(A) The Park Board may contract with another board, a governmental unit, department, or agency, or with a person for property, facilities, or services; but shall have no authority to contract with a person, corporation, or private agency for the operation of a park or recreation program.
(B) The Town Council may sell, lease, or enter into a royalty contract for the natural or mineral resources of land which it owns.
(C) Money received from these sources shall be deposited in the nonreverting capital fund of the Board of Parks and Recreation.
(I.C. 36-10-3-11) (Ord. 1-1964, passed 6-1-1964)