Lands within city boundaries may be leased for a term not exceeding fifty years.
Source: L. 19: p. 644, § 12. C.L. § 1165. CSA: C. 134, § 64. CRS 53: § 112-3-20. C.R.S. 1963: § 112-3-20. L. 97: Entire section amended, p. 841, § 15, effective May 21.