(1) A board may construct or place educational facilities and ancillary facilities
on land that is owned by any person after the board has acquired from the owner of
the land a long-term lease for the use of this land for a period of not less than
40 years or the life expectancy of the permanent facilities constructed thereon, whichever
(2) A board may enter into a short-term lease for the use of land owned by any person
on which temporary or relocatable facilities are to be utilized.
(3) Leases executed by a university board of trustees pursuant to this section are
subject to s. 1010.62.
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