(a) Before any compact shall become binding upon any member school district, the board of directors of each school district shall approve, by majority action of the entire membership, a resolution approving the compact agreement and the participation of the school district therein as specified in the provisions of the compact agreement.
(b) Before entering into any compact agreement under this subchapter, the board of directors of each member school district shall, by majority action of the members thereof, make a finding that the educational opportunities and services to be rendered or received by the school district and the cost thereof to the school district under the proposed compact are necessary, reasonable, and justified expenses of the school district.