§166-5 Joint ventures. Any agricultural park developed by the department in partnership with a federal agency, a county, or a private party shall be subject to a partnership agreement approved by the board of agriculture, which agreement shall provide, at a minimum:
(1) A determination by the board that it is in the public interest to enter into the partnership agreement;
(2) Long-term assurance that the land will be utilized for agricultural or aquacultural purposes;
(3) Board approval of the agricultural park development plans and specifications;
(4) Selection and management of lessees in a manner approved by the board; and
(5) Conditions to ensure a public benefit from any state funds expended for the project. [L 1986, c 222, pt of §1; am L 1988, c 22, §1; am L 1990, c 52, §2; am L 1993, c 102, §2]