[§ 206E -289] Lease of projects.
81 words·~1 min read·
/hi/206e-24A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§ 206E -289] Lease of projects. Notwithstanding any law to the contrary, the authority, without recourse to chapter 103D, may lease for a term not exceeding sixty-five years all or any portion of the real or personal property constituting a commercial project to any person, upon terms and conditions as may be approved by the authority; provided that all revenues generated from the lease shall be used to support the purpose of the program. [L 2023, c 97, pt of §3]