amendments thereto, may:

      (a)   Acquire by gift, purchase, lease-purchase, condemnation or otherwise,and own, lease, use and operateproperty, whether real, personal, or mixed, or any interest therein, which isnecessary or desirable forlawful purposes. Any lease-purchase agreement entered into underauthority of this subsectionshall be subject to the conditions set forth in K.S.A. 10-1116c, and amendmentsthereto. The term of anylease entered into under authority of this subsection may be for not to exceed10 years. Such lease mayprovide for annual or other payment of rent or rental fees and may obligatesuch public improvement district to payment ofmaintenance or other expenses. Any lease or lease-purchase agreement enteredinto under authority of thissubsection shall be subject to change or termination at any time by thelegislature. Any assignment of rightsin any lease or lease-purchase made under this subsection shall contain acitation of this section and arecitation that the lease or lease-purchase agreement and assignment thereofare subject to change ortermination by the legislature; and

      (b)   enter into lease agreements as lessor of any property,whether real, personal, or mixed, which is ownedor controlled by such public improvement district. Any such agreementmay specify the purposes forwhich the property may beused, require that the property be maintained and operated by the lessee, andmay contain such restrictionsor limitations on the use of the property, be entered into for such period oftime, and include such otherterms and conditions as the governing body of such public improvementdistrict determines to benecessary and proper. Every suchagreement shall be subject to change or termination at any time by thelegislature. Any assignment of rightsunder any such agreementshall contain a citation ofthis section and a recitation that the lease agreement and assignment of rightsthereunder are subject tochange or termination by the legislature.

      History:   L. 2005, ch. 151, § 3; July 1.