Contracts for construction of buildings and other structures - Financing.

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A. The board of directors of any county fair association is authorized to enter into agreements with other persons, firms or corporations, the terms of which provide for the construction of buildings or other structures upon the property used by the associations for fairs, exhibitions and other events. The funds to be made available for the contracts authorized by this section shall be derived only from the operation of the fairgrounds, gifts or donations received for such purpose.

B. The use of appropriated public funds or tax receipts to pay for such structures is expressly prohibited and no liability shall be incurred by the board of county commissioners or public body in the event of default on such contracts.

Added by Laws 1965, c. 186, § 1, emerg. eff. June 7, 1965. Amended by Laws 2001, c. 146, § 217, emerg. eff. April 30, 2001. Renumbered from § 121 of this title by Laws 2001, c. 146, § 269, emerg. eff. April 30, 2001.


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