(1) A school district may contract with one or more other school districts to establish a cooperative to perform any or all education administrative services, activities, and undertakings that the school district entering into the contract is authorized by law to perform. The cooperative contract must be authorized by the boards of trustees of the districts entering into the contract.
(2) A cooperative contract may allow money allocated to a cooperative to be expended for:
(a) recruitment of professionals or employees for the cooperative; and
(b) facility rental and supportive services, including but not limited to janitorial and communication services.