§261-53 Findings and determination for special facility leases. The department shall not enter into any special facility lease unless the department at or prior to the entering into of such special facility lease shall find and determine: (1) that the building, structure or facility which is to be the subject of such special facility lease will not be used to provide services, commodities, supplies or facilities which are then adequately being made available through the airports system of the State; (2) that the result of the use or occupancy of such building, structure or facility under such special facility lease would not result in the reduction of the revenues derived from the airports system to an amount below the amount required to be derived therefrom by section 39-61; and (3) that the entering into of such special facility lease would not be in violation of or result in a breach of any covenant contained in any resolution or certificate authorizing any bonds of the State then outstanding. [L 1971, c 160, pt of §1]
Revision Note
Section "39-61" substituted for "39-59".
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