253.290. Leases for development and operation of resort facilities--rentals.

Leases for development and operation of resort facilities--rentals.

253.290. The director of the department of natural resourcesmay grant leases for the development, construction, maintenanceand operation of resort and related facilities on federalreservoir lands purchased, leased, or licensed by the state fromthe federal government for a period of not to exceed fifty years.The consideration for the lease shall be based upon a specifiedannual rental for each acre plus a percentage of the grossbusiness done on the land.

(L. 1959 H.B. 317 § 1, A.L. 1981 S.B. 445)