(1) Cities of any class, counties, charter counties, and urban-county governments may acquire, by purchase or donation, property for the purpose of maintaining public parks or playgrounds within the jurisdictional limits.
(2) The city legislative body, the fiscal court, or the legislative body of a charter county or an urban-county government may appoint a park board of not more than eight (8) persons, whose qualifications shall be prescribed by the city legislative body or fiscal court, and whose terms of office shall be for two (2) years and until their successors are appointed and qualified, except that three (3) members of the first board appointed shall be appointed for terms of only one (1) year. The members of the board shall not receive any salary for their services. The board shall be a corporation with perpetual succession, and may, in its corporate name, contract and be contracted with, sue and be sued, have and use a corporate seal, and alter or renew it at pleasure.