Section 33-2727 - CONTRACTS - JOINT POWERS AGREEMENTS - PARTICIPATION IN NONPROFIT CORPORATIONS(1) In lieu of, or in addition to, establishing an independent library, the board of trustees may purchase specified library services by contract from any taxing unit, or public or private agency maintaining a library. Contracts for services shall contain provisions on annual budget procedures, accounting for funds, dispute resolution procedures, ownership of assets purchased with district funds, annual reports and procedures for ending the contract.(2) The board of trustees of a library district may sell specified library services to any taxing unit, or public or private agency which contracts to make an acceptable annual appropriation for these services.(3) Any purchase or sale of library services shall be under a written contract that is in accordance with all applicable state and federal laws.(4) In order to improve or expand public library services, library districts may participate in the joint exercise of powers with other public agencies as specified by law.(5) In order to improve or expand public library services, library districts may become corporate partners in nonprofit corporations.[(33-2727) 1963, ch. 188, sec. 19, p. 568; am. 1965, ch. 255, sec. 4, p. 648; am. and redesignated 1989, ch. 132, sec. 22, p. 298; am. 1996, ch. 71, sec. 29, p. 234; am. 2002, ch. 312, sec. 11, p. 892.]