K.S.A. 76-2007b: Same; lease renewable or cancelable.

The lease entered into pursuant to the provisions of K.S.A. 76-2007a, and amendments thereto, shall be renewable at the end of 15 years or may be deemed cancelled at the instance of either of the parties thereto. Such lease shall be deemed cancelled automatically, after notice thereof to the governing body of the city, if any of the provisions of the lease are violated.