Olympus School District is in a geographic area that is experiencing rapid population growth. As a result, the district needs three additional schools as soon as reasonably possible. The district is allowed to impose property taxes and has a strong tax base. However, provisions on existing bonds payable restrict its ability to issue more bonds to pay for the construction of the new schools. A consultant from the state education department has suggested to the board of the district to consider entering into a "public-private partnership." Please define this term: public-private partnership. What advantage should occur from entering into such an arrangement? Propose a scenario for the construction of the schools using such an arrangement.