SB 222--
Session of 1997
By Committee on Education

9 AN ACT concerning school districts; relating to leases and lease-purchase 10 agreements entered into by boards of education; amending K.S.A. 72- 11 8225 and repealing the existing section. 12 13 Be it enacted by the Legislature of the State of Kansas: 14 Section 1. K.S.A. 72-8225 is hereby amended to read as follows: 72- 15 8225. The board of education of any school district, as lessee or lessor, 16 may enter into written contracts for the use of real or personal property 17 or and, in addition to the foregoing, the board of education of any school 18 district may enter into lease-purchase agreements as provided by K.S.A. 19 10-1116b, and amendments thereto. No board of education shall enter 20 into any contract under authority of this section as lessor of any school 21 bus, as defined in K.S.A. 72-8301, and amendments thereto. The term of 22 any such lease or lease-purchase agreement entered into under authority 23 of this section may be for not to exceed 10 years. Such lease or lease- 24 purchase agreement may provide for annual or other payment of rent or 25 rental fees and may obligate the school district to payment of maintenance 26 or other expenses. Any contract made under authority of this section shall 27 be subject to change or termination at any time by the legislature. Any 28 assignment of rights in any contract made under this section shall contain 29 a citation of this section and a recitation that the contract and assignment 30 thereof are subject to change or termination by the legislature. The pro- 31 visions of the cash basis law shall not apply to any lease or lease-purchase 32 agreement made entered into under authority of this section in such a 33 manner as to prevent the intention of this section from being made ef- 34 fective. Any lease-purchase agreement which is entered into under au- 35 thority of this section by any school district and which involves the ac- 36 quisition of land or buildings is subject to the provisions of K.S.A. 37 10-1116c, and amendments thereto. 38 Sec. 2. K.S.A. 72-8225 is hereby repealed. 39 Sec. 3. This act shall take effect and be in force from and after its 40 publication in the statute book.