AN ACT TO PERMIT THE STATE BOARD OF EDUCATION TO ENTER INTO LEASES WITH THE FEDERAL GOVERNMENT.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Title 14, Chapter 1, Delaware Code, is amended by adding thereto a new Section as follows:
§ 130. Leases with the Federal Government
The Board may enter into contracts with the government of the United States of America or its agencies for the leasing to the Board of machinery, tools, equipment, land, buildings or other items to be used in the school system of this State. The contracts so entered into may be for such terms not exceeding 20 years; and on such conditions as the Board may deem advisable. The Board may sub-lease to school districts of the State the items so leased for such terms and on such conditions as the Board may deem advisable.
Approved July 10, 1961.