If any emergency exists or is threatened or other circumstances occur which in the judgment of the township board of such townships warrants summary action in advance of the levy and collection of taxes in any organized special fire protection district of such township, such township board is authorized to lease special equipment for fire protection under agreement whereby rental thereon will be paid by future collection of taxes in such special fire protection districts. If the lease of such equipment is not practical or satisfactory terms are unobtainable, the township board may hold meetings with interested industries in such special district and if found that all or a large majority of such taxpayers prefer, the board is authorized to forthwith issue and sell no-fund warrants of such special fire protection district under the provisions of Kan. Stat. Ann. § 80-1514b.