Section 5-23-6-1 - Original term in excess of five years(a) Under the provisions of this article, the governmental body may enter into a public-private agreement for an original term not to exceed five (5) years with board approval.(b) Any public-private agreement with an original term in excess of five (5) years must be approved by the following: (2) If the state is a party to the agreement, the governor.(3) If a political subdivision is a party to the agreement, by the fiscal body of the political subdivision.As added by P.L. 49-1997, SEC.34.