120.25 School board cooperation in acquiring school facilities.
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/wi/chapter-120/120-25A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
120.25 School board cooperation in acquiring school facilities.
(1)Two or more school boards may by written contract executed by all participants to the contract, own, construct, lease or otherwise acquire school facilities including real estate located within or outside the boundaries of any participating school district.
(2)School boards entering into a contract under this section may, without limitation because of enumeration:
(a)Provide for acquisition, construction, operation and administration of a facility, and establish the functions, projects and services to be provided in the facility, including, without limitation because of enumeration, proration of all expenses involved, operational and fiscal management including deposit and disbursement of funds appropriated, designation of the municipal employer for purposes of compliance with s. 111.70 , teacher retirement, worker’s compensation and unemployment insurance.
(b)Purchase real estate and personal property, including a fractional or other interest in the real estate and personal property and enter into leases for sites, building and equipment for a term not exceeding 50 years.
(c)Issue municipal obligations subject to the procedures and limitations of ch. 67 .