KRS 197.250: Contracts for equipment, tools, supplies, and materials.

The department may enter into contracts approved by the State Property and Buildings

Commission with any person or persons upon a self -liquidating basis respecting the

acquisition and purchase of any equipment, tools, supplies, and materials, so that it ma y

be paid for over a period of not exceeding five (5) years. The aggregate amount of the

purchases or acquisitions shall not exceed two hundred and fifty thousand dollars

($250,000) unless specifically approved by the Governor and the amounts shall be

payable solely out of the revenues derived from the activities authorized by KRS 197.200

to 197.250. Nothing in this section shall be so construed or interpreted as to authorize or

permit the incurring of a state debt of any kind or nature as contemplated by t he

Constitution.