The governing board of any school district may enter into an agreement with an agency under which the agency shall construct, or cause to be constructed, a building or buildings to used by the district upon a designated site within a project area and, pursuant to such agreement, the district may lease such buildings and site. Such agreement shall provide that the title to such building or buildings and site shall vest in the district at the expiration of such lease, and may provide the means or method by which the title to the building or buildings and the site shall vest in the district prior to the expiration of such lease, and shall contain such other terms and conditions as the governing board of the district deems to be in the best interest of the district. Such agreements and leases may be entered into by the governing board of any school district without regard to bidding, election, or any other requirement of Article 9 (commencing with Section 15701) of Chapter 2 of Division 11 of Part 3 of the Education Code.
(Added by Stats 1971, Ch. 271, Sec 2.)