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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) In this section, “qualifying project” means any real estate project involving the construction of:
(1) tenant finish-out or construction of a build-to-suit facility for a tenant who, through the execution of a lease with an authority, pays for or reimburses the authority for the cost of the improvements;
(2) infrastructure improvements, including roads, driveways, or utility extensions, made in connection with the sale or lease of property owned by the authority and for which the proceeds of the sale or the lease are used to reimburse the authority for the infrastructure improvements; or
(3) an income-producing facility that generates revenue for the authority and that is constructed by a private developer with special expertise in development.
(b) Chapters 2267 and 2269, Government Code, do not apply to a qualifying project of an authority.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 379B.0012. Application of Other Law - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-379b-0012/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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