Sec. 12. A municipality may lease all or part of the property of a parking facility to others on any terms and conditions that do not adversely affect the rights of bondholders. However, a lease of real property under this section must be made in the manner prescribed by section 13 of this chapter. [Pre-Local Government Recodification Citations: 19-5-11-11 part; 19-5-13-13 part.]
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