(a) The City of Martinsburg may lease its real or personal property to nonprofit organizations for less than fair and adequate consideration when the nonprofit organization is providing services that benefit the public and which are services that the City could lawfully provide; provided that City Council has made, by resolution authorizing the lease and containing terms and conditions therefor, factual determinations that:
(1) There is a lack of need for such property by the City in comparison to the benefit to the City if property is leased; and
(2) There is a demonstrable need for such property by the nonprofit organization to be able to perform the services benefiting the public.
(b) In the event the nonprofit organization ceases to use the leased property to benefit the public, the lease shall terminate and such nonprofit organization shall thereafter have no right, title, or interest therein or thereto.