Download or read book Attorney General Opinion No. 1989-135 written by Robert T. Stephan and published by . This book was released on 1989 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Hospital district boards are expressly authorized to acquire real property, and impliedly authorized to create indebtedness for such acquisition. Hospital district boards are exempted from the cash-basis law by statute, and may therefore enter into lease-purchase agreements which provide for periodic or installment payments to finance a construction project. Such agreement must be reasonable, prudent and economically sound. Cited herein: K.S.A. 10-1116b; K.S.A. 80-2513, 80-2515, 80-2517.