Whenever the Government of the United States has in conjunction with a district contributed to the cost of building a dam creating a lake and the water impounded by the dam is to be used for domestic, irrigation, and recreational purposes, the district may do either of the following:
(a) Establish and operate recreational facilities and appliances upon the water of the lake and the land adjacent thereto.
(b) Lease the water and land to others for those purposes.
(Added by Stats. 1949, Ch. 274.)