Texas Government Code 442.103 – Lease of Lands and Improvements
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(a) The commission may lease any land or improvement that is part of a historic site described by Subchapter C to a municipality, county, special district, nonprofit organization, or political subdivision. After the execution of the lease, the leased area may not be referred to as a state facility and state funds may not be used to operate or maintain the property.
(b) The conditions and duration of the lease agreement are determined by the agreement of the commission and the lessee.
Terms Used In Texas Government Code 442.103
- 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
- Property: means real and personal property. See Texas Government Code 311.005