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Texas Government Code - GOV'T § 1509.002. Authority to Acquire Property for Sale or Lease to Institution of Higher Education

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) In this section, “institution of higher education” has the meaning assigned by Section 61.003, Education Code.

(b) This section applies only to a municipality that:

(1) has a population of more than 17,000 but less than 18,000;  and

(2) is located in two counties.

(c) A municipality may acquire land and may construct or acquire a building or other facility for the purpose of selling or leasing the land, building, or other facility to an institution of higher education that will provide a significant number of vocational and vocational-technical education courses in the facility for public use.

(d) The municipality may sell or lease the property:

(1) without public notice or bidding;  and

(2) on terms the governing body of the municipality finds acceptable.

(e) A municipality may not acquire land under this section by eminent domain.

(f) A sale under Subsection (c) may be by an installment sale agreement or otherwise.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1509.002. Authority to Acquire Property for Sale or Lease to Institution of Higher Education - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1509-002/

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