Texas Local Government Code 379H.054 – Board Actions
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(a) Subject to Subsection (b), actions of the board must be approved by the affirmative vote of a quorum of the board.
(b) Action on the following matters requires approval by a majority of the total membership of the board:
(1) adoption of bylaws or rules for conduct of the business of the land bank for which the board serves;
(2) hiring or firing of any employee or contractor of the land bank for which the board serves;
(3) incurring debt;
(4) adoption or amendment of the annual budget; and
(5) sale, lease, encumbrance, or alienation of or improvements to real or personal property with a value of more than $50,000.
Terms Used In Texas Local Government Code 379H.054
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
- Quorum: The number of legislators that must be present to do business.
(c) By majority vote, the board may delegate the hiring and firing of employees and contractors to a specific officer or committee of the land bank for which the board serves, under terms and to the extent specified by the board.
(d) A board member may not vote by proxy.
(e) A board member may request a recorded vote on any resolution or action of the land bank.