162 1997 Session Laws of Kansas Ch. 54
An Act concerning school districts; relating to leases and
lease-purchase agreements en-
tered into by boards of education; amending K.S.A. 72-8225 and repealing the existing
Be it enacted by the Legislature of the State of
Section 1. K.S.A. 72-8225 is hereby amended to read as
72-8225. The board of education of any school district, as lessee or lessor,
may enter into written contracts for the use of real or personal property
or and, in addition to the foregoing, the board
of education of any school
district may enter into lease-purchase agreements as provided by K.S.A.
10-1116b, and amendments thereto. No board of education shall enter
into any contract under authority of this section as lessor of any school
bus, as defined in K.S.A. 72-8301, and amendments thereto. The term of
such lease or lease-purchase agreement
entered into under authority
of this section may be for not to exceed 10 years. Such lease or lease-
purchase agreement may provide for annual or other payment of rent or
rental fees and may obligate the school district to payment of maintenance
or other expenses.
Any contract made under authority of
this section shall The pro-
be subject to change or termination at any time by the legislature. Any
assignment of rights in any contract made under this section shall contain
a citation of this section and a recitation that the contract and assignment
thereof are subject to change or termination by the legislature.
visions of the cash basis law shall not apply to any lease or lease-purchase
made entered into under authority
of this section in such a
manner as to prevent the intention of this section from being made ef-
fective. Any lease-purchase agreement which is entered into under au-
thority of this section by any school district and which involves the ac-
quisition of land or buildings is subject to the provisions of K.S.A.
10-1116c, and amendments thereto.
Sec. 2. K.S.A. 72-8225 is hereby repealed.
Sec. 3. This act shall take effect and be in force from and
publication in the statute book.
Approved April 4, 1997.