(a) The Department of Parks, Heritage, and Tourism, in addition to any other powers granted in this chapter, shall have the sole authority to lease state park lands to private companies and to authorize the lessees to construct, maintain, and operate overnight accommodation facilities, recreational facilities, and the other major facilities which the department may deem appropriate.
(b) Any lease executed by the department shall include provisions satisfactory to the department regarding the quality of services and facilities to be furnished by the lessee and the charges to be made therefor, or provisions reserving to the department the right to monitor and inspect the activities and facilities of the lessee to assure that the quality of the services and facilities provided by the lessee and the prices charged therefor are appropriate.
(c) Failure of any lessee to comply with the terms of a lease or the reasonable requirements of the department regarding the quality of services and facilities provided by the lessee or the charges to be made therefor shall be grounds for the department to terminate the lease.
(d) Each lease shall be for a term not to exceed twenty-five (25) years, and the lessee may be permitted to renew the lease for an additional period not to exceed twenty-five (25) years.
(e) No long-term lease shall be entered into by the department unless it is approved by the State Parks, Recreation, and Travel Commission and the Legislative Council.