PANA shall foster and encourage the participation of private enterprise in the development of its facilities to the fullest extent it deems practicable in the interest of limiting the necessity of construction and operation of the facilities by PANA. In this respect, the Board may upon its own motion or upon the written request of any other party advertise and solicit for the construction, operation, and/or maintenance of any facility included in the development plan in accordance with plans, specifications, and regulations therefor prepared by the Board. If the Board deems it advisable and practicable, the Board may cause certain facilities included in the development plan to be installed by private enterprise and leased back to PANA on an installment contract or option to purchase. The exercise of any power granted to PANA under this section shall be consummated and regulated in accordance with detailed provisions set forth in and adopted as an ordinance by the governing body.
(Ord. G-14-02, passed 1-6-2014)