Sec. 5. Except as otherwise provided in IC 20-26-7.1, a school corporation (as defined in IC 36-1-2-17) may convey property owned by the school corporation to a civil city or other political subdivision for civic purposes if:
(1) the governing body adopts a resolution recommending the transfer and conveyance of the school property;
(2) the civil city or political subdivision agrees to accept the school property; and
(3) the governing body executes a deed for the school property.