Sec. 1. To provide the board with the necessary flexibility and resources to carry out this article, the following apply:
(1) The board may:
(A) eliminate or modify existing policies;
(B) create new policies; and
(C) alter policies;
subject to this article and the plan developed under IC 20-25-10.
(2) IC 20-29 applies to the school city.
(3) Notwithstanding any other law, a school city may lease school transportation equipment to others for nonschool use when the equipment is not in use for a school city purpose.