(1) The commission shall elect one of its members as chair. The commission may be convened at such times as the chair deems necessary, and a majority shall constitute a quorum for the transaction of business.
(2) The lease of parkland or property for a period exceeding 20 years requires the affirmative vote of at least five members of the commission.
(3) The lease at Saint Edward state park may only include the following:
(a) The main seminary building;
(b) The pool building;
(c) The gymnasium;
(d) The parking lot located in between locations identified in (a), (b), and (c) of this subsection;
(e) The parking lot immediately north of the gymnasium; and
(f) Associated property immediately adjacent to the areas listed in (a) through (e) of this subsection.