DISTRICT PROPERTY, FACILITIES, AND EQUIPMENT.

(a) The board shall determine:

(1) the type, number, and location of buildings required to maintain an adequate hospital system; and

(2) the type of equipment necessary for hospital care.

(b) The board may:

(1) acquire property, including facilities and equipment, for the district for use in the hospital system;

(2) mortgage or pledge the property as security for the payment of the purchase price;

(3) lease hospital facilities for the district; and

(4) sell or otherwise dispose of property, including facilities or equipment, for the district.